Open RAN (O-RAN) revenue is set to decline in 2023, following an impressive increase between 2019 and 2022, according to a recently published report by Dell’Oro Group.
The report highlighted that market conditions will remain challenging over the near-term but the long-term forecast for O-RAN remains positive.
The research company expects O-RAN revenue to account for 20-30% of worldwide RAN revenue by 2028, up from 7-10% in 2024.
In July 2023, Dell’Oro predicted O-RAN revenue would account for 15-20% per cent of the overall RAN market by 2027.
