オープン無線アクセスネットワーク(オープンRAN)市場 – 2030年までの世界業界予測

Open Radio Access Network (Open RAN) Market - Global Forecast To 2029

オープン無線アクセスネットワーク(オープンRAN)市場 - 提供物(ハードウェア、ソフトウェア、サービス)、ネットワーク展開(パブリックおよびプライベート)、周波数帯域(サブ6GHz、ミリ波)、市場規模、シェア、成長分析、展開段階および地域別 - 2030年までの世界業界予測
Open Radio Access Network (Open RAN) Market Size, Share, Growth Analysis, By Offering (Hardware, Software, Services), Network Deployment (Public and Private), Frequency Band (Sub-6GHz, mmWave), Deployment Phase, & Region - Global Industry Forecast to 2030
出版社MarketsandMarkets
出版年月2024年8月
ページ数211
図表数201
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The open RAN market is estimated at USD 2.8 billion in 2024 to USD 20.9 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 39.4%.

オープンRAN 市場は、39.4% の年間平均成長率 (CAGR) で、2024 年に 28 億米ドル、2030 年までに 209 億米ドルに達すると推定されています。

Rising network flexibility and compatibility demand owing to the usage of Open RAN technology by telecom operators helps to reduce single vendors dependency and embrace multi-vendor environments. Emerging 5G technology fuels the need for more cost-effective and scalable network infrastructure solutions. The open RAN adoption is also affected by regulatory initiatives that promote the acceptance of open standards. Additionally, industry players want to speed up innovation in open RAN technology and its deployment through cost savings and performance enhancements. Furthermore, the increasing focus on virtualization and cloud-native technologies aligns well with the principles of open RAN, further driving its momentum.

オープン無線アクセスネットワーク(オープンRAN)市場 - 2030年までの世界業界予測
Open Radio Access Network (Open RAN) Market – Global Forecast To 2029

By offering, the services segment is expected to register the highest CAGR during the forecast period.

The services segment is expected to hold a higher growth rate in the open RAN market due to several compelling factors. There has been an increase in demand for network planning & optimization, deployment and integration, support and maintenance services by companies adopting open RAN solutions as these services assist them in facilitating deployment and optimization of these solutions. The growing emphasis on virtualization and cloud-native architectures within the telecom industry is expected to fuel demand for services related to virtualized network functions and cloud integration.

オープン無線アクセスネットワーク(オープンRAN)市場 - 2030年までの世界業界予測 ecosystem
Open Radio Access Network (Open RAN) Market – Global Forecast To 2029 ecosystem

Greenfield is expected to hold the largest market share during the forecast period. In the open RAN market, greenfield deployments provide unmatched flexibility, the potential for innovation, and cost savings to operators. Such deployments enable the selection of best-in-class vendors for diverse network components such as the Radio Unit (RU), Distributed Unit (DU), and Central Unit (CU) from an array of suppliers, avoiding the limitations imposed by single vendor proprietary systems. The open vendor setup boosts innovation and quickly brings new features and technologies allowing new vendors to join. Despite these obstacles, greenfield deployments represent a substantial opportunity for operators to construct adaptable, future-oriented networks that leverage the competitive and innovative advantages of the open RAN market.

North America is estimated to have the second-largest market size during the forecast period.

North America’s high-speed connectivity, coverage, and modern telecom ecosystem support the adoption and integration of Open RAN systems. Government programs foster innovation and competitiveness in the telecom industry. Furthermore, a number of top companies are actively funding R&D in North America to enhance the functionality and scalability of Open RAN systems. The adoption is further boosted by the rollout of 5G networks across the area which is motivated by growing consumer demand for high-speed data services and emerging applications.

オープン無線アクセスネットワーク(オープンRAN)市場 - 2030年までの世界業界予測 region
Open Radio Access Network (Open RAN) Market – Global Forecast To 2029 region

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the open RAN market.

  • By Company Type: Tier 1 – 62%, Tier 2 – 23%, and Tier 3 – 15%
  • By Designation: C-level –38%, D-level – 30%, and Others – 22%
  • By Region: North America – 40%, Europe – 15%, Asia Pacific – 35%, and Rest of the World – 10%.

The major players in the open RAN market are Ericsson (Sweden), Nokia (Finland), Samsung (South Korea), NEC Corporation (Japan), Mavenir (US), Huawei Technologies (China), HPE (US), Broadcom (US), Fujitsu (Japan), Viavi Solutions (US), Juniper Networks (US), Amdocs (US), Wind River Systems (US), Rakuten (Japan), Comba Telecom (China), Intel (US), Radisys (US), Keysight Technologies (US), MaxLinear (US), Airspan Networks (US), Picocom (England), Sivers Semiconductors (Sweden), Celona (US), Globalstar (US), DeepSig (US), Cohere Technologies (US), Verana Networks (US), Digis Squared (UK), Parallel Wireless (US), Baicells Technologies (China), Gigatera (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their open RAN market footprint.

Research Coverage

The market study covers the open RAN market size across different segments. It aims at estimating the market size and the growth potential across different segments, including offering (hardware, software, service), network deployment (public network and private network), frequency band (Sub-6GHz, mmWave, other frequency bands), deployment phase (brownfield and greenfield) and Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants with information on the closest approximations of the global open RAN market’s revenue numbers and subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (demand for enhanced network flexibility and accelerated innovation, significant reduction in TCO, and implementation of beamforming technology resolving bitrate problem in fronthaul networks), restraints (high integration cost and complexity), opportunities (commercialization of 5G services, rising demand for open RAN from mobile operators, and acceptance of open fronthaul standard boosting commercial network deployment of Open RAN), and challenges (carrier-grade scalability and complicated systems due to multi-vendor environment) influencing the growth of the open RAN market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the open RAN market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the open RAN market across various regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the open RAN market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading companies including Ericsson (Sweden), Nokia (Finland), Samsung (South Korea), NEC Corporation (Japan), Mavenir (US), Huawei Technologies (China), HPE (US), Broadcom (US), Fujitsu (Japan), Viavi Solutions (US), Juniper Networks (US), Amdocs (US), Wind River Systems (US), Rakuten (Japan), Comba Telecom (China), Intel (US), Radisys (US), Keysight Technologies (US), MaxLinear (US), Airspan Networks (US), Picocom (England), Sivers Semiconductors (Sweden), Celona (US), Globalstar (US), DeepSig (US), Cohere Technologies (US), Verana Networks (US), Digis Squared (UK), Parallel Wireless (US), Baicells Technologies (China), Gigatera (US).

