Broadband Equipment Market To Eclipse $120B By 2027 - Dell'Oro
FierceTelecom, Monday, August 7,2023
Despite a slowdown in broadband equipment spending in 2023, Dell'Oro Group predicts the market will pick up in the next few years, surpassing $120 billion in cumulative spending between 2022 and 2027.
Dell'Oro Group VP Jeff Heynen said the 2023 slowdown follows three years of 'really phenomenal growth,' largely driven by Covid-19. Labor markets are 'still being challenged' and a number of fiber operators (AT&T, Altice USA, Frontier) have reduced their expansion plans and homes passed targets.
'To close out 2022 we did see a significant uptake in equipment purchases, and what happened there was supply chains eased,' Heynen told Fierce. 'A lot of orders that had been on the books for a long time have been fulfilled.'