Sub 6GHZ PTP And PTMP Proprietary Solutions Market Worth USD 119,123.3 Million at a CAGR of 27.1 % by 2032- Report by Market Research Future (MRFR)

Sub 6GHZ PTP And PTMP Proprietary Solutions Market is Growing Adoption of Wearable Devices to Boost the global Market Growth

New York, USA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), “Sub 6GHZ PTP And PTMP Proprietary Solutions Market Research Report: Information By Solution Type, By Antenna Technology, By Capacity And Throughput –Market Forecast Till 2032, the market is predicted to reach USD 119,123.3 million at a CAGR of 27.1% during the forecast period.

Sub 6GHZ PTP And PTMP Proprietary Solutions Market Key Players 

Eminent industry players profiled in the global Sub 6GHZ PTP And PTMP Proprietary Solutions market report include

  • Cambium Networks
  • Siklu
  • Mimosa Networks
  • Ceragon Networks Ltd
  • Infinite Wireless
  • Ligowave AG
  • Telrad Networks (Liquid Intelligent Technologies)
  • Proxim wireless
  • Ubiquiti Networks
  • RAD Data Communications
  • Intracom Telecom
  • CableFree
  • Aviat Networks, Inc
  • Redline Communication 

Sub-6GHz PTP and PTMP networks can be dynamically configured and optimized thanks to SDN's centralized control and management of network resources. SDN allows for a programmable architecture that can dynamically adapt to changing network circumstances and requirements by separating the control plane from the data plane.

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Sub 6GHZ PTP And PTMP Proprietary Solutions Market Report Scope:

Report MetricDetails
Revenue Forecast in 2032USD 119,123.3 million
Growth RateCAGR of 27.1% from 2023 to 2032
Base Year2022
Study Period2023-2032
Key Market OpportunitiesEmerging applications in industrial IoT, smart cities, and public safety. Adoption of advanced technologies like massive MIMO and beamforming. 
Key Market DriversIncreasing demand for reliable and high-capacity wireless connectivity 

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Sub 6GHZ PTP And PTMP Proprietary Solutions Market Dynamics

Due to factors such as rising demand for dependable and high-capacity wireless connectivity, the growing need to bridge the digital divide in underserved areas, rapid deployment, and cost-effectiveness compared to wired solutions, the market for 6GHz PTP and PTMP Proprietary solutions is expected to grow significantly over the forecast period. The market for 6GHz PTP and PTMP Proprietary solutions is very competitive, with numerous domestic, regional, and global vendors all vying for a sizeable slice of the pie.

Sub-6GHz PTP and PTMP solutions that incorporate SDN and NFV features allow for service agility and rapid deployment. Organizations may rapidly respond to shifting business needs and roll out brand-new services or features by relying on programmable infrastructure and software-based network operations.

Sub-6GHz Point-to-Point (PTP) and Point-to-Multipoint (PTMP) proprietary systems have seen a substantial shift toward an increased emphasis on network security and encryption solutions. As wireless networks become prevalent and contain increasingly sensitive data, protecting the privacy, security, and reliability of network communications has become an urgent need. Adopting strong security measures and encryption methods aids in providing defense against cyber attacks, data breaches, and illegal access.

In addition, there is a sizable market for proprietary Sub-6GHz Point-to-Point (PTP) and Point-to-Multipoint (PTMP) solutions thanks to the widespread use of cutting-edge technology like massive MIMO (Multiple-Input Multiple-Output) and beamforming. Sub-6GHz solutions may now provide more throughput, better coverage, and more spectral efficiency thanks to advancements in performance, capacity, and efficiency brought about by these technologies.

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Sub 6GHZ PTP And PTMP Proprietary Solutions Market Segmentation 

  • By Solutions- The microwave systems category accounts for 26.6% of the market share, followed by the wireless broadband systems segment at 19.7%.
  • By Antenna Technology- Massive MIMO solutions are expected to increase at the fastest rate during the forecast period. The biggest market share is held by massive MIMO solutions (44.6%), followed by single antenna solutions (30.7%).
  • by capacity and throughput- The demand for medium capacity solutions, as measured, is expected to increase at a significant CAGR during the assessment period. The market share held by medium capacity solutions is 48.5%, while the market share held by low capacity solutions is 29.7%.
  • By Modulation Schemes- 64QAM has the biggest share (41.9% of the total) whereas 16QAM comes in at a distant second (19.4%). Sub-6GHz Point-to-Point (PTP) and Point-to-Multipoint (PmTP) proprietary solutions can benefit from 64QAM (64 Quadrature Amplitude Modulation).
  • By Verticals- With 35.8% of the market share, telecoms and service providers dominate the service provider market, with enterprise and business coming in second with 20.0%. 

COVID-19 Analysis 

The pandemic caused a rise in telecommuting, online education, and telemedicine. Because of this, there was a greater need for wireless internet connection, as more people and businesses were dependent on the internet for day-to-day activities including communicating, collaborating, and gaining access to services. During the pandemic, having access to fast and dependable wireless internet was more important than ever. Suppliers suffered a 5-week delay in shipments to businesses that create hearables as a result of the epidemic and lockdown. Delays in deliveries from major suppliers in China, Europe, the United States, and elsewhere hurt businesses during COVID-19. Problems at the manufacturers and warehouses involved snowballed as a result of the delivery delays. More and diverse strains were placed on the distribution network as the virus spread over the world.

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Regional Analysis 

Due largely to private sector investment and innovation, the American wireless broadband ecosystem has expanded rapidly, and the North American market is one of the fastest increasing market shares. Health information technology (IT) provided by broadband has the potential to improve care and cut costs by hundreds of billions of dollars over the next several decades, but the United States is behind many other industrialized countries in implementing such technology.

Due to rising interest in Point-to-Point and Point-to-Multipoint solutions for use in scenarios as diverse as enterprise access and campus connectivity, the Europe Sub 6ghz PTP AND PTMP Proprietary Solutions market is projected to expand at a CAGR of 24.8% between 2023 and 2032. These Point-to-Multipoint wireless broadband networks serve anywhere from a few dozen users in a single building to tens of thousands over an entire city or region in Europe.

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