Table of Contents

1            INTRODUCTION            24

1.1         STUDY OBJECTIVES      24

1.2         MARKET DEFINITION   24

1.3         STUDY SCOPE  25

1.3.1      MARKET SEGMENTATION         25

1.3.2      INCLUSIONS & EXCLUSIONS     25

1.3.3      REGIONS COVERED      26

1.4         YEARS CONSIDERED     26

1.5         CURRENCY CONSIDERED          26

1.6         STAKEHOLDERS            27

1.7         SUMMARY OF CHANGES            27

1.7.1      IMPACT OF RECESSION 27

2            RESEARCH METHODOLOGY     28

2.1         RESEARCH DATA           28

2.1.1      SECONDARY DATA       29

2.1.2      PRIMARY DATA 29

2.1.2.1   Primary interviews with experts       29

2.1.2.2   Breakdown of primary profiles         30

2.1.2.3   Key insights from industry experts   30

2.2         MARKET SIZE ESTIMATION       31

2.2.1      TOP-DOWN APPROACH             31

2.2.2      BOTTOM-UP APPROACH           32

2.2.3      OPEN RADIO ACCESS NETWORK MARKET ESTIMATION: DEMAND-SIDE ANALYSIS 33

2.3         DATA TRIANGULATION             35

2.4         MARKET FORECAST      36

2.5         RESEARCH ASSUMPTIONS         37

2.6         LIMITATIONS   37

2.7         IMPACT OF RECESSION ON OPEN RADIO ACCESS NETWORK MARKET              37

3            EXECUTIVE SUMMARY 38

4            PREMIUM INSIGHTS      41

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN OPEN RADIO ACCESS NETWORK MARKET      41

4.2         OPEN RADIO ACCESS NETWORK MARKET: TOP GROWING SEGMENTS              42

4.3         OPEN RADIO ACCESS NETWORK MARKET, BY OFFERING           42

4.4         OPEN RADIO ACCESS NETWORK MARKET, BY NETWORK DEPLOYMENT 43

4.5         OPEN RADIO ACCESS NETWORK MARKET, BY SERVICE 43

4.6         OPEN RADIO ACCESS NETWORK MARKET, BY FREQUENCY BAND              44

4.7         OPEN RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT PHASE              44

4.8         NORTH AMERICAN OPEN RADIO ACCESS NETWORK MARKET,

BY OFFERING AND DEPLOYMENT PHASE          45

5            MARKET OVERVIEW AND INDUSTRY TRENDS   46

5.1         INTRODUCTION            46

5.2         MARKET DYNAMICS     46

5.2.1      DRIVERS            47

5.2.1.1   Demand for enhanced network flexibility and accelerated innovation      47

5.2.1.2   Significant reductions in TCO         47

5.2.1.3   Implementation of beamforming technology resolving bitrate problem in fronthaul networks 47

5.2.2      RESTRAINTS     47

5.2.2.1   High integration cost and complexity             47

5.2.3      OPPORTUNITIES           47

5.2.3.1   Commercialization of 5G services    47

5.2.3.2   Rising demand for open RAN from mobile operators   48

5.2.3.3   Acceptance of open fronthaul standard boosting commercial network deployment of open RAN        48

5.2.4      CHALLENGES   48

5.2.4.1   Carrier-grade scalability    48

5.2.4.2   Complicated systems due to multi-vendor environment             48

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 49

5.4         PRICING ANALYSIS        49

5.4.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HARDWARE              49

