Mexico Open Ran Market Size & Outlook, 2023-2030
The open ran market in Mexico is expected to reach a projected revenue of US$ 252.6 million by 2030. A compound annual growth rate of 28.9% is expected of Mexico open ran market from 2024 to 2030.
Revenue, 2023 (US$M)
$42.6
Forecast, 2030 (US$M)
$252.6
CAGR, 2024 - 2030
29%
Report Coverage
Mexico
Mexico open ran market, 2019-2030 (US$M)
Related Markets
Mexico open ran market highlights
- The Mexico open ran market generated a revenue of USD 42.6 million in 2023 and is expected to reach USD 252.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 28.9% 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.
Open ran market data book summary
| Market revenue in 2023 | USD 42.6 million |
| Market revenue in 2030 | USD 252.6 million |
| Growth rate | 28.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 1.5% of the global open ran market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil open ran market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 252.6 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 |
|---|
Mexico 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 49.53% in 2023. Horizon Databook has segmented the Mexico open ran market based on hardware, software, services covering the revenue growth of each sub-segment from 2019 to 2030.
- Mexico Open RAN Component Outlook (Revenue, USD Million, 2019-2030)
- Hardware
- Software
- Services
- Consulting
- Deployment and Implementation
- Support and Maintenance
- Mexico Open RAN Unit Outlook (Revenue, USD Million, 2019-2030)
- Radio Unit
- Distributed Unit
- Centralised Unit
- Mexico Open RAN Deployment Outlook (Revenue, USD Million, 2019-2030)
- Private
- Hybrid Cloud
- Public Cloud
- Mexico Open RAN Network Outlook (Revenue, USD Million, 2019-2030)
- 2G/3G
- 4G
- 5G
- Mexico 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico open ran market , including forecasts for subscribers. This country databook contains high-level insights into Mexico open ran market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico open ran market size, by component, 2019-2030 (US$M)
Mexico Open RAN Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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