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RAN decline to extend beyond 2023 – Dell'Oro
Private wireless and FWA growth not enough to offset slower MBB. #pressrelease
January 22, 2024
1 Min Read
REDWOOD CITY, Calif. – According to a newly published forecast report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the Radio Access Network (RAN) market is now in a downward trajectory. Following the >40 percent ascent between 2017 and 2021, RAN revenues stabilized in 2022, and are on target to decline sharply in 2023. Market conditions are expected to remain challenging in 2024 as the Indian RAN market pulls back, though the pace of the global decline this year and for the remainder of the forecast period should be more moderate.
Additional highlights from the Mobile RAN 5-Year January 2024 Forecast Report:
Worldwide RAN revenues are projected to decline at a 1 percent CAGR over the next five years.
The Asia Pacific region is expected to lead the decline, while easier comparisons following steep contractions in 2023 will improve the growth prospects in the North America region.
5G-Advanced is expected to play an important role in the broader 5G journey, however, it is not expected to fuel another major capex growth cycle.
RAN segments that are expected to grow over the next five years include: 5G NR, FWA, mmWave, Massive MIMO, Open RAN, private wireless, small cells, and Virtualized RAN.
Read the full press release here.
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