Open Ran Market Report: Trends, Forecast and Competitive Analysis to 2030

Open Ran Trends and Forecast

The future of the global open RAN market looks promising with opportunities in the open RAN RU and open VRAN markets. The global open RAN market is expected to reach an estimated $20.9 billion by 2030 with a CAGR of 50.4% from 2024 to 2030. The major drivers for this market are growing adoption 5G based technology and rising demand for this technology from mobile carriers.

A more than 150-page report is developed to help in your business decisions.

Open Ran by Segment

The study includes a forecast for the global open RAN by type, frequency, access, radio interface, and region.

Open Ran Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Open RAN RU
• Open VRAN

Open Ran Market by Frequency [Shipment Analysis by Value from 2018 to 2030]:

• Sub-6GHz
• mmWave

Open Ran Market by Access [Shipment Analysis by Value from 2018 to 2030]:

• Public
• Private

Open Ran Market by Radio Interface [Shipment Analysis by Value from 2018 to 2030]:

• 2G, 3G
• 4G LTE
• 5G

Open Ran Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Open Ran Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies open RAN companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the open RAN companies profiled in this report include-

• Samsung Electronics
• Hewlett Packard Enterprise
• Fujitsu
• Nokia
• NEC

Open Ran Market Insights

Lucintel forecasts that public is expected to witness the higher growth over the forecast period.

Within this market, open RAN ru is expected to witness the higher growth over the forecast period.

North America is expected to witness highest growth over the forecast period.

Features of the Global Open Ran Market

Market Size Estimates: Open RAN market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Open RAN market size by various segments, such as by type, frequency, access, radio interface, and region in terms of value ($B).

Regional Analysis: Open RAN market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, frequencies, accesses, radio interfaces, and regions for the open RAN market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the open RAN market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the open RAN market size?

Answer: The global open RAN market is expected to reach an estimated $20.9 billion by 2030.

Q2. What is the growth forecast for open RAN market?

Answer: The global open RAN market is expected to grow with a CAGR of 50.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the open RAN market?

Answer: The major drivers for this market are growing adoption 5G based technology and rising demand for this technology from mobile carriers.

Q4. What are the major segments for open RAN market?

Answer: The future of the open RAN market looks promising with opportunities in the open RAN RU and open VRAN markets.

Q5. Who are the key open RAN market companies?

Answer: Some of the key open RAN companies are as follows.

• Samsung Electronics
• Hewlett Packard Enterprise
• Fujitsu
• Nokia
• NEC

Q6. Which open RAN market segment will be the largest in future?

Answer: Lucintel forecasts that public is expected to witness the higher growth over the forecast period.

Q7. In open RAN market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the open RAN market by type (open RAN RU and open VRAN), frequency (sub-6GHz and mmWave), access (public and private), radio interface (2G, 3G, 4G LTE, and 5G), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?