Q3 O-RAN revenue doubles y-o-y

Author: EIS Release Date: Dec 14, 2022

Q3 O-RAN revenues have doubled y-o-y according to the Q3 2022 report from Dell’Oro Group.

 

Report highlights include:

 

Top 4 Open RAN revenue suppliers for the 1Q22-3Q22 period include Samsung, Fujitsu, NEC, and Mavenir.

 

Trials are on the rise globally, however, North America and the Asia Pacific regions are still dominating the commercial revenue mix over the 1Q22-3Q22 period, accounting for more than 95% of the market.

 

More than 80% of the year-to-date growth is driven by the North America region, supported by large scale non-Massive MIMO and Massive MIMO macro deployments.

 

The rise of Open RAN has so far had a limited impact on the broader RAN (proprietary and Open RAN) market concentration.

 

The data contained in the report suggest that the collective RAN share of the top 5 RAN suppliers (Huawei, Ericsson, Nokia, ZTE, and Samsung) declined by less than one percentage point between 2021 and 1Q22-3Q22.

 

Short-term projections have been revised upward to reflect the higher baseline – Open RAN is now projected to account for 6 to 10% of the RAN market in 2023.

 

Open RAN growth rates, however, are expected to decelerate next year, reflecting the likelihood that the sum of new brownfield deployments will be able to offset more challenging comparisons with the early adopters