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Open Radio Access Network (Open RAN) Market worth $15.6 billion by 2027 - Exclusive Report by MarketsandMarkets™
4G LTE is a high-capacity mobile multimedia up to 100Mbps. In developed economies such as the US, mobile operators are focusing on geopolitics around Chinese vendors that have created a much bigger opportunity for Open RAN for their 4G brownfield networks. Other minor US operators like Inland Cellular are already expanding their 4G networks with Open RAN.
functional split RU, DU, and CU concept is becoming fundamental in Open RAN. A split architecture that is between central and distributed units permits coordination for performance features, real-time performance optimization, load management, and enables adaptation to various use cases and the QoS that needs to be supported. Open RAN RU is further segmented into macro cell and small cell.
Greenfield refers to a low-capacity network. For greenfield 4G or 5G deployments, the Open RAN solution is suitable as it leads to faster deployment. Operators find it easy with greenfield networks to scale their new networks as the software-enabled network makes it easy for operators with simplified expansions.
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Pacific constitutes thriving economies, such as Singapore , Japan , China, India , and Australia , which are expected to register high growth rates in the Open RAN market. It is expected to witness the highest CAGR during the forecast period. China has witnessed immense industrial growth and is the world's manufacturing capital. Similarly, countries such as Australia , and Japan are also taking several