Saudi Arabia Open Ran Market Size & Outlook, 2023-2030
Saudi Arabia open ran market, 2019-2030 (US$M)
Related Markets
Saudi Arabia open ran market highlights
- The Saudi Arabia open ran market generated a revenue of USD 189.8 million in 2023 and is expected to reach USD 1,440.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 33.6% 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 189.8 million |
| Market revenue in 2030 | USD 1,440.5 million |
| Growth rate | 33.6% (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, Saudi Arabia accounted for 6.8% 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 Middle East & Africa, South Africa open ran market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,362.5 million by 2030.
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Open RAN Market Scope
Open RAN Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 49.1% in 2023. Horizon Databook has segmented the Saudi Arabia open ran market based on hardware, software, services covering the revenue growth of each sub-segment from 2019 to 2030.
- Saudi Arabia Open RAN Component Outlook (Revenue, USD Million, 2019-2030)
- Hardware
- Software
- Services
- Consulting
- Deployment and Implementation
- Support and Maintenance
- Saudi Arabia Open RAN Unit Outlook (Revenue, USD Million, 2019-2030)
- Radio Unit
- Distributed Unit
- Centralised Unit
- Saudi Arabia Open RAN Deployment Outlook (Revenue, USD Million, 2019-2030)
- Private
- Hybrid Cloud
- Public Cloud
- Saudi Arabia Open RAN Network Outlook (Revenue, USD Million, 2019-2030)
- 2G/3G
- 4G
- 5G
- Saudi Arabia Open RAN Frequency Outlook (Revenue, USD Million, 2019-2030)
- Sub-6 GHz
- mmWave
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Target buyers of Saudi Arabia 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 country-level data and insights on the Saudi Arabia open ran market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia open ran market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia open ran market size, by component, 2019-2030 (US$M)
Saudi Arabia Open RAN Market Outlook Share, 2023 & 2030 (US$M)
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