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Open Radio Access Network (Open RAN) Market by Component (Hardware, Software, Services), Type (Open RAN RU, Open vRAN), Frequency (Sub-6GHz, mmWave), Radio Interface, Access (Public, Private), Network and Region - Global Forecast to 2027

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  • 255 Pages
  • December 2022
  • Region: Global
  • Markets and Markets
  • ID: 5709770

The global Open RAN market is projected to grow from USD 1.1 billion in 2022 to USD 15.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 70.5% during the forecast period. Advantages such as solution flexibility, reduced costs and supply chain diversity is driving the Open RAN market growth. 

Services segment is estimated to account for a higher CAGR during the forecast period

The adoption of Open RAN services is expected to increase among service providers and enterprises with the increasing adoption of Open RAN solutions. The Open RAN market has been segmented based on services into consulting, deployment and implementation, and support and maintenance. These services assist end users in reducing costs, lowering operational costs, increasing overall revenues, and improving business performance. 

Sub-6GHz segment is expected to account for a larger market share during the forecast period

Businesses are already on the way to Sub-6GHz 5G. Huawei proposed bands below 6 GHz as the primary working frequency of 5G. Qualcomm announced a 5G New Radio model system and trial platform. The 5G NR prototype system operates in the Sub-6GHz spectrum bands and is utilized to showcase the company’s 5G designs to efficiently achieve multigigabit per second data rates and low latency. Mobile operators will continue to rely heavily on the Sub-6GHz spectrum. This is because it will take time for mmWave technology to be fully developed and harmonize the availability of the new spectrum bands.

Public segment to account for the largest market share during the forecast period

Public 5G wireless networks provide the same level of service and security to all clients. But the security risk is higher in case of public access and comes from the public sharing the network. Also, when the network is busy, it can impact all users at the same time. The spectrum is usually owned by a mobile network operator (MNO), and in the public 5G network, the service and management are the responsibility of the MNO. The public 5G network is intended for use by the public, with tens of millions of subscribers on a given nationwide network. 

Among regions, Asia Pacific recorded the highest CAGR during the forecast period

Asia Pacific constitutes thriving economies, such as Singapore, Japan, China, India, and Australia, which are expected to register high growth rates in the Open RAN market. Asia Pacific houses many large countries with a wide population spread over remote locations and wide geographical areas. Major leading companies such as Rakuten Mobile, NTT Docomo, KDDI, Reliance Jio, Bharti Airtel, Vodafone and more are involving and contributing to Open RAN technology in Asia Pacific region which is driving the growth of the market.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the Open RAN market.

  • By Company: Tier I: 35%, Tier II: 40%, and Tier III: 25%
  • By Designation: C-Level Executives: 60% and Managers: 40%
  • By Region: North America: 30%, Europe: 35%, Asia Pacific: 25%, Middle East and Africa: 5%, and Latin America: 5%

The report includes the study of key players offering Open RAN solutions and services. It profiles major vendors in the global Open RAN market. The major vendors in the global Open RAN market include Ericsson (Sweden), Nokia (Finland), Samsung (South Korea), NEC Corporation (Japan), Hewlett Packard Enterprise (US), VMware (US), Huawei (China), AT&T (US), Fujitsu (Japan), IBM (US), Orange (France), Airspan Networks (US), Mavenir (US), CommScope (US), Viavi Solutions (US), Amdocs (US), Renesas (Japan), MTN Group (South Africa), Entel (Chile), Comba Telecom (China), KDDI (Japan), SingTel (Singapore), TIM (Italy), Telefonica (Spain), Sivers Semiconductors (Sweden), NXP Semiconductors (Netherlands), Picocom (UK), Etisalat (UAE), Mobily (Saudi Arabia), XCOM Labs (US), DeepSig (US), ZTE (China), Celona (US), LIME Microsystems (UK), Verana Networks (US), Microamp Solutions (Poland).

