Growth of Short Haul Solutions Market Projected to Amplify During 2026
Usage of fiber optic communication in the telecommunications industry can be broadly grouped into two categories such as long haul and short haul networks. This taxonomy is based on whether the optical signal is communicated over long or short distances. Short haul solutions describe a broad range of scenarios, requirements, and technologies. Short haul solutions are not only provides wireless connectivity in the immediate proximity, but also define technologies used to build service access in local areas. Short haul networks use signals that travel from a few meters to more than a few meters. A number of different wireless technologies such as Bluetooth have been developed for very short distances. Short haul solutions usually operate at low bit rates. Some of these short haul technologies have modernized the way everyday business is conducted. For instance, near field communications (NFC) lets a smartphone accomplish the tasks of credit cards and reduce the use of cash. The global short haul solutions market presents significant opportunities. Short range technologies are limited to about 10 m or 30 feet. Several wireless technology users are fairly aware of short haul solutions that links from their daily use of wireless local area networks and also short haul wireless standards for connecting devices such as computers, mobile phones, and even a growing number of Internet of Things sensors. Hence, the global short haul solutions market comprises an array of short haul technologies such as RFID, Wi-Fi, ZigBee, Bluetooth, and others, which scrutinizes major short haul solutions market opportunities in applications such as smart home and healthcare. These factors are expected to boost the growth of the global short haul solutions market during the forecast period (2018–2026).
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Rise in demand for fast and reliable communication networks,
increase in adoption of optical communication, and reduction in capital
investment are the key drivers of the global short haul solutions market. The
global market is driven by the rapid development and innovation in
telecommunication technologies. Companies are making significant investments to
develop innovative telecommunication technologies. The enhanced short haul
solutions offerings for technological platforms such as RFID, near field
communications (NFC), etc. is driving the short haul solutions market. These
developments in short haul solutions have contributed to increase in the
deployment of the high-volume data transmission systems. Issues regarding
capacity and latency of networking solutions is a key restraint of the global
short haul solutions market. Technological developments and rise in demand for
short haul solutions are expected to propel the global market.
The global short haul solutions market can be segmented
based on enterprise size, application, industry, and region. In terms of
enterprise size, the market can be classified into large enterprises and small
& medium enterprises (SMEs). Based on application, the global short haul
solutions market can be segregated into infrared, RFID, near field
communications (NFC), and healthcare. The near field communications (NFC)
segment can be bifurcated into purchases and transactions. The healthcare segment
can be divided into sensors, security, mHealth, and remote monitoring. In
terms of industry, the market can be categorized into telecom, manufacturing,
government, oil & gas, aerospace & defense, and mining. In terms of
region, the global short haul solutions market can be segmented into North
America, Europe, Middle East & Africa, Asia Pacific, and South America.
North America and Europe are likely to account for prominent shares of the
market during the forecast period. Asia Pacific is an emerging market due to
high penetration of short haul communications.
Key players operating in the global short haul solutions
market include Cisco Systems, Inc., Timbercon, Inc., Ceragon, CenturyLink,
Inc., Juniper Networks, and Corning Incorporated.
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