Microwave Transmission Equipment Market Declined 14 Percent Y/Y in First Half 2020, According to Dell’Oro Group
|Most of the decline in the Microwave Transmission market was due to lockdowns instituted by governments to stop the spread of COVID-19,” stated Jimmy Yu, Vice President at Dell’Oro Group. “As a result of these national lockdowns, microwave manufacturers often faced difficulties in obtaining components, shipping products to customers, installing equipment, and obtaining permits and licenses. We believe with fewer lockdowns in second half of 2020, the demand for microwave gear will improve,” continued Yu.
RAN Market Growth Accelerated in 1H20, According to Dell’Oro Group
|Initial findings suggest that we correctly assumed that the importance of connectivity in combination with the on-going 5G rollouts by the early adopters would be enough to offset weaker developments in the less advanced MBB markets resulting in a RAN market that appears disconnected from the underlying economy,” said Stefan Pongratz, Vice President with the Dell’Oro Group.
New Technologies Expected to Drive Service Provider Router Market Past $15 Billion in 2024
|The COVID-19 pandemic led to a major reset of our forecast assumptions and market growth profile for the next five years. For the short term through 2020, market growth will be suppressed due to supply and human resource constraints, as well as weakened macroeconomic conditions. Over the longer term, from 2021 through 2024, we expect the technology and use case drivers of our prior forecasts to remain largely intact and drive annual growth.
Network Security and ADC Market to Grow 6 Percent CAGR from 2019 to 2024
|The Network Security and Data Center Appliance market, consisting of the Firewall, Content Security, Intrusion Detection System and Intrusion Prevention System (IDS and IPS), and Application Delivery Controller (ADC) markets, is forecasted to grow at 6% five-year CAGR and go from $14 B in 2019 to $19 B in 2024. Growth at 6% is slightly weaker than the typical high single-digit pattern we have seen over the last decade, but considering the ongoing COVID-19 pandemic is explicable. Several of the key takeaways from our forecast report include:
Spending on Data Center Switches to Grow at a 4% CAGR from 2019 to 2024, Despite the Pandemic
|Dell’Oro Group published an update to its Data Center switch market five-year forecast report. The report shows that the data center switch market is expected to grow at a 4% CAGR from 2019 to 2024, approaching $17 B by the end of our forecast period. Despite the COVID-19 pandemic, our revised forecast of 4% CAGR shows only a slight downward adjustment from our prior January forecast of 5%.
