Preliminary findings from Dell’Oro show that the slower momentum that has characterized the broader 2G-5G Radio Access Network (RAN) market since 4Q 2021 extended to 4Q 2022, with four out of the six tracked regions declining on a year-over-year basis.
“The results in the quarter further validate the reduced growth scenario we have discussed now for some time, reflecting more challenging MBB comparisons in the advanced 5G markets,” said Stefan Pongratz, Vice President at Dell’Oro Group. “At the same time, even if the gap between the early adopters and the laggards is generally smaller with 5G than it was with LTE, the state of 5G still varies significantly across the globe,” continued Pongratz.
Additional highlights from the 4Q 2022 RAN report:
- Top 5 RAN 2022 RAN suppliers include Huawei, Ericsson, Nokia, ZTE, and Samsung.
- Top 4 RAN 2022 RAN suppliers outside of China include Ericsson, Nokia, Huawei, and Samsung.
- Nokia and Samsung recorded the strongest RAN revenue growth out of the top 5 suppliers
- Short-term RAN revenue prospects have been revised downward to reflect the lower starting point, however, relative growth rates are now more favorable, with global RAN revenues expected to be flat in 2023 as surging investments in India is offset by more challenging comparisons in North America and China.