Japan Ran Intelligent Controller Market Size & Outlook
Japan ran intelligent controller market, 2017-2030 (US$M)
Related Markets
Japan ran intelligent controller market highlights
- The Japan ran intelligent controller market generated a revenue of USD 16.9 million in 2023 and is expected to reach USD 590.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 66.1% 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 16.9 million |
| Market revenue in 2030 | USD 590.1 million |
| Growth rate | 66.1% (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, Japan accounted for 7.7% 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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Japan 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 65.09% in 2023. Horizon Databook has segmented the Japan ran intelligent controller market based on platforms, services covering the revenue growth of each sub-segment from 2017 to 2030.
Many telecom operators in Japan are transitioning to cloud based network architectures to reduce operational costs and improve network scalability. RICs are the primary component of this transition as these controllers help operators manage and orchestrate virtualized network functions efficiently.
For instance, in 2022, NEC Corporation and NTT DOCOMO, Inc. completed interoperability tests for 5G Standalone (SA), enabling network operators in Japan to provide 5G services with features such as Ultra Reliable and Low Latency Communications (URLLC), massive Machine Type Communication (mMTC), and enhanced Mobile Broadband (eMBB).
RAN intelligent controllers are essential for improving network efficiency, reducing operational costs, and managing 5G networks and optimizing their performance. Government initiatives in Japan to drive digitalization and adoption of new technologies are also driving the RAN intelligent controller growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan ran intelligent controller market , including forecasts for subscribers. This country databook contains high-level insights into Japan ran intelligent controller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan ran intelligent controller market size, by component, 2017-2030 (US$M)
Japan RAN Intelligent Controller Market Outlook Share, 2023 & 2030 (US$M)
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