5.5         SUPPLY CHAIN ANALYSIS          50

5.6         ECOSYSTEM     51

5.7         TECHNOLOGY ANALYSIS           53

5.7.1      KEY TECHNOLOGIES    53

5.7.1.1   Cellular networks 53

5.7.1.2   Network Function Virtualization (NFV)        54

5.7.2      COMPLEMENTARY TECHNOLOGIES     54

5.7.2.1   Cloud computing 54

5.7.2.2   AI and ML           54

5.7.2.3   Software-Defined Networking (SDN)           55

5.7.3      ADJACENT TECHNOLOGIES      55

5.7.3.1   Beamforming       55

5.7.3.2   Network orchestration       55

5.8         PATENT ANALYSIS        55

5.8.1      LIST OF MAJOR PATENTS          56

5.9         TRADE ANALYSIS          59

5.9.1      EXPORT SCENARIO FOR HS CODE: 8517 59

5.9.2      IMPORT SCENARIO FOR HS CODE: 8517 60

5.10       KEY CONFERENCES AND EVENTS, 2024 61

5.11       TARIFF AND REGULATORY LANDSCAPE            61

5.11.1    TARIFF RELATED TO OPEN RADIO ACCESS NETWORK DEVICES (851769)             61

5.11.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          62

5.11.2.1 North America     64

5.11.2.1.1            US         64

5.11.2.1.2            Canada  64

5.11.2.2 Europe  64

5.11.2.3 Asia Pacific          65

5.11.2.3.1            South Korea        65

5.11.2.3.2            China     65

5.11.2.3.3            India      65

5.11.2.4 Middle East & Africa          65

5.11.2.4.1            UAE      65

5.11.2.4.2            KSA       65

5.11.2.5 Latin America      65

5.11.2.5.1            Brazil     66

5.11.2.5.2            Mexico  66

5.12       PORTER’S FIVE FORCES ANALYSIS         66

5.12.1    THREAT OF NEW ENTRANTS    66

5.12.2    THREAT OF SUBSTITUTES         66

5.12.3    BARGAINING POWER OF SUPPLIERS     67

5.12.4    BARGAINING POWER OF BUYERS           67

5.12.5    INTENSITY OF COMPETITIVE RIVALRY 67

5.13       KEY STAKEHOLDERS & BUYING CRITERIA          67

5.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         67

5.13.2    BUYING CRITERIA         68

5.14       TECHNOLOGY ROADMAP FOR OPEN RADIO ACCESS NETWORK MARKET            69

5.14.1    SHORT-TERM ROADMAP (2023–2025)    69

5.14.2    MID-TERM ROADMAP (2026–2028)         69

5.14.3    LONG-TERM ROADMAP (2029–2030)      69

5.15       BEST PRACTICES IN OPEN RADIO ACCESS NETWORK MARKET 70

5.15.1    EMBRACE STANDARDIZATION AND COLLABORATION 70

5.15.2    LEVERAGE DEVOPS AND AUTOMATION            70

5.15.3    SECURITY BY DESIGN   70

5.15.4    OPENNESS AND TRANSPARENCY           70

5.16       CURRENT AND EMERGING BUSINESS MODELS 70

5.16.1    SUBSCRIPTION MODEL 70

5.16.2    TRADITIONAL SALES MODEL   70

5.16.3    GOVERNMENT-OWNED             70

5.16.4    OPEN-SOURCE RAN (OSRAN)    70

5.17       OPEN RADIO ACCESS NETWORK MARKET: TOOLS, FRAMEWORKS, AND TECHNIQUES        71

5.18       OPEN RADIO ACCESS NETWORK FRONTHAUL INTERFACE STANDARDS     71

5.18.1    CAT-A  71

5.18.2    CAT-B  71

5.18.2.1 CAT-B ULPI-A   72

5.18.2.2 CAT-B ULPI-B   72

5.19       BRIEF HISTORY OF OPEN RADIO ACCESS NETWORK     72

5.20       INVESTMENT & FUNDING SCENARIO    73

5.21       CASE STUDY ANALYSIS 74

5.21.1    DISH WIRELESS LAUNCHED WORLD’S FIRST 5G SA NETWORK USING MAVENIR OPEN VRAN ON PUBLIC CLOUD         74

5.21.2    ELISA IMPLEMENTED ERICSSON RAN ENERGY EFFICIENCY SOFTWARE TO BOOST ENERGY EFFICIENCY            74

5.21.3    A1 GROUP LEVERAGED NOKIA’S ANYRAN AND 5G STANDALONE APPROACH TO VALIDATE CENTRALIZED AND DISTRIBUTED OPTIONS WITH FRONTHAUL AND MID-HAUL DISTANCES         75

5.21.4    AMDOCS HELPED INDONESIAN UNIVERSITY IMPLEMENT OPEN RADIO ACCESS NETWORK TO SIMULATE REAL-WORLD ENVIRONMENTS AND RESOLVE ISSUES BETWEEN HARDWARE AND SOFTWARE VENDORS      76

6            OPEN RADIO ACCESS NETWORK MARKET, BY OFFERING           77

6.1         INTRODUCTION            78

6.1.1      OFFERINGS: OPEN RADIO ACCESS NETWORK MARKET DRIVERS              78

6.2         HARDWARE      79

6.2.1      RADIO UNITS    80

6.2.1.1   Radio units to offer flexibility in choosing equipment from different vendors              80

6.2.2      CENTRALIZED UNITS/DISTRIBUTED UNITS      80

6.2.2.1   CUs/DUs to enable easier upgrades and optimizations and help networks adapt to evolving technologies     80

6.2.3      OTHER HARDWARE      81

6.3         SOFTWARE       82

6.3.1      NETWORK ORCHESTRATION & MANAGEMENT SOFTWARE       83

6.3.1.1   Advanced orchestration & management software to simplify network management tasks and enhance operational efficiency        83

6.3.2      RAN INTELLIGENT CONTROLLER         84

6.3.2.1   RICs to deliver high-quality mobile services while maximizing use of network resources and minimizing operational overhead           84

6.3.3      OTHER SOFTWARE       84

6.4         SERVICES          85

6.4.1      NETWORK PLANNING & OPTIMIZATION            86

6.4.1.1   Operators to deploy open RAN networks to deliver robust connectivity and meet escalating demand for mobile broadband services        86

6.4.2      DEPLOYMENT & INTEGRATION             87

6.4.2.1   Deployment & integration services to ensure all components work harmoniously and optimize network performance and reliability        87

6.4.3      SUPPORT & MAINTENANCE      87

6.4.3.1   Support & maintenance services to minimize downtime, enhance network reliability, and deliver superior customer service          87

7            OPEN RADIO ACCESS NETWORK MARKET, BY NETWORK DEPLOYMENT 89

7.1         INTRODUCTION            90

7.1.1      NETWORK DEPLOYMENTS: OPEN RADIO ACCESS NETWORK MARKET DRIVERS            90

7.2         PUBLIC NETWORKS      91

7.2.1      PUBLIC NETWORKS TO DRIVE DEMAND FOR THEIR COMPATIBILITY AND VALID SUBSCRIPTION PLAN          91

7.3         PRIVATE NETWORKS    92

7.3.1      PRIVATE NETWORKS TO PROVIDE SECURE AND DEDICATED ENVIRONMENT FOR AUTHORIZED DEVICES AND APPLICATIONS USED WITHIN SPECIFIC ORGANIZATION        92

8            OPEN RADIO ACCESS NETWORK MARKET, BY FREQUENCY BAND              93

8.1         INTRODUCTION            94

8.1.1      FREQUENCY BANDS: OPEN RADIO ACCESS NETWORK MARKET DRIVERS            94

8.2         SUB-6GHZ         95

8.2.1      NEED FOR COMPREHENSIVE COVERAGE AND ROBUST SIGNAL PROPAGATION TO FUEL DEMAND FOR SUB-6GHZ        95

8.3         MMWAVE          96

8.3.1      MMWAVE TO ENHANCE DATA TRANSMISSION SPEEDS AND ACCOMMODATE EXTENSIVE USER BASE THAN TRADITIONAL SUB-6 GHZ BANDS 96

8.4         OTHER FREQUENCY BANDS      97

9            OPEN RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT PHASE              98

9.1         INTRODUCTION            99

9.1.1      DEPLOYMENT PHASES: OPEN RADIO ACCESS NETWORK MARKET DRIVERS            99

9.2         GREENFIELD    100

9.2.1     GREENFIELD DEPLOYMENTS TO ENABLE OPERATORS TO BUILD NEW, FLEXIBLE, AND COST-EFFICIENT MOBILE NETWORKS FROM SCRATCH 100

9.3         BROWNFIELD   101

9.3.1      BROWNFIELD DEPLOYMENTS TO UPDATE EXISTING NETWORKS WITH NEW TECHNOLOGIES AND REDUCE DISRUPTIONS AND COSTS  101

