CAGR Value :
The global microwave radio market size was valued at USD 20.1 billion in 2024. The market is projected to grow from USD 24.3 billion in 2025 to USD 75.04 billion by 2032, exhibiting a CAGR of 21.2% during the forecast period.
Report Studies :
Microwave radios are point-to-point communication systems that transmit information between two devices using electromagnetic waves within the frequency spectrum of 1 GHz to 300 GHz. These systems utilize highly directional antennas to focus narrow beams, enabling high-capacity data links over long distances. Key product segments include Hybrid Microwave Radio, Packet Microwave Radio, and TDM Microwave Radio.
By Types :
Hybrid Microwave Radio
Packet Microwave Radio
TDM Microwave Radio
By Applications :
Communication
Power Utilities
Others
Key Industry Players
• Ericsson
• Huawei Technologies
• NEC Corporation
• Nokia (incorporating Alcatel-Lucent assets)
• ZTE Corporation
• Aviat Networks
• Ceragon Networks
• SIAE MICROELETTRONICA
• Intracom Telecom
• Fujitsu
• Exalt Communications (a CommScope company)
• Microwave Networks Inc.
• Elva-1
• RADWIN
• Proxim Wireless