REDWOOD CITY, Calif., Jan. 25, 2017 /PRNewswire/ -- According to a newly published report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, E/V band systems are forecast to be a bright spot for the Microwave Transmission market, expected to rise at a 15 percent compounded annual growth rate (CAGR) through 2021. The overall Microwave Transmission market is forecast to be relatively flat with a one percent CAGR.
"Demand growth for microwave transmission equipment will be challenged during the next five years," said Jimmy Yu, Vice President at Dell'Oro Group. "We anticipate a number of positive areas such as rising demand for E/V band systems, higher deployment levels in India, and increasing use of smaller full outdoor units. However, we don't think these areas of growth will be enough to offset the underlying decline in mobile backhaul over the next couple years. Absolute market growth is expected to occur when operators begin to upgrade their backhaul links to accommodate 5G sometime near 2019 using equipment such as E/V band millimeter wave systems," Yu added.