According to a recent market study published by Growth Market Reports, titled, “Global Sub-6GHz PTP & PTMP Wireless Broadband Market by Product, by RF Band, by Application, by Industry Vertical, by Distribution Channel, by Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at USD 4,252.9 Million in 2022 and is expected to grow at a moderate growth rate of 17.3% by the year 2031.

As per Growth Market Reports industry analyst Akash Vedpathak, “Global Sub-6GHz PTP & PTMP Wireless Broadband Market is anticipated to witness significant growth during the forecast period 2023-2031. Sub-6 GHz PTP & PTMP wireless broadband refers to wireless communication systems that operate in the frequency range below 6 GHz and use point-to-point (PTP) or point-to-multipoint (PTMP) architectures. Sub-6 GHz Wireless broadband can propagate over long distances and penetrate obstacles such as trees and buildings. Sub-6 GHz wireless equipment is typically less expensive as compared to high frequency choices. Sub-6 GHz network infrastructure deployment is easy and inexpensive.

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Key factors that are anticipated to fuel the demand for the global Sub-6GHz PTP & PTMP Wireless Broadband market during the forecast period are rapid urbanization and digitalization, 5G penetration, and rising demand from various industries. Conversely, regulatory constraints and hardware complexity may hamper the market growth of the Sub-6GHz PTP & PTMP Wireless Broadband market. Emergence of advanced technologies create opportunities in the market.

Supply chain management is a pivotal part of any business. A supply chain involves a series of steps to get Sub-6GHz PTP & PTMP Wireless Broadband, products, sizes, and distribution from their primary state to customers. These steps include development, engagement with customers, and delivering and supporting the Sub-6GHz PTP & PTMP Wireless Broadband. Entities in the supply chain include raw material/component suppliers, manufacturers, finance, distributors, and customers.

The primary, as well as secondary research methodology, is used for keen observation and study about Sub-6GHz PTP & PTMP Wireless Broadband market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews conducted with the stakeholders across industry verticals on regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments. Validation of the estimated market size, current and future trends done from the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess the experience of around 10-20 years in the industry. On the other-hand the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights and other KPIs. Company websites, their SEC filings, annual reports, broker & financial reports and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases analyzed for macro & micro analysis. Research publications and paid data referred to obtain and validate the market estimations, budget, expenditure and other statistical insights.

The outbreak of COVID-19 significantly affected the electronics and semiconductor industry. Business and manufacturing units across various countries were closed, owing to an increase in the number of COVID-19 cases. Furthermore, the complete or partial lockdown impacted the global supply chain, making it difficult for manufacturers to reach their customers. On the supply side, the pandemic exposed risks that were previously unrecognized, which led to potential shortages of networking cables.

The pandemic had a significant impact on various aspects of human lives, including sub-6GHz PTP & PTMP wireless broadband. It brought both opportunities and challenges for the market. The adverse impact was eventually mitigated by increased digitization and massive internet penetration. The culture of remote working, remote learning, and online gaming & entertainment rose, due to lockdowns and social distancing measures. The demand for high-quality audio, video, and data transmission increased rapidly, as majority of the companies allowed their employees to work from home. Governments across the globe implemented precautionary measures that forced people to stay at home, which increased the demand for fast internet connectivity. Many individuals and households relied on these devices to create a wireless internet connection using cellular data that allow them to access the internet from anywhere. The increased demand for sub-6GHz PTP & PTMP wireless broadband was driven by the need for reliable internet connectivity outside of traditional office or educational settings.

Key Takeaways from the Study:

  • In terms of Product, the PTMP segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • Based on the RF Band, the L band (1 to 2 GHz) segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • On the basis of Application, the Remote Monitoring and Telemetry segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • In terms of Industry Vertical, the IT & Telecom segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

  • Based on the Distribution Channel, the Offline segment accounted for a substantial share of the market in 2022 and is expected to expand at a substantial CAGR during the forecast period.

Report Scope:

Report Metric

Details

Market Value in 2022

US$ 4,252.9 Million

Market Growth Rate (from 2016 to 2031)

17.3%

Historical Data

2016-2021

Base Year

2022

Forecast Period

2023 – 2031

Units Considered

Value (USD Million)

Market Segments

By Product, By RF Band, By Application, by Industry Vertical, by Distribution Channel, By Region

Key Companies Profiled

Ubiquiti Inc., Ceragon Networks Ltd., CAMBIUM NETWORKS CORPORATION, SIA Mikrotīkls, RADWIN, Mimosa Networks, Inc., Infinet Wireless, Ligowave, IgniteNet, RK Telesystem Private Limited ( RKTPL)

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

 

Target Audience:

  • Supply-side: Manufacturers, Raw Material/Component Suppliers, and Distributors

  • Demand Side: Government Agencies, Consulting Firms, Private Research and Development Firms, Equity Firms, and Investment Firms.