Global Open Radio Access Network (O-RAN) Market Size Expands at CAGR of 8.65% to Surpass USD 11 Billion by 2030
Global Open Radio Access Network (O-RAN) Market is flourishing due to the rising collaboration for technological advancements, an increasing emphasis on enhanced security, and a growing demand for spectrum efficiency.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Open Radio Access Network (O-RAN) Market size at USD 6,745.65 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Global Open Radio Access Network (O-RAN) Market size to expand at a CAGR of 8.65% reaching a value of USD 11,094.38 million by 2030. The Global Open Radio Access Network (O-RAN) Market is propelled by the increasing enhancement of operational efficiency, which serves to streamline processes for network operators. The alliance's specifications not only create a vibrant and competitive RAN supplier ecosystem but are also expected to boost the expansion of the market by fostering quicker innovations that significantly enhance the user experience. With O-RAN's flexibility, operators can selectively choose diverse hardware and software components, thereby driving the market growth during the forecast period. This approach not only leads to a reduction in implementation and maintenance costs but also intensifies competition, compelling vendors to lower prices and contributing to the overall adaptability of the ecosystem compared to traditional RAN architectures. Also, O-RAN's open standards play a pivotal role in enabling network customization, optimizing data speeds, service reliability, and the overall customer experience. The collaboration facilitated by O-RAN between equipment providers and network operators is expected to expedite the deployment of new features and services, fostering ongoing innovation in the market. The alliance's continuous standardization efforts are crucial for ensuring the seamless integration of components from diverse vendors, further enhancing the overall reliability of the network. Addressing evolving security concerns is pivotal in fortifying the security of O-RAN networks and protecting customer data, solidifying O-RAN's standing as a transformative force in the dynamic telecommunications landscape.
Opportunity – Cloud-native Radio Access Network (RAN)
The ascent of Open RAN platforms, fueled by the decline in Total Cost of Ownership (TCO), presents a substantial growth opportunity for the Global Open Radio Access Network (O-RAN) Market, particularly propelled by the advent of "Cloud-Native RAN." Open interfaces emerge as a crucial driver for achieving a robust Return on Investment (RoI). Lowered entry barriers and the capability for operators to seamlessly integrate network components from diverse suppliers contribute to a less fiercely competitive pricing landscape. The transformative influence, akin to advancements in the enterprise and carrier Wi-Fi sector, extends its reach into cellular networks, fostering considerable interest in common reference platforms that reduce costs associated with sophisticated elements like radios. With cloud-native RAN, software-based network operations on commercial off-the-shelf servers become feasible, creating an environment conducive to flexibility, healthy competition, and innovation, thereby enhancing the growth prospects of the Global O-RAN Market.
Impact of Escalating Geopolitical Tensions on Global Open Radio Access Network (O-RAN) Market
The Global Open Radio Access Network (O-RAN) Market is impacted by geopolitical tensions in several ways. The escalating rivalry between the United States and China has introduced complexities that reverberate across the O-RAN landscape. Disruptions in O-RAN equipment production and delivery, a direct consequence of these tensions, have created substantial delays, impeding the seamless expansion of networks. Economic uncertainties stemming from the geopolitical climate have prompted thorough reassessments by telecommunications firms. Consequently, these strategic evaluations have led to adjustments in deployment plans and shifts in adoption rates across various regions, collectively exerting a noticeable influence on the overall growth trajectory of the Global O-RAN Market.
In the midst of these challenges, the pivotal role of 5G technology emerges, accentuating its geopolitical significance. Notably, Gulf nations, such as Saudi Arabia, the UAE, and Qatar, are strategically positioning themselves in response to this geopolitical landscape, making significant investments in O-RAN initiatives. As the United States spearheads campaigns against China's tech giant Huawei, the Gulf states adeptly navigate this delicate balance by embracing O-RAN as a critical middle ground. This strategic maneuver empowers Gulf countries to diversify their 5G networks, effectively mitigating risks linked to geopolitical rivalries. The Gulf countries’ proactive stance not only signifies a pursuit of autonomy in the tech Cold War but also establishes a groundbreaking precedent for global responses to the ever-evolving dynamics of great power competition within the advanced telecommunications sphere.
