Market research firm revises Open RAN forecast upward
Business news
|
By
Jean-Pierre Joosting
According to a recently published report by Dell’Oro Group, Open RAN radio and baseband projections have been revised upward – total cumulative revenues are now projected to approach $10 B to $15 B between 2020 and 2025.
“The momentum with both commercial deployments and the broader movement continued to improve during 1H21, bolstering the thesis that Open RAN is here to say,” said Stefan Pongratz, Vice President and analyst with the Dell’Oro Group. “We are adjusting the forecast upward to reflect the higher baseline and the improved pipeline,” continued Pongratz.
Additional highlights from the report include:
- Revenues are expected to account for more than 10 percent of the overall RAN market by 2025, reflecting healthy traction in multiple regions with both basic and advanced radios.
- Massive MIMO projections have been revised upward to reflect the improved competitive landscape and the improved market sentiment with upper mid-band Open RAN.
- The shift towards Virtualized RAN (V-RAN) is progressing at a slightly slower pace than Open RAN. Still, total V-RAN projections remain relatively unchanged, with V-RAN expected to approach $2 B to $3 B by 2025.
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
