The small cell backhaul equipment market will cross $4 billion in 2020, said ABI Research.
The North American, European, and Asia-Pacific regions will all outperform the total market with double-digit growth between 2015 and 2020.
The report said millimeter wave technology is the fastest growing technology, outpacing the overall market with a very high growth through 2020.
Sub 6GHz technology will capture the largest share of small cell backhaul last mile links, outperforming the total market by 2020.
Traditional microwave equipment remains a top technology for small cell backhaul applications with a leading share of revenue and one-fourth share of links in 2020.
“4G / LTE small cell solutions will again drive most of the microwave, millimeter wave, and sub 6GHz backhaul growth in metropolitan, urban, and suburban areas with backhaul for 4G / LTE small cells growing at double-digit rates and surpassing 3G in this year,” said Nick Marshall, research director at ABI Research.