“It has become quite obvious the MCN market has entered into a very unpredictable phase after breaking the highest growth rate in 2Q 2023 since 1Q 2021, and now hitting the lowest performing growth rate in 3Q 2023 since 4Q 2017. Last quarter, EMEA and China were the strongest performing regions and flipped this quarter, becoming the weakest performing regions,” stated Dave Bolan, Research Director at Dell’Oro Group.