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Total RAN Market Declines at a Double-Digit Rate in 1Q16REDWOOD CITY, Calif., May 18, 2016 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, the total Radio Access Network (RAN) Infrastructure market declined at a double-digit rate year-over-year in 1Q16 as revenues in all regions declined for the first time in four years. The total market is forecasted to decline around eight percent in 2016. "After a strong 4Q15, and three years of solid currency-adjusted performance, the overall RAN market started 2016 on a bleaker note – declining at a double-digit rate – driven by demand and the macro-economic climate," said Stefan Pongratz, analyst at Dell'Oro Group. "Even though results were mostly in line with expectations, we have increased our 2016 macro and small cell shipment forecast – reflecting upbeat shipment guidace in China – while reducing our pricing assumptions. We continue to forecast the total RAN market will decline by about eight percent in 2016, unchanged from the projections outlined in conjunction with the 4Q15 report," continued Pongratz. Other highlights from Dell'Oro Group's Quarterly Mobile RAN Report:
About the Report About Dell'Oro Group Logo - http://photos.prnewswire.com/prnh/20101012/SF80035LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/total-ran-market-declines-at-a-double-digit-rate-in-1q16-300270157.html SOURCE Dell'Oro Group |