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Strong Adoption of 5G Expected to Return RAN Market to Growth, According to Dell'Oro GroupREDWOOD CITY, Calif., Jan. 26, 2017 /PRNewswire/ -- According to a newly published report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, strong adoption of 5G is expected to return the Radio Access Network (RAN) market to growth towards 2021. The projected cumulative revenues between 2017 and 2021 are anticipated to represent the weakest five-year period since Dell'Oro Group began tracking the market in 2000. "Despite weaker results in 2016 than previously projected – driven primarily by softer equipment and capacity sales in US dollar terms – we remain optimistic in our longer-term outlook that the RAN network will continue to play an instrumental role supporting the ongoing digital transformation that is changing the way humans and machines communicate," said Stefan Pongratz, analyst at Dell'Oro Group. "While there is little doubt market conditions will remain challenging in the short-term, consumers' voracious appetite for mobile data coupled with the impending transition toward 5G form the basis for improved market conditionsin the outer years of the forecast," continued Pongratz. Other highlights from the Mobile RAN 5-Year Forecast Report:
About the Report About Dell'Oro Group
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/strong-adoption-of-5g-expected-to-return-ran-market-to-growth-according-to-delloro-group-300397036.html SOURCE Dell'Oro Group |