
North America RAN Intelligent Controller Market Size, Share & Industry Trends Analysis Report By Function, By Component (Platform and Services), By Application (rApps and xApps), By Technology (4G and 5G), By Country and Growth Forecast, 2023 - 2030
Description
North America RAN Intelligent Controller Market Size, Share & Industry Trends Analysis Report By Function, By Component (Platform and Services), By Application (rApps and xApps), By Technology (4G and 5G), By Country and Growth Forecast, 2023 - 2030
The North America RAN Intelligent Controller Market would witness market growth of 57.1% CAGR during the forecast period (2023-2030).
The demand for intelligent controllers used to oversee and optimize the operations of the Radio Access Network in telecommunications infrastructure is known as the RAN (radio access network) intelligent controller. It aims to simplify mobile network operation & maintenance and improve network performance by automating network configuration and management activities. The market is primarily driven by the rising adoption of 5G networks and cloud-based solutions.
RAN intelligent controller is one of the driving elements behind developing 5G networks. Due to the increased complexity of 5G networks, operators want cutting-edge network automation and management solutions to maximize network performance and reduce operational costs. Furthermore, the growing complexity of mobile networks drives the demand for RAN intelligent controller. As connected devices and data traffic increase, operators require cutting-edge network management solutions to ensure optimal network performance and user experience.
Recent advancements in 5G networks have encouraged using cloud-native solutions for RAN, virtualizing its components, and making it "cloud-like." Mature designers will be capable of utilizing 5G networks' potent capabilities as they grow, creating a new generation of network-aware, edge-based mobile applications.
To support U.S. software businesses, the government plans to invest in new Open RAN technology. Open RAN is in high demand in North America, which can be ascribed to its use in modern in-home entertainment systems and driverless automobiles. Autonomous driving is built on quick and secure communications systems like LTE and 5G. Therefore, the high adoption rate of Open RAN in this region will increase the demand for and adoption of RIC, and in turn will propel the market advancement in the coming years.
The US market dominated the North America RAN Intelligent Controller Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,245.4 Million by 2030. The Canada market is experiencing a CAGR of 60.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 59.2% during (2023 - 2030).
Based on Function, the market is segmented into Non-RT RIC and Near-RT RIC. Based on Component, the market is segmented into Platform and Services. Based on Application, the market is segmented into rApps and xApps. Based on Technology, the market is segmented into 4G and 5G. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Nokia Corporation, VMware, Inc., Intel Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Cisco Systems, Inc., ZTE Corporation, NEC Corporation, Juniper Networks, Inc. and Telefonaktiebolaget LM Ericsson
Scope of the Study
Market Segments covered in the Report:
By Function
- Non-RT RIC
- Near-RT RIC
- Platform
- Services
- rApps
- xApps
- 4G
- 5G
- US
- Canada
- Mexico
- Rest of North America
- Nokia Corporation
- VMware, Inc.
- Intel Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Cisco Systems, Inc.
- ZTE Corporation
- NEC Corporation
- Juniper Networks, Inc.
- Telefonaktiebolaget LM Ericsson
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
137 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America RAN Intelligent Controller Market, by Function
- 1.4.2 North America RAN Intelligent Controller Market, by Component
- 1.4.3 North America RAN Intelligent Controller Market, by Application
- 1.4.4 North America RAN Intelligent Controller Market, by Technology
- 1.4.5 North America RAN Intelligent Controller Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansions
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Jun – 2023, Jul) Leading Players
- 4.4 Porter’s Five Force Analysis
- Chapter 5. North America RAN Intelligent Controller Market by Function
- 5.1 North America Non-RT RIC Market by Country
- 5.2 North America Near-RT RIC Market by Country
- Chapter 6. North America RAN Intelligent Controller Market by Component
- 6.1 North America Platform Market by Country
- 6.2 North America Services Market by Country
- Chapter 7. North America RAN Intelligent Controller Market by Application
- 7.1 North America rApps Market by Country
- 7.2 North America xApps Market by Country
- Chapter 8. North America RAN Intelligent Controller Market by Technology
- 8.1 North America 4G Market by Country
- 8.2 North America 5G Market by Country
- Chapter 9. North America RAN Intelligent Controller Market by Country
- 9.1 US RAN Intelligent Controller Market
- 9.1.1 US RAN Intelligent Controller Market by Function
- 9.1.2 US RAN Intelligent Controller Market by Component
- 9.1.3 US RAN Intelligent Controller Market by Application
- 9.1.4 US RAN Intelligent Controller Market by Technology
- 9.2 Canada RAN Intelligent Controller Market
- 9.2.1 Canada RAN Intelligent Controller Market by Function
- 9.2.2 Canada RAN Intelligent Controller Market by Component
- 9.2.3 Canada RAN Intelligent Controller Market by Application
- 9.2.4 Canada RAN Intelligent Controller Market by Technology
- 9.3 Mexico RAN Intelligent Controller Market
- 9.3.1 Mexico RAN Intelligent Controller Market by Function
- 9.3.2 Mexico RAN Intelligent Controller Market by Component
- 9.3.3 Mexico RAN Intelligent Controller Market by Application
- 9.3.4 Mexico RAN Intelligent Controller Market by Technology
- 9.4 Rest of North America RAN Intelligent Controller Market
- 9.4.1 Rest of North America RAN Intelligent Controller Market by Function
- 9.4.2 Rest of North America RAN Intelligent Controller Market by Component
- 9.4.3 Rest of North America RAN Intelligent Controller Market by Application
- 9.4.4 Rest of North America RAN Intelligent Controller Market by Technology
- Chapter 10. Company Profiles
- 10.1 Nokia Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.6 SWOT Analysis
- 10.2 VMware, Inc.
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.6 SWOT Analysis
- 10.3 Intel Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.6 SWOT Analysis
- 10.4 Samsung Electronics Co., Ltd. (Samsung Group)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.6 SWOT Analysis
- 10.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 Cisco Systems, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.6 SWOT Analysis
- 10.7 ZTE Corporation
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.6 SWOT Analysis
- 10.8 NEC Corporation
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.5.2 Acquisition and Mergers:
- 10.8.6 SWOT Analysis
- 10.9 Juniper Networks, Inc.
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 SWOT Analysis
- 10.10. Telefonaktiebolaget LM Ericsson
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 Recent strategies and developments:
- 10.10.5.1 Partnerships, Collaborations, and Agreements:
- 10.10.5.2 Product Launches and Product Expansions:
- 10.10.5.3 Acquisition and Mergers:
- 10.10.5.4 Geographical Expansions:
- 10.10.6 SWOT Analysis
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.