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Mobile Core Network Revenue Down in 2024: Dell'Oro

Mobile core network revenue ended 2024 with a negative 4% growth rate year over year, driven by a 15% decline in China in Q4, Dell’Oro said Tuesday. “The market has struggled to gain traction in the last three years, with…

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three of the four quarters having flat or negative [year-over-year] growth rates,” said Dave Bolan, Dell’Oro research director. “On a regional basis, China’s growth rate was negative, and to a lesser extent, the worldwide market (excluding China) was also negative. However, both market areas are projected to return to positive growth in 2025.” One reason for optimism is the expected growth in 5G stand-alone networks this year, he said.