Open RAN and vRAN Revenues Surge in 1Q22
Boris Ocić, Dražen Tomić 21 May 2022 Print Comment
Foto: Depositphotos
Preliminary findings suggest total Open RAN revenues, including O-RAN and OpenRAN radio and baseband, surged in the first quarter of 2022, according to Dell’Oro Group. That has propelled Open RAN to reach new record levels.
“The migration towards new architectures, including Open RAN and vRAN, continued to move in the right direction in the first quarter, bolstering the narrative that the shift toward open interfaces is here to stay,” said Stefan Pongratz, Vice President and analyst with the Dell’Oro Group. “The surge in the first quarter taken together with impending portfolio advancements form the basis for the more favorable short-term outlook,” continued Pongratz.
Open RAN revenues more than doubled in the first quarter, supported by strong growth in both the Asia Pacific and North America. The positive momentum that characterized the vRAN market in the second half of 2021 extended into the first quarter, spurring vRAN revenues to nearly quadrupled in the first quarter.
Global Open RAN and vRAN projections have been revised upward, to reflect the strong showing in the first quarter. Total Open RAN revenues are now expected to account for 3 percent to 5 percent of the global 2022 RAN market.
More from category
PC Shipments Expected to Decline 9.5 Percent in 2022
Worldwide PC shipments are on pace to decline 9.5% in 2022, according to the latest forecast from Gartner.
5G to top 570 Million Subscriptions in Southeast Asia and Oceania in 2027
5G subscriptions in Southeast Asia and Oceania are expected to more than double in 2022 from around 15 million at the end of 2021.
Spending on Compute and Storage Infrastructure Grew Strongly in 1Q22
Spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared environments, increased 17.2% year over year in the first quarter of 2022 (1Q22) to $18.3 billion, according to IDC.