Open Radio Access Network (Open RAN) Market Top Key Players, Gross Margin and Fast Forward Research
According to a research report "Open Radio Access Network (Open RAN) Market by Component (Hardware, Software, Services), Type (Open RAN RU, Open vRAN), Frequency (Sub-6GHz, mmWave), Radio Interface, Access (Public, Private), Network and Region - Global Forecast to 2027" published by MarketsandMarkets, the global Open RAN system market size is projected to grow from USD 1.1 billion in 2022 to USD 15.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 70.5% during the forecast period. Rising Open RAN demand from mobile operators is driving the growth of the Open RAN market.
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