North America 5G Radio Access Network Market Size, Share & Trends Analysis Report By Deployment (Outdoor and Indoor), By Component, By Architecture Type (CRAN, ORAN, and VRAN), By End Use, By Country and Growth Forecast, 2024 - 2031

North America 5G Radio Access Network Market Size, Share & Trends Analysis Report By Deployment (Outdoor and Indoor), By Component, By Architecture Type (CRAN, ORAN, and VRAN), By End Use, By Country and Growth Forecast, 2024 - 2031


The North America 5G Radio Access Network Market would witness market growth of 17.2% CAGR during the forecast period (2024-2031).

The US market dominated the North America 5G Radio Access Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $12,787.5 million by 2031. The Canada market is experiencing a CAGR of 17.7% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 18.1% during (2024 - 2031).

This market represents a critical component in the rapidly evolving telecommunication industry, driven by the ongoing rollout of 5G technology. The transition from 4G to 5G has marked a significant technological leap, promising faster speeds, lower latency, and enhanced connectivity. A key part of this transformation is the network, which enables the connection between user devices and the core network.

Furthermore, the 5G radio access network (RAN) is designed to support various applications across various sectors by providing ultra-high-speed connectivity, low latency, and support for many connected devices. The most visible and widespread application of 5G RAN is the provision of enhanced mobile broadband. With 5G, consumers are experiencing speeds far exceeding those offered by 4G networks, supporting bandwidth-intensive applications such as 4K and 8K video streaming, immersive virtual reality (VR) and augmented reality (AR) experiences, and ultra-high-definition gaming.

Canada's telecommunication sector has seen remarkable advancements, particularly in the accessibility and adoption of high-speed networks. As of 2022, 99.5% of Canadians had access to LTE networks, while 91.3% had access to 5G networks. This widespread availability of advanced network infrastructure underscores Canada's commitment to providing cutting-edge telecommunications services to its population. Furthermore, Mexico's telecommunications sector has consistently outpaced the overall economy's growth, driven by the rapid expansion of mobile telephones, broadband services, and broadcasting. In 2022, Mexico had over 130 million active wireless lines, with more than 113 million having internet access. The number of active wireless lines is expected to surpass 138 million by the end of 2023, indicating a robust growth trajectory. This significant increase in wireless lines and internet accessibility highlights Mexico's growing demand for advanced telecommunication services. Thus, the advancements in the telecommunication sectors of Canada and Mexico are pivotal in driving the growth of this market.

Based on Deployment, the market is segmented into Outdoor and Indoor. Based on Component, the market is segmented into Hardware (Antennas [MIMO, Beamforming, and Other Antennas Type], Radio Units, Baseband Units, and Other Hardware Types), Software, and Services (Professional Services, Managed Services, and Consulting Services [Planning & Design Services, Integration & Validation Services, Deployment Services, and Optimization & Performance Improvement Services]). Based on Architecture Type, the market is segmented into CRAN, ORAN, and VRAN. Based on End Use, the market is segmented into Telecom Operators and Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Ericsson AB
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Nokia Corporation
  • Intel Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Verizon Communications, Inc.
  • Cisco Systems, Inc.
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • VMware, Inc. (Broadcom Inc.)
  • ZTE Corporation
North America 5G Radio Access Network Market Report Segmentation

By Deployment
  • Outdoor
  • Indoor
By Component
  • Hardware
  • Antennas
 MIMO

 Beamforming

 Other Antennas Type
  • Radio Units
  • Baseband Units
  • Other Hardware Types
  • Software
  • Services
  • Professional Services
  • Managed Services
  • Consulting Services
 Planning & Design Services

