Satellite Backhaul Market Estimated to Reach $2.7 Billion by 2025
"The Rise in Mobile Industry, Advancement in Cellular Networks and Growth of Telecommunication Industry Are Driving the Growth of the Market."
Satellite Backhaul Market
BriefingWire.com, 4/20/2021 -
The Global Satellite Backhaul Market is estimated to reach $2.7 billion by 2025, growing at a CAGR of 4.4%. Satellite backhaul is the process of distribution of data from one location to various satellite terminals. Satellite Backhaul/Satellite Based Cellular Backhaul has proven to be extremely feasible in the areas where communication is difficult or expensive through the use of traditional means such as fiber, cable or microwave. Satellite backhauls are used to carry 2G, 3G and 4G/LTE traffic across the globe. Satellite cellular backhaul expands the area of operation of public and mobile telephony providers and facilitates communication. Surge in use of mobile phones and technological advancement in the telecommunication sector has driven the growth of the market.