Market revenue in 2023 | USD 13.6 million |
Market revenue in 2030 | USD 520.4 million |
Growth rate | 68.2% (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 |
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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 63.97% 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.
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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