Global Open vRAN Market Growth (Status and Outlook) 2024-2030

Global Open vRAN Market Growth (Status and Outlook) 2024-2030

vRAN deployment uses ready-made hardware to install DU and CU, but proprietary interfaces and software from a single vendor can still be used. OpenRAN is defined by an open interface that allows multiple vendors to provide software and hardware for RAN, but OpenRAN is not necessarily virtualized. Open vRAN combines the advantages of both - complete virtualization and compliance with open interfaces.

The global Open vRAN market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Open vRAN Industry Forecast” looks at past sales and reviews total world Open vRAN sales in 2022, providing a comprehensive analysis by region and market sector of projected Open vRAN sales for 2023 through 2029. With Open vRAN sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Open vRAN industry.

This Insight Report provides a comprehensive analysis of the global Open vRAN landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Open vRAN portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Open vRAN market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Open vRAN and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Open vRAN.

United States market for Open vRAN is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Open vRAN is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Open vRAN is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Open vRAN players cover Mavenir, NEC, Samsung, Fujitsu, Qualcomm, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Open vRAN market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hardware
Software and Services

Segmentation by Application:
Indoor Base Station
Outdoor Base Station

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Hardware
Software and Services

Segmentation by Application:
Indoor Base Station
Outdoor Base Station

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mavenir
NEC
Samsung
Fujitsu
Qualcomm

Please note: The report will take approximately 2 business days to prepare and deliver.