Global Open Radio Access Network (O-RAN) Market
Segmental Information
Global Open Radio Access Network (O-RAN) Market – By Network
By network, the Global Open Radio Access Network (O-RAN) Market is divided into 2G/3G, 4G, and 5G segments. The 5G segment is expected to dominate the Global Open Radio Access Network (O-RAN) Market by network during the forecast period. A considerable emphasis is being placed by network operators and telecom equipment providers on establishing a resilient 5G ecosystem. The majority of countries have already rolled out 5G networks. The transition from 4G to 5G networks is compelling open RAN network operators and providers Open RAN offers enhanced flexibility in the deployment and management of 5G networks, allowing operators to leverage virtualized components from various vendors, fostering competition and innovation. It mitigates costs by avoiding vendor lock-in and expensive proprietary hardware/software. Open RAN's support for new entrants encourages the development of solutions that enhance network performance. Standardization initiatives led by organizations like the O-RAN Alliance ensure equipment compatibility among vendors, promoting uniformity across 5G networks. Additionally, O-RAN outlines synchronization architectures to efficiently meet network operational requirements. to embrace 5G networks, thereby fueling the growth of the 5G network segment.
Global Open Radio Access Network (O-RAN) Market – By Region
The in-depth research report on the Global Open Radio Access Network (O-RAN) Market covers the market in a number of major countries across five regions: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America holds the highest market share and is expected to maintain its dominance during the forecast period. The region's advanced economic structure, substantial dependence on service and manufacturing sectors, and its technologically progressive landscape, incorporating trends such as 5G, hybrid cloud, AI, machine learning (ML), big data analytics, and cloud applications, contribute significantly to its growth. Additionally, North America hosts several leading market players, including Altiostar Networks, Inc., Casa Systems, Inc., HRMavenir Systems, Inc., VMware, Inc., and AT&T Inc.
Competitive Landscape
The Global Open Radio Access Network (O-RAN) Market is fragmented, with numerous players serving the market. The key players dominating the Global Open Radio Access Network (O-RAN) Market include Ericsson, Nokia, Samsung Electronics, NEC Corporation, Hewlett Packard Enterprise, VMware, Fujitsu, Mavenir, Altiostar, Casa Systems, Rakuten Mobile, Parallel Wireless, and VIAVI Solutions. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the Global Open Radio Access Network (O-RAN) Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Open Radio Access Network (O-RAN) Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Global Open Radio Access Network (O-RAN) Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.2. Drivers
