Open RAN Set to Capture 6-8% of Total RAN Market by End of 2024, Fueled by Initiatives from Fujitsu, Samsung, Rakuten Symphony, and Mavenir

NEW YORK, Jan. 24, 2024 /PRNewswire/ — The growing competition in the Open RAN domain is expected to develop the Open RAN ecosystem in the next couple of years. Global technology intelligence firm ABI Research forecasts the Open RAN market will continue an upward, albeit slow, growth trajectory to reach 6% to 8% of the overall RAN market by the end of 2024.

“Currently, Open RAN vendors including Samsung, Mavenir, NEC, Fujitsu, Rakuten Symphony and Parallel Wireless hold around 95-97% of total open RAN market share whereas, incumbent vendors including Ericsson started to develop their Open RAN ecosystem and the industry is expected to see a turn-around during the second half of 2024,” states Saqlain Ali, 5G, 6G and Open RAN Senior Analyst at ABI Research.

Open RAN vendors, including Mavenir, NEC, Samsung, Fujitsu, and Rakuten Symphony, are leading early open RAN deployments, and they are expected to face fierce competition from incumbent vendors, including Ericsson and Nokia. Considering their global presence in the RAN market, Nokia and Ericsson are in a solid position to carry out massive-scale open RAN deployments in the next few years. For example, Ericsson has recently won a considerable deal with AT&T to deploy Open RAN in the United States and claimed the availability of its O-RAN-compliant radios by the start of 2024. Moreover, Nokia is partnering with Tier-1 operators, including DT and NTT DOCOMO, and open RAN vendors, including Mavenir, to accelerate their open RAN footprint worldwide.

“While the open RAN ecosystem is not mature, small-scale deployments will continue for the next few years. However, with further advancements related to open RAN silicon, multi-vendor interoperability, and testing, and the availability of RIC and ULPI interface for Massive MIMO could result in more favorable results, and an inflection point could happen between 2027 and 2028, ” Ali concludes.

These findings are from ABI Research’s Open RAN Vendor Market Share: RU, CU, and DU (TBC) market data report. This report is part of the company’s 5G, 6G and Open RAN research service, which includes research, data, and ABI Insights. Market Data spreadsheets comprise deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight into where opportunities lie.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info

Global
Deborah Petrara
Tel: +1.516.624.2558
[email protected]

Source : Open RAN Set to Capture 6-8% of Total RAN Market by End of 2024, Fueled by Initiatives from Fujitsu, Samsung, Rakuten Symphony, and Mavenir

The information provided in this article was created by Cision PR Newswire, our news partner. The author's opinions and the content shared on this page are their own and may not necessarily represent the perspectives of Thailand Business News.

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