North America’s continued upward trend in 3Q22 was driven by SPs upgrading networks to gain the advantages of 400 Gbps technologies and expanding their networks to accommodate growing traffic. Demand for network capacity continues to increase, driven by 5G, IoT, pervasive video, and other technology trends,” said Ivaylo Peev, Senior Analyst at Dell’Oro Group.
“As the supply environment continues to improve, more orders are finally being fulfilled, which is evidenced by the strong double-digit port shipment growth during the quarter,” said Sameh Boujelbene, Senior Research Director at Dell’Oro Group.
“While commercial Open RAN revenues continue to surprise on the upside, the underlying message that we have communicated now for some time now has not changed and remains mixed,” said Stefan Pongratz, Vice President with the Dell’Oro Group.
“The Ethernet controller and adapter market achieved strong double-digit growth year-over-year in 3Q 2022,” said Baron Fung, Research Director at Dell’Oro Group.
“The China region had a positive Y/Y growth rate for the quarter, but it was not enough to offset the decline in the rest of the market, with the global market declining Y/Y,” stated Dave Bolan, Research Director at Dell’Oro Group.
