Open RAN Market Strengthens Amid Shift Toward Disaggregated Network Components

The global Open RAN market size was estimated at USD 4,512.8 million in 2024 and is projected to reach USD 20,410.1 million by 2030, growing at a CAGR of 25.6% from 2025 to 2030. Open Radio Access Network (O-RAN) refers to a nonproprietary version of RAN that enables interoperability between cellular network equipment from multiple vendors.

O-RAN allows telecom operators to source hardware and software solutions from different suppliers, leading to significant cost reductions in equipment and operations. The resulting vendor diversity, flexibility, and reduced costs are expected to be key drivers of market growth during the forecast period. In February 2018, major telecom companies such as China Mobile, AT&T Inc., Deutsche Telekom, Orange, and NTT DOCOMO established the O-RAN ALLIANCE.

The O-RAN ALLIANCE aims to redefine the RAN industry by promoting open, intelligent, virtualized, and fully interoperable mobile networks. O-RAN-based networks help operators enhance operational efficiency. The alliance has introduced specifications that support a more dynamic and competitive RAN ecosystem, facilitating quicker innovation and improved user experiences. With O-RAN, operators can make component choices based on budget and performance requirements, creating a cost-effective and agile alternative to traditional RAN systems.

Moreover, the open structure of O-RAN contributes to lower deployment and maintenance costs, intensifying competition among vendors and encouraging price reductions. This affordability, paired with the ability to select best-in-class components, enables operators to enhance network performance, support higher data speeds, and improve service reliability, ultimately leading to better customer satisfaction.

Geopolitical dynamics and regulatory backing are also bolstering the Open RAN market. Governments in regions like the U.S. and Europe see Open RAN as a strategic solution for enhancing national security and reducing reliance on single-source vendors. Such regulatory encouragement boosts market competition and opens opportunities for local and smaller tech providers, driving innovation and strengthening regional telecom ecosystems. Consequently, Open RAN is becoming a vital element of next-generation telecommunications infrastructure, supporting goals of security, affordability, and adaptability across global markets.

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Key Market Trends & Insights

• Regional Insight: North America emerged as the largest revenue-generating region in 2024.
• Country Highlight: India is projected to record the highest CAGR from 2025 to 2030.
• Component Insight: The hardware segment accounted for USD 3,017.5 million in 2024 revenue.
• Growth Segment: Software is expected to be the fastest-growing segment during the forecast period.

Market Size & Forecast

• 2024 Market Size: USD 4,512.8 Million
• 2030 Projected Market Size: USD 20,410.1 Million
• CAGR (2025–2030): 25.6%
• Top Region: North America

Key Open RAN Company Insights

Leading players in the Open RAN market include Samsung Electronics Co., Ltd., NEC Corporation, Fujitsu Limited, and others. European giants like Ericsson and Nokia are prominent in regions such as Europe, North America, and Asia, supported by strong government investments in 5G infrastructure.

• Samsung Electronics Co., Ltd. is a major contributor, providing telecom infrastructure and open RAN solutions. With a robust global presence and a strong R&D focus, Samsung remains a leader in the open RAN ecosystem.
• NEC Corporation, with a long-standing legacy in IT and telecom, is actively developing open RAN solutions to support cost-effective and flexible network deployments. Its global operations and deep technological capabilities make it a significant market player.

Key Open RAN Companies

• Mavenir
• NEC Corporation
• Fujitsu Limited
• Nokia Corporation
• Samsung Electronics Co., Ltd.
• Radisys Corporation (Reliance Industries)
• Parallel Wireless
• ZTE Corporation
• AT&T Inc.
• Casa Systems, Inc.

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Conclusion

The Open RAN market is undergoing rapid transformation, fueled by a shift toward vendor-neutral, flexible, and cost-effective network architectures. Its ability to foster innovation, reduce dependence on proprietary systems, and enhance national security has garnered strong industry and governmental support. As global telecom operators prioritize agility, performance, and affordability in their 5G and future network strategies, Open RAN is poised to become a foundational component of modern mobile networks. With ongoing standardization efforts and increasing collaborations, the Open RAN ecosystem is set to overcome current challenges and unlock significant long-term value.