The 2G-5G RAN infrastructure equipment market declined in the second quarter, recording the first year-over-year contraction in more than two years, according to a report from Dell’Oro Group.
Though the RAN market is not immune to external risks, initial readings suggest that the RAN impact from deteriorating macro conditions, high levels of inflation, and supply chain disruptions were limited in the quarter, said Stefan Pongratz, Vice President at Dell’Oro Group.
Slower momentum is not a sign that the 5G deployment phase is over. Market conditions in the quarter were impacted by Asia Pacific excluding China, Russia, and foreign exchange.
Additional highlights from the 2Q 2022 RAN report:
Top 5 global RAN suppliers in the quarter include Huawei, Ericsson, Nokia, ZTE, and Samsung.
Top 4 RAN suppliers outside of China in the quarter include Ericsson, Nokia, Huawei, and Samsung.
Huawei and ZTE continued to dominate the RAN market in China, together accounting for 90 to 95 percent of 1H 2022 revenues.
Ericsson maintained its grip on the RAN market outside of China, accounting for 39 percent of the revenues for the 1H 2022.
Nokia’s RAN position outside of China improved between 1Q and 2Q 2022.
Samsung’s 1H 2022 RAN share improved both in North America and globally.
Though RAN results disappointed in the quarter and first half revenues are tracking below expectations, RAN is still projected to record a fifth consecutive year of growth in 2022.
