The RAN market’s positive momentum over the past four years has extended into the first quarter but external challenges such as COVID-19 restrictions and supply chain disruptions together with challenging year-over-year comparisons, have impacted growth rate, according to the RAN quarterly report by market research firm Dell’Oro Group.
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.
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Dell’Oro highlighted the following from its 1Q 2022 RAN report:
1. Top 5 suppliers in the quarter include Ericsson, Huawei, Nokia, ZTE, and Samsung.
2. Ericsson, Nokia, Huawei, and Samsung lead outside of China while Huawei and ZTE continued to dominate the Chinese RAN market.
3. Non-top 5 suppliers collectively gained around 2 percentage points of share in 1Q 2022.
This first appeared in the subscription newsletter CommsWire on 20 May 2022.
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