- 3.2.2.1. Collaboration and rapid development of new features and technologies.
- 3.2.2.2. Enhanced Security
- 3.2.2.3. Spectrum Efficiency
- 3.2.3. Restraints
- 3.2.3.1. Talent Shortage
- 3.2.3.2. Uncertainties around Long-term Benefits
- 3.2.4. Opportunities
- 3.2.4.1. New Emerging Markets
- 3.2.4.2. Cloud-Native RAN
- 3.2.5. Challenges
- 3.2.5.1. Immature Ecosystem
- 3.2.5.2. Integration Complexity
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Global Open Radio Access Network (O-RAN) Market Overview
- 4.1. Market Size & Forecast, 2019–2030
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share and Forecast
- 4.2.1. By Component
- 4.2.1.1. Hardware
- 4.2.1.2. Software
- 4.2.1.3. Services
- 4.2.1.3.1. Consulting
- 4.2.1.3.2. Deployment & Implementation
- 4.2.1.3.3. Support and Maintenance
- 4.2.2. By Unit
- 4.2.2.1. Radio Unit
- 4.2.2.2. Distributed Unit
- 4.2.2.3. Centralized Unit
- 4.2.3. By Deployment Mode
- 4.2.3.1. Private
- 4.2.3.2. Hybrid Cloud
- 4.2.3.3. Public Cloud
- 4.2.4. By Network
- 4.2.4.1. 2G/3G
- 4.2.4.2. 4G
- 4.2.4.3. 5G
- 4.2.5. By Frequency
- 4.2.5.1. Sub-6 GHz
- 4.2.5.2. mmWave
- 4.2.6. By Region
- 4.2.6.1. North America
- 4.2.6.2. Europe
- 4.2.6.3. Asia Pacific (APAC)
- 4.2.6.4. Latin America (LATAM)
- 4.2.6.5. Middle East and Africa (MEA)
- 5. North America Open Radio Access Network (O-RAN) Market
- 5.1. Market Size & Forecast, 2019–2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Component
- 5.2.2. By Unit
- 5.2.3. By Deployment Mode
- 5.2.4. By Network
- 5.2.5. By Frequency
- 5.2.6. By Country
- 5.2.6.1. United States
- 5.2.6.1.1. By Component
- 5.2.6.1.2. By Unit
- 5.2.6.1.3. By Deployment Mode
- 5.2.6.1.4. By Network
- 5.2.6.1.5. By Frequency
- 5.2.6.2. Canada
- 5.2.6.2.1. By Component
- 5.2.6.2.2. By Unit
- 5.2.6.2.3. By Deployment Mode
- 5.2.6.2.4. By Network
- 5.2.6.2.5. By Frequency
- 6. Europe Open Radio Access Network (O-RAN) Market
- 6.1. Market Size & Forecast, 2019–2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Component
- 6.2.2. By Unit
- 6.2.3. By Deployment Mode
- 6.2.4. By Network
- 6.2.5. By Frequency
- 6.2.6. By Country
- 6.2.6.1. Germany
- 6.2.6.1.1. By Component
- 6.2.6.1.2. By Unit
- 6.2.6.1.3. By Deployment Mode
- 6.2.6.1.4. By Network
- 6.2.6.1.5. By Frequency
- 6.2.6.2. United Kingdom
- 6.2.6.2.1. By Component
- 6.2.6.2.2. By Unit
- 6.2.6.2.3. By Deployment Mode
- 6.2.6.2.4. By Network
- 6.2.6.2.5. By Frequency
- 6.2.6.3. Italy
- 6.2.6.3.1. By Component
- 6.2.6.3.2. By Unit
- 6.2.6.3.3. By Deployment Mode
- 6.2.6.3.4. By Network
- 6.2.6.3.5. By Frequency
- 6.2.6.4. France
- 6.2.6.4.1. By Component
- 6.2.6.4.2. By Unit
- 6.2.6.4.3. By Deployment Mode
- 6.2.6.4.4. By Network
- 6.2.6.4.5. By Frequency
- 6.2.6.5. Spain
- 6.2.6.5.1. By Component
- 6.2.6.5.2. By Unit
- 6.2.6.5.3. By Deployment Mode
