Long haul solutions market was valued ~US$ 6.1 Bn in 2020, and is expected to grow at a CAGR of ~9.2% during the forecast period 2021-2031. Long haul solutions enable smooth network transfer from its time-division multiplexing networks to all-IP networks, accomplishing the rising capacity requirement, while maintaining revenue generation from 3G or 2G services without disruption.
Long haul solutions are a flexible and affordable microwave radio option for high-speed, long-distance communication networks. Network technologies are becoming more widely adopted, potentially opening up new sales prospects for long-distance solutions.
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What is Driving Demand for Long Haul Solutions?
The widespread use of fibre optics for communication is sharply raising the demand for internet and telecommunications services, which is boosting the sales of long-haul solutions. The demand for long haul solutions is being fueled by the quick advancements in global emerging nations’ telecommunications infrastructure.
Long-haul solutions facilitate a smooth transition to all-IP networks, which helps to reduce downtime, increase output, and bridge the digital divide swiftly and affordably. Long haul solutions are in demand globally because they enable colocation providers, over-the-top (OTT) providers, and service providers to link numerous clients to large colocation locations spanning cities and nations.
How Investments in the Telecommunication Infrastructure Impacting Long Haul Solutions Demand
Increase in adoption of optical communication, reduction in capital investment, and rising demand for fast and reliable communication networks, are some key factors augmenting the demand for long haul solutions. The global long haul solutions demand is expanding owing to noteworthy innovations in telecommunication sector and rapid rise in constant developments. Several companies are making significant investments to develop appropriate technology for IT & telecom industry.
Furthermore, the extensive usage of fiber optics communication is rapidly increasing the demand for telecommunication capacity and internet services, which is contributing to the growth of long haul solutions adoption rate. Rapid developments in the telecommunication infrastructure of various emerging economies around the world is supporting the demand for long haul solutions.
North America Demand Outlook for Long Haul Solutions
The North America region has emerged as a major cloud computing hub, and data center, which has ultimately made the region the largest consumer of long haul solutions. With high demand for data communication; robust presence of major companies in the region; increased use of communication devices, such as tablets and smartphones, as well as the increasing deployment of data centers and growing market for wearable devices drive the growth of long haul solutions in this region.
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Who are the Key Long Haul Solutions Providers?
Some of the leading providers of long haul solutions include
- Timbercon, Inc.
- Cisco Systems, Inc.
- Corning Incorporated
- Ceragon
- Juniper Networks
- CenturyLink, Inc.
- OFS Fitel, LLC, among others.
Long-term agreements with business partners are expected to escalate revenue and new innovation strategies, which is likely to enable the providers of long haul solutions to reach new growth markets. Moreover, continuous technological innovations and the acquisition of businesses are also expected to help the providers of long haul solutions create value for their shareholders and to accelerate revenue growth.
Key Segments
By Network Type:
- Point-to-Point Network
- Point-to-Multipoint Network
- Hub Network
- Ring Network
By Enterprise size:
- Small & Medium Enterprises (SMEs)
- Large Enterprises
By Application:
- Enterprise Data Links
- Service Provider Transmission Links & Networks
By Industry:
- IT & Telecom
- Manufacturing
- Government
- Oil & Gas
- Aerospace & Defense
- Mining
- Other
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