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The reduction in the forecast is caused by severe economic headwinds, primarily the high inflation rates, and the slow adoption of 5G SA networks by MNOs.
According to Dell’Oro Group, sales of broadband access equipment are expected to decline by 1% from 2023, with the first half of 2024 seeing continued weakness followed by an improved spending environment in the second half of the year.
According to a recently published report by Dell’Oro Group, FWA has surged in recent years to support both residential and enterprise connectivity due to its ease of deployment along with the more widespread availability of 4G LTE and 5G sub-6 GHz networks.
According to a recently published report from Dell’Oro Group, the Mobile Core Network market has become erratic, with the lowest growth rate since 4Q 2017.
According to a recently published report from Dell’Oro Group, preliminary readings indicate that worldwide telecom capex experienced a slowdown in growth during the first half of 2023 after a couple of years of favorable developments.