- 6.2.6.5.4. By Network
- 6.2.6.5.5. By Frequency
- 6.2.6.6. Belgium
- 6.2.6.6.1. By Component
- 6.2.6.6.2. By Unit
- 6.2.6.6.3. By Deployment Mode
- 6.2.6.6.4. By Network
- 6.2.6.6.5. By Frequency
- 6.2.6.7. Russia
- 6.2.6.7.1. By Component
- 6.2.6.7.2. By Unit
- 6.2.6.7.3. By Deployment Mode
- 6.2.6.7.4. By Network
- 6.2.6.7.5. By Frequency
- 6.2.6.8. The Netherlands
- 6.2.6.8.1. By Component
- 6.2.6.8.2. By Unit
- 6.2.6.8.3. By Deployment Mode
- 6.2.6.8.4. By Network
- 6.2.6.8.5. By Frequency
- 6.2.6.9. Rest of Europe
- 6.2.6.9.1. By Component
- 6.2.6.9.2. By Unit
- 6.2.6.9.3. By Deployment Mode
- 6.2.6.9.4. By Network
- 6.2.6.9.5. By Frequency
- 7. Asia Pacific Open Radio Access Network (O-RAN) Market
- 7.1. Market Size & Forecast, 2019–2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Component
- 7.2.2. By Unit
- 7.2.3. By Deployment Mode
- 7.2.4. By Network
- 7.2.5. By Frequency
- 7.2.6. By Country
- 7.2.6.1. China
- 7.2.6.1.1. By Component
- 7.2.6.1.2. By Unit
- 7.2.6.1.3. By Deployment Mode
- 7.2.6.1.4. By Network
- 7.2.6.1.5. By Frequency
- 7.2.6.2. India
- 7.2.6.2.1. By Component
- 7.2.6.2.2. By Unit
- 7.2.6.2.3. By Deployment Mode
- 7.2.6.2.4. By Network
- 7.2.6.2.5. By Frequency
- 7.2.6.3. Japan
- 7.2.6.3.1. By Component
- 7.2.6.3.2. By Unit
- 7.2.6.3.3. By Deployment Mode
- 7.2.6.3.4. By Network
- 7.2.6.3.5. By Frequency
- 7.2.6.4. South Korea
- 7.2.6.4.1. By Component
- 7.2.6.4.2. By Unit
- 7.2.6.4.3. By Deployment Mode
- 7.2.6.4.4. By Network
- 7.2.6.4.5. By Frequency
- 7.2.6.5. Australia & New Zealand
- 7.2.6.5.1. By Component
- 7.2.6.5.2. By Unit
- 7.2.6.5.3. By Deployment Mode
- 7.2.6.5.4. By Network
- 7.2.6.5.5. By Frequency
- 7.2.6.6. Indonesia
- 7.2.6.6.1. By Component
- 7.2.6.6.2. By Unit
- 7.2.6.6.3. By Deployment Mode
- 7.2.6.6.4. By Network
- 7.2.6.6.5. By Frequency
- 7.2.6.7. Malaysia
- 7.2.6.7.1. By Component
- 7.2.6.7.2. By Unit
- 7.2.6.7.3. By Deployment Mode
- 7.2.6.7.4. By Network
- 7.2.6.7.5. By Frequency
- 7.2.6.8. Singapore
- 7.2.6.8.1. By Component
- 7.2.6.8.2. By Unit
- 7.2.6.8.3. By Deployment Mode
- 7.2.6.8.4. By Network
- 7.2.6.8.5. By Frequency
- 7.2.6.9. Vietnam
- 7.2.6.9.1. By Component
- 7.2.6.9.2. By Unit
- 7.2.6.9.3. By Deployment Mode
- 7.2.6.9.4. By Network
- 7.2.6.9.5. By Frequency
- 7.2.6.10. Rest of APAC
- 7.2.6.10.1. By Component
- 7.2.6.10.2. By Unit
- 7.2.6.10.3. By Deployment Mode
- 7.2.6.10.4. By Network
- 7.2.6.10.5. By Frequency
- 8. Latin America Open Radio Access Network (O-RAN) Market
- 8.1. Market Size & Forecast, 2019–2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1.1. By Component
- 8.2.1.2. By Unit
- 8.2.1.3. By Deployment Mode
- 8.2.1.4. By Network
- 8.2.1.5. By Frequency
- 8.2.2. By Country
- 8.2.2.1. Brazil
- 8.2.2.1.1. By Component
- 8.2.2.1.2. By Unit
- 8.2.2.1.3. By Deployment Mode
- 8.2.2.1.4. By Network
- 8.2.2.1.5. By Frequency
- 8.2.2.2. Mexico
- 8.2.2.2.1. By Component
