Market Analysis
Market Research Future (MRFR) estimates the global mobile fronthaul market to grow at a significant pace from 2020 to 2027 (forecast period).
Since the incorporation of 5G technology into smartphones, demand for mobile phones has skyrocketed. This has resulted in phenomenal growth in the mobile fronthaul market. This is especially true now that 4G/LTE mobile deployment networks are becoming more popular.
The fragmented nature of the worldwide fronthaul industry has made it possible for many well-known telecom players to prosper. Accelink Technologies Co. Ltd, MACOM Technologies, Nokia, and E-Blink SA are a few successful smaller enterprises and larger heavyweights. These companies generate the vast majority of revenue in the worldwide mobile fronthaul industry.
On January 22, 2018, an unusual occurrence occurred in the worldwide fronthaul industry. This was the year that EXFO launched SkyRan into the international mobile fronthaul market. SkyRan is a scalable remote platform that can quickly access and monitor mobile fronthaul networks that are being troubleshot.
It is meant to assist mobile network providers in identifying and resolving network faults before subscribers become aware of them.
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COVID-19 Impact on the Global Mobile Fronthaul Market
The global imposition of the lockdown had a significant impact on customers, their consumption, and, as a result, the level of production of services by various enterprises. As can be seen, many significant companies in the telecommunications business were already shifting their focus to new mobile phone sector solutions. The emergence of COVID-19 and the accompanying pandemic, on the other hand, has only accelerated this trend. Remote buying and selling (also known as e-commerce) and contactless delivery were two important accelerators.
This is particularly evident in the growing number of important players who have entered the mobile fronthaul industry post-COVID. Telecoms giants such as Accelink Technologies (a Chinese telecoms multinational), MACOM Technologies (a major American player), E-blink SA (a major French player), Nokia Corporation (a well-established Finnish company), Finisar Corporation (American), Innolight Technology Corporation (Chinese), OE Solutions (American), Huawei Technologies, Co., Ltd (Chinese), Eoptolink Technologies, Inc (American), etc...are cashing in on the massive mobile fronthaul market boom driven by worldwide consumers' reliance on remote and contactless purchasing.
Key Players
Accelink Technologies (America), EXFO (China), MACOM Technologies (America), Nokia (Finland), E-Blink (France), HUAWEI (China).
Market Segmentation
The global mobile fronthaul market has been segmented into type, services, and network.
- By type, the global mobile fronthaul market has been segmented into Cloud RAN and Centralized RAN.
- By services, the global mobile fronthaul market has been segmented into professional and managed.
- By network, the global mobile fronthaul market has been segmented into Passive WDM, Ethernet, Active WDM.
Regional Analysis
Region-wise, the global mobile fronthaul market has been segmented into North America, Europe, Asia Pacific, and the rest of the world.
The North American region is set to lead the development of the market in the coming period. There are several dominant factors in the current environment and the future that will expand their mobile fronthaul market share. These regions are projected to see a significant increase in smartphone sales. Rising incomes in the majority of the Asia Pacific region's countries (particularly India and China) are driving this. Japan has long been a major consumer of electronics, and this tendency is expected to continue. North American regions, European nations, and the rest of the world are also experiencing a strong rise in mobile phone demand.
Summary
The global mobile fronthaul market is anticipated to grow at a significant pace from 2020 to 2027 (forecast period). The surging application of smartphones is predicted to influence the development of the market in the forecast period.
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