Global Virtualized Radio Access Network (vRAN) Supply, Demand and Key Producers, 2023-2029
The global Virtualized Radio Access Network (vRAN) market size is expected to reach $ 6799.1 million by 2029, rising at a market growth of 19.3% CAGR during the forecast period (2023-2029).
Global key producers of virtualized radio access networks (vRAN) include Samsung, Nokia, NEC and others. The top three producers together account for more than 60% of the share, with the largest producer being Samsung at 26%. North America has the largest consumption market, with a 36% share. In terms of its product categories, software holds the largest market share, with a share of about 55%, followed by platforms. In terms of its applications, indoor base stations hold about 77% of the market share, while outdoor base stations account for a smaller share.
Virtualized radio access networks (vRANs) are a way for telecommunications operators to run their baseband functions as software. One of the primary benefits of virtualizing radio access networks (RANs) is that RAN functions no longer require special proprietary hardware to run, and can instead be run on standard servers. This is achieved by applying the principles of virtualization to RAN, and is usually one part of a larger network function virtualization (NFV) effort.
This report studies the global Virtualized Radio Access Network (vRAN) demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Virtualized Radio Access Network (vRAN), and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Virtualized Radio Access Network (vRAN) that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Virtualized Radio Access Network (vRAN) total market, 2018-2029, (USD Million)
Global Virtualized Radio Access Network (vRAN) total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Virtualized Radio Access Network (vRAN) total market, key domestic companies and share, (USD Million)
Global Virtualized Radio Access Network (vRAN) revenue by player and market share 2018-2023, (USD Million)
Global Virtualized Radio Access Network (vRAN) total market by Type, CAGR, 2018-2029, (USD Million)
Global Virtualized Radio Access Network (vRAN) total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Virtualized Radio Access Network (vRAN) market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung, Nokia, NEC, Wind River, Altiostar (Rakuten), Amdocs, ASOCS, Dell EMC and Airspan, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Virtualized Radio Access Network (vRAN) market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Virtualized Radio Access Network (vRAN) Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Virtualized Radio Access Network (vRAN) Market, Segmentation by Type
Software
Platform
Servers
Global Virtualized Radio Access Network (vRAN) Market, Segmentation by Application
Indoor Base Station
Outdoor Base Station
Companies Profiled:
Samsung
Nokia
NEC
Wind River
Altiostar (Rakuten)
Amdocs
ASOCS
Dell EMC
Airspan
Parallel Wireless
Key Questions Answered
1. How big is the global Virtualized Radio Access Network (vRAN) market?
2. What is the demand of the global Virtualized Radio Access Network (vRAN) market?
3. What is the year over year growth of the global Virtualized Radio Access Network (vRAN) market?
4. What is the total value of the global Virtualized Radio Access Network (vRAN) market?
5. Who are the major players in the global Virtualized Radio Access Network (vRAN) market?
6. What are the growth factors driving the market demand?