|
RAN Market Still Down with Some Glimmer of Hope, According to Dell'Oro Group
Friday, August 23, 2024
Huawei and ZTE Nearly Half of the Market
REDWOOD CITY, Calif., Aug. 15, 2024 /PRNewswire/ -- 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, preliminary findings reveal that the Radio Access Network (RAN) market conditions remain challenging, with global RAN revenues declining at a double-digit rate year-over-year for a fourth consecutive quarter. At the same time, pockets of the market are performing better, with three out of the six tracked regions growing, up from one region in 1Q 2024.
"Even if the RAN market is still down at a double-digit rate in the first half, the second quarter offered some glimmer of hope that the nadir of this cycle with double-digit declines might now be in the past for the time being," said Stefan Pongratz, Vice President and analyst at the Dell'Oro Group. "This does not change the fact that the RAN market is expected to decline at a 2 percent CAGR over the next five years. But the pace of the decline should moderate somewhat going forward," continued Pongratz.
Additional highlights from the 2Q 2024 RAN report:
-- Total RAN revenues were mostly in line with expectations.
-- Strong growth in North America and stable trends in China were not
enough to offset steep declines in the Asia Pacific region, partly
driven by sharp drops in India.
-- Vendor rankings are mostly unchanged. The top 5 RAN suppliers based on
worldwide revenues are Huawei, Ericsson, Nokia, ZTE, and Samsung.
-- Relative to 2023, Huawei's 1H 2024 revenue share is up, ZTE is stable,
and Nokia/Ericsson are together down 3 to 4 percentage points.
-- Short-term RAN projections are mostly unchanged since the 5-year
forecast update. Global RAN is expected to decline 8 percent to 12
percent outside of China.
About the Report
Dell'Oro Group's RAN Quarterly Report offers a complete overview of the RAN industry, with tables covering manufacturers' and market revenue for multiple RAN segments including 5G NR Sub-7 GHz, 5G NR mmWave, LTE, macro base stations and radios, small cells, Massive MIMO, Open RAN, and vRAN. The report also tracks the RAN market by region and includes a four-quarter outlook. To purchase this report, please contact us by email at dgsales@delloro.com.
About Dell'Oro Group
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ran-market-still-down-with-some-glimmer-of-hope-according-to-delloro-group-302222928.html
SOURCE Dell'Oro Group
|
|
|
|
|
|
 |
VIAVI Highlights Test Solutions for AI Infrastructure Development, Manufacturing and Deployment at OFC 2025 | Mar 28, 2025
|
|
Orium Launches Composable Accelerator for Shopify | Mar 28, 2025
|
|
Oracle Helps Customers Boost Employee Engagement with Strategic Communications and Internal Events | Mar 28, 2025
|
|
ThreatQuotient positioned as a Leader in the SPARK Matrix(TM): Digital Threat Intelligence Management, 2025 by QKS Group | Mar 28, 2025
|
|
Datacenter Dynamics Makes History with LoneStar - Becoming the World's First Magazine to Reach the Moon | Mar 28, 2025
|
|
Oracle Named a Leader in Configure, Price, Quote by Independent Research Firm | Mar 28, 2025
|
|
Madame Rachida Dati, French Minister of Culture, has granted official recognition to thierry Ehrmann's Abode of Chaos as a 'total work of art', the global headquarters of Artprice by Artmarket. | Mar 28, 2025
|
|
Nosto reports 323% growth of Personalized Search after 2024 Gartner MQ inclusion | Mar 28, 2025
|
|
Wealthbox Expands to Canada with In-Country Data Hosting | Mar 28, 2025
|
|
Western Union forms strategic partnership with HCLTech to transition to an AI led platform operating model | Mar 28, 2025
|
|
|
|