10          OPEN RADIO ACCESS NETWORK MARKET, BY REGION 102

10.1       INTRODUCTION            103

10.2       NORTH AMERICA          103

10.2.1    NORTH AMERICA: OPEN RADIO ACCESS NETWORK MARKET DRIVERS              104

10.2.2    NORTH AMERICA: OPEN RADIO ACCESS NETWORK DEVELOPMENTS, BY COUNTRY    104

10.2.2.1 US         104

10.2.2.2 Canada  104

10.2.3    NORTH AMERICA: RECESSION IMPACT 104

10.3       EUROPE             107

10.3.1    EUROPE: OPEN RADIO ACCESS NETWORK MARKET DRIVERS    107

10.3.2    EUROPE: OPEN RADIO ACCESS NETWORK DEVELOPMENTS, BY COUNTRY         108

10.3.2.1 US         108

10.3.2.2 Germany             108

10.3.2.3 France   108

10.3.2.4 Italy, Romania, and Spain  109

10.3.2.5 Ireland   109

10.3.2.6 Netherlands         109

10.3.3    EUROPE: RECESSION IMPACT   109

10.4       ASIA PACIFIC    111

10.4.1    ASIA PACIFIC: OPEN RADIO ACCESS NETWORK MARKET DRIVERS              111

10.4.2    ASIA PACIFIC: OPEN RADIO ACCESS NETWORK DEVELOPMENTS, BY COUNTRY         112

10.4.2.1 Japan     112

10.4.2.2 India      112

10.4.2.3 Thailand 112

10.4.2.4 Indonesia             112

10.4.2.5 Malaysia 113

10.4.2.6 South Korea        113

10.4.3    ASIA PACIFIC: RECESSION IMPACT        113

10.5       MIDDLE EAST & AFRICA             116

10.5.1    MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK MARKET DRIVERS            116

10.5.2    MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK DEVELOPMENTS, BY COUNTRY             117

10.5.2.1 UAE      117

10.5.2.2 KSA       117

10.5.2.3 Kuwait   117

10.5.2.4 Bahrain  117

10.5.2.5 Qatar     117

10.5.2.6 Africa    118

10.5.3    MIDDLE EAST & AFRICA: RECESSION IMPACT   118

10.6       LATIN AMERICA             120

10.6.1    LATIN AMERICA: OPEN RADIO ACCESS NETWORK MARKET DRIVERS              120

10.6.2    LATIN AMERICA: OPEN RADIO ACCESS NETWORK DEVELOPMENTS, BY COUNTRY    121

10.6.2.1 Brazil     121

10.6.2.2 Argentina            121

10.6.2.3 Peru      121

10.6.3    LATIN AMERICA: RECESSION IMPACT   121

11          COMPETITIVE LANDSCAPE       124

11.1       INTRODUCTION            124

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          124

11.2.1    OVERVIEW OF STRATEGIES ADOPTED BY KEY OPEN RADIO ACCESS NETWORK VENDORS    124

11.3       REVENUE ANALYSIS      126

11.4       MARKET SHARE ANALYSIS         127

11.4.1    MARKET RANKING ANALYSIS   129

11.5       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   130

11.5.1    STARS  130

11.5.2    EMERGING LEADERS    130

11.5.3    PERVASIVE PLAYERS     130

11.5.4    PARTICIPANTS 130

11.5.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      132

11.5.5.1 Company footprint            132

11.5.5.2 Offering footprint 133

11.5.5.3 Network deployment footprint         134

11.5.5.4 Regional footprint              135

11.6       COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023         136

11.6.1    PROGRESSIVE COMPANIES       136

11.6.2    RESPONSIVE COMPANIES          136

11.6.3    DYNAMIC COMPANIES 136

11.6.4    STARTING BLOCKS       136

11.6.5    COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023           138

11.6.5.1 Key start-ups/SMEs          138

11.6.5.2 Competitive benchmarking of key start-ups/SMEs      139

11.7       COMPETITIVE SCENARIO AND TRENDS             139

11.7.1    PRODUCT LAUNCHES  139

11.7.2    DEALS  140

11.8       BRAND/PRODUCT COMPARISON          142

11.9       COMPANY VALUATION AND FINANCIAL METRICS OF KEY OPEN RADIO ACCESS NETWORK PROVIDERS 143

12          COMPANY PROFILES    144

12.1       KEY PLAYERS   144

12.1.1    ERICSSON          144

12.1.1.1 Business overview 144

12.1.1.2 Products/Solutions/Services offered 145

12.1.1.3 Recent developments         146

12.1.1.4 MnM view           147

12.1.1.4.1            Right to win         147

12.1.1.4.2            Strategic choices made       147

12.1.1.4.3            Weaknesses and competitive threats 147

12.1.2    NOKIA  148

12.1.2.1 Business overview 148

12.1.2.2 Products/Solutions/Services offered 149

12.1.2.3 Recent developments         150

12.1.2.4 MnM view           150

12.1.2.4.1            Right to win         150

12.1.2.4.2            Strategic choices made       150

12.1.2.4.3            Weaknesses and competitive threats 150

12.1.3    SAMSUNG         151

12.1.3.1 Business overview 151

12.1.3.2 Products/Solutions/Services offered 152

12.1.3.3 Recent developments         153

12.1.3.4 MnM view           153

12.1.3.4.1            Right to win         153

12.1.3.4.2            Strategic choices made       153

12.1.3.4.3            Weaknesses and competitive threats 153

12.1.4    NEC CORPORATION     154

12.1.4.1 Business overview 154

12.1.4.2 Products/Solutions/Services offered 155

12.1.4.3 Recent developments         156

12.1.4.4 MNM view          156

12.1.4.4.1            Right to win         156

12.1.4.4.2            Strategic choices  156

12.1.4.4.3            Weaknesses and competitive threats 157

12.1.5    MAVENIR           158

12.1.5.1 Business overview 158

12.1.5.2 Products/Solutions/Services offered 158

12.1.5.3 Recent developments         159

12.1.5.4 MnM view           159

12.1.5.4.1            Right to win         159

12.1.5.4.2            Strategic choices made       159

12.1.5.4.3            Weaknesses and competitive threats 159

12.1.6    HUAWEI TECHNOLOGIES CO., LTD.      160

12.1.6.1 Business overview 160

12.1.6.2 Products/Solutions/Services offered 162

12.1.6.3 Recent developments         162

