Sub-6GHz PTP & PTMP Wireless Broadband Market Trends [2031]

Report Description

Sub-6GHz PTP & PTMP Wireless Broadband Market Outlook:

The global Sub-6GHz PTP & PTMP Wireless Broadband Market was valued at USD 4,252.9 million in 2022 and is projected to reach USD 18,875.8 million by 2031, expanding at a CAGR of 17.3 % during the forecast period.

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. These systems are commonly used for providing broadband connectivity in both PTP and PTMP configurations.

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PTP systems connect two nodes directly, such as two buildings or towers, while PTMP systems connect one node to multiple nodes, such as a base station, to multiple locations, such as subscribers or devices.

Sub-6 GHz PTP & PTMP wireless broadband can offer high-speed data transmission, long-range coverage, and interference mitigation, depending on the frequency band, modulation scheme, and antenna design. These systems can provide high-speed broadband access for various applications, such as internet service providers (ISPs), smart cities, cable operators, and others.

Macro-Economic Factors

5G Infrastructure

5G infrastructure is the backbone of the next generation wireless communication. This factor contributes to the growth of the sub-6 GHz PTP and PTMP wireless broadband market. Governments of several countries promote 5G infrastructure.

For instance, the US government is collaborating with the business sector to improve and secure 5G, investigate technology and spectrum-based solutions, and build the framework for innovations beyond next-generation advancements. It provides funding and incentives for R&D, testing, and deployment of 5G.

Furthermore, India is leading the way in the deployment of 5G infrastructure. As of February 2023, telecom companies in India launched 5G in 387 districts. India intends to attain 100% coverage by the end of 2024. Government of South Korea has pioneered the implementation of 5G technology through the 5G+ Strategy and the New Deal 2.0 - Digital New Deal.

Globalization

Globalization led to the rapid expansion of internet connectivity globally. Demand for sub-6 GHz PTP & PTMP wireless broadband increased, as several areas and countries became connected. These devices allow users to access high-speed wireless internet over long distances. Globalization has created opportunities for broadband manufacturers to reach customers in different parts of the world.

The rapid pace of globalization has accelerated technological progress, particularly developments in network infrastructure and wireless communication technologies. These advances have allowed for rapid and reliable internet connections, enhancing the performance of wireless broadband, and making them appealing to consumers.

Manufacturers are able to source components and assemble devices in different countries to optimize costs and take advantage of expertise, due to globalization as well as benefits from the global supply chain.

Sub-6GHz PTP & PTMP Wireless Broadband Market Dynamics

Market Driver- Rapid Urbanization and Digitalization

The demand for high-speed efficient and reliable wireless internet connectivity increases with the growth of urban areas and populations. Sub-6 GHz PTP and PTMP wireless broadband provide high-speed wireless access and low-latency applications in various sectors such as education, healthcare, entertainment, and transportation.

Moreover, increasing digitization is altering the environment with improved network infrastructure. The Internet has become an indispensable aspect of daily life and business. The necessity for improved network infrastructure is boosting the global demand for sub-6 GHz PTP & PTMP wireless broadband, owing to the increasing internet users across the globe.

For instance, the total number of internet users is projected to increase from 3.9 billion in 2018 to 5.3 billion by 2023 globally, at a CAGR of 6% during the forecast period. There is a growing need for high-speed and reliable internet connectivity, with the rise in digital content consumption, cloud services, video streaming, cloud services, and online gaming.

Broadband solutions provide a cost-effective and efficient way to deliver high-speed internet access in both urban and rural areas. Therefore, rapid urbanization and digitization are driving the demand for sub-6 GHz PTP and PTMP wireless broadband, as they create new use cases and applications that require high-speed wireless access and low-latency communication.

Market Driver- 5G Penetration

Sub-6 GHz frequencies are used for 5G wireless networks, as 5G continues to roll out globally, it creates opportunities for PTP and PTMP wireless broadband providers to leverage the same infrastructure to deliver high-speed internet connectivity. The increasing demand for 5G services, including fixed wireless access (FWA), drives the need for sub-6 PTP and PTMP solutions.

5G penetration increases the demand for wireless backhaul solutions that connect 5G base stations to the core network. Sub-6 GHz PTP and PTMP wireless broadband offer cost-effective and flexible solutions for wireless backhaul, especially in areas where fiber deployment is challenging or expensive.

5G penetration enables new use cases and applications that require high bandwidth and low latency, such as augmented reality, virtual reality, connected autonomous vehicles, and smart manufacturing. 5G penetration creates new spectrum opportunities in the sub-6 GHz bands, such as C-band (3.4-4.2 GHz), CBRS (3.55-3.7 GHz), and 6 GHz (5.925-7.125 GHz), which offer additional capacity and flexibility for wireless broadband.

Sub-6 GHz PTP and PTMP wireless broadband can leverage these new spectrum bands to provide efficient and reliable wireless connectivity for various applications. Therefore, 5G penetration is a driving factor for sub-6 GHz PTP and PTMP wireless broadband, as it creates the demand for wireless connectivity and additional opportunities for spectrum utilization.

