WLAN Revenues Plummet 26 Percent in 4Q 2023, According to Dell'Oro Group
REDWOOD CITY, Calif., March 6, 2024 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, 2023 was a roller coaster ride for Wireless LAN (WLAN) vendors. Revenues were elevated in the first half of the year but contracted sharply in 4Q 2023. Despite the end-of-year correction, annual WLAN revenues hit a record $10 B.
- Revenues were elevated in the first half of the year but contracted sharply in 4Q 2023.
- Juniper Networks was an outlier in the WLAN market in 4Q, managing to grow Y/Y and Q/Q despite the difficult market conditions.
- The percentage of 4Q 2023 revenues from the sale of Indoor Wi-Fi 6E APs was flat compared to 3Q 2023.
- All regions experienced a Y/Y reduction in WLAN revenues, with sales to China contracting the least of all the macro regions.