12.1.7    HEWLETT PACKARD ENTERPRISE (HPE)            163

12.1.7.1 Business overview 163

12.1.7.2 Products/Solutions/Services offered 164

12.1.7.3 Recent developments         165

12.1.8    BROADCOM      166

12.1.8.1 Business overview 166

12.1.8.2 Products/Solutions/Services offered 167

12.1.8.3 Recent developments         168

12.1.9    FUJITSU             169

12.1.9.1 Business overview 169

12.1.9.2 Products/Solutions/Services offered 170

12.1.9.3 Recent developments         171

12.1.10  VIAVI SOLUTIONS         172

12.1.10.1             Business overview 172

12.1.10.2             Products/Solutions/Services offered 173

12.1.10.3             Recent developments         174

12.1.11  JUNIPER NETWORKS     175

12.1.11.1             Business overview 175

12.1.11.2             Products/Solutions/Services offered 176

12.1.11.3             Recent developments         177

12.1.12  AMDOCS           178

12.1.13  WIND RIVER SYSTEMS  179

12.1.14  RAKUTEN GROUP          179

12.1.15  COMBA TELECOM         180

12.1.16  INTEL   181

12.1.17  RADISYS (JIO)   181

12.1.18  KEYSIGHT TECHNOLOGIES      182

12.1.19  MAXLINEAR      182

12.2       START-UPS/SMES          183

12.2.1    AIRSPAN NETWORKS    183

12.2.2    PICOCOM          184

12.2.3    SIVERS SEMICONDUCTORS AB 185

12.2.4    CELONA            186

12.2.5    GLOBALSTAR   187

12.2.6    DEEPSIG            187

12.2.7    COHERE TECHNOLOGIES          188

12.2.8    VERANA NETWORKS     188

12.2.9    DIGIS SQUARED             189

12.2.10  PARALLEL WIRELESS    190

12.2.11  BAICELLS TECHNOLOGIES        191

12.2.12  GIGATERA        191

13          ADJACENT/RELATED MARKETS             192

13.1       INTRODUCTION            192

13.2       CLOUD-RADIO ACCESS NETWORK MARKET      192

13.2.1    MARKET OVERVIEW     192

13.2.2    CLOUD-RADIO ACCESS NETWORK MARKET, BY COMPONENT  192

13.2.2.1 Solutions             193

13.2.2.2 Services 194

13.2.3    CLOUD-RADIO ACCESS NETWORK MARKET, BY NETWORK TYPE              195

13.2.4    CLOUD-RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT 196

13.2.5    CLOUD-RADIO ACCESS NETWORK MARKET, BY END USER        197

13.3       MMWAVE 5G MARKET  198

13.3.1    MARKET DEFINITION   198

13.3.2    MARKET OVERVIEW     198

13.3.3    MMWAVE 5G MARKET, BY COMPONENT            198

13.3.4    MMWAVE 5G MARKET, BY USE CASE     199

13.3.5    MMWAVE 5G MARKET, BY BANDWIDTH             200

13.3.6    MMWAVE 5G MARKET, BY APPLICATION           200

13.3.7    MMWAVE 5G MARKET, BY END USER     201

13.3.8    MMWAVE 5G MARKET, BY REGION        202

14          APPENDIX         204

14.1       DISCUSSION GUIDE      204

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             207

14.3       CUSTOMIZATION OPTIONS      209

14.4       RELATED REPORTS       209

14.5       AUTHOR DETAILS         210

LIST OF TABLES

TABLE 1             USD EXCHANGE RATES, 2019–2023         26

TABLE 2             FACTOR ANALYSIS        36

TABLE 3             AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY HARDWARE (USD)         50

TABLE 4             OPEN RADIO ACCESS NETWORK MARKET: ECOSYSTEM              51

TABLE 5             OPEN RADIO ACCESS NETWORK MARKET: DETAILED LIST OF CONFERENCES

AND EVENTS, 2024        61

TABLE 6             TARIFF RELATED TO MACHINES FOR RECEPTION, CONVERSION, AND TRANSMISSION OR REGENERATION OF VOICE, IMAGES, OR OTHER DATA (851769)         62

TABLE 7             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 62

TABLE 8             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 63

TABLE 9             ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 63

TABLE 10           REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         64

TABLE 11           PORTER’S FIVE FORCES IMPACT ON OPEN RADIO ACCESS NETWORK MARKET      66

TABLE 12           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR NETWORK OPERATORS             68

TABLE 13           KEY BUYING CRITERIA FOR NETWORK OPERATORS      68

TABLE 14           OPEN RADIO ACCESS NETWORK MARKET, BY OFFERING,

2024–2030 (USD MILLION)          79

TABLE 15           HARDWARE: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          79

TABLE 16           HARDWARE: OPEN RADIO ACCESS NETWORK MARKET, BY TYPE,

2024–2030 (USD MILLION)          79

TABLE 17           RADIO UNITS: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          80

TABLE 18           CENTRALIZED UNITS/DISTRIBUTED UNITS: OPEN RADIO ACCESS NETWORK MARKET, BY REGION, 2024–2030 (USD MILLION)      81

TABLE 19          OTHER HARDWARE: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          81

TABLE 20           SOFTWARE: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          82

TABLE 21           SOFTWARE: OPEN RADIO ACCESS NETWORK MARKET, BY TYPE,

2024–2030 (USD MILLION)          82

TABLE 22           NETWORK ORCHESTRATION & MANAGEMENT SOFTWARE: OPEN RADIO ACCESS NETWORK MARKET, BY REGION, 2024–2030 (USD MILLION)          83

TABLE 23           RAN INTELLIGENT CONTROLLER: OPEN RADIO ACCESS NETWORK MARKET,

BY REGION, 2024–2030 (USD MILLION)  84

TABLE 24           OTHER SOFTWARE: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          85

TABLE 25           SERVICES: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          85

TABLE 26           SERVICES: OPEN RADIO ACCESS NETWORK MARKET, BY TYPE,

2024–2030 (USD MILLION)          86

TABLE 27           NETWORK PLANNING & OPTIMIZATION: OPEN RADIO ACCESS NETWORK MARKET, BY REGION, 2024–2030 (USD MILLION)       86

