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Europe is expected to be the second largest region in the mobile and wireless backhaul market during the estimated period and is growing at 14.05% of CAGR in the coming years. The market was valued at $ 4277 million in 2017 and is evolving to $ 13880 million by 2026. Growing 4G subscription is expected to boost the growth of the market in the European nation.
The Europe mobile wireless backhauls market encompasses countries like France, Germany, Spain, Italy, UK, and rest of Europe. Amongst all, UK is the most significant country in the Europe mobile wireless backhauls market with the largest share of 21.60% in the year 2016, owing to the increased demand for the new wireless networking technology in the country. Germany is the fastest growing country in the mobile wireless backhauls market in the Europe region.
Players that lead the market include Tellabs, Inc. (Acquired by Marlin Equity Partner), Ericsson, Brocade Communications Systems Inc., Broadcom Corporation (Acquired By Avago), Nokia Networks (Acquired By Nokia Corporation), Huawei Technologies Co. Ltd, CBNL (Cambridge Broadband Networks), Cisco Systems, Inc., Verizon, Bridgewave, ZTE Corporation, and AT&T.