Product Code: GVR-4-68040-117-3
Open RAN Market Growth & Trends:
The global open RAN market size is estimated to reach USD 20.41 billion by 2030, registering a CAGR of 25.6% from 2025 to 2030, according to a new report by Grand View Research, Inc. An open radio access network (O-RAN or Open RAN) is a concept based on the standardization and interoperability of RAN elements, including open-source software elements and a unified interconnection standard for white-box hardware from various vendors. Increasing adoption of open RAN hardware and software owing to their numerous benefits, such as improved network performance, lower equipment costs, improved security, and network flexibility, is a major factor driving the growth of the market.
In addition, the increasing commercialization of 5G services and demand for O-RAN from mobile operators are further driving the market's growth. The O-RAN technology and architecture reduce mobile network deployment and maintenance costs by encouraging competition among vendors and streamlining network management. It also reduces the need for costly proprietary hardware and enables operators to source components from multiple vendors. This multi-vendor ecosystem ultimately saves costs and enhances network resiliency. Furthermore, open RAN is transforming the telecommunications industry by incorporating modern cloud and software technologies, ultimately propelling the market's growth.
Furthermore, the robust deployment of a 5G radio access network with several macrocells and small cell base stations and the introduction of open RAN components by several players worldwide is propelling the growth of the market. For instance, in October 2022, Vodafone Group Plc and Qualcomm Technologies, Inc. announced their partnership to develop, integrate, and test next-generation 5G radio units (RU) and distributed units (DUs) with Massive MIMO capabilities to meet the demands of the modern networks and to provide the commercial deployment of O-RAN in Europe.The growing demand for low latency and high-speed bandwidth connection and the increased focus of major organizations on research and development activities are some of the factors boosting the market growth.
In addition, the increasing deployment of 5G open RAN and core equipment across numerous applications, such as remote surgeries, smart cities, industrial robotics, enterprises, wireless cameras, and autonomous vehicles is further driving the growth of the market. The global deployment of O-RAN faced substantial delays during the COVID-19 pandemic due to factors, such as reduced network infrastructure spending and a limited workforce. Telecom providers prioritized focused capacity coverage rather than large-scale deployments due to the scarcity of investments and resources. However, post-pandemic, owing to the growing digital transformation & demand for 5G services, countries and companies are eagerly investing in integrating and developing O-RAN technology into their telecommunications infrastructure. This, in turn, is expected to improve the market growth.
Open RAN Market Report Highlights:
- The services segment is expected to register the fastest CAGR over the forecast period due to the growing demand for specialized expertise and support in managing & deploying O-RAN infrastructure
- The radio unit (RU) segment dominated the market in 2024. In the O-RAN infrastructure, RU handles the physical radio functions and connects to the user equipment
- The public cloud segment accounted for the significant market share in 2024. High demand for cloud-native O-RAN architecture, as it provides flexibility, security, and scalability to networks,supports the segment's growth
- In 2024, the 5G network segment held the largest revnue share in the global market. There is an increasing development of virtualized 5G RAN solutions for communication service providers (CSPs) as it offers improved flexibility and operational efficiency to fulfill the demands of their 5G customers
- The mmWave segment is expected to grow at the significant CAGR during the forecast period. The growing demand for low-latency and high-speed wireless communications is driving the adoption of mmWave frequencies in the market
- Asia Pacific is expected to grow at the significant CAGR over the forecast period, due to the vast presence of O-RAN hardware and software providers and the growing market for IT and telecommunications in countries, such as China India, and Japan.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Open RAN Network Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Open RAN Network Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
- 3.3.2.4. Pain Point Analysis
Chapter 4. Open RAN Network: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Open RAN Network: Component Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 4.5. Services
- 4.5.1. Services Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million
- 4.5.2. Consulting
- 4.5.2.1. Consulting Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 4.5.3. Deployment and Implementation
- 4.5.3.1. Deployment and Implementation Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 4.5.4. Support and Maintenance
- 4.5.4.1. Support and Maintenance Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
Chapter 5. Open RAN Network: Unit Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Open RAN Network: Unit Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Radio Unit
- 5.3.1. Radio Unit Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 5.4. Distribution Unit
- 5.4.1. Distribution Unit Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 5.5. Centralized Unit
- 5.5.1. Centralized Unit Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
Chapter 6. Open RAN Network: Deployment Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Open RAN Network: Deployment Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Private
- 6.3.1. Private Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 6.4. Hybrid Cloud
- 6.4.1. Hybrid Cloud Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 6.5. Public Cloud
- 6.5.1. Public Cloud Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
Chapter 7. Open RAN Network: Network Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Open RAN Network: Network Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. 2G/3G
- 7.3.1. 2G/3G Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 7.4. 4G
- 7.4.1. 4G Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 7.5. 5G
- 7.5.1. 5G Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
Chapter 8. Open RAN Network: Frequency Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Open RAN Network: Frequency Movement Analysis, 2024 & 2030 (USD Million)
- 8.3. Sub-6 GHz
- 8.3.1. 2G/3G Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
- 8.4. mmWave
- 8.4.1. 4G Market Revenue Estimates and Forecasts, 2019 - 2030 (USD Million)
Chapter 9. Open RAN Network: Regional Estimates & Trend Analysis
- 9.1. Open RAN Network Share, By Region, 2024 & 2030 (USD Million)
- 9.2. North America
- 9.2.1. North America Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.2.2. U.S.
