Middle East & Africa Open Ran Market Size & Outlook
Middle East & Africa open ran market, 2019-2030 (US$M)
Related Markets
MEA open ran market highlights
- The MEA open ran market generated a revenue of USD 649.3 million in 2023.
- The market is expected to grow at a CAGR of 36% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 649.3 million |
| Market revenue in 2030 | USD 5,576.6 million |
| Growth rate | 36% (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, MEA region accounted for 23.4% 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 49.25% in 2023. Horizon Databook has segmented the Middle East & Africa open ran market based on hardware, software, services covering the revenue growth of each sub-segment from 2019 to 2030.
- Middle East & Africa Open RAN Component Outlook (Revenue, USD Million, 2019-2030)
- Hardware
- Software
- Services
- Consulting
- Deployment and Implementation
- Support and Maintenance
- Middle East & Africa Open RAN Unit Outlook (Revenue, USD Million, 2019-2030)
- Radio Unit
- Distributed Unit
- Centralised Unit
- Middle East & Africa Open RAN Deployment Outlook (Revenue, USD Million, 2019-2030)
- Private
- Hybrid Cloud
- Public Cloud
- Middle East & Africa Open RAN Network Outlook (Revenue, USD Million, 2019-2030)
- 2G/3G
- 4G
- 5G
- Middle East & Africa Open RAN Frequency Outlook (Revenue, USD Million, 2019-2030)
- Sub-6 GHz
- mmWave
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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 continent-level data and insights on the Middle East & Africa open ran market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa open ran market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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MEA open ran market size, by country, 2019-2030 (US$M)
Middle East & Africa Open RAN Market Outlook Share, 2023 & 2030 (US$M)
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