Market Consolidating to Top Six Manufacturers
REDWOOD CITY, Calif. – February 24, 2026 – According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, point-to-point Microwave Transmission equipment revenue ended 2025 on a flat note after posting growth in the first half of the year. The vendor landscape continued to evolve in 2025, with more revenue consolidating into the top six vendors.
“The point-to-point microwave transmission equipment market started off strong at the beginning of the year, but steadily weakened as the year progressed,” stated Jimmy Yu, Vice President at Dell’Oro Group. “Entering the year, we were predicting that the market would increase slightly, driven by growth in emerging markets where wireless backhaul is a critical technology for connecting mobile base stations to operators’ networks. However, the year ended down one percent as demand in India and Latin America faltered. We believe the fundamentals underlying the market condition remain in place, and, therefore, still believe the demand for microwave transmission equipment will grow through 2027, after which time, 5G network deployments should peak,” added Yu.
Additional highlights from the 4Q 2025 Microwave Transmission & Mobile Backhaul Quarterly Report:
- The vendor landscape changed slightly between 2024 and 2025. ZTE and Aviat gained positions, while Ceragon lost two positions in the revenue share ranking.
- The market continued to consolidate with the top six vendors continuing to increase their combined share count. In 2025, the top six microwave transmission equipment manufacturers increased their combined revenue share from 85 percent to 87 percent.
- The use of microwave transmission gear increased in mobile backhaul during the year, driven by both 4G and 5G mobile radio network deployments. The vertical markets that include private networks and mission-critical enterprises declined, more than offsetting that growth.
The Dell’Oro Group Microwave Transmission & Mobile Backhaul Quarterly Report offers complete, in-depth coverage of the market with tables covering manufacturers’ revenue, ports/radio transceivers shipped, and average selling prices by capacities (low, high, and E/V Band). The report tracks point-to-point TDM, Packet, and Hybrid Microwave as well as full indoor and full outdoor unit configurations. To purchase this report, please contact dgsales@delloro.com
Dell’Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise networks, and data center infrastructure markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell’Oro Group at +1.650.622.9400 or visit https://www.delloro.com.
