Open RAN revenue growth dries up

According to the latest data from analyst firm Dell’Oro, both Open RAN and vRAN revenues declined for the first time in Q2 2023.
Dell’Oro hasn’t publicly shared the precise quarterly number but the annual picture below shows the extent of the drop-off in the first half of this year for Open RAN. If this trend continues, the full year 23 growth number will likely be in the negative. Apparently we have APAC and North America to thank for the decline, with Europe still growing. Th