Telecom Lead Asia: Aviat Networks, Ericsson, Fujitsu and Huawei will challenge BridgeWave’s lead in the millimeter wave equipment market in 2013.
Infonetics Research says millimeter wave equipment space is expected to see changes in market share in 2013 as Aviat Networks, Ericsson, Fujitsu, and Huawei launch new millimeter wave products.
At present, BridgeWave is the market leader, capturing just under a third of total millimeter wave revenue in 2012.
Infonetics expects the global millimeter wave equipment market to grow to just under $600 million by 2017.
The market is on track to more than double this year, followed by continued healthy growth going forward, powered by the increased use of millimeter wave for LTE macrocell backhaul and small cells—most of which use the unlicensed 60 GHz band.
In the early years of the millimeter wave market, most deployments were for access-based applications for enterprise and fixed operator customers, whereas mobile backhaul is now and will remain the predominant driver of the market going forward.
According to a report available in ReportsnReports.com, the global millimeter wave technology revenue market is expected to reach $116 million by end of 2013 and is expected to grow to cross $1.1 billion in 2018 at a CAGR of 59.1 percent.
Similarly volumes are estimated to grow from 11.8 thousand units to more than 360 thousand units in 2018. This growth is heralded by the expected by the growing telecom application market for millimeter wave technology especially in the small cell backhaul field.
“An increasing number of mobile operators are deploying millimeter wave to augment their existing microwave macrocell backhaul deployments,” said Richard Webb, directing analyst for microwave and carrier WiFi at Infonetics Research.
TechNavio’s analysts forecast the Global Millimeter Wave Equipment market to grow at a CAGR of 66.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing need for high-capacity mobile backhaul solutions.
The Global Millimeter Wave Equipment market has also been witnessing the increasing popularity of gigabit-per-second wireless equipment. However, the range barrier in millimeter wave equipment could pose a challenge to the growth of this market.
