Australia Ran Intelligent Controller Market Size & Outlook
Australia ran intelligent controller market, 2017-2030 (US$M)
Related Markets
Australia ran intelligent controller market highlights
- The Australia ran intelligent controller market generated a revenue of USD 5.7 million in 2023 and is expected to reach USD 164.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 61.5% from 2024 to 2030.
- In terms of segment, platforms was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Ran intelligent controller market data book summary
| Market revenue in 2023 | USD 5.7 million |
| Market revenue in 2030 | USD 164.1 million |
| Growth rate | 61.5% (CAGR from 2023 to 2030) |
| Largest segment | Platforms |
| Fastest growing segment | Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platforms, Services |
| Key market players worldwide | Telefonaktiebolaget L M Ericsson ADR, Nokia Oyj, Huawei Technologies, ZTE Corp Class H, Samsung Electronics Co Ltd, Cisco Systems Inc, Juniper Networks Inc, Mavenir, Broadcom Inc, Viavi Solutions Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 2.6% of the global ran intelligent controller market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ran intelligent controller market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 520.4 million by 2030.
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RAN Intelligent Controller Market Scope
RAN Intelligent Controller Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia ran intelligent controller 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 ran intelligent controller market will help companies and investors design strategic landscapes.
Platforms was the largest segment with a revenue share of 63.16% in 2023. Horizon Databook has segmented the Australia ran intelligent controller market based on platforms, services covering the revenue growth of each sub-segment from 2017 to 2030.
Australia is a developed country with a well-established telecommunications infrastructure. The growing demand for high-speed mobile broadband services and the increasing usage of mobile devices for internet browsing, social media, and video streaming have led to a surge in data traffic on mobile networks, driving the demand for RAN intelligent controllers.
Mobile network operators (MNOs) are expanding their network capacity and upgrading their infrastructure to support higher data speeds and greater capacity and reduce data traffic congestion.
Moreover, telecom companies in Australia, such as Telstra and Singtel Optus Pty Limited, invested heavily in 5G infrastructure to provide faster data speeds, lower latency, and enhance network capacity. The rollout of 5G networks in the country has also propelled the growth of the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia ran intelligent controller market , including forecasts for subscribers. This country databook contains high-level insights into Australia ran intelligent controller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Australia ran intelligent controller market size, by component, 2017-2030 (US$M)
Australia RAN Intelligent Controller Market Outlook Share, 2023 & 2030 (US$M)
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