Dell’Oro Group in its report expects the global microwave transmission market to witness significant growth in the coming years, thanks to the expansive expansion of 5G seen in 2021, with a consistent pace thereafter. He said that the characteristic is that it is expanding.
The forecast indicates that this growth cycle will extend for at least another two years, resulting in a five-year rise in the microwave transmission market. During this period, the microwave transmission market is expected to increase annual revenue by 22%, with cumulative revenues reaching nearly $17 billion. Several factors contribute to these optimistic forecasts, including:
Continued customer demand for increased bandwidth is expected to drive the need for higher link capacity and sharply increase the adoption of E/V band systems.
An increase in the number of carriers per cell site is expected.
In addition, European market revenues, which were significantly reduced in 2022 and 2023 due to the Russia/Ukraine war, unfavorable exchange rates and macroeconomic uncertainties, will recover. Additionally, India’s strategic investments in microwave transmission during 2023 are highlighted, with expenditures expected to reduce in 2024 following a strong early push in 5G deployment.
Dell’Oro Group believes that the global push to expand rural broadband internet, driven by government initiatives around the world, is a key driver stimulating additional demand for microwave systems beyond mobile backhaul. said in “Five Years of Microwave Transmission and Mobile Backhaul Transportation.” ‘Forecast’ report covering the period 2023 to 2028.
However, this report does not shy away from addressing market challenges. Recognizing the cyclical nature of the microwave transmission market, we expect revenues to contract or decline after five years of expansion. Revenues are expected to trend downward until the next growth cycle driven by 6G technology begins.
Additionally, the report states that, similar to previous mobile generations, operators will prioritize installing new 6G sites with fiber connectivity before turning to sites that rely on wireless systems for backhaul. I’m emphasizing. As a result, the next growth cycle for microwave transmission may not materialize until 2030, leading to a corresponding five-year market contraction.