Nokia, Ericsson, Samsung top private wireless RAN suppliers excluding China. #pressrelease
September 17, 2024
According to a newly published forecast report by Dell'Oro Group, a trusted source for market information about the telecommunications, security networks, and data center industries, Private Wireless Radio Access Network (RAN) revenue growth slowed slightly in the second quarter on a year-over-year basis relative to the ~40 percent increase in 2023. Still, the tapering is in line with expectations and private wireless is performing significantly better on a relative basis than both public RAN and enterprise WLAN.
Additional highlights from the September 2024 Private Wireless Report:
Contract activity is slowing but the quality of the contracts is improving and increasingly includes larger, multi-site, and even multi-country agreements.
Regional activity is mostly stable. The three largest regions in 1H24 from a revenue perspective include China, North America, and EMEA.
Vendor rankings did not change in 1H24. The evolving scope of private wireless taken together with the fact that the $20 B+ enterprise RAN opportunity remains largely untapped is spurring interest from a broad array of participants across the ecosystem. Still, the traditional RAN suppliers are currently well-positioned in this initial phase.
Top 3 Private Wireless RAN suppliers in 1H24 are Huawei, Nokia, and Ericsson.
Top 3 Private Wireless RAN suppliers in 1H24 excluding China are Nokia, Ericsson, and Samsung.
Projections are mostly unchanged. Private wireless RAN revenues are projected to grow at a 21 percent CAGR over the next five years, while public RAN revenues are set to decline at a 3 percent CAGR over the same time period.
Read the full press release here.
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