Written by Dell’Oro Group
According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, both Open RAN and Virtualized RAN (vRAN) revenues declined in 2Q23, marking the first quarter of year-over-year (YoY) contractions since the firm began tracking these next generation architectures back in 2019.
“After a couple of years where Open RAN revenues exceeded expectations and advanced at an accelerated pace, the current slowdown doesn’t come as a surprise,” said Stefan Pongratz, Vice President with the Dell’Oro Group. “Projections for 2023 were more tempered, considering that it would take time for the early majority operators to balance out the more challenging comparisons with the early adopters who fueled the initial Open RAN wave. This is the trend we are witnessing now – growth decelerated in the first quarter and declined in the second quarter,” continued Pongratz.
