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This research note covers some of the highlights of Ovum's recently updated five-year RAN forecast. The radio access network (RAN) remains one of the largest capital outlays for mobile operators. Ovum estimates the 2018 market was approximately $32.7bn. Most of this revenue came from communication service providers.


  • In 2018, the RAN market did something it had not done in several years: it grew. In 2018, investments in RAN gear and software exceeded the previous year's investments. Ovum believes this trend will continue through 2022.
  • From 2018 through 2024, LTE and 5G will account for almost all RAN investments. Ovum estimates in 2018 only 5% of market expenditure was on 2G and 3G.

Features and Benefits

  • Learn how major markets such as the US and China will impact the future of RAN investments.
  • Get insights into why the RAN market has returned to growth.

Key questions answered

  • How big is the RAN market in terms of revenues and what is the outlook for the next five years?
  • When will revenue growth slow and decline?

Table of contents

Ovum view

  • Summary
  • Growth returns in 2018 and should continue through 2022
  • It will take several more years before 5G investments overtake LTE
  • China quickly goes all-in on 5G


  • Further reading
  • Author