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Open RAN market worth $15.6 billion by 2027

Open Radio Access Network (Open RAN) Market worth $15.6 billion by 2027, according to Markets and Markets.

4G LTE segment is estimated to lead the Open RAN Market in 2022
4G LTE is a high-capacity mobile multimedia up to 100Mbps. In developed economies such as the US, mobile operators are focusing on geopolitics around Chinese vendors that have created a much bigger opportunity for Open RAN for their 4G brownfield networks. Other minor US operators like Inland Cellular are already expanding their 4G networks with Open RAN.

Open RAN RU segment is set to emerge as a larger market during the forecast period
functional split RU, DU, and CU concept is becoming fundamental in Open RAN. A split architecture that is between central and distributed units permits coordination for performance features, real-time performance optimization, load management, and enables adaptation to various use cases and the QoS that needs to be supported. Open RAN RU is further segmented into macro cell and small cell.

Greenfield segment is expected to have higher growth rate during the forecast period
Greenfield refers to a low-capacity network. For greenfield 4G or 5G deployments, the Open RAN solution is suitable as it leads to faster deployment. Operators find it easy with greenfield networks to scale their new networks as the software-enabled network makes it easy for operators with simplified expansions.

CT Bureau

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