“The MCN market shined on many fronts this quarter. The China region returned to growth with increased spending by two of the four Mobile Network Operators (MNOs). The EMEA region had its best quarterly growth rate since 2020, Huawei had record high revenues for the quarter, and Ericsson had its highest growth rate since 2Q20, as examples,” stated Dave Bolan, Research Director at Dell’Oro Group.
“It was another great quarter for optical system vendors,” said Jimmy Yu, Vice President at Dell’Oro Group.
“It is tempting to point the finger at data traffic patterns, 5G monetization challenges, and the odds stacked against an economy struggling with persistent levels of elevated inflation,” said Stefan Pongratz, Vice President at Dell’Oro Group.
The traditional network box mentality just no longer works in today’s enterprise where the Internet is an extension of the corporate LAN and public clouds are the new data centers,” said Mauricio Sanchez, Sr. Director, Enterprise Security and Networking Research at Dell’Oro Group.
“The forecast has been reduced due to the slow migration to 5G SA by Mobile Network Operators (MNOs) for their eMMB networks and by Enterprises for their 5G SA private wireless networks,” stated Dave Bolan, Research Director at Dell’Oro Group.
