Global 5G Radio Access Network Market Size Study & Forecast, by Component, By Architecture Type, By Deployment, By End-user, and Regional Analysis, 2023-2030

Description

List of Tables

Global 5G Radio Access Network Market is valued approximately at USD 17.95 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 11.4% over the forecast period 2023-2030. The 5G Radio Access Network (RAN) is a fundamental component of 5G wireless infrastructure, connecting user devices such as smartphones and IoT devices to the core network. It consists of base stations or radio units that are installed on roofs or cell towers and use cutting-edge technology such as beamforming and massive MIMO to increase coverage and capacity. For flexibility and scalability, the 5G RAN uses both distributed and centralized designs, integrating network function virtualization (NFV) and software-defined networking (SDN). It employs a variety of frequency bands, including low-band, mid-band and high-band spectrum, and offers applications with extremely low latency and high throughput. Integration with the core network enables seamless communication and service delivery, catering to diverse need for 5G adoption across industries. The rising demand for low-latency bandwidth connections and intensified research and development efforts by key organizations. Furthermore, the extensive deployment of 5G radio access networks (RAN) featuring numerous small cells and macro cell base stations on a global scale is significantly boosting market expansion throughout the forecast period.

Additionally, the rapid proliferation of Industry 4.0 and the Internet of Things (IoT) demands reliable and scalable connectivity solutions that 5G RAN is a prominent factor, which, in turn, propels the market demand across the globe. These solutions allow billions of devices to be connected and enable smart city, smart grid, and industrial automation applications. According to Statista, in 2021, approximately 11.28 billion Internet of Things (IoT) connected devices were recorded, which is anticipated to increase and is likely to reach 29.42 billion IoT connected devices by 2030. Therefore, these aforementioned factors are soaring the market demand across the globe. Moreover, the rising technological advancement in radio access technologies, as well as the growing initiatives and investments by government to promote 5G deployment and infrastructure development, presents various lucrative opportunities over the forecast years. However, the high infrastructure costs and the rise in security and privacy of data on 5G networks are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global 5G Radio Access Network Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the presence of several manufacturers such as Huawei Technologies Co., Ltd., and Samsung, alongside substantial investments directed toward constructing automated factories. Moreover, significant investment in acquiring 5G spectrum in pivotal countries such as South Korea, China, India, Australia, and Japan are poised to drive regional expansion. Additionally, the gradual rise in the number of small and medium IT companies in emerging nations such as India is anticipated to accelerate the adoption of 5G services in the region. Furthermore, the region's untapped potential is fostering new investment opportunities for mobile network operators and communication service providers. Whereas, North America is expected to grow at the significant CAGR over the forecast years. The region boasts a highly developed 5G infrastructure and a robust research and development base, which are significantly propelling the market demand. North America has expedited the implementation of advanced 5G technologies with a well-established 5G infrastructure, supported by substantial government investments in 5G rollouts and deployments across the U.S. and Canada.

Major market players included in this report are:

Telefonaktiebolaget LM Ericsson
Qualcomm Technologies, Inc.
Nokia Corporation
Intel Corporation
SAMSUNG Electronics Co., Ltd
Verizon Communications Inc.
Cisco Systems, Inc
Huawei Technologies Co., Ltd.
Broadcom Inc.
Rakuten Symphony Singapore Pte. Ltd

Recent Developments in the Market:

