Share5G MCN Growth Rate Stalled Out for the First Time, Declining 8 Percent in 2Q 2024 REDWOOD CITY, Calif. – August 21, 2024 – According to a recently published report from Dell’Oro Group, the trusted

“The Service Provider Router market contracted for a fourth consecutive quarter due to customers pulling back on spending to lower equipment inventory,” said Jimmy Yu, Vice President at Dell’Oro Group. “The drop in quarterly revenue was one of the worst we have seen in this market for over a decade…

“Even if the RAN market is still down at a double-digit rate in the first half, the second quarter offered some glimmer of hope that the nadir of this cycle with double-digit declines might now be in the past for the time being,” said Stefan Pongratz, Vice President and analyst at the Dell’Oro Group.

“Open RAN is happening, but this vision that Open RAN will significantly change the vendor dynamics is fading,” said Stefan Pongratz, Vice President of RAN market research at the Dell’Oro Group.