TABLE 28           DEPLOYMENT & INTEGRATION: OPEN RADIO ACCESS NETWORK MARKET,

BY REGION, 2024–2030 (USD MILLION)  87

TABLE 29           SUPPORT & MAINTENANCE: OPEN RADIO ACCESS NETWORK MARKET, BY REGION, 2024–2030 (USD MILLION)            88

TABLE 30           OPEN RADIO ACCESS NETWORK MARKET, BY NETWORK DEPLOYMENT,

2024–2030 (USD MILLION)          91

TABLE 31          PUBLIC NETWORKS: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          91

TABLE 32           PRIVATE NETWORKS: OPEN RADIO ACCESS NETWORK MARKET, BY REGION, 2024–2030 (USD MILLION)            92

TABLE 33           OPEN RADIO ACCESS NETWORK MARKET, BY FREQUENCY BAND,

2024–2030 (USD MILLION)          94

TABLE 34           SUB-6GHZ: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          95

TABLE 35           MMWAVE: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          96

TABLE 36           OTHER FREQUENCY BANDS: OPEN RADIO ACCESS NETWORK MARKET, BY REGION, 2024–2030 (USD MILLION)            97

TABLE 37           OPEN RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT PHASE,

2024–2030 (USD MILLION)          100

TABLE 38           GREENFIELD: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          100

TABLE 39           BROWNFIELD: OPEN RADIO ACCESS NETWORK MARKET, BY REGION,

2024–2030 (USD MILLION)          101

TABLE 40           OPEN RADIO ACCESS NETWORK MARKET, BY REGION, 2024–2030 (USD MILLION)     103

TABLE 41           NORTH AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY OFFERING,

2024–2030 (USD MILLION)          105

TABLE 42           NORTH AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY HARDWARE, 2024–2030 (USD MILLION)         106

TABLE 43           NORTH AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY SOFTWARE, 2024–2030 (USD MILLION)          106

TABLE 44           NORTH AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY SERVICE,

2024–2030 (USD MILLION)          106

TABLE 45           NORTH AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY NETWORK DEPLOYMENT, 2024–2030 (USD MILLION)             106

TABLE 46           NORTH AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY FREQUENCY BAND, 2024–2030 (USD MILLION)          107

TABLE 47           NORTH AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT PHASE, 2024–2030 (USD MILLION)      107

TABLE 48           EUROPE: OPEN RADIO ACCESS NETWORK MARKET, BY OFFERING,

2024–2030 (USD MILLION)          109

TABLE 49           EUROPE: OPEN RADIO ACCESS NETWORK MARKET, BY HARDWARE,

2024–2030 (USD MILLION)          110

TABLE 50           EUROPE: OPEN RADIO ACCESS NETWORK MARKET, BY SOFTWARE,

2024–2030 (USD MILLION)          110

TABLE 51           EUROPE: OPEN RADIO ACCESS NETWORK MARKET, BY SERVICE,

2024–2030 (USD MILLION)          110

TABLE 52           EUROPE: OPEN RADIO ACCESS NETWORK MARKET, BY NETWORK DEPLOYMENT, 2024–2030 (USD MILLION)    110

TABLE 53           EUROPE: OPEN RADIO ACCESS NETWORK MARKET, BY FREQUENCY BAND,

2024–2030 (USD MILLION)          111

TABLE 54           EUROPE: OPEN RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT PHASE, 2024–2030 (USD MILLION)           111

TABLE 55           ASIA PACIFIC: OPEN RADIO ACCESS NETWORK MARKET, BY OFFERING,

2024–2030 (USD MILLION)          114

TABLE 56           ASIA PACIFIC: OPEN RADIO ACCESS NETWORK MARKET, BY HARDWARE,

2024–2030 (USD MILLION)          115

TABLE 57           ASIA PACIFIC: OPEN RADIO ACCESS NETWORK MARKET, BY SOFTWARE,

2024–2030 (USD MILLION)          115

TABLE 58           ASIA PACIFIC: OPEN RADIO ACCESS NETWORK MARKET, BY SERVICE,

2024–2030 (USD MILLION)          115

TABLE 59           ASIA PACIFIC: OPEN RADIO ACCESS NETWORK MARKET, BY NETWORK DEPLOYMENT, 2024–2030 (USD MILLION)    115

TABLE 60           ASIA PACIFIC: OPEN RADIO ACCESS NETWORK MARKET, BY FREQUENCY BAND, 2024–2030 (USD MILLION)  116

TABLE 61           ASIA PACIFIC: OPEN RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT PHASE, 2024–2030 (USD MILLION)           116

TABLE 62           MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK MARKET, BY OFFERING, 2024–2030 (USD MILLION)        118

TABLE 63           MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK MARKET, BY HARDWARE, 2024–2030 (USD MILLION)      118

TABLE 64           MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK MARKET, BY SOFTWARE, 2024–2030 (USD MILLION)       119

TABLE 65           MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK MARKET, BY SERVICE, 2024–2030 (USD MILLION)            119

TABLE 66           MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK MARKET, BY NETWORK DEPLOYMENT, 2024–2030 (USD MILLION)         119

TABLE 67           MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK MARKET, BY FREQUENCY BAND, 2024–2030 (USD MILLION)       119

TABLE 68           MIDDLE EAST & AFRICA: OPEN RADIO ACCESS NETWORK MARKET,

BY DEPLOYMENT PHASE, 2024–2030 (USD MILLION)      120

TABLE 69           LATIN AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY OFFERING,

2024–2030 (USD MILLION)          121

TABLE 70           LATIN AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY HARDWARE,

2024–2030 (USD MILLION)          122

TABLE 71           LATIN AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY SOFTWARE,

2024–2030 (USD MILLION)          122

TABLE 72           LATIN AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY SERVICE,

2024–2030 (USD MILLION)        122

TABLE 73           LATIN AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY NETWORK DEPLOYMENT, 2024–2030 (USD MILLION)    122

TABLE 74           LATIN AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY FREQUENCY

BAND, 2024–2030 (USD MILLION)           123

TABLE 75           LATIN AMERICA: OPEN RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT PHASE, 2024–2030 (USD MILLION)           123

