North America Open Ran Market Size & Outlook, 2024-2030

The open ran market in North America is expected to reach a projected revenue of US$ 6,763.6 million by 2030. A compound annual growth rate of 24% is expected of North America open ran market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,857.6
Forecast, 2030 (US$M)
$6,763.6
CAGR, 2025 - 2030
24%
Report Coverage
North America

North America open ran market highlights

  • The North America open ran market generated a revenue of USD 1,857.6 million in 2024.
  • The market is expected to grow at a CAGR of 24% 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.
  • Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.

North America data book summary

Market revenue in 2024USD 1,857.6 million
Market revenue in 2030USD 6,763.6 million
Growth rate24% (CAGR from 2025 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 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, North America region accounted for 41.2% of the global open ran market in 2024.
  • 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 Companies

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North America 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 45.29% in 2024. Horizon Databook has segmented the North America open ran market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the North America open ran market , including forecasts for subscribers. This continent databook contains high-level insights into North America open ran market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America open ran market size, by country, 2019-2030 (US$M)

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

North America open ran market size, by country, 2019-2030 (US$M)

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