The latest numbers from analyst firm Omdia reveal what a tough year 2024 was for the radio access networks kit market but look forward to a momentum shift this year.
Omdia has calculated that the total global RAN market (which includes hardware and software but not services) was just over $35 billion last year, which represented a 12 percent decline on the previous year. The good news for RAN vendors is Omdia reckons that decline will end this year and we might even see a tiny bit of growth.
“After two years of significant acceleration and exceptionally high investment in 2021 and 2022, and two years of steep decline in 2023 and 2024, Omdia expects 2025 to be a year of stabilization for the RAN market,” said Remy Pascal of Omdia. “Different regions will follow different trajectories, but at a global level, the market is expected to be flattish. North America has returned to growth in 2024 and we expect this to continue, we also expect a positive trajectory in some emerging markets.”
