TMCnet News
Private Wireless RAN Revenues up ~40 Percent in 2023, According to Dell'Oro GroupHuawei, Nokia, and Ericsson Top Private Wireless RAN Suppliers REDWOOD CITY, Calif., April 11, 2024 /PRNewswire/ -- According to a newly published forecast report by Dell'Oro Group, a trusted source for market information about the telecommunications, security networks, and data center industries, Private Wireless Radio Access Network (RAN) revenue growth slowed in the fourth quarter on a year-over-year (Y/Y) basis; however, full-year revenues still accelerated around 40 percent in 2023, propelling private wireless to comprise around 2 percent of the overall RAN market. "Although public RAN is still fueling the lion's share of the overall RAN capex and the overall investment levels are tracking below some of the initial projections provided by the vendors in the early part of the 5G enterprise hype cycle, the fact of the matter is that private wireless is now growing at a formidable pace," said Stefan Pongratz, Vice President at Dell'Oro Group. "This stands in contrast to public RAN and enterprise WLAN – both segments are projected to contract in 2024," continued Pongratz. Additional highlights from the April 2024 Private Wireless Report:
Dell'Oro Group's Private Wireless Advanced Research Report includes both quarterly vendor share data and a 5-year forecast for Private Wireless RAN by RF Output Power, technology, spectrum, and region. To purchase this report, please contact us at [email protected]. Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise networks, and data center markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit https://www.delloro.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/private-wireless-ran-revenues-up-40-percent-in-2023-according-to-delloro-group-302113752.html SOURCE Dell'Oro Group |