Samsung, NEC, Fujitsu, Rakuten Symphony and Mavenir top Open RAN suppliers in year to end of Q1 2023
According to research by Dell’Oro Group, after steep rises in 2022, growth in Open RAN and Virtualised RAN (vRAN) revenues slowed in the first quarter of this year.
As “Open RAN and vRAN are still driven by a few large service providers, the slower growth in the first quarter was for the most part in line with expectations, reflecting more so the state of the 5G rollouts with some of the advanced operators than a shift in the overall Open RAN/vRAN market sentiment,” said Stefan Pongratz, Vice President with Dell’Oro Group.
He added, “There are also signs that activity is improving beyond the early adopters but it will of course take some time for the sum of these smaller early majority type deployments to move the broader market.”
Interesting numbers
Revenues more than doubled in 2022, but in Q1 2023, it was at 10 to 20% for Open RAN and the vRAN market grew at 20 to 30%. Dell’Oro hasn’t changed its projections of Open RAN accounting for between 6 to 10% of the total RAN market in 2023 overall.
The top five Open RAN suppliers by revenue for the period from 2Q 2022 to 1Q 2023 were Samsung, NEC, Fujitsu, Rakuten Symphony and Mavenir.
The report noted that higher levels of activity in the Asia Pacific region were counterbalanced by more “challenging comparisons in…North America”.