Canada Open Ran Market Size & Outlook, 2024-2030

The open ran market in Canada is expected to reach a projected revenue of US$ 1,549.5 million by 2030. A compound annual growth rate of 40.6% is expected of Canada open ran market from 2025 to 2030.
Revenue, 2024 (US$M)
$200.9
Forecast, 2030 (US$M)
$1,549.5
CAGR, 2025 - 2030
40.6%
Report Coverage
Canada

Canada open ran market highlights

  • The Canada open ran market generated a revenue of USD 200.9 million in 2024 and is expected to reach USD 1,549.5 million by 2030.
  • The Canada market is expected to grow at a CAGR of 40.6% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2024.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.

Open ran market data book summary

Market revenue in 2024USD 200.9 million
Market revenue in 2030USD 1,549.5 million
Growth rate40.6% (CAGR from 2025 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideNEC 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, Canada accounted for 4.5% of the global open ran market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. open ran market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 1,549.5 million by 2030.

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Open RAN Market Companies

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Canada 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 46.29% in 2024. Horizon Databook has segmented the Canada open ran market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of open ran market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada open ran market , including forecasts for subscribers. This country databook contains high-level insights into Canada open ran market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada open ran market size, by component, 2019-2030 (US$M)

Canada Open RAN Market Outlook Share, 2024 & 2030 (US$M)

Canada open ran market size, by component, 2019-2030 (US$M)

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