Dell'Oro Group Predicts Growth in 5G Backhaul Equipment5G Mobile Backhaul Transport Equipment Revenue Will Reach $3 Billion by 2024, According to Dell’Oro GroupAccording to a newly published report by Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, 5G mobile backhaul transport equipment revenue will reach $3 billion by 2024. Demand for 5G backhaul is expected to drive multiple years of growth for the total mobile backhaul transport market for the next few years. “We anticipate the Mobile Backhaul Transport market to return to a period of growth as operators roll out 5G,” said Jimmy Yu, Vice President at Dell’Oro Group. “Hence, we are predicting that demand for backhaul equipment will grow at an average annual rate of four percent for the next four years, surpassing $5 billion annually. We suspect this demand will mostly further the sales of fiber backhaul equipment initially, but in the long term, there will be a growing share of new deployments using wireless backhaul,” Yu added. Highlights from the Microwave Transmission & Mobile Backhaul 5-Year Forecast Report:
Source: Dell’Oro Group media announcement |