In May 2023, Nokia declared that Orange Jordan has chosen it to provide modern 5G Radio Access Network (RAN) technology throughout the Jordanian Kingdom. With this strategic partnership, Orange Jordan is taking a significant step toward its goal of giving its customers better connection and capacity while also setting the foundation for the digital transformation of the nation's economy.
In March 2023, Rakuten Symphony Singapore Pte. Ltd, in partnership with its parent company Rakuten Mobile, unveiled the inauguration of the Open RAN Customer Experience Centre situated in Weybridge, southwest of London. This new establishment, first introduced in November, materializes from an innovative endeavour backed by USD 2.3 million in funding from Japan's Ministry of Internal Affairs and Communications (MIC). Rakuten Symphony's Open RAN Customer Experience Centre features an on-site, cloud-based radio access network installation, exemplifying a forward-looking approach to technological advancement.
In December 2022, Telefonaktiebolaget LM Ericsson revealed plans for a significant expansion in Pune, India, reaffirming its dedication to advancing 5G infrastructure and amplifying production capacity and operations. This strategic initiative emphasizes the expansion of cutting-edge manufacturing capabilities and heralds considerable employment prospects, with an estimated 2,000 job opportunities being generated in Pune, India.

Global 5G Radio Access Network Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Component, Architecture Type, Deployment, End-user, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Hardware
Software
Services

By Architecture Type:

CRAN
ORAN
VRAN

By Deployment:

Indoor
Outdoor

By End-user:

Telecom Operators
Enterprises

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. 5G Radio Access Network Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. 5G Radio Access Network Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. 5G Radio Access Network Market, by Architecture Type, 2020-2030 (USD Billion)
- 1.2.4. 5G Radio Access Network Market, by Deployment, 2020-2030 (USD Billion)
- 1.2.5. 5G Radio Access Network Market, by End-user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global 5G Radio Access Network Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global 5G Radio Access Network Market Dynamics

3.1. 5G Radio Access Network Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rapid proliferation of Industry 4.0 and the Internet of Things (IoT)
  - 3.1.1.2. Extensive deployment of 5G radio access networks (RAN)
- 3.1.2. Market Challenges
  - 3.1.2.1. High infrastructure costs
  - 3.1.2.2. Rise in security and privacy of data on 5G networks
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rise in technological advancements in radio access technologies
  - 3.1.3.2. Growing initiatives and investments to promote 5G deployment and infrastructure development

Chapter 4. Global 5G Radio Access Network Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global 5G Radio Access Network Market, by Component

5.1. Market Snapshot
5.2. Global 5G Radio Access Network Market by Component, Performance - Potential Analysis
5.3. Global 5G Radio Access Network Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. 5G Radio Access Network Market, Sub Segment Analysis
- 5.4.1. Hardware
- 5.4.2. Software
- 5.4.3. Services

Chapter 6. Global 5G Radio Access Network Market, by Architecture Type

6.1. Market Snapshot
6.2. Global 5G Radio Access Network Market by Architecture Type, Performance - Potential Analysis
6.3. Global 5G Radio Access Network Market Estimates & Forecasts by Architecture Type 2020-2030 (USD Billion)
6.4. 5G Radio Access Network Market, Sub Segment Analysis
- 6.4.1. CRAN
- 6.4.2. ORAN
- 6.4.3. VRAN

Chapter 7. Global 5G Radio Access Network Market, by Deployment

7.1. Market Snapshot
7.2. Global 5G Radio Access Network Market by Deployment, Performance - Potential Analysis
7.3. Global 5G Radio Access Network Market Estimates & Forecasts by Deployment 2020-2030 (USD Billion)
7.4. 5G Radio Access Network Market, Sub Segment Analysis
- 7.4.1. Indoor
- 7.4.2. Outdoor

Chapter 8. 5G Radio Access Network Market, by End-user

8.1. Market Snapshot
8.2. Global 5G Radio Access Network Market by End-user, Performance - Potential Analysis
8.3. Global 5G Radio Access Network Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
8.4. 5G Radio Access Network Market, Sub Segment Analysis
- 8.4.1. Telecom Operators
- 8.4.2. Enterprises

