The Dell'Oro Group, a renowned provider of market information in the telecommunications, security, networks, and data center sectors, has released a new report indicating that the microwave transmission equipment market is projected to experience 5 percent growth in 2023. Demand for E-band systems, which are capable of transmitting data at rates up to 20 Gbps, is expected to dramatically increase this year. E/V Band shipment volumes are predicted to grow 35 percent year-over-year.
“Microwave transmission equipment demand is in a growth cycle due to 5G,” stated Jimmy Yu, Vice President at Dell’Oro Group. “This growth cycle began in 2021 and is expected to drive increasing demand for microwave equipment for many more years. Among the wireless backhaul technologies, E-band systems are positioned to benefit the most since these products can easily meet the requirements for 5G backhaul,” added Yu.
Highlights from the 1Q 2023 Microwave Transmission and Mobile Backhaul Quarterly Report:
Click here to learn more about the microwave transmission equipment market.
