DUBLIN--(BUSINESS WIRE)--The "OPEN RAN Market Outlook (O-RAN) - An Opportunity worth $32 Billion by 2030" report has been added to ResearchAndMarkets.com's offering.
OPEN RAN transforms Radio Access Network (RAN) technology from design to operation of the network. OPEN RAN creates the possibility of an open RAN environment, with interoperability between different vendors over defined interfaces.
In a legacy mobile network ecosystem, RAN is proprietary where a single vendor provides proprietary radio hardware, software, and interface to enable the mobile network to function.
RAN ecosystem is evolving towards proving the competitive landscape of RAN supplier ecosystem and network operators embracing the transformation. Opening up RAN horizontally brings in a new range of low-cost radio players, and it gives mobile operators a choice to optimize deployment options for specific performance requirements at a much better cost.
In December 2021, the UK Department of Culture, Media and Sport (DCMS) announced that it has agreed with the four domestic operators to fulfil a goal to boost deployments setting a target of 35% of the nation's mobile network traffic is carried over open RAN by 2030.
The department also increased funding of £30 million to a total of up to £51 million to back projects for trials of open RAN and next-generation technology. As per this latest market research, OPEN RAN Market is expected to cross $32 Billion by 2030 with a growth rate of 42% for a forecast period between 2022 and 2030. Services are going to be the key contributor to this market with a 40% share in 2030.
OPEN RAN Market - Highlights
- While 5G offers superior performance over 4G, both will coexist comfortably into the 2030s as the bedrock of next-generation mobile networks. There are three perspectives that help to underline this point. Firstly, unlike voice-oriented 2G and 3G (which were primarily circuit-switched networks with varying attempts to accommodate packet-switching principles), 4G is a fully packet-switched network optimized for data services. 5G builds on this packet switching capability. Therefore, 4G and 5G networks can coexist for a long while because the transition from 4G to 5G does not imply or require a paradigm shift in the philosophy of the underlying technology. 5G is expected to dominate the OPEN RAN market with $22B TAM in 2030 with a growth rate of 52% as compared to a 4G growth rate of 31% between 2022 and 2030
- Within OPEN RAN radio unit (RU), Small cells and macrocells are likely to contribute $7.5B and $2.4B TAM by 2030 respectively. It is going to be a huge growth of 46% from the current market size of $327M for such cells in the OPEN RAN market
- The sub-6GHz frequency band is going to lead the market with a 70% share for OPEN RAN although the mmWave frequency band will have a higher CAGR of 67% as compared to 37% CAGR of Sub-6GHz. Most focus has been on the 3.5 GHz range (i.e., 3.3-3.8 GHz) to support initial 5G launches, followed by mmWave awards in the 26 GHz and 28 GHz bands. In the longer term, about 6GHz of total bandwidth is expected for each country across two to three different bands
- Enterprises are adopting network technologies such as private 5G networks and small cells at a rapid rate to meet business-critical requirements. That's why public OPEN RAN is expected to have the majority share of round ~95% as compared to the small market for the private segment
- At present, it is relatively easy for greenfield service providers to adopt 5G open RAN interfaces and architectures and it is extremely difficult for brownfield operators who have already widely deployed 4G. One of the main challenges for brownfield operators is the lack of interoperability available when using legacy RAN interfaces with an open RAN solution. Still, Mobile network operators (MNOs) throughout the world, including many brownfield networks, are now trialling and deploying Open RAN and this trend is expected to grow with time to have a larger share of brownfield deployments
- Asia Pacific is expected to dominate the OPEN RAN market with nearly 35% share in 2030. OPEN RAN market in the Asia Pacific is expected to reach USD 11.5 billion by 2030, growing at a CAGR of 34% between 2022 and 2030. Japan is going to drive this market in the Asia Pacific although China will emerge as a leader in this region by 2030. North America and Europe are expected to have a higher growth rate of more than 45% although their share will be around 31% and 26% respectively in 2030
16 Company Profiles
Infrastructure Providers
- Ericsson
- Nokia
- Samsung
- NEC
- Alpha Networks
- Airspan Networks
- VMware
- Fujitsu
- Hewlett Packard Enterprise
- Mavenir
- Capgemini Engineering
- Comba Telecom
- CommScope
- Dell
- Parallel Wireless
- Wind River Systems, Inc.
- IBM
- VIAVI Solutions Inc.
- Tata Consulting Services
- Tech Mahindra
- Amdocs
Network Operators
- AT&T
- Orange
- NTT DOCOMO
- Vodafone
- Airtel
- Reliance Jio
- DISH Network
- KDDI
- Rakuten
- Telefonica
- Optus
- Deutsche Telekom
- Telecom Italia
- Inland Cellular
- Verizon
- Etisalat
- MTN
Semiconductor Suppliers
- Intel
- Qualcomm
- Xilinx
NXP Semiconductors
- NVIDIA
- Analog Devices
- Renesas
- Marvell
- Picocom
- Sivers Semiconductor
For more information about this report visit https://www.researchandmarkets.com/r/cbecp6
