Asia Pacific Open Ran Market Size & Outlook, 2023-2030
The open ran market in Asia Pacific is expected to reach a projected revenue of US$ 3,479.1 million by 2030. A compound annual growth rate of 40.4% is expected of Asia Pacific open ran market from 2024 to 2030.
Revenue, 2023 (US$M)
$323.0
Forecast, 2030 (US$M)
$3,479.1
CAGR, 2024 - 2030
40.4%
Report Coverage
Asia Pacific
Asia Pacific open ran market, 2019-2030 (US$M)
Related Markets
Asia Pacific open ran market highlights
- The Asia Pacific open ran market generated a revenue of USD 323.0 million in 2023.
- The market is expected to grow at a CAGR of 40.4% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 323.0 million |
| Market revenue in 2030 | USD 3,479.1 million |
| Growth rate | 40.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | NEC Corp, Fujitsu Ltd, Nokia Oyj, Samsung Electronics Co Ltd, Reliance Industries Ltd GDR - 144A, ZTE Corp Class H, Huawei Technologies, AT&T |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 11.7% of the global open ran market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,479.1 million by 2030.
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Open RAN Market Scope
Open ran market segmentation & scope
Hardware
Software
Consulting
Deployment and Implementation
Support and Maintenance
Open RAN Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific open ran market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to open ran market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 48.51% in 2023. Horizon Databook has segmented the Asia Pacific open ran market based on hardware, software, services covering the revenue growth of each sub-segment from 2019 to 2030.
- Asia Pacific Open RAN Component Outlook (Revenue, USD Million, 2019-2030)
- Hardware
- Software
- Services
- Consulting
- Deployment and Implementation
- Support and Maintenance
- Asia Pacific Open RAN Unit Outlook (Revenue, USD Million, 2019-2030)
- Radio Unit
- Distributed Unit
- Centralised Unit
- Asia Pacific Open RAN Deployment Outlook (Revenue, USD Million, 2019-2030)
- Private
- Hybrid Cloud
- Public Cloud
- Asia Pacific Open RAN Network Outlook (Revenue, USD Million, 2019-2030)
- 2G/3G
- 4G
- 5G
- Asia Pacific Open RAN Frequency Outlook (Revenue, USD Million, 2019-2030)
- Sub-6 GHz
- mmWave
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Target buyers of Asia Pacific open ran market databook
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Our clientele includes a mix of open ran market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific open ran market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific open ran market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific open ran market size, by country, 2019-2030 (US$M)
Asia Pacific Open RAN Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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