PUBLISHER: The Business Research Company | PRODUCT CODE: 1727885
PUBLISHER: The Business Research Company | PRODUCT CODE: 1727885
Open Radio Access Network (Open RAN) refers to a telecommunications framework that supports the use of open, interoperable interfaces and standards in the radio access network (RAN) infrastructure. Open RAN enhances the flexibility, cost-effectiveness, and innovation of mobile networks. It enables operators to integrate equipment and software from multiple vendors, improving network performance, accelerating 4G and 5G rollouts, and reducing dependence on a single vendor.
The primary components of Open RAN include Open RAN radio units and open virtualized radio access networks. An Open RAN radio unit (RU) is a hardware element within the Open RAN architecture that is responsible for transmitting and receiving radio frequency (RF) signals. These components include both hardware and software services, operating across various frequencies such as sub-6GHz and mmWave. The units consist of radio units, distributed units, and centralized units, which can be deployed in private, hybrid, or public cloud environments.
The open radio access network (RAN) market research report is one of a series of new reports from The Business Research Company that provides open radio access network (RAN) market statistics, including open radio access network (RAN) industry global market size, regional shares, competitors with an open radio access network (RAN) market share, detailed open radio access network (RAN) market segments, market trends and opportunities, and any further data you may need to thrive in the open radio access network (RAN) industry. This open radio access network (RAN) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The open radio access network (RAN) market size has grown exponentially in recent years. It will grow from $3.72 billion in 2024 to $5.06 billion in 2025 at a compound annual growth rate (CAGR) of 36.2%. The growth during the historic period can be attributed to the rising demand for network flexibility, increased cost efficiency, a surge in network virtualization, greater government support, and expanded connectivity in rural and remote areas.
The open radio access network (RAN) market size is expected to see exponential growth in the next few years. It will grow to $17.23 billion in 2029 at a compound annual growth rate (CAGR) of 35.8%. The growth during the forecast period can be attributed to rising data consumption, the expansion of smart manufacturing and Industry 4.0, an increasing need among organizations to simplify network management, and growing demand for consulting services, alongside rising smartphone penetration. Key trends in the forecast period include technological innovation, the proliferation of IoT devices and emerging technologies, advancements in artificial intelligence (AI) and machine learning (ML), a shift toward open standards, and continuous technological advancements.
The growing penetration of smartphones is expected to drive the growth of the open radio access network (RAN) market. The increase in smartphone usage is attributed to factors such as the affordability of devices, improved network infrastructure, technological advancements, the globalization of mobile services, increased availability in emerging markets, and higher digital literacy. Open RAN supports smartphone penetration by offering cost-effective, flexible, and scalable network solutions that help expand coverage, particularly in underserved areas, making smartphones more accessible to a broader population. For instance, according to a December 2023 report by Demandsage, the global number of smartphone users is expected to reach 7.10 billion in 2024 and grow to 7.70 billion by 2027. In the United States, the smartphone penetration rate is forecasted to increase to 82.20% in 2023, up from 76.50% in 2022. As a result, the increasing smartphone penetration is driving the expansion of the open RAN market.
Leading companies in the open RAN market are focusing on strategic investments to accelerate the adoption of Open RAN technologies, enhance their product portfolios, and foster partnerships for innovation. These investments help promote innovation, improve interoperability, lower deployment costs, scale solutions, and create a robust ecosystem that accelerates the adoption of flexible, multi-vendor networks. For example, in July 2024, EchoStar Corporation, a US-based telecommunications company, launched the Open RAN Center for Integration and Deployment (ORCID). This facility allows vendors to test and validate O-RAN solutions on EchoStar's live, commercial-grade, cloud-native Open RAN network. The initiative is supported by a $50 million grant from the NTIA Public Wireless Supply Chain Innovation Fund.
In June 2022, Qualcomm Technologies Inc., a US-based semiconductor and telecommunications equipment company, acquired Cellwize Wireless Technologies for an undisclosed amount. Through this acquisition, Qualcomm aims to strengthen its position in the wireless technology and semiconductor markets, enhance its portfolio of 5G and AI-enabled products, and expand its capabilities in providing advanced solutions for mobile, automotive, and IoT applications. Cellwize Wireless Technologies Pte Ltd., based in the US, specializes in offering open radio access network (Open RAN) solutions.
Major players in the open radio access network (RAN) market are Samsung Electronics Co. Ltd., Microsoft Corporation, Verizon Communications Inc., AT&T Inc., Deutsche Telekom AG, Dell Technologies Inc., HuaweiTech, Intel Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., Qualcomm Incorporated, Telefonica S.A., Broadcom Inc., Google LLC, Hewlett Packard Enterprise (HPE), Fujitsu Limited, Ericsson India Limited, Nokia Corporation, NEC Corporation, Advanced Micro Devices Inc. (AMD), VMware LLC, CommScope, Juniper Networks Inc., NTT Docomo Inc., Orange Group, Mavenir Systems Inc., Spirent Communications plc.
North America was the largest region in the open radio access network (RAN) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the open radio access network (RAN) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the open radio access network (RAN) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The open radio access network (RAN) market consists of revenues earned by entities by providing services such as network integration services, managed network services, and testing and validation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The open RAN market also includes sales of edge computing devices, remote radio units (RRUs), antennas, and radio heads. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Open Radio Access Network (RAN) Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on open radio access network (ran) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for open radio access network (ran) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The open radio access network (ran) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.