Dell'Oro Group
Worldwide Telecommunications Equipment Down 11 Percent in 2024
Conditions improved in the second half, but overall, 2024 was a challenging year for the telecommunications suppliers. Preliminary findings suggest that worldwide telecom equipment revenues across the six telecom programs tracked at Dell’Oro Group—Broadband Access, Microwave & Optical Transport, Mobile Core Network, Radio Access Network, and SP Router & Switch—declined 11 percent year-over-year in 2024, recording the steepest annual decline in more than 20 years (decline was >20 percent in 2002), propelling total equipment revenue to fall by 14% percent over the past two years.
Fiber Surge Drives Record-Breaking Year for Broadband Access Equipment Market, According to Dell’Oro Group
Total global revenue for the broadband access equipment market went up to $16.3 billion in 2021, according to Dell’Oro Group's Q4 2021 Broadband Access and Home Networking quarterly report. Fiber demand fueled market growth, along with passive optical networking (PON) infrastructure and fixed wireless customer premises equipment (CPE). Cable access concentrator revenue increased by 4 percent in 2021, totaling over $1 billion. Total PON optical network terminal (ONT) shipments reached a record 140 million units.