RAN market stabilizes ahead of 6G development: Dell’Oro

The global radio access network (RAN) market is flattening out after a sharp post-5G comedown, according to new analysis from Dell’Oro. The firm reports that RAN vendors lost nearly $10 billion in revenue across 2023 and 2024 as the 5G buildout peak passed and operators pulled back on spending.

Dell’Oro expects RAN investment to stay muted for several years. Meaningful growth is not forecast until operators begin to ramp up 6G-related capital spending toward the end of the decade. Until then, the market is expected to remain stable but subdued, with limited room for expansion.