According to the recent study the open radio access network market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 70% to 72% from 2023 to 2028. Growth in this market is primarily driven by increasing demand for high-speed internet wireless service along with lower cost of ownership of RAN networks.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in open radio access network market by component (hardware, software, and services), product type (open RAN RU and open VRAN), frequency (sub-6GHz and mmWave), radio interface (2G, 3G, 4G LTE, and 5G), access (public and private), network (greenfield and brownfield), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link https://www.lucintel.com/open-radio-access-network-market.aspx

“Open VRAN market is expected to remain the largest segment during the forecast period.”
Based on product type, the open radio access network market is segmented into open RAN RU and open VRAN. Lucintel forecasts that the open VRAN market is expected to remain the largest segment due to increasing deployment of open VRAN by mobile network operators as well as network service providers so as to reduce overall infrastructure costs and network complexities.
“Within the open radio access network market, the hardware segment is expected to remain the largest component”
Based on component the hardware segment is expected to witness the highest growth over the forecast period due to surge in number of online applications, such as virtual meeting applications, streaming of 3D and ultra HD content, cloud-based streaming services, and others combined with increasing demand of high-speed internet service.
“North America will dominate the open radio access network market in near future”
North America will remain the largest region due to increasing government initiative for deployment of 5G networks and growing penetration of internet, will drive the regional demand.
Download Brochure of this report by clicking on https://www.lucintel.com/open-radio-access-network-market.aspx
Major players of open radio access network market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Ericsson, Nokia, Samsung, NEC, Hewlett, Packard, and VMware are among the major open radio access network providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/open-radio-access-network-market.aspx or [email protected]