Chapter 9. Global 5G Radio Access Network Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. 5G Radio Access Network Market, Regional Market Snapshot
9.4. North America 5G Radio Access Network Market
- 9.4.1. U.S. 5G Radio Access Network Market
  - 9.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Architecture Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Deployment breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. End-user breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada 5G Radio Access Network Market
9.5. Europe 5G Radio Access Network Market Snapshot
- 9.5.1. U.K. 5G Radio Access Network Market
- 9.5.2. Germany 5G Radio Access Network Market
- 9.5.3. France 5G Radio Access Network Market
- 9.5.4. Spain 5G Radio Access Network Market
- 9.5.5. Italy 5G Radio Access Network Market
- 9.5.6. Rest of Europe 5G Radio Access Network Market
9.6. Asia-Pacific 5G Radio Access Network Market Snapshot
- 9.6.1. China 5G Radio Access Network Market
- 9.6.2. India 5G Radio Access Network Market
- 9.6.3. Japan 5G Radio Access Network Market
- 9.6.4. Australia 5G Radio Access Network Market
- 9.6.5. South Korea 5G Radio Access Network Market
- 9.6.6. Rest of Asia Pacific 5G Radio Access Network Market
9.7. Latin America 5G Radio Access Network Market Snapshot
- 9.7.1. Brazil 5G Radio Access Network Market
- 9.7.2. Mexico 5G Radio Access Network Market
9.8. Middle East & Africa 5G Radio Access Network Market
- 9.8.1. Saudi Arabia 5G Radio Access Network Market
- 9.8.2. South Africa 5G Radio Access Network Market
- 9.8.3. Rest of Middle East & Africa 5G Radio Access Network Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Telefonaktiebolaget LM Ericsson
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Qualcomm Technologies, Inc.
- 10.3.3. Nokia Corporation
- 10.3.4. Intel Corporation
- 10.3.5. SAMSUNG Electronics Co., Ltd
- 10.3.6. Verizon Communications Inc.
- 10.3.7. Cisco Systems, Inc
- 10.3.8. Huawei Technologies Co., Ltd.
- 10.3.9. Broadcom Inc.
- 10.3.10. Rakuten Symphony Singapore Pte. Ltd

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global 5G Radio Access Network Market, report scope
TABLE 2. Global 5G Radio Access Network Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global 5G Radio Access Network Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global 5G Radio Access Network Market estimates & forecasts by Architecture Type 2020-2030 (USD Billion)
TABLE 5. Global 5G Radio Access Network Market estimates & forecasts by Deployment 2020-2030 (USD Billion)
TABLE 6. Global 5G Radio Access Network Market estimates & forecasts by End-user 2020-2030 (USD Billion)
TABLE 7. Global 5G Radio Access Network Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global 5G Radio Access Network Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global 5G Radio Access Network Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global 5G Radio Access Network Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global 5G Radio Access Network Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global 5G Radio Access Network Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global 5G Radio Access Network Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global 5G Radio Access Network Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global 5G Radio Access Network Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global 5G Radio Access Network Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia 5G Radio Access Network Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA 5G Radio Access Network Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global 5G Radio Access Network Market
TABLE 72. List of primary sources, used in the study of global 5G Radio Access Network Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global 5G Radio Access Network Market, research methodology
FIG 2. Global 5G Radio Access Network Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global 5G Radio Access Network Market, key trends 2022
FIG 5. Global 5G Radio Access Network Market, growth prospects 2023-2030
FIG 6. Global 5G Radio Access Network Market, porters 5 force model
FIG 7. Global 5G Radio Access Network Market, pest analysis
FIG 8. Global 5G Radio Access Network Market, value chain analysis
FIG 9. Global 5G Radio Access Network Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global 5G Radio Access Network Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global 5G Radio Access Network Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global 5G Radio Access Network Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global 5G Radio Access Network Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global 5G Radio Access Network Market, regional snapshot 2020 & 2030
FIG 15. North America 5G Radio Access Network Market 2020 & 2030 (USD Billion)
FIG 16. Europe 5G Radio Access Network Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific 5G Radio Access Network Market 2020 & 2030 (USD Billion)
FIG 18. Latin America 5G Radio Access Network Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa 5G Radio Access Network Market 2020 & 2030 (USD Billion)