TABLE 76           OPEN RADIO ACCESS NETWORK MARKET: DEGREE OF COMPETITION 127

TABLE 77           OFFERING FOOTPRINT 133

TABLE 78           NETWORK DEPLOYMENT FOOTPRINT 134

TABLE 79           REGIONAL FOOTPRINT             135

TABLE 80           OPEN RADIO ACCESS NETWORK MARKET: KEY START-UPS/SMES         138

TABLE 81           OPEN RADIO ACCESS NETWORK MARKET: COMPETITIVE BENCHMARKING OF

KEY START-UPS/SMES  139

TABLE 82           OPEN RADIO ACCESS NETWORK MARKET: PRODUCT LAUNCHES,

JANUARY 2021–JANUARY 2024   140

TABLE 83           OPEN RADIO ACCESS NETWORK MARKET: DEALS, JANUARY 2021–MARCH 2024          140

TABLE 84           ERICSSON: COMPANY OVERVIEW          144

TABLE 85           ERICSSON: PRODUCTS/SOLUTIONS/SERVICES OFFERED              145

TABLE 86           ERICSSON: PRODUCT LAUNCHES          146

TABLE 87           ERICSSON: DEALS          146

TABLE 88           NOKIA: COMPANY OVERVIEW  148

TABLE 89           NOKIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED   149

TABLE 90           NOKIA: DEALS  150

TABLE 91           SAMSUNG: COMPANY OVERVIEW          151

TABLE 92           SAMSUNG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              152

TABLE 93           SAMSUNG: DEALS         153

TABLE 94           NEC CORPORATION: COMPANY OVERVIEW      154

TABLE 95           NEC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          155

TABLE 96           NEC CORPORATION: PRODUCT LAUNCHES      156

TABLE 97           NEC CORPORATION: DEALS     156

TABLE 98           MAVENIR: COMPANY OVERVIEW           158

TABLE 99           MAVENIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED              158

TABLE 100         MAVENIR: DEALS           159

TABLE 101         HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW              160

TABLE 102         HUAWEI TECHNOLOGIES CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   162

TABLE 103         HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES              162

TABLE 104         HPE: COMPANY OVERVIEW       163

TABLE 105         HPE: PRODUCTS/SOLUTIONS/SERVICES OFFERED        164

TABLE 106         HPE: DEALS      165

TABLE 107         BROADCOM: COMPANY OVERVIEW      166

TABLE 108         BROADCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED              167

TABLE 109         BROADCOM: DEALS      168

TABLE 110         FUJITSU: COMPANY OVERVIEW 169

TABLE 111         FUJITSU: PRODUCTS/SOLUTIONS/SERVICES OFFERED 170

TABLE 112         FUJITSU: DEALS             171

TABLE 113         VIAVI SOLUTIONS: COMPANY OVERVIEW          172

TABLE 114         VIAVI SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          173

TABLE 115         VIAVI SOLUTIONS: DEALS         174

TABLE 116         JUNIPER NETWORKS: COMPANY OVERVIEW     175

TABLE 117         JUNIPER NETWORKS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          176

TABLE 118         JUNIPER NETWORKS: DEALS     177

TABLE 119         CLOUD-RADIO ACCESS NETWORK MARKET, BY COMPONENT,

2016–2019 (USD MILLION)          193

TABLE 120         CLOUD-RADIO ACCESS NETWORK MARKET, BY COMPONENT,

2019–2025 (USD MILLION)          193

TABLE 121         SOLUTIONS: CLOUD-RADIO ACCESS NETWORK MARKET, BY REGION,

2016–2019 (USD MILLION)          193

TABLE 122         SOLUTIONS: CLOUD-RADIO ACCESS NETWORK MARKET, BY REGION,

2019–2025 (USD MILLION)          194

TABLE 123         SERVICES: CLOUD-RADIO ACCESS NETWORK MARKET, BY REGION,

2016–2019 (USD MILLION)          194

TABLE 124         SERVICES: CLOUD-RADIO ACCESS NETWORK MARKET, BY REGION,

2019–2025 (USD MILLION)          195

TABLE 125         SERVICES: CLOUD-RADIO ACCESS NETWORK MARKET, BY TYPE,

2016–2019 (USD MILLION)          195

TABLE 126         SERVICES: CLOUD-RADIO ACCESS NETWORK MARKET, BY TYPE,

2019–2025 (USD MILLION)          195

TABLE 127         CLOUD-RADIO ACCESS NETWORK MARKET, BY NETWORK TYPE,

2016–2019 (USD MILLION)          196

TABLE 128         CLOUD-RADIO ACCESS NETWORK MARKET, BY NETWORK TYPE,

2019–2025 (USD MILLION)          196

TABLE 129        CLOUD-RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT,

2016–2019 (USD MILLION)          196

TABLE 130        CLOUD-RADIO ACCESS NETWORK MARKET, BY DEPLOYMENT,

2019–2025 (USD MILLION)          197

TABLE 131         CLOUD-RADIO ACCESS NETWORK MARKET, BY END USER,

2016–2019 (USD MILLION)          197

TABLE 132         CLOUD-RADIO ACCESS NETWORK MARKET, BY END USER,

2019–2025 (USD MILLION)          197

TABLE 133         MMWAVE 5G MARKET, BY COMPONENT, 2018–2021 (USD MILLION)          198

TABLE 134         MMWAVE 5G MARKET, BY COMPONENT, 2022–2027 (USD MILLION)          198

TABLE 135         SERVICES: MMWAVE 5G MARKET, BY TYPE, 2018–2021 (USD MILLION)          199

TABLE 136         SERVICES: MMWAVE 5G MARKET, BY TYPE, 2022–2027 (USD MILLION)          199

TABLE 137         MMWAVE 5G MARKET, BY USE CASE, 2018–2021 (USD MILLION)              199

TABLE 138         MMWAVE 5G MARKET, BY USE CASE, 2022–2027 (USD MILLION)              199

TABLE 139         MMWAVE 5G MARKET, BY BANDWIDTH, 2018–2021 (USD MILLION)          200

TABLE 140         MMWAVE 5G MARKET, BY BANDWIDTH, 2022–2027 (USD MILLION)          200

TABLE 141         MMWAVE 5G MARKET, BY APPLICATION, 2018–2021 (USD MILLION)          201

TABLE 142         MMWAVE 5G MARKET, BY APPLICATION, 2022–2027 (USD MILLION)          201

TABLE 143         MMWAVE 5G MARKET, BY END USER, 2018–2021 (USD MILLION)          202

TABLE 144         MMWAVE 5G MARKET, BY END USER, 2022–2027 (USD MILLION)          202

TABLE 145         MMWAVE 5G MARKET, BY REGION, 2018–2021 (USD MILLION)              203

TABLE 146         MMWAVE 5G MARKET, BY REGION, 2022–2027 (USD MILLION)              203

LIST OF FIGURES

FIGURE 1           OPEN RADIO ACCESS NETWORK MARKET: RESEARCH DESIGN              28

FIGURE 2           BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,

DESIGNATION, AND REGION    30

FIGURE 3           OPEN RADIO ACCESS NETWORK MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES       31

