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, according to a new report from Dell’Oro Group.
Highlights from the Microwave Transmission & Mobile Backhaul 5-Year Forecast Report:
- Over 50 percent of Mobile Backhaul Transport revenue and over 35 percent of Microwave Transmission revenue will be from equipment deployed in 5G networks by 2024.
- 5G is also expected to drive the use of transport systems to increase the span between mobile radios and baseband units. As such, we forecast a strong adoption of Mobile Fronthaul during the forecast period.