Lucintel's latest market report analyzed that open radio access network provides attractive opportunities in the 2G, 3G, 4G LTE, and 5G networks. The open radio access network market is expected to reach $XX billion by 2028 with a CAGR of 70% to 72%. In this market, open VRAN is the largest segment by product type, whereas hardware is largest by component.
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Based on product type, the open radio access network market is segmented into open RAN RU and open VRAN. The open VRAN segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, 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.
Browse in-depth TOC on “Open Radio Access Network Market”
XX – Tables
XX – Figures
150 – Pages
The Open Radio Access Network Market is marked by the presence of several big and small players. Some of the prominent players offering open radio access network include Ericsson, Nokia, Samsung, NEC, Hewlett, Packard, and VMware.
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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 [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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