Global Microwave Radio Market 2024-2028

Global Microwave Radio Market 2024-2028

Global Microwave Radio Market 2024-2028

The microwave radio market is forecasted to grow by USD 35150.3 mn during 2023-2028, accelerating at a CAGR of 23.31% during the forecast period. The report on the microwave radio market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for point-to-point communication networks, growing interest in wireless backhaul technology, and growing demand for connectivity in rural and remote areas.

Technavio's microwave radio market is segmented as below:

• By Type
• Hybrid microwave radio
• Packet microwave radio
• TDM microwave radio
• By Application
• Communication
• Power utilities
• Others
• By Geographical Landscape
• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the increasing adoption of 5G technology as one of the prime reasons driving the microwave radio market growth during the next few years. Also, advancements in microwave radio technology and growing application of microwave radio technology in critical infrastructure will lead to sizable demand in the market.

The report on the microwave radio market covers the following areas:

• Microwave radio market sizing
• Microwave radio market forecast
• Microwave radio market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microwave radio market vendors that include Aviat Networks Inc., Axxcss Wireless Solutions Inc., Cambium Networks Corp., Ceragon Networks Ltd., Comba Telecom Systems Holdings Ltd., Curvalux UK Ltd., DragonWave X, Extreme Networks Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Intracom SA Telecommunications Solutions, NEC Corp., Netgear Inc., Nokia Corp., Proxim Wireless Corp., RAD Data Communications Ltd., SIAE MICROELETTRONICA Spa, Telefonaktiebolaget LM Ericsson, Ubiquiti Inc., and ZTE Corp.. Also, the microwave radio market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.