
Global Open RAN Market Size, Share, Growth Trends, Opportunities, and Regional Forecasts 2022-2032
Description
Global Open RAN Market Size, Share, Growth Trends, Opportunities, and Regional Forecasts 2022-2032
The global Open RAN market is projected to witness significant growth, with an estimated market size of USD 2.1 billion in 2023 and a robust compound annual growth rate (CAGR) of 39.4% expected from 2024 to 2032. Open Radio Access Network (O-RAN) represents a transformative shift in the telecommunications industry, enabling operators to select components from various vendors for seamless integration. This modular and interoperable approach reduces costs and fosters innovation, offering a flexible alternative to traditional RAN architectures.
The establishment of the O-RAN ALLIANCE by major telecom operators such as China Mobile, AT&T Inc., and Deutsche Telekom highlights the global momentum toward open standards and virtualized networks. Regulatory bodies in regions like North America and Europe endorse Open RAN as a strategic move to enhance network security and reduce dependency on single vendors. These trends, coupled with increasing investments in 5G infrastructure, propel the adoption of Open RAN solutions globally.
Key drivers of market growth include reduced operational costs, enhanced network efficiency, and vendor diversity. Furthermore, the advent of hybrid and private cloud deployments has amplified the scalability and security of Open RAN implementations. Despite challenges like security risks and the need for standardization, ongoing advancements in technology and collaboration among industry stakeholders are expected to address these concerns, solidifying Open RAN’s role in next-generation telecommunications.
Regional analysis reveals North America's dominance, driven by early technological adoption and substantial investments in telecom infrastructure. Europe and Asia-Pacific follow suit, with strong growth driven by policy support and expanding digital ecosystems.
Major market players included in this report:
• Samsung Electronics Co., Ltd.
• NEC Corporation
• Fujitsu Limited
• Nokia Corporation
• Mavenir
• Radisys Corporation (Reliance Industries)
• Parallel Wireless
• ZTE Corporation
• AT&T Inc.
• Casa Systems, Inc.
• Telefonaktiebolaget LM Ericsson
• Vodafone Group
• Deutsche Telekom
• BT Group
• Huawei Technologies Co., Ltd.
The detailed segments and sub-segments of the market are explained below:
By Component:
• Hardware
• Software
• Services
Consulting
Deployment and Implementation
Support and Maintenance
By Unit:
• Radio Unit
• Distributed Unit
• Centralized Unit
By Deployment:
• Private Cloud
• Hybrid Cloud
• Public Cloud
By Network:
• 2G/3G
• 4G
• 5G
By Frequency:
• Sub-6 GHz
• mmWave
By Region:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Italy
• Rest of Europe
Asia Pacific:
• India
• Japan
• Australia
• South Korea
• Malaysia
• Rest of Asia Pacific
Latin America:
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa:
• Kingdom of Saudi Arabia (KSA)
• UAE
• South Africa
• Rest of MEA
Years considered for the study:
• Historical year: 2022
• Base year: 2023
• Forecast period: 2024 to 2032
Key Takeaways
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand-side and supply-side analysis of the market.
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Table of Contents
285 Pages
- Chapter 1. Global Open RAN Market Executive Summary
- 1.1. Global Open RAN Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Component
- 1.3.2. By Unit
- 1.3.3. By Deployment
- 1.3.4. By Network
- 1.3.5. By Frequency
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendations & Conclusion
- Chapter 2. Global Open RAN Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Open RAN Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Cost efficiency and vendor diversity
- 3.1.2. Regulatory support for security enhancements
- 3.1.3. Accelerated 5G infrastructure deployment
- 3.2. Market Challenges
- 3.2.1. Standardization and interoperability issues
- 3.2.2. Emerging security risks
- 3.3. Market Opportunities
- 3.3.1. Expansion of private and hybrid cloud deployments
- 3.3.2. Growing investments in telecom infrastructure
- Chapter 4. Global Open RAN Market Industry Analysis
- 4.1. Porter’s Five Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s Five Force Model
- 4.1.7. Porter’s Five Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendations & Conclusion
- Chapter 5. Global Open RAN Market Size & Forecast by Component 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Open RAN Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Hardware
- 5.2.2. Software
- 5.2.3. Services
- • Consulting
- • Deployment and Implementation
- • Support and Maintenance
- Chapter 6. Global Open RAN Market Size & Forecast by Unit 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Open RAN Market: Unit Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Radio Unit
- 6.2.2. Distributed Unit
- 6.2.3. Centralized Unit
- Chapter 7. Global Open RAN Market Size & Forecast by Deployment 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Open RAN Market: Deployment Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Private Cloud
- 7.2.2. Hybrid Cloud
- 7.2.3. Public Cloud
- Chapter 8. Global Open RAN Market Size & Forecast by Network 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Open RAN Market: Network Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. 2G/3G
- 8.2.2. 4G
- 8.2.3. 5G
- Chapter 9. Global Open RAN Market Size & Forecast by Frequency 2022-2032
- 9.1. Segment Dashboard
- 9.2. Global Open RAN Market: Frequency Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 9.2.1. Sub-6 GHz
- 9.2.2. mmWave
- Chapter 10. Global Open RAN Market Size & Forecast by Region 2022-2032
- 10.1. North America Open RAN Market
- 10.1.1. U.S. Open RAN Market
- 10.1.2. Canada Open RAN Market
- 10.2. Europe Open RAN Market
- 10.2.1. UK Open RAN Market
- 10.2.2. Germany Open RAN Market
- 10.2.3. France Open RAN Market
- 10.2.4. Italy Open RAN Market
- 10.2.5. Rest of Europe Open RAN Market
- 10.3. Asia-Pacific Open RAN Market
- 10.3.1. India Open RAN Market
- 10.3.2. Japan Open RAN Market
- 10.3.3. Australia Open RAN Market
- 10.3.4. South Korea Open RAN Market
- 10.3.5. Malaysia Open RAN Market
- 10.3.6. Rest of Asia-Pacific Open RAN Market
- 10.4. Latin America Open RAN Market
- 10.4.1. Brazil Open RAN Market
- 10.4.2. Mexico Open RAN Market
- 10.4.3. Rest of Latin America Open RAN Market
- 10.5. Middle East & Africa Open RAN Market
- 10.5.1. Kingdom of Saudi Arabia (KSA) Open RAN Market
- 10.5.2. UAE Open RAN Market
- 10.5.3. South Africa Open RAN Market
- 10.5.4. Rest of Middle East & Africa Open RAN Market
- Chapter 11. Competitive Intelligence
- 11.1. Key Company SWOT Analysis
- 11.1.1. Samsung Electronics Co., Ltd.
- 11.1.2. NEC Corporation
- 11.1.3. Nokia Corporation
- 11.2. Top Market Strategies
- 11.3. Company Profiles
- Chapter 12. Research Process
- 12.1. Data Mining
- 12.2. Analysis
- 12.3. Market Estimation
- 12.4. Validation
- 12.5. Publishing
- 12.6. Research Attributes
Pricing
Currency Rates
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