Global Virtualized Radio Access Network (vRAN) Market Growth (Status and Outlook) 2023-2029

Global Virtualized Radio Access Network (vRAN) Market Growth (Status and Outlook) 2023-2029

This report studies the Virtualized Radio Access Network (vRAN) market. Virtualized radio access network (vRAN) technology could be key to creating flexible, adaptable networks that help operators prepare for an unpredictable future. The rapid growth in mobile traffic volume and its increasingly dynamic nature, plus the many new types of user devices and applications, make it hard to predict demand. But vRAN can protect investments – and improve service -- all the way to 5G.
LPI (LP Information)' newest research report, the “Virtualized Radio Access Network (vRAN) Industry Forecast” looks at past sales and reviews total world Virtualized Radio Access Network (vRAN) sales in 2022, providing a comprehensive analysis by region and market sector of projected Virtualized Radio Access Network (vRAN) sales for 2023 through 2029. With Virtualized Radio Access Network (vRAN) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Virtualized Radio Access Network (vRAN) industry.
This Insight Report provides a comprehensive analysis of the global Virtualized Radio Access Network (vRAN) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Virtualized Radio Access Network (vRAN) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Virtualized Radio Access Network (vRAN) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Virtualized Radio Access Network (vRAN) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Virtualized Radio Access Network (vRAN).
The global Virtualized Radio Access Network (vRAN) market size is projected to grow from US$ 5021.4 million in 2022 to US$ 73360 million in 2029; it is expected to grow at a CAGR of 46.7% from 2023 to 2029.
The United States is the largest market for virtual radio access networks, with about 30% of the total, followed by Europe and China with about 20% each.
Alcatel-Lucent (Nokia), NEC and Altiostar are the main players, with a combined market share of about 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of Virtualized Radio Access Network (vRAN) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Software
Platform
Servers
Segmentation by application
Dense Area Urban
Enterprise
Public Venue Environments
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Alcatel-Lucent (Nokia)
NEC
Altiostar
Wind River
Amdocs
Dell EMC
ASOCS
Dali Wireless

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