O-RAN Near-Real-Time RAN Intelligent Controller Market Share

North American Market Forecast

The North American O-RAN Near-Real-Time RAN Intelligent Controller market, amongst the market in all the other regions, is projected to hold the largest market share of about 38% by the end of 2036. The growth of the market can be attributed majorly to the presence of multiple telecom operators in the region. With all three major mobile operators being a part of the O-RAN ALLIANCE, North America and especially USA, is showing increased interest in the O-RAN architecture. For instance, in the year of 2020, US Department of Defense steered away from purchasing equipment’s from Chinese vendors posing security issues. This in turn leading to the growing adoption of Open RAN network systems in the future. There are also increased financial incentives and program-based funding provided for the O-RAN Ecosystem. The increased frequency and services in the 5G technology in the region are yet another reason.  For instance, there were more than 1 million 5G service subscriptions in the United States by the end of 2019 in the United States. The United States of America, Canada are the top runners when it comes to highest growth rate in North America region. With studies and reports suggesting the full launch and operations of 5G in the area, it increases the market share of O-RAN Near-Real-Time Intelligent Controller Market. These factors are anticipated to boost the market’s growth during the forecast period in the region.

APAC Market Statistics

The Asia Pacific O-RAN Near-Real-Time RAN Intelligent Controller Market, amongst the market in all the other regions, is projected to hold the second largest share of about 27% during the forecast period. The growth of the market can be attributed majorly to the launch of 5 G operations in the region. Another factor behind this surge includes the shift from traditional RAN to Open RAN in Japan. In India, the top three operators are developing O-RAN Network technology. In 2021, Bharti Airtel hosted the O-RAN ALLIANCE Global PlugFest with other global O-RAN Community. Airtel is also the first operator in India to deploy the virtual RAN commercially. Moreover, presence of various network equipment providers in the region has led to much faster and positive adoption of 5G services in the region. The region will also be dominating player in centralized RAN market as there is a steady rise in deployment of the architecture. The steady growth of internet, industrialization, faster connectivity demand are other factors that are anticipated to boost the market’s growth in the region during the forecast period.

Europe Market Forecast

Further, the market in Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2036. The growth of the market can be attributed majorly to the presence of multiple large Telecom operators in the region. Deutsche Telekom, Orange, Telefonica, TIM and Vodafone are working towards the advanced adoption of the O-RAN. Announcements are made about the funding from European governments to develop O-RAN architecture. Germany’s federal Ministry of Transport and Digital Infrastructure announced that it will providing 300 million euros for testing, developing and deployment of O-RAN technology in the country. United Kingdom on the other hand has embarked its own initiative of $350 million aimed at developing O-RAN systems. The growing government fundings, research and studies are also anticipated to boost the market’s growth in the region during the forecast period.