The global open RAN market size is expected to reach USD 20.41 billion by 2030, growing at a CAGR of 33.0% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. An open radio access network (O-RAN or Open RAN) is a concept based on the standardization and interoperability of RAN elements, including open-source software elements and a unified interconnection...

The global open RAN market size was estimated at USD 1,647.5 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 33.0% from 2023 to 2030. An open radio access network, or O-RAN, is a nonproprietary version of the radio access network (RAN) that allows interoperation between cellular network equipment provided by different vendors. Open RAN enables operators to...

Open RAN Industry Overview The global Open RAN (Radio Access Network) market was valued at USD 1,647.5 million in 2022 and is expected to grow at a robust compound annual growth rate (CAGR) of 33.0% from 2023 to 2030. Open RAN refers to a nonproprietary version of traditional radio access networks that allows for greater interoperability between cellular network equipment from various vendors....