PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1465557
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1465557
RAN Intelligent Controller Market - By Component (Platform, Services), By Function (Non-RT RIC, Near-RT RIC), By Technology (4G, 5G), By Application (rApps, xApps) & Forecast, 2024 - 2032
Global RAN Intelligent Controller Market size will demonstrate a 58.5% CAGR from 2024 to 2032, owing to the rapid deployment of 5G networks worldwide. As telecom operators expand their 5G infrastructure, the demand for intelligent controllers rises to optimize these advanced networks. Additionally, the industry's shift towards Open RAN (Open Radio Access Networks) architecture, promoting vendor-neutral and interoperable solutions, will further fuel the market. RAN Intelligent Controllers play a crucial role in managing the complexity of 5G networks and facilitating seamless interoperability, making them essential components in the evolving telecommunications landscape.
For instance, in February 2023, DOCOMO announced the development of a RAN Intelligent Controller (RIC) that facilitates interoperability among multiple vendors in Open Radio-Access Networks (Open RAN).
The RAN intelligent controller industry is segmented based on component, function, technology, application, and region.
The 5G segment will experience a substantial upswing by 2032, fueled by the rapid deployment of 5G networks worldwide. As 5G technology unlocks new possibilities in connectivity and data speeds, the demand for intelligent controllers to manage these networks efficiently rises. These controllers enable dynamic spectrum sharing, network slicing, and virtualization, essential for optimal 5G performance. With telecom operators prioritizing 5G rollouts, the 5G segment will emerge as the primary driver of the RAN intelligent controller market, shaping the future of high-speed wireless communication.
The RAN intelligent controller market share from the rApps segment will encounter a marked upturn through 2032, driven by diverse applications. These applications, ranging from network optimization to real-time analytics, cater to the evolving needs of telecom operators. With rApps providing crucial functionalities like traffic management and performance monitoring, their demand is surging. As operators strive to enhance network efficiency and deliver superior user experiences, the rApps segment will stand out. This trend aligns with the global shift towards more intelligent and adaptive networks, making rApps a significant contributor to the market's growth.
Europe RAN intelligent controller market will establish a noteworthy market share by 2032. The region's strong telecommunications infrastructure, in line with rapid 5G deployment, fuels demand for these controllers. European countries' focus on network efficiency and optimization further boosts market growth. Moreover, stringent regulations regarding network security and data privacy propel the adoption of RAN intelligent controllers. With a mature telecom market and an emphasis on cutting-edge technology, Europe will stand as a pivotal contributor to the expanding RAN intelligent controller industry.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2018 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Equipment manufacturers
- 3.2.2 Cloud and software providers
- 3.2.3 RAN optimization and management companies
- 3.2.4 Technology provider
- 3.2.5 End-user
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Increasing adoption of software-defined architectures
- 3.8.1.2 Efficiencies in network management and operations
- 3.8.1.3 Rapid deployment of next-gen networks
- 3.8.1.4 Demand for low-latency applications
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Cyberthreats to centralized control points
- 3.8.2.2 Complexity for implementation in existing network
- 3.8.1 Growth drivers
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.10.1 Supplier power
- 3.10.2 Buyer power
- 3.10.3 Threat of new entrants
- 3.10.4 Threat of substitutes
- 3.10.5 Industry rivalry
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Component 2018-2032 ($Bn)
- 5.1 Key trends
- 5.2 Platforms
- 5.3 Services
Chapter 6 Market Estimates & Forecast, By Function, 2018-2032 ($Bn)
- 6.1 Key trends
- 6.2 Non-real-time-RAN intelligent controller (Non-RT RIC)
- 6.3 Near-real-time-RAN intelligent controller (Near-RT RIC)
Chapter 7 Market Estimates & Forecast, By Technology, 2018-2032 ($Bn)
- 7.1 Key trends
- 7.2 4G
- 7.3 5G
Chapter 8 Market Estimates & Forecast, By Application, 2018-2032 ($Bn)
- 8.1 Key trends
- 8.2 rApps
- 8.3 xApps
Chapter 9 Market Estimates & Forecast, By Region ($Bn)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Spain
- 9.3.5 Russia
- 9.3.6 Italy
- 9.3.7 Nordics
- 9.3.8 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 MEA
- 9.6.1 UAE
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA
Chapter 10 Company Profiles
- 10.1 Broadcom
- 10.2 Cisco Systems, Inc.
- 10.3 Fujitsu
- 10.4 Huawei Technologies Co., Ltd.
- 10.5 Intel Corporation
- 10.6 Juniper Networks, Inc.
- 10.7 Mavenir
- 10.8 NEC Corporation
- 10.9 Nokia
- 10.10 Parellel Wireless
- 10.11 Rakuten Symphony Singapore Pte. Ltd
- 10.12 SAMSUNG
- 10.13 Telefonaktiebolaget LM Ericsson
- 10.14 VIAVI Solutions Inc.
- 10.15 VMware, Inc.
- 10.16 Vodafone Group
- 10.17 ZTE Corporation
