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Open Radio Access Network (Open RAN) Market Size, Segmentation Analysis, Trends, Share, and Forecast 2032
It was estimated that the global market for open radio access networks (Open RAN) was worth $1,670 million in 2023. It is anticipated that this market will reach $2,002 million by the end of 2032, with a compound annual growth rate (CAGR) of about 16% between 2024 and 2032.
Open Radio Access Network (Open RAN) Market Overview
The report by Zion Market Research is intended to offer a detailed study of the Open Radio Access Network (Open RAN) Market Size, and put forth CAGR% (compound annual growth rate) and market size (US$ Million) for the forecast period (2024–2032), keeping the base year 2023. The report is a set of first-hand data, insights from industry professionals, quantitative & qualitative evaluation by industry analysts, and industry partakers across the value chain. The report also entails the prominent players participating in the global market on the basis of the factors such as product portfolio, company highlights, financial performance, key highlights, and strategies.
The major market players are
- Radisys Corp.
- Mavenir
- AT&T Inc.
- NEC Corp.
- Fujitsu Ltd.
- Nokia Corp.
- ZTE Corp.
- Samsung Electronics Co. Ltd.
- Parallel Wireless
- Huawei Technologies Co. Ltd.
- and others.
The report entails an extensive evaluation of macroeconomic indicators, parent market trends, major factors that may either drive or hamper growth and market attract
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