“The underlying message we have communicated for some time has not changed. Regional imbalances will impact the market dynamics over the short term while the long-term trajectory remains flat,” said Stefan Pongratz, Vice President for RAN market research at Dell’Oro Group.

“The only bright spots are the segments that will grow during the forecast period. They are the EMEA region, 5G MCN, and MEC. However, these segments are not growing enough to offset the decline in the 4G MCN and VoLTE/VoNR market segments….Unfortunately, it is a bleak outlook,” said Dave Bolan, Research Director at Dell’Oro Group

“We believe the Optical Transport equipment revenue decline in 2024 was a corrective phase in the market cycle to align supply with demand,” said Jimmy Yu, Vice President at Dell’Oro Group.

“Initially viewed as a way to monetize under-utilized spectrum, FWA has grown to become a major tool for connecting homes and businesses with broadband,” said Jeff Heynen, Vice President with the Dell’Oro Group. “What started in the US is now expanding to India, Southeast Asia, Europe, and the Middle East, as mobile operators continue to expand their 5G-based FWA offerings to both residential and enterprise customers,” added Heynen.