Global RAN revenues are forecast to decline at a low-single-digit rate in 2023, underpinned by surging RAN investments in India and challenging business in China, Europe, and North America, Dell’Oro Group said.
The 2G-5G RAN market declined year-over-year in Q3 2022 — for a second consecutive quarter.
“After four years of extraordinary growth that catapulted the RAN market to record levels in 2021, the RAN market is now entering a new phase,” said Stefan Pongratz, Vice President at Dell’Oro Group.
“Even with 5G still increasing at a healthy pace, comparisons are more challenging and the implication for the broader RAN market is that growth is decelerating. One major difference between 4G and 5G is the fact there are now more frequency options for the operators to pursue, which helps to curb the decline in the post-peak rollout phase.”
Top 5 global RAN suppliers in the third quarter include Huawei, Ericsson, Nokia, ZTE, and Samsung. The report did not reveal the specific market share of these RAN vendors during the third quarter.
Top 4 RAN suppliers outside of China in the quarter include Ericsson, Nokia, Huawei, and Samsung.
Nokia’s RAN revenue shares improved sequentially for a third consecutive quarter.