Record Year for Broadband Equipment Spending in 2022, Says Dell'Oro Group

Total global revenue for the Broadband Access equipment market increased to $19 billion in 2022, up 17 percent year-over-year (Y/Y). Spending on passive optical network (PON) equipment continues to fuel the overall market, with revenue for PON OLTs and ONTs reaching $11.7 billion in 2022. Additionally, total XGS-PON OLT port shipments exceeded 2 million for the year, reaching a total of 2.3 million worldwide. Total cable access concentrator revenue was up 1 percent Y/Y at $1 billion. Remote PHY devices, Remote OLTs, and Virtual CMTS platforms all recorded significant revenue gains for the year, as cable operators continue to expand their DAA and fiber initiatives. Total PON equipment revenue is up 25 percent year-over-year, marking the fifth straight year of annual revenue growth.