Dell'Oro: Worldwide telecom Equipment revenues down 11% in 2024 - Dell'Oro

Preliminary findings suggest that worldwide telecom equipment revenues across the six telecom programmes tracked by analysts Dell'Oro Group declined 11 percent (YoY) in 2024. It was the steepest annual decline in more than 20 years - in 2002 the decline was >20% - meaning total equipment revenue fell by 14 percent over the past two years. This deceleration was broad-based across the telecom segments and driven by multiple factors, including excess inventory, challenging macro environment and difficult 5G co