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 is a multipurpose and cost-effective microwave radio solution for long-distance and high-capacity telecommunication networks. The proliferating penetration of network technologies is creating potential opportunities for the growth of the long haul solutions sales.
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What is Driving Demand for Long Haul Solutions?
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 sales. Rapid developments in the telecommunication infrastructure of various emerging economies around the world is supporting the demand for long haul solutions.
Long haul solutions helps minimize downtime and enhance production and also aids to bridge the digital gap cost effectively and quickly by enabling smooth migration to all-IP networks. With long haul solutions, colocation providers, over-the-top (OTT) providers, and service providers connect various customers to large colocation sites through cities and countries, thereby fueling the demand for long haul solutions across geographies.
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.
Moreover, factors contributing to the growth of long haul solutions is that it offers excellent operations, administration, maintenance, and provisioning capabilities as well as enhanced solutions for multiplexing circuit-switched low-speed streams.
India Long Haul Solutions Growth Scenario
Advances in technology to improve bandwidth and reduction in attenuation rate have created numerous opportunities for long haul solutions sales. High penetration of the technology in the manufacturing sector and expanding the IT and telecom sectors across the country are strengthening the long haul solutions demand. Moreover, the increasing application of fiber networks is catapulting growth across the nation, thus propelling the overall demand at a significant pace.
Additionally, operators from emerging economies, such as India, have been actively investing in optical fiber and related technologies, to meet the set standards. For instance, main drivers for the increase in deployment of long haul solutions in India are enhanced fiber-to-the-home (FTTH) deployments and increased 4G deployments in Tier-1 and Tier-2 cities by ISPs, MSO providers, and telecom operators.
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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.
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
- Juniper Networks
- CenturyLink, Inc.
- OFS Fitel, LLC, among others.
By Network Type:
- Point-to-Point Network
- Point-to-Multipoint Network
- Hub Network
- Ring Network
By Enterprise size:
- Small & Medium Enterprises (SMEs)
- Large Enterprises
- Enterprise Data Links
- Service Provider Transmission Links & Networks
- IT & Telecom
- Oil & Gas
- Aerospace & Defense
- North America
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.