Research Coverage

The market study covers the Open RAN market across segments. It aims at estimating the market size and the growth potential of this market across segments, such as component, type, frequency, radio interface, access, network and region. It includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Open RAN market and its subsegments. It would help stakeholders understand the competitive landscape and gain better insights to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Inclusion and Exclusion
1.3.4 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Data Secondary Sources
2.1.2 Primary Data Primary Interview with Experts List of Key Primary Interview Participants Breakdown of Primary Profiles Primary Sources
2.1.3 Secondary and Primary Research Key Industry Insights
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.2.3 Demand-Side Analysis
2.2.4 Supply-Side Analysis
2.2.5 Growth Forecast Analysis
2.3 Market Breakdown and Data Triangulation
2.4 Market Forecast
2.5 Research Assumptions
2.6 Open RAN Market: Recession Impact

3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Global Open RAN Market
4.2 Open RAN Market, by Type
4.3 Open RAN Market, by Frequency and Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
5.3 Industry Trends
5.3.1 Ecosystem: Open RAN Market
5.3.2 Case Studies
5.3.3 Technology Analysis
5.3.4 Patent Analysis Methodology Document Type Innovation and Patent Applications Top Applicants
5.3.5 Supply/Value Chain Analysis
5.3.6 Porter's Five Forces Analysis Threat of New Entrants Threat of Substitutes Bargaining Power of Suppliers Bargaining Power of Buyers Intensity of Competitive Rivalry
5.3.7 Trends/Disruptions Impacting Buyers/Clients
5.3.8 Pricing Analysis Average Selling Price of Key Players, by Application Average Selling Price Trend
5.3.9 Regulatory Landscape Regulatory Bodies, Government Agencies and Other Organizations
5.3.10 Key Stakeholders and Buying Criteria Key Stakeholders in Buying Process Buying Criteria
5.3.11 Key Conferences and Events in 2022-2023
5.3.12 Open RAN Market, by Compliance Introduction Compliance: Market Drivers Partial Full

6 Open RAN Market, by Component
6.1 Introduction
6.1.1 Component: Market Drivers
6.2 Software
6.3 Services
6.3.1 Consulting
6.3.2 Deployment and Integration
6.3.3 Support and Maintenance

7 Open RAN Market, by Type
7.1 Introduction
7.1.1 Type: Market Drivers
7.2 Open RAN Ru
7.2.1 Macro Cell
7.2.2 Small Cell
7.3 Open Vran
7.3.1 Centralised Unit
7.3.2 Distributed Unit

8 Open RAN Market, by Frequency
8.1 Introduction
8.1.1 Frequency: Market Drivers
8.2 Sub-6Ghz
8.3 Mmwave

9 Open RAN Market, by Radio Interface
9.1 Introduction
9.1.1 Radio Interface: Market Drivers
9.2 2G, 3G
9.3 4G Lte
9.4 5G

10 Open RAN Market, by Access
10.1 Introduction
10.1.1 Access: Market Drivers
10.2 Public
10.3 Private

11 Open RAN Market, by Network
11.1 Introduction
11.1.1 Network: Market Drivers
11.2 Greenfield
11.3 Brownfield

13 Open RAN Market, by Region
13.1 Introduction
13.2 North America
13.2.1 North America: PESTLE Analysis
13.2.2 United States
13.2.3 Canada
13.3 Europe
13.3.1 Europe: PESTLE Analysis
13.3.2 United Kingdom
13.3.3 Germany
13.3.4 France
13.3.5 Spain
13.3.6 Italy
13.3.7 Nordics
13.3.8 Rest of Europe
13.4 Asia-Pacific
13.4.1 Asia-Pacific: PESTLE Analysis
13.4.2 China
13.4.3 Japan
13.4.4 India
13.4.5 Anz
13.4.6 South East Asia
13.4.7 Rest of Asia-Pacific
13.5 Middle East and Africa
13.5.1 Middle East and Africa: PESTLE Analysis
13.5.2 Middle East Uae Ksa Rest of Middle East
13.5.3 Africa South Africa Egypt Nigeria Rest of Africa
13.6 Latin America
13.6.1 Latin America: PESTLE Analysis
13.6.2 Brazil
13.6.3 Mexico
13.6.4 Rest of Latin America

