Overall 2G-5G RAN infrastructure equipment market—including hardware, software, and firmware—grew at its slowest pace in more than two years.
"Even with the RAN results now coming in below expectations two quarters in a row, it is important to keep in mind that it is still early days in the broader 5G cycle and fundamentals remain healthy,” underscores Dell’Oro Group vice president Stefan Pongratz.
"We have not made any major adjustments to the aggregate forecast and still expect the broader RAN market to record a fifth consecutive year of growth in 2022, underpinned by elevated investments in North America, Europe, and China,” adds Pongratz.
This first appeared in the subscription newsletter CommsWire on 20 May 2022.