Dell’Oro Group Reports Worldwide RAN Revenue Growth Continues in 2Q 2026

Dell’Oro Group reports that worldwide radio access network (RAN) revenue increased modestly year over year in 2Q 2026, extending a three-quarter growth streak after more than two years of contraction. The stabilization matters for enterprise and technical decision-makers tracking spending and supplier conditions.

Market Overview

Dell’Oro Group said the RAN market continued to stabilize in the second quarter of 2026. It cited third-quarter growth extending the improvement seen after a sustained contraction period.

Key Findings

Dell’Oro Group reported that worldwide RAN revenues improved modestly year over year in 2Q 2026 and slightly exceeded expectations. The firm said this extended the growth streak to three consecutive quarters.

Stefan Pongratz, Vice President at Dell’Oro Group, said, “The second quarter reinforced the message we have been communicating for some time, namely that the coverage-to-capacity correction is largely in the past, and the RAN market is stabilizing.”

Supplier Performance and Rankings

Dell’Oro Group reported mixed vendor performance in the quarter, with Huawei posting a strong quarter while Ericsson results were softer than expected. It said overall RAN supplier rankings remained unchanged and market share movements were modest in 2Q 2026.

Dell’Oro Group said the top 5 RAN suppliers in 1H26 by worldwide revenue were Huawei, Ericsson, Nokia, ZTE, and Samsung. It reported these firms accounted for 96 percent of the market in 1H26.

Forecast and Outlook

Dell’Oro Group said the 2026 RAN outlook is unchanged. Despite slightly stronger-than-expected 2Q results, it projected worldwide RAN revenues to remain broadly flat in 2026.

The firm said supply-chain developments and regional demand patterns remain important factors to monitor through the remainder of the year.

Methodology Notes

The note describes Dell’Oro Group’s RAN quarterly report as covering manufacturers’ and market revenue for multiple RAN segments. It also says the report tracks the RAN market by region and includes a four-quarter outlook.

“While the recovery remains uneven across regions and suppliers, three consecutive quarters of modest growth support the narrative that the market is moving toward a more stable trajectory,” Pongratz said.

This Analyst Signals brief reflects a neutral, fact-based summary of the original research note.