India Ran Intelligent Controller Market Size & Outlook
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India ran intelligent controller market highlights
- The India ran intelligent controller market generated a revenue of USD 13.6 million in 2023 and is expected to reach USD 520.4 million by 2030.
- The India market is expected to grow at a CAGR of 68.5% 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 13.6 million |
| Market revenue in 2030 | USD 520.4 million |
| Growth rate | 68.5% (CAGR from 2024 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, India accounted for 6.2% 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 |
|---|---|---|---|---|
| Viavi Solutions Inc | View profile | 3600 | 1445 South Spectrum Boulevard, Suite 102, Chandler, AZ, United States, 85286 | https://www.viavisolutions.com |
| Mavenir | View profile | 5001-10000 | Richardson, Texas, United States, North America | http://www.mavenir.com |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| ZTE Corp Class H | View profile | 72093 | ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, China, People's Republic of, 518057 | https://www.zte.com.cn |
| Nokia Oyj | View profile | 86700 | Karakaari 7, Espoo, Finland, FI-02610 | https://www.nokia.com |
| Telefonaktiebolaget L M Ericsson ADR | View profile | 99952 | Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 | https://www.ericsson.com |
| Juniper Networks Inc | View profile | 3374 | 1133 Innovation Way, Sunnyvale, CA, United States, 94089 | https://www.juniper.net |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
India 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 105.88% in 2023. Horizon Databook has segmented the India ran intelligent controller market based on platforms, services covering the revenue growth of each sub-segment from 2017 to 2030.
India is one of the fastest-growing markets for mobile network services. With the growing 5G rollouts in India, the demand for affordable 5G smartphones and devices is expected to increase significantly, leading to a surge in mobile subscriber growth. Moreover, with the increasing video usage, there is a substantial rise in mobile data traffic.
The growth in the demand for affordable 5G devices is expected to encourage manufacturers to mass-produce such devices. These trends are likely to drive the RAN intelligent controllers market growth as these controllers are crucial in optimizing network performance and enhancing the end-user experience.
Moreover, the increasing demand for smart devices and IoT applications is expected to bolster the market growth. With the growth of the IoT ecosystem, there is a massive increase in the number of connected devices, which creates significant challenges for network operators to manage network traffic efficiently.
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Horizon Databook provides a detailed overview of country-level data and insights on the India ran intelligent controller market , including forecasts for subscribers. This country databook contains high-level insights into India ran intelligent controller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India ran intelligent controller market size, by component, 2017-2030 (US$M)
India RAN Intelligent Controller Market Outlook Share, 2023 & 2030 (US$M)
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