O-RAN Market
O-RAN Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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O-RAN Market Size and Growth
The O-RAN market is experiencing robust growth, driven by increasing demand for open, interoperable networks. The global market size is projected to reach approximately $25 billion by 2027, with a CAGR of over 30%. Key factors include the shift towards 5G, cost efficiency, and enhanced network flexibility, ensuring competitive edge.
Companies Covered
(Covid 19 Impact Covered)
◍ Nokia
◍ Samsung
◍ Ericsson
◍ Juniper Networks
◍ NEC
◍ Fujitsu
◍ Parallel Wireless
◍ CISCO
◍ Tech Mahindra
◍ Dell
◍ Altiostar
◍ Vmware
◍ JMA Wireless
◍ Mavenir
The O-RAN market features key players like Nokia, Samsung, Ericsson, and others, enhancing RAN flexibility and cost-effectiveness. Companies utilize O-RAN to drive innovation and interoperability. Notable revenue figures include:
- Nokia: €22.2 billion
- Ericsson: SEK 132.5 billion
- Cisco: $13.5 billion
These contributions foster market growth.
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