Microwave backhaul market driven by 5G/LTE

August 30, 2021 // By Jean-Pierre Joosting
Microwave backaul market driven by 5G/LTE
Report finds that the microwave transmission equipment revenue grew 11 percent in the first half of 2021, with revenue from mobile backhaul growing 16 percent.

According to a new report from Dell'Oro Group demand for microwave transmission equipment grew 11 percent year-over-year in the first half of 2021 driven by LTE and 5G. In that period, microwave revenue from mobile backhaul application grew 16 percent.

"The microwave transmission market is recovering from the decline caused by the spread of COVID-19 as evidenced by the strong growth in the first half of 2021," stated Jimmy Yu, Vice President at Dell'Oro Group. "Almost all of the vendors in this industry are benefiting from the improving mobile backhaul market, especially the top vendors. Since demand is rising, each vendor's performance this year will come down to how well they navigate the supply issues created by the pandemic and semiconductor shortages," added Yu.

All regions contributed to the positive market growth this quarter with the exception of Latin America. Latin America declined year-over-year for a ninth consecutive quarter, shrinking to its lowest quarterly revenue level that we have on record.

The top three vendors in the quarter continued to be Huawei, Ericsson, and Nokia. In 2Q 2021, Huawei regained most of the market share lost in the previous quarter and returned to holding a 10 percentage point lead over Ericsson.

E/V Band revenue growth remained positive for another consecutive quarter and held its double-digit year-over-year growth rate.

www.delloro.com


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