- 8.2.2.2.2. By Unit
- 8.2.2.2.3. By Deployment Mode
- 8.2.2.2.4. By Network
- 8.2.2.2.5. By Frequency
- 8.2.2.3. Argentina
- 8.2.2.3.1. By Component
- 8.2.2.3.2. By Unit
- 8.2.2.3.3. By Deployment Mode
- 8.2.2.3.4. By Network
- 8.2.2.3.5. By Frequency
- 8.2.2.4. Peru
- 8.2.2.4.1. By Component
- 8.2.2.4.2. By Unit
- 8.2.2.4.3. By Deployment Mode
- 8.2.2.4.4. By Network
- 8.2.2.4.5. By Frequency
- 8.2.2.5. Rest of LATAM
- 8.2.2.5.1. By Component
- 8.2.2.5.2. By Unit
- 8.2.2.5.3. By Deployment Mode
- 8.2.2.5.4. By Network
- 8.2.2.5.5. By Frequency
- 9. Middle East & Africa Open Radio Access Network (O-RAN) Market
- 9.1. Market Size & Forecast, 2019–2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Component
- 9.2.2. By Unit
- 9.2.3. By Deployment Mode
- 9.2.4. By Network
- 9.2.5. By Frequency
- 9.2.6. By Country
- 9.2.6.1. Saudi Arabia
- 9.2.6.1.1. By Component
- 9.2.6.1.2. By Unit
- 9.2.6.1.3. By Deployment Mode
- 9.2.6.1.4. By Network
- 9.2.6.1.5. By Frequency
- 9.2.6.2. UAE
- 9.2.6.2.1. By Component
- 9.2.6.2.2. By Unit
- 9.2.6.2.3. By Deployment Mode
- 9.2.6.2.4. By Network
- 9.2.6.2.5. By Frequency
- 9.2.6.3. Qatar
- 9.2.6.3.1. By Component
- 9.2.6.3.2. By Unit
- 9.2.6.3.3. By Deployment Mode
- 9.2.6.3.4. By Network
- 9.2.6.3.5. By Frequency
- 9.2.6.4. Kuwait
- 9.2.6.4.1. By Component
- 9.2.6.4.2. By Unit
- 9.2.6.4.3. By Deployment Mode
- 9.2.6.4.4. By Network
- 9.2.6.4.5. By Frequency
- 9.2.6.5. South Africa
- 9.2.6.5.1. By Component
- 9.2.6.5.2. By Unit
- 9.2.6.5.3. By Deployment Mode
- 9.2.6.5.4. By Network
- 9.2.6.5.5. By Frequency
- 9.2.6.6. Nigeria
- 9.2.6.6.1. By Component
- 9.2.6.6.2. By Unit
- 9.2.6.6.3. By Deployment Mode
- 9.2.6.6.4. By Network
- 9.2.6.6.5. By Frequency
- 9.2.6.7. Algeria
- 9.2.6.7.1. By Component
- 9.2.6.7.2. By Unit
- 9.2.6.7.3. By Deployment Mode
- 9.2.6.7.4. By Network
- 9.2.6.7.5. By Frequency
- 9.2.6.8. Rest of MEA
- 9.2.6.8.1. By Component
- 9.2.6.8.2. By Unit
- 9.2.6.8.3. By Deployment Mode
- 9.2.6.8.4. By Network
- 9.2.6.8.5. By Frequency
- 10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. Global Open Radio Access Network (O-RAN) Market Share Analysis, 2022
- 10.3. Competitive Benchmarking, By Operating Parameters
- 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 11. Impact of Escalating Geopolitical Tensions on Global Open Radio Access Network (O-RAN) Market
- 12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 12.1. Ericsson
- 12.2. Nokia
- 12.3. Samsung Electronics
- 12.4. NEC Corporation
- 12.5. Hewlett Packard Enterprise
- 12.6. VMware
- 12.7. Fujitsu
- 12.8. Mavenir
- 12.9. Altiostar
- 12.10. Casa Systems
- 12.11. Rakuten Mobile
- 12.12. Parallel Wireless
- 12.13. VIAVI Solutions
- 12.14. Other Prominent Players
- 13. Key Strategic Recommendations
- 14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumptions & Limitations
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