Analysts and consultants, unlike politicians, are rarely made to rue their public utterances. Twenty years ago, firms still in business today built elaborate forecasting models to show how 3G would double consumer spending on mobile services. None was grilled before an audience when those predictions turned out to be wildly optimistic.

The key building blocks for 5G are on pace to meet or beat sales predictions outlined at the beginning of the year, according to a new report from Dell’Oro Group. Looking back on figures for the first half of 2020, the firm is revising some of its outlooks upward and calling others effectively in line with expectations

In the overall telecom equipment market, which includes earlier iterations such as 4G, Samsung’s market share has roughly doubled over the past two years to about 3 percent, according to Dell’Oro.