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): REVENUE OF VENDORS IN OPEN RADIO ACCESS NETWORK MARKET            32

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2 (DEMAND SIDE): OPEN RADIO ACCESS NETWORK MARKET      33

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS          33

FIGURE 7           MARKET SIZE ESTIMATION USING BOTTOM-UP APPROACH              34

FIGURE 8           DATA TRIANGULATION             35

FIGURE 9           OPEN RADIO ACCESS NETWORK MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD    39

FIGURE 10         OPEN RADIO ACCESS NETWORK MARKET: REGIONAL SNAPSHOT        40

FIGURE 11         RISING INVESTMENT IN 5G NETWORKS CONTRIBUTING TO ADOPTION OF OPEN RADIO ACCESS NETWORK SOLUTIONS    41

FIGURE 12         OPEN RADIO ACCESS NETWORK MARKET: TOP GROWING SEGMENTS, 2024            42

FIGURE 13         SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       42

FIGURE 14         PUBLIC NETWORKS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2024 43

FIGURE 15         DEPLOYMENT & INTEGRATION SEGMENT TO ACCOUNT FOR HIGHEST

GROWTH RATE DURING FORECAST PERIOD     43

FIGURE 16         SUB-6GHZ SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD      44

FIGURE 17         GREENFIELD SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD      44

FIGURE 18         SOFTWARE AND GREENFIELD SEGMENTS TO HOLD LARGEST MARKET

SHARES IN 2024 45

FIGURE 19         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: OPEN RADIO ACCESS NETWORK MARKET         46

FIGURE 20         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              49

FIGURE 21         AVERAGE SELLING PRICE TRENDS OF KEY PLAYERS, BY HARDWARE      49

FIGURE 22         OPEN RADIO ACCESS NETWORK MARKET: SUPPLY CHAIN ANALYSIS          50

FIGURE 23         KEY PLAYERS IN OPEN RADIO ACCESS NETWORK MARKET ECOSYSTEM     53

FIGURE 24         LIST OF MAJOR PATENTS FOR OPEN RADIO ACCESS NETWORK              56

FIGURE 25         MACHINES FOR RECEPTION, CONVERSION, AND TRANSMISSION OR REGENERATION OF VOICE, IMAGES, OR OTHER DATA, INCLUDING SWITCHING

AND ROUTING APPARATUS, BY KEY COUNTRY, 2015–2022 (USD BILLION)              59

FIGURE 26         MACHINES FOR RECEPTION, CONVERSION, AND TRANSMISSION OR REGENERATION OF VOICE, IMAGES, OR OTHER DATA, INCLUDING SWITCHING

AND ROUTING APPARATUS, BY KEY COUNTRY, 2015–2022 (USD BILLION)              60

FIGURE 27         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR NETWORK OPERATORS             67

FIGURE 28         KEY BUYING CRITERIA FOR TOP NETWORK OPERATORS              68

FIGURE 29         EVOLUTION OF OPEN RADIO ACCESS NETWORK          72

FIGURE 30         LEADING GLOBAL OPEN RADIO ACCESS NETWORK MARKET VENDORS BY NUMBER OF INVESTORS AND FUNDING ROUNDS, 2023    73

FIGURE 31         SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       78

FIGURE 32         PRIVATE NETWORKS SEGMENT TO GROW AT HIGHER CAGR DURING

FORECAST PERIOD       90

FIGURE 33         MMWAVE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD       94

FIGURE 34         BROWNFIELD SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD       99

FIGURE 35         NORTH AMERICA: MARKET SNAPSHOT 105

FIGURE 36         ASIA PACIFIC: MARKET SNAPSHOT       114

FIGURE 37         REVENUE ANALYSIS FOR KEY COMPANIES, 2018–2023 (USD MILLION)          126

FIGURE 38         SHARE OF LEADING COMPANIES IN OPEN RADIO ACCESS

NETWORK MARKET, 2023           127

FIGURE 39         MARKET RANKING ANALYSIS OF TOP FIVE PLAYERS     129

FIGURE 40         OPEN RADIO ACCESS NETWORK MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     131

FIGURE 41         OVERALL COMPANY FOOTPRINT          132

FIGURE 42         OPEN RADIO ACCESS NETWORK MARKET: COMPANY EVALUATION MATRIX

(START-UPS/SMES), 2023           137

FIGURE 43         BRAND/PRODUCT COMPARISON          142

FIGURE 44         FINANCIAL METRICS OF KEY OPEN RADIO ACCESS NETWORK VENDORS          143

FIGURE 45         COMPANY VALUATION OF KEY OPEN RADIO ACCESS NETWORK VENDORS    143

FIGURE 46         ERICSSON: COMPANY SNAPSHOT          145

FIGURE 47         NOKIA: COMPANY SNAPSHOT  149

FIGURE 48         SAMSUNG: COMPANY SNAPSHOT          152

FIGURE 49         NEC CORPORATION: COMPANY SNAPSHOT      155

FIGURE 50         HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT              161

FIGURE 51         HPE: COMPANY SNAPSHOT      164

FIGURE 52         BROADCOM: COMPANY SNAPSHOT      167

FIGURE 53         FUJITSU: COMPANY SNAPSHOT             170

FIGURE 54         VIAVI SOLUTIONS: COMPANY SNAPSHOT         173

FIGURE 55         JUNIPER NETWORKS: COMPANY SNAPSHOT     176