14 Competitive Landscape
14.1 Overview
14.2 Key Player Strategies/ Right-To-Win
14.2.1 Overview of Strategies Deployed by Key Open RAN Solution Providers
14.3 Revenue Analysis
14.4 Market Share Analysis
14.5 Company Evaluation Quadrant
14.5.1 Stars
14.5.2 Energing Leaders
14.5.3 Pervasive Players
14.5.4 Participants
14.6 Startup/Sme Evaluation Quadrant
14.6.1 Progressive Companies
14.6.2 Responsive Companies
14.6.3 Dynamic Companies
14.6.4 Starting Blocks
14.7 Competitive Benchmarking
14.8 Competitive Scenario and Trends
14.8.1 Product Launches
14.8.2 Deals
14.8.3 Others

15 Company Profiles
15.1 Introduction
15.2 Key Players
15.2.1 Ericsson Business and Financial Overview Products Offered Recent Developments Analyst's View Key Strengths/Right to Win Strategic Choices Made Weaknesses and Competitive Threats
15.2.2 Nokia Business and Financial Overview Products Offered Recent Developments Analyst's View Key Strengths/Right to Win Strategic Choices Made Weaknesses and Competitive Threats
15.2.3 Samsung Business and Financial Overview Products Offered Recent Developments Analyst's View Key Strengths/Right to Win Strategic Choices Made Weaknesses and Competitive Threats
15.2.4 Nec Corporation Business and Financial Overview Products Offered Recent Developments Analyst's View Key Strengths/Right to Win Strategic Choices Made Weaknesses and Competitive Threats
15.2.5 Fujitsu Business and Financial Overview Products Offered Recent Developments Analyst's View Key Strengths/Right to Win Strategic Choices Made Weaknesses and Competitive Threats
15.2.6 Orange Business and Financial Overview Products Offered Recent Developments
15.2.7 Vmware Business and Financial Overview Products Offered Recent Developments
15.2.8 Hpe Business and Financial Overview Products Offered Recent Developments
15.2.9 Ibm Business and Financial Overview Products Offered Recent Developments
15.2.10 At&T Business and Financial Overview Products Offered
15.2.11 Mavenir
15.2.12 Commscope
15.2.13 Viavi Solutions
15.2.14 Amdocs
15.2.15 Renesas
15.2.16 Entel
15.2.17 Comba Telecom
15.2.18 Kddi Corporation
15.2.19 Singtel Telecommunications Limited
15.2.20 Tim
15.2.21 Telefonica
15.2.22 Nxp Semiconductors
15.2.23 Mobily
15.2.24 Etisalat
15.3 Startups/ SMEs
15.3.1 Airspan Networks
15.3.2 Picocom
15.3.3 Sivers Semiconductors
15.3.4 Mtn Group
15.3.5 Xcom Labs
15.3.6 Deepsig
(The List of Players is Subject to Further Modification Over the Course of Research)

16 Adjacent and Related Markets
16.1 Adjacent and Related Markets
16.1.1 Introduction
16.1.2 Mmwave 5G Market Market Definition Market Overview
16.1.3 Cloud- Radio Access Network Market Market Definition Market Overview

17 Appendix
17.1 Discussion Guide
17.2 Knowledge Store: the Subscription Portal
17.4 Available Customizations

Companies Mentioned

  • Airspan Networks
  • Amdocs
  • At&T
  • Comba Telecom
  • Commscope
  • Deepsig
  • Entel
  • Ericsson
  • Etisalat
  • Fujitsu
  • Hpe
  • Ibm
  • Kddi Corporation
  • Mavenir
  • Mobily
  • Mtn Group
  • Nec Corporation
  • Nokia
  • Nxp Semiconductors
  • Orange
  • Picocom
  • Renesas
  • Samsung
  • Singtel Telecommunications Limited
  • Sivers Semiconductors
  • Telefonica
  • Tim
  • Viavi Solutions
  • Vmware
  • Xcom Labs



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