“It was a difficult market environment for Microwave Transmission sales in 2020,” said Jimmy Yu, Vice President at Dell’Oro Group. “The pandemic, of course, was the main cause for the market decline, especially in regions of the world that placed strict rules on travel.

“While we correctly identified the overall trajectory of the market going into the year and maintained the positive outlook even as the pandemic intensified and economists adjusted their GDP projections sharply downward,” said Stefan Pongratz, Vice President and analyst with the Dell’Oro Group. “We also need to recognize that we completely underestimated the magnitude and the breadth of the ascent in the fourth quarter and for the full year 2020, reflecting stronger than expected results in multiple regions,” continued Pongratz.

“We remain optimistic about the CBRS opportunity, but we have revised the outlook downward over the near-term to reflect the slower than expected CBRS uptake beyond Part 90Z to Part 96 driven deployments,” said Stefan Pongratz, Vice President and analyst at the Dell’Oro Group.

“We remain optimistic about the CBRS opportunity, but we have revised the outlook downward over the near-term to reflect the slower than expected CBRS uptake beyond Part 90Z to Part 96 driven deployments,” said Stefan Pongratz, Vice President and analyst at the Dell’Oro Group.

“The five-year compounded annual growth rate (CAGR) for MEC is expected to be 141 percent,” stated David Bolan, Research Director at Dell’Oro Group. “In 2020, we saw the first 5G Standalone network deployed with Public MEC and Private MEC at China Mobile. We expected more in 2020, but we are projecting a pick up in 2021 and 2022, albeit, at a slower pace than what we thought in our previous forecast.