North America Ran Intelligent Controller Market Size & Outlook
North America ran intelligent controller market, 2017-2030 (US$M)
Related Markets
North America ran intelligent controller market highlights
- The North America ran intelligent controller market generated a revenue of USD 49.0 million in 2023.
- The market is expected to grow at a CAGR of 57.5% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 49.0 million |
| Market revenue in 2030 | USD 1,177.3 million |
| Growth rate | 57.5% (CAGR from 2023 to 2030) |
| Largest segment | Platforms |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 22.4% of the global ran intelligent controller market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,773.3 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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North America 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 64.29% in 2023. Horizon Databook has segmented the North America ran intelligent controller market based on platforms, services covering the revenue growth of each sub-segment from 2017 to 2030.
The RAN intelligent controller market in North America has witnessed substantial growth in recent years owing to the increasing adoption of advanced technologies such as 5G, IoT, and edge computing. In addition, the rising demand for high-speed internet connectivity, especially in metropolitan areas, is one of the major factors fueling the growth of the RAN intelligent controller market in North America.
Consumers are rapidly using data-intensive offerings, such as video streaming and online gaming, which require high bandwidth and low latency connections. To address this demand, telecommunication firms make significant investments in RAN technology to enhance their network infrastructure and provide faster and more reliable internet services.
Symware is a versatile edge appliance that can fulfil carrier-grade standards and enable mobile network operators to improve network density, support multiple network topologies, and introduce new features while decreasing the number of hardware devices required per site.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America ran intelligent controller market , including forecasts for subscribers. This continent databook contains high-level insights into North America ran intelligent controller market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America ran intelligent controller market size, by country, 2017-2030 (US$M)
North America RAN Intelligent Controller Market Outlook Share, 2023 & 2030 (US$M)
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