While flat quarter-over-quarter in 3Q12, the worldwide microwave equipment market is down 4 percent from the year-ago 3rd quarter, to $1.24 billion, weighed down by flagging sales of TDM and dual TDM/Ethernet microwave equipment.
Meanwhile, the Ethernet microwave equipment segment is up 5 percent year-over-year and is forecast by Infonetics to grow at a 38 percent CAGR from 2011 to 2016.
In 3Q12, backhaul equipment made up 85 percent of total microwave revenue.
EMEA (Europe, the Middle East and Africa) accounted for the highest regional proportion of microwave revenue, ahead of Asia Pacific, North America, and Latin America.
Richard Webb, directing analyst for microwave, mobile offload, and mobile broadband devices at Infonetics Research, said: “Current trends will continue, with TDM microwave equipment declining precipitously; the large dual-mode TDM/Ethernet microwave segment waning as well but at a much slower rate; and Ethernet-only microwave equipment surging year after year, powered by sustained mobile macrocell backhaul demand.”