Lucintel Forecasts the Global Open vRAN Market is expected to grow with a CAGR of 19.4% from 2025 to 2031
Lucintel Forecasts the Global Open vRAN Market is expected to grow with a CAGR of 19.4% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global open vRAN market looks promising with opportunities in the indoor base station and outdoor base station markets. The global open vRAN market is expected to grow with a CAGR of 19.4% from 2025 to 2031. The major drivers for this market are increasing demand for 5G networks, rising need for network flexibility, and growing investments in virtualized infrastructure.
A more than 150-page report to understand trends, opportunity and forecast in open vRAN market to 2031 by type (hardware and software & services), application (indoor base station and outdoor base station), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, software & service is expected to witness higher growth over the forecast period due to increasing network virtualization and flexibility.
Within the application category, outdoor base station is expected to witness the higher growth due to expanding network coverage needs.
Download sample by clicking on open vRAN market
In terms of region, APAC is expected to witness the highest growth over the forecast period due to rapid 5G deployment in this region.
Mavenir, NEC, Samsung, Fujitsu, Qualcomm are the major suppliers in the open vRAN market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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