After rapid growth 2019-22, O-RAN investments fell by $500 million in 2023 and have declined a further 30% y-o-y during the first three quarters of 2024, says Dell’Oro Group.

The top 3 Open RAN suppliers for the 1Q24-3Q24 period based on worldwide revenues are Samsung, NEC, and Fujitsu

Bad year for O-RANThe top 3 vRAN suppliers for the 1Q24-3Q24 period based on worldwide revenues are Samsung, Fujitsu, and Ericsson

Short-term projections have been revised downward, while the long-term outlook remains unchanged.

 

Open RAN is now projected to comprise a mid-single-digit share of the 2024 RAN market and 8 to 10 % of the combined proprietary plus Open RAN 2025 revenues.