Market Restraint- Regulatory Constraints

Sub-6 GHz frequencies are often subject to licensing and regulation by different authorities, which limit the availability and flexibility of the spectrum. For instance, some countries have different rules for allocating and sharing sub-6 GHz spectrum among different users and services, such as mobile operators, satellite providers, public safety agencies, and others. This creates challenges for sub-6 GHz PTP and PTMP wireless broadband deployment and operation.

In the Middle East & Africa (MEA) countries such as Saudi Arabia have the Communications and Information Technology Commission (CITC), which manages spectrum allocations and licensing. In Africa, the Independent Communications Authority of South Africa (ICASA) regulates spectrum allocation and licensing. 

Moreover, in Latin America, regulatory agencies such as the National Telecommunications Agency (ANALTEL) in Brazil and the Federal Telecommunications Institute (FTI) in Mexico are responsible for managing spectrum allocation.

Market Opportunity- Emergence of Advanced Technologies

The emergence of advanced technologies, such as cloud computing, IoT, and 5G, are expected to create lucrative opportunities for sub-6 GHz PTP and PTMP wireless broadband during the forecast period, by enabling new applications, services, and business models that require high-speed, low-latency, and reliable data transmission over long distances.

Cloud computing offer sub-6 GHz PTP and PTMP wireless broadband with scalable, flexible, and cost-effective computing and storage resources as well as enable cloud-based applications and services. For instance, sub-6 GHz PTP and PTMP wireless broadband are used to connect remote users and devices to cloud servers and platforms, such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform (GCP), and others to access various cloud services, such as software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS), and others.

Sub-6 GHz PTP and PTMP wireless broadband is also be used to support cloud-native applications and architectures, such as microservices, containers, serverless computing, and others that can improve the scalability, performance, and efficiency of the network.

Furthermore, the Internet of Things (IoT) can connect sub-6 GHz PTP and PTMP wireless broadband with a large number of heterogeneous devices and sensors that collect, transmit, and process data for various purposes such as smart cities, smart homes, smart agriculture, smart health care, and others.

For instance, sub-6 GHz PTP and PTMP wireless broadband can be used to provide connectivity for IoT devices that require long-range communication and low-power consumption such as smart meters, smart lighting, smart parking, and others. Sub-6 GHz PTP and PTMP wireless broadband can also be used to enable IoT applications that require high data rates and low latency, such as video surveillance, augmented reality (AR), virtual reality (VR), and others.

Scope of Sub-6GHz PTP & PTMP Wireless Broadband Market Report

The report on the global Sub-6GHz PTP & PTMP Wireless Broadband Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Sub-6GHz PTP & PTMP Wireless Broadband Market Segmental Outlook

The global Sub-6GHz PTP & PTMP Wireless Broadband Market is segmented on the basis of Product, RF Band, Application, Industry Vertical, Distribution Channel, and region.

In terms of product, the Sub-6GHz PTP & PTMP Wireless Broadband Market is segmented into PTP, PTMP. The PTMP segment is expected to dominate the market in 2022, due to its ability to cover large areas with limited base stations, making it suitable for serving rural or underserved areas.

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On the basis of RF band, the Sub-6GHz PTP & PTMP Wireless Broadband market is segmented into (UHF Band (<1GHz), L Band (1 to 2 GHz), S Band (2 to 4 GHz), C Band (4 to 8 GHz).

The L band (1 to 2 GHz) segment is expected to hold a substantial share of the market, owing to the growing need for efficient spectrum with the increasing demand for wireless broadband services. Governments and regulatory bodies are working to allocate and manage the L band spectrum to ensure optimal usage and minimize interference.

Based on the application, the Sub-6GHz PTP & PTMP Wireless Broadband market is segmented into Internet Service Providers (ISPs), Video Surveillance & Security, Industrial Automation, Remote Monitoring and Telemetry, and Others.

The Remote Monitoring and Telemetry segment is expected to hold a substantial share of the market, owing to the increasing use of Remote Monitoring and Telemetry in smart grids, smart cities, environmental monitoring, agriculture, and healthcare.

In terms of Industry Vertical, the Sub-6GHz PTP & PTMP Wireless Broadband Market is segmented into IT & Telecom, Manufacturing, Oil & Gas, Transportation & Utilities, Others. The IT & Telecom segment is expected to dominate the market in 2022, due to high-speed connectivity provided by wireless broadband for various applications in the IT & Telecom Industry.

On the basis of Distribution Channel, the Sub-6GHz PTP & PTMP Wireless Broadband market is segmented into online and offline. The offline segment is expected to hold a substantial share of the market, as offline distribution channels provide customers with a physical location to purchase products, and helps customers with product selection, purchase, and after-sale services.

Regional Outlook

Based on regions, the Sub-6GHz PTP & PTMP Wireless Broadband Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific is growing at a rapid pace during the forecast period.

The region is expected to continue its dominance in the coming years, owing to rapid technological improvements combined with increased spending in research and development (R&D) in the Asia Pacific driving the market in the region.

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 Key Benefits for Industry Participants & Stakeholders

• In-depth Analysis of the global Sub-6GHz PTP & PTMP Wireless Broadband Market

• Historical, Current, and Projected Market Size in terms of Value and Volume

• Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

• Industry Drivers, Restraints, and Opportunities Covered in the Study

• Recent Industry Trends and Developments

• Competitive Landscape & Strategies of Key Players

• Neutral Perspective on Global Sub-6GHz PTP & PTMP Wireless Broadband Market