 Integration & Validation Services

 Deployment Services

 Optimization & Performance Improvement Services

By Architecture Type
  • CRAN
  • ORAN
  • VRAN
By End Use
  • Telecom Operators
  • Enterprises
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America 5G Radio Access Network Market, by Deployment
1.4.2 North America 5G Radio Access Network Market, by Component
1.4.3 North America 5G Radio Access Network Market, by Architecture Type
1.4.4 North America 5G Radio Access Network Market, by End Use
1.4.5 North America 5G Radio Access Network Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, May – 2024, Nov) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America 5G Radio Access Network Market by Deployment
5.1 North America Outdoor Market by Region
5.2 North America Indoor Market by Region
Chapter 6. North America 5G Radio Access Network Market by Component
6.1 North America Hardware Market by Country
6.2 North America 5G Radio Access Network Market by Hardware Type
6.2.1 North America Antennas Market by Country
6.2.2 North America 5G Radio Access Network Market by Antennas Type
6.2.2.1 North America MIMO Market by Country
6.2.2.2 North America Beamforming Market by Country
6.2.2.3 North America Other Antennas Type Market by Country
6.2.3 North America Radio Units Market by Country
6.2.4 North America Baseband Units Market by Country
6.2.5 North America Other Hardware Types Market by Country
6.3 North America Software Market by Country
6.4 North America Services Market by Country
6.5 North America 5G Radio Access Network Market by Services Type
6.5.1 North America Professional Services Market by Country
6.5.2 North America Managed Services Market by Country
6.5.3 North America Consulting Services Market by Country
6.5.4 North America 5G Radio Access Network Market by Consulting Services Type
6.5.4.1 North America Planning & Design Services Market by Country
6.5.4.2 North America Integration & Validation Services Market by Country
6.5.4.3 North America Deployment Services Market by Country
6.5.4.4 North America Optimization & Performance Improvement Services Market by Country
Chapter 7. North America 5G Radio Access Network Market by Architecture Type
7.1 North America CRAN Market by Country
7.2 North America ORAN Market by Country
7.3 North America VRAN Market by Country
Chapter 8. North America 5G Radio Access Network Market by End Use
8.1 North America Telecom Operators Market by Region
8.2 North America Enterprises Market by Region
Chapter 9. North America 5G Radio Access Network Market by Country
9.1 US 5G Radio Access Network Market
9.1.1 US 5G Radio Access Network Market by Deployment
9.1.2 US 5G Radio Access Network Market by Component
9.1.2.1 US 5G Radio Access Network Market by Hardware Type
9.1.2.1.1 US 5G Radio Access Network Market by Antennas Type
9.1.2.2 US 5G Radio Access Network Market by Services Type
9.1.2.2.1 US 5G Radio Access Network Market by Consulting Services Type
9.1.3 US 5G Radio Access Network Market by Architecture Type
9.1.4 US 5G Radio Access Network Market by End Use
9.2 Canada 5G Radio Access Network Market
9.2.1 Canada 5G Radio Access Network Market by Deployment
9.2.2 Canada 5G Radio Access Network Market by Component
9.2.2.1 Canada 5G Radio Access Network Market by Hardware Type
9.2.2.1.1 Canada 5G Radio Access Network Market by Antennas Type
9.2.2.2 Canada 5G Radio Access Network Market by Services Type
9.2.2.2.1 Canada 5G Radio Access Network Market by Consulting Services Type
9.2.3 Canada 5G Radio Access Network Market by Architecture Type
9.2.4 Canada 5G Radio Access Network Market by End Use
9.3 Mexico 5G Radio Access Network Market
9.3.1 Mexico 5G Radio Access Network Market by Deployment
9.3.2 Mexico 5G Radio Access Network Market by Component
9.3.2.1 Mexico 5G Radio Access Network Market by Hardware Type
9.3.2.1.1 Mexico 5G Radio Access Network Market by Antennas Type
9.3.2.2 Mexico 5G Radio Access Network Market by Services Type
9.3.2.2.1 Mexico 5G Radio Access Network Market by Consulting Services Type
9.3.3 Mexico 5G Radio Access Network Market by Architecture Type
9.3.4 Mexico 5G Radio Access Network Market by End Use
9.4 Rest of North America 5G Radio Access Network Market
9.4.1 Rest of North America 5G Radio Access Network Market by Deployment
9.4.2 Rest of North America 5G Radio Access Network Market by Component
9.4.2.1 Rest of North America 5G Radio Access Network Market by Hardware Type
9.4.2.1.1 Rest of North America 5G Radio Access Network Market by Antennas Type
9.4.2.2 Rest of North America 5G Radio Access Network Market by Services Type
9.4.2.2.1 Rest of North America 5G Radio Access Network Market by Consulting Services Type
9.4.3 Rest of North America 5G Radio Access Network Market by Architecture Type
9.4.4 Rest of North America 5G Radio Access Network Market by End Use
Chapter 10. Company Profiles
10.1 Ericsson AB
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Nokia Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Intel Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Samsung Electronics Co., Ltd. (Samsung Group)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Verizon Communications, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 SWOT Analysis
10.7 Cisco Systems, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.6 SWOT Analysis
10.8 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 VMware, Inc. (Broadcom Inc.)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. ZTE Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis

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