Navigating the Ups and Downs: The Future of Open RAN and vRAN Markets

The open radio access network (RAN) market has been gaining a lot of attention in recent years, with the aim of creating more competition and innovation within the telecommunications industry. Open RAN is disrupting the traditional network infrastructure, which has been dominated by a few large operators. This article will discuss the latest trends and developments in the open RAN market.

Key players in the Open RAN market

Samsung, NEC, Fujitsu, Rakuten, and Mavenir are the key players leading the Open RAN market in Q1 2021. These companies have been investing heavily in research and development and have been successful in creating cutting-edge technologies that are disrupting the traditional network infrastructure. Their latest innovations have enabled them to gain a significant market share in the Open RAN market.

Open RAN Revenue Growth

Open RAN revenues increased between 10% to 20% in Q1 2023, down from more than doubling in revenues that occurred in 2022. There has been a slowdown in the market growth, which is mainly due to a few large operators dominating the market. This has made it difficult for new players to enter the market and gain significant market share.

V-RAN (Virtualized Radio Access Network) Market Growth

Virtualized RAN (vRAN) saw market revenues increase between 20% and 30% year over year in the latest quarter. This growth can be attributed to the increasing adoption of virtualization in network infrastructure. Virtualization allows for more flexibility and scalability, making it easier to upgrade and maintain the system.

Slowdown in market growth

The slowdown in market growth is mainly due to a few large operators who are dominating the market. These operators have already invested heavily in traditional network infrastructure and have the resources to upgrade and maintain their systems. This has made it difficult for new players to enter the market and gain significant market share. However, small and medium operators are still showing interest in the Open RAN market as it allows them more flexibility and cost savings.

Open RAN equipment market share

Open RAN equipment is expected to account for between 6% and 10% of the total RAN market by the end of 2023. This represents a significant increase from previous years, demonstrating that the open RAN market is growing. While the EMEA region is gaining traction in adopting the Open RAN system, it is doing so at a slower rate than other regions.

Mavenir Funding

Mavenir, a key player in the Open RAN market, has secured $100 million in new funding for its Open RAN efforts. This funding will allow them to continue investing in research and development, and to expand their reach in the market.

Rakuten’s Open RAN system

Rakuten’s Open RAN system is nearly at software feature parity with already deployed network systems. This is a significant milestone for the open RAN market, as it shows that new technologies are feasible and can compete with traditional infrastructure. This will help to accelerate the adoption of open RAN systems in the market.

Verizon’s Plans for vRAN Deployment

Verizon plans to roll out a vRAN deployment by 2025, with a focus on ensuring the interface between different functions on the radio access network is common and open. This will enable them to create a more flexible and scalable network infrastructure that can adapt to changing demands.

The open RAN market is transforming the telecommunications industry, creating more competition and innovation in the market. Key players such as Samsung, NEC, Fujitsu, Rakuten, and Mavenir are leading the market with cutting-edge technologies, while small and medium operators are showing interest in the market. Virtualization is gaining traction in the industry, opening up new possibilities for flexibility and scalability. While there has been a slowdown in market growth due to the dominance of a few large operators, the open RAN market is expected to continue growing and disrupting the traditional network infrastructure in the coming years.

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