France Ran Intelligent Controller Market Size & Outlook
France ran intelligent controller market, 2017-2030 (US$M)
Related Markets
France ran intelligent controller market highlights
- The France ran intelligent controller market generated a revenue of USD 8.9 million in 2023 and is expected to reach USD 276.7 million by 2030.
- The France market is expected to grow at a CAGR of 63.3% 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 8.9 million |
| Market revenue in 2030 | USD 276.7 million |
| Growth rate | 63.3% (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, France accounted for 4.1% 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 Europe, UK ran intelligent controller market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 276.7 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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France 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 64.04% in 2023. Horizon Databook has segmented the France ran intelligent controller market based on platforms, services covering the revenue growth of each sub-segment from 2017 to 2030.
In recent years, the RAN intelligent controller market in France has been experiencing steady growth. This growth can be attributed to factors such as the rising penetration of high-speed internet and the increased reliability of network connections. As more people use mobile devices for communication, entertainment, and work, the need for more rapid and consistent connections is increasing.
RAN Intelligent Controller (RIC) assists telecommunications companies in optimizing their networks, increasing coverage, and decreasing congestion, resulting in a better customer experience. Moreover, RIC plays a crucial role in the 5G ecosystem by providing advanced automation and intelligence to the network, enabling service providers to deliver high-quality and reliable services.
In February 2023, Juniper Networks and Lockheed Martin collaborated to develop a hybrid Software-Defined Wide-Area Network (SD-WAN) solution, which incorporates a mission-aware routing technology. This partnership would also focus on developing enhanced RIC solutions that could help improve the performance of RAN for 5G networks.
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Horizon Databook provides a detailed overview of country-level data and insights on the France ran intelligent controller market , including forecasts for subscribers. This country databook contains high-level insights into France ran intelligent controller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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France ran intelligent controller market size, by component, 2017-2030 (US$M)
France RAN Intelligent Controller Market Outlook Share, 2023 & 2030 (US$M)
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