PETACH TIKVA, Israel--(BUSINESS WIRE)--With sales of its EtherHaul system seeing double-digit growth in 2014, Siklu continues to lead the rapidly growing millimeter wave connectivity market. Growth in 2014 was characterized by increased demand for bandwidth in core operator and service provider markets.
The company announced today that it sold more than 10,000 EtherHaul units in 2014, representing more than 50 percent year-over-year growth. The strong growth in 2014 was characterized by increased demand for bandwidth in core operator and service provider markets. Millimeter waves are also seeing greater adoption in new markets that require high capacity connectivity on the street as well as on rooftops. Sales expanded from traditional operator and service provider networks to security networks, smart city networks, and gigabit-to-the-home providers.
Siklu has achieved its industry leadership with its groundbreaking all-silicon technology, which lowered costs and prices and enabled mass market millimeter wave adoption. More than 23,000 EtherHaul units are already deployed worldwide, in all climates, making them the most field-proven in the industry.
Sky Light Research expects 2015 to be a year of triple-digit growth for millimeter waves as the adoption of high-capacity 60 GHz radios into new market segments starts to ramp. “Siklu, a leading pioneer in the market, has an attractive 60 and 70/80 GHz offering which should continue to serve them well in capturing market share,” said Emmy Johnson, Founder and Principal Analyst at Sky Light Research.
“Last year, we introduced the revolutionary EtherHaul-600T, which offers gigabit capacity on the street in the smallest form factor on the market. It provides advanced networking, high capacity, and reliability at a compelling price. This innovation has opened up new markets for millimeter wave connectivity,” said Siklu’s CEO, Itzik Ben-Bassat.
“We expect rapid growth in the coming year with 60 GHz deployments on the street complementing 70/80 GHz backhaul and aggregation. We plan to continue our rapid innovation cycles for these new market segments, delivering increased value at a compelling price.”
Siklu will be at Mobile World Congress in Barcelona March 1-3, in the IMA Pavillion, Hall 2, Stand 2D50.
Siklu delivers gigabit capacity millimeter wave wireless backhaul solutions operating in the 60, 70 and 80 GHz bands. The top choice of tier-1 operators worldwide, thousands of units have been deployed and deliver carrier grade performance. Siklu’s innovative all-silicon design has dramatically reduced prices and effectively opened the market for ultra-high capacity wireless links. Siklu is currently deploying its street level and rooftop connectivity solutions in diverse urban networks requiring high capacity connectivity. Visit www.siklu.com.