PUBLISHER: Lucintel | PRODUCT CODE: 1417196
PUBLISHER: Lucintel | PRODUCT CODE: 1417196
The future of the global open radio access network market looks promising with opportunities in the greenfield and brownfield markets. The global open radio access network market is expected to reach an estimated $26.9 billion by 2030 with a CAGR of 60.5% from 2024 to 2030. The major drivers for this market are leveraging open RA for enhanced total cost of ownership (TCO) and return on investment (ROI) and reduced equipment expenses and enhanced network functionality.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global open radio access network by type, frequency, radio interface, network, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies open radio access network companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the open radio access network companies profiled in this report include-
Lucintel forecasts that open VRAN is expected to witness highest growth over the forecast period.
Within this market, brownfield will remain the largest segment.
North America is expected to witness highest growth over the forecast period.
Market Size Estimates: Open radio access network market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Open radio access network market by various segments, such as by type, frequency, radio interface, network and region in terms of($B).
Regional Analysis: Open radio access network market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different , type, frequency, radio interface, network, and regions for the open radio access network market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the open radio access network market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q.1 What is the open radio access network market size?
Answer: The global open radio access network market is expected to reach an estimated $26.9 billion by 2030.
Q.2 What is the growth forecast for open radio access network market?
Answer: The global open radio access network market is expected to grow with a CAGR of 60.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the open radio access network market?
Answer: The major drivers for this market are leveraging open RA for enhanced total cost of ownership (TCO) and return on investment (ROI) and reduced equipment expenses and enhanced network functionality.
Q4. What are the major segments for open radio access network market?
Answer: The future of the open radio access network market looks promising with opportunities in the greenfield and brownfield markets.
Q5. Who are the key open radio access network market companies?
Answer: Some of the key open radio access network companies are as follows.
Q6. Which open radio access network market segment will be the largest in future?
Answer: Lucintel forecasts that open VRAN is expected to witness highest growth over the forecast period.
Q7. In open radio access network 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.