Huawei, Ericsson, Nokia are the top 3 worldwide 5G RAN suppliers in 2019. Improving market sentiment for 5G wireless equipment was enough to offset reduced demand for LTE, propelling the overall RAN market to a second year of healthy growth.
Smart NICs are projected to capture 23 percent of the market. “We are projecting 25 Gbps to gradually replace 10 Gbps as the preferred speed for server network connectivity over the next five years,” said Baron Fung, Director at Dell’Oro Group.
The Enterprise server and storage system markets are expected to face headwinds during our five-year forecast period of 2019 to 2024. “Despite recently slowdown, demand for servers by Cloud and Telco service providers in the U.S. and China is poised for growth over the next five years,” said Baron Fung, Director at Dell’Oro Group.
Growth in mobile broadband and IoT drives the Mobile Core Network market. In 2020, we will see the launch of the 5G Core for 5G Standalone networks. The 4G Evolved Packet Core is expected to peak in 2022 and then the 5G Core will continue the growth,” observed David Bolan, Senior Analyst, at Dell’Oro Group. “By 2024, the 5G Core will represent about 50 percent of Wireless Packet Core revenues,” continued Bolan.
Emerging lower-latency use cases could drive up demand to 34 Million MEC systems. “We forecast that MEC investments will grow to $5.2 B in servers and packet core user plane functions in 2024,” stated Baron Fung, Research Director at Dell’Oro Group.