➀ Dell'Oro reports a 10% YoY decline in global telecom capex in H1 2024; ➁ Operators are scaling back investments in 5G and fixed broadband due to factors like inventory build-up, weaker demand in key regions, and technology monetization challenges; ➂ Global carrier revenues are expected to grow at a 1% CAGR over the next three years.

➀ The Radio Access Network (RAN) market continues to face challenges with global RAN revenues declining at a double-digit rate for the fourth consecutive quarter. ➁ Despite overall declines, three out of six tracked regions showed growth. ➂ The top 5 RAN suppliers remain Huawei, Ericsson, Nokia, ZTE, and Samsung, with slight changes in market share.

1. The Service Provider Router and Aggregation Switch market is expected to decline by 6% in 2024. 2. Factors contributing to the decline include inventory correction, slowdown in access network deployments, and inflation. 3. The market is forecast to grow at an average annual rate of 3% following the contraction in 2024.

1. The Mobile Core Network (MCN) is projected to decline by 10% from 2024 to 2028 due to economic challenges and slow 5G Standalone adoption. 2. Dell'Oro reports a fifth consecutive reduction in MCN market growth rate, with the 5-year CAGR turning negative for the first time. 3. The Multi-Access Edge Computing (MEC) market, a subset of MCN, faces an 18% reduction in cumulative revenue forecast, with initiatives like open APIs and Release 18 aiming to address these issues.