RAN revenues forecast to grow 5% in 2022

Huawei, Ericsson, Nokia, ZTE, and Samsung are the leaders in global RAN market in 2021, according to Dell’Oro Group.
Marvell 5G Open RANEricsson, Nokia, Huawei, and Samsung lead outside of China. China-based Huawei and ZTE continue to dominate the Chinese RAN market.

RAN revenue shares are changing with Ericsson and Samsung gaining share outside of China.

RAN revenue shares of Huawei and Nokia declined outside of China.

Relative near-term projections have been revised upward – total RAN revenues are now projected to grow 5 percent in 2022.

Radio Access Network (RAN) growth slowed in the fourth quarter.

Total 2G-5G RAN revenues, excluding services, increased at a double-digit rate for a second consecutive year, propelling worldwide RAN to approach $40 billion to $45 billion.

“RAN market continues to show remarkable resilience to external factors,” said Stefan Pongratz, Vice President at Dell’Oro Group. “RAN prospects remain and healthy and the overall RAN market is on track to record a fifth consecutive year of growth in 2022.”

According to MTN Consulting, the top 10 telecom network providers in Q3 2021 are Huawei, Nokia, Ericsson, ZTE, Intel, Cisco, NEC, Samsung, Fiberhome, and Fujitsu.

Vendor revenues in the telecom network infrastructure market grew 5.7 percent to $54.9 billion in 3Q21. Annualized telecom NI revenues through 3Q21 rose 5.8 percent to $225.8 billion.