Sub 6GHZ PTP and PTMP Proprietary Solutions Market Insights
The global sub 6GHZ PTP and PTMP proprietary solutions market is growing rapidly. The growing adoption of 5G MIMO tower infrastructure to meet the rising demand for sustainable mobile coverage creates vast growth opportunities. Market Research Future (MRFR) confirms that the global sub 6GHZ PTP and PTMP proprietary solutions market will reach USD 119,123.3 million by 2032, growing at a 27.1% CAGR throughout the review period (2023-2032).
Point-to-point solutions provide future-proof backhaul that is simpler, more affordable, and easier to install than existing wireless alternatives. The escalating demand for high bandwidth applications offers new and exciting opportunities for sub 6GHZ PTP and PTMP proprietary solutions. Network operators focus on extending their networks to expand their subscriber base by providing more bandwidth.
The growing numbers of Internet, smartphone, and tablet users are major driving forces. Additionally, the emergence of next-generation wireless technology and the rising demand for steady connectivity define the growing market landscape. The sub 6GHZ PTP and PTMP proprietary solutions market is witnessing steady growth, headed by the increasing energy demand, especially from the industrial sectors.
The emergence of 5G networks and increased demand for extended mobile bandwidth substantiate the size of the sub 6GHZ PTP and PTMP proprietary solutions market. The rising demand for improved broadband and increased data transmission influence market growth. The growing adoption of chip antennas for efficient communication influences market revenues.
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Major Players
Players leading the global sub 6GHZ PTP and PTMP proprietary solutions market are
- RADWIN,
- Cambium Networks,
- Siklu,
- Ceragon Networks Ltd.,
- Mimosa Networks,
- Ligowave AG,
- Infinite Wireless,
- Telrad Networks (Liquid Intelligent Technologies),
- Ubiquiti Networks,
- Proxim wireless,
- RAD Data Communications,
- CableFree,
- Intracom Telecom,
- IGNITENET (ACCTON GROUP),
- Redline Communication,
- Aviat Networks, Inc,
- Star Microwave,
- Rad Communications,
- SIAE microelettronica S.p.a., and
- Saf Tehnika, among others.
Market Segments
The sub 6GHZ PTP and PTMP proprietary solutions market is segmented into types, antenna technology, capacity throughput, industry verticals, and regions. The solution type segment is sub-segmented into wireless broadband systems, microwave systems, fixed wireless access (FWA) systems, small cell solutions, mesh networking systems, outdoor access points (AP) systems, and others. The antenna technology segment is sub-segmented into single antenna solutions, multiple input multiple output (MIMO) solutions, and massive MIMO solutions.
The capacity and throughput segment is sub-segmented into low, medium, and high-capacity solutions. The industry verticals segment is sub-segmented into telecommunications service providers, enterprise business, industrial utilities, public safety emergency services, transportation logistics, smart cities municipalities, and others. The region segment is sub-segmented into the MEA, Americas, Europe, Asia-Pacific, and rest-of-the-world.
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Regional Analysis
North America dominates the global sub 6GHZ PTP and PTMP proprietary solutions market. The rapidly evolving wireless broadband ecosystem in the region supports market growth. Besides, the growing adoption of broadband-enabled health information technology (IT) to enhance care and reduce costs boosts the sub 6GHZ PTP and PTMP proprietary solutions market size.
The strong presence of telecommunication equipment manufacturers and the growing use of smart connected devices in this region drive market growth. Also, the need for wireless communication technology across the region is one of the leading driving forces behind the market increase. Moreover, growing industry automation and higher adoption of smart homes are major tailwinds pushing the market's growth.
Europe is another lucrative market for the sub 6GHZ PTP and PTMP proprietary solutions market. The adoption of point-to-multipoint wireless broadband networks is growing in areas ranging from modest deployments connecting isolated areas to large community-wide deployments with thousands of customers. Additionally, the increased awareness of PTP and PTMP solutions for enterprise access and campus connectivity applications increases the region's market shares. The European sub 6ghz PTP and PTMP proprietary solutions market will register a 24.8% CAGR between 2023 and 2032.
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Competitive Analysis
Manufacturers strive to increase their production capacities with improved cost efficiency and new digitalization possibilities. Many sub 6GHZ PTP and PTMP proprietary solutions developers are exploring the possibility of developing electric vehicle charging and power systems after mastering their converter research and development.
Increasing strategic partnerships, collaboration, mergers acquisitions, expansion, and product launches, are likely to increase during the next few years. Industry players strategically invest in research and development activities and foster expansion plans.
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