According to a report, the Open RAN market ‘screeched to a halt’ during this year.
Mobile Experts released the forecast for Open RAN, which it described as ‘the most bizarre market growth profile ever seen in the wireless market.’ After ‘great success’ with deployment in greenfield networks by the likes of DISH and Rakuten, the firm is predicting a significant slump this year.
However, it’s not all doom and gloom for Open RAN cheerleaders, as the report also notes that major mobile operators have started to make commitments to it this year, which it says will lead to new revenue growth in 2025 and 2026.
"Our revenue chart for Open RAN looks like the Grand Canyon," said Joe Madden, Principal Analyst at Mobile Experts. "All of the big clean-sheet O-RAN deployments have finished their major buildout phase, so now the market will transition to upgrades on legacy networks. But legacy networks will use Open RAN differently.