- 9.2.2.1. U.S. Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.2.3. Canada
- 9.2.3.1. Canada Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.3. Europe
- 9.3.1. Europe Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.3.2. UK
- 9.3.2.1. UK Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.3.3. Germany
- 9.3.3.1. Germany Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.3.4. France
- 9.3.4.1. France Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.3.5. Italy
- 9.3.5.1. Italy Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.4.2. India
- 9.4.2.1. India Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.4.3. Japan
- 9.4.3.1. Japan Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.4.4. Australia
- 9.4.4.1. Australia Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.4.5. South Korea
- 9.4.5.1. South Korea Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.4.6. Malaysia
- 9.4.6.1. Malaysia Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.5. Latin America
- 9.5.1. Latin America Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.5.2. Brazil
- 9.5.2.1. Brazil Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.5.3. Mexico
- 9.5.3.1. Mexico Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.6. Middle East and Africa
- 9.6.1. Middle East and Africa Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.6.2. KSA
- 9.6.2.1. KSA Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.6.3. UAE
- 9.6.3.1. UAE Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
- 9.6.4. South Africa
- 9.6.4.1. South Africa Open RAN Network Estimates and Forecasts, 2019 - 2030 (USD Million)
Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Company Market Positioning
- 10.3. Company Heat Map Analysis
- 10.4. Company Profiles/Listing
- 10.4.1. Mavenir
- 10.4.1.1. Participant's Overview
- 10.4.1.2. Financial Performance
- 10.4.1.3. Product Benchmarking
- 10.4.1.4. Strategic Initiatives
- 10.4.2. NEC Corporation
- 10.4.2.1. Participant's Overview
- 10.4.2.2. Financial Performance
- 10.4.2.3. Product Benchmarking
- 10.4.2.4. Strategic Initiatives
- 10.4.3. Fujitsu Limited
- 10.4.3.1. Participant's Overview
- 10.4.3.2. Financial Performance
- 10.4.3.3. Product Benchmarking
- 10.4.3.4. Strategic Initiatives
- 10.4.4. Nokia Corporation
- 10.4.4.1. Participant's Overview
- 10.4.4.2. Financial Performance
- 10.4.4.3. Product Benchmarking
- 10.4.4.4. Strategic Initiatives
- 10.4.5. Samsung Electronics Co., Ltd.
- 10.4.5.1. Participant's Overview
- 10.4.5.2. Financial Performance
- 10.4.5.3. Product Benchmarking
- 10.4.5.4. Strategic Initiatives
- 10.4.6. Radisys Corporation (Reliance Industries)
- 10.4.6.1. Participant's Overview
- 10.4.6.2. Financial Performance
- 10.4.6.3. Product Benchmarking
- 10.4.6.4. Strategic Initiatives
- 10.4.7. Parallel Wireless
- 10.4.7.1. Participant's Overview
- 10.4.7.2. Financial Performance
- 10.4.7.3. Product Benchmarking
- 10.4.7.4. Strategic Initiatives
- 10.4.8. ZTE Corporation
- 10.4.8.1. Participant's Overview
- 10.4.8.2. Financial Performance
- 10.4.8.3. Product Benchmarking
- 10.4.8.4. Strategic Initiatives
- 10.4.9. AT&T Inc.
- 10.4.9.1. Participant's Overview
- 10.4.9.2. Financial Performance
- 10.4.9.3. Product Benchmarking
- 10.4.9.4. Strategic Initiatives
- 10.4.10. Casa Systems, Inc.
- 10.4.10.1. Participant's Overview
- 10.4.10.2. Financial Performance
- 10.4.10.3. Product Benchmarking
- 10.4.10.4. Strategic Initiatives