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While end-of-year results are still coming in, 2023 revenue for OpenRAN products appears to have declined, following an impressive increase between 2019 and 2022, according to a recently published report by Dell’Oro Group.
The report highlighted that market conditions will remain challenging over the near-term but the long-term forecast for O-RAN remains positive.
The research company expects O-RAN revenue to account for 20-30% of worldwide RAN revenue by 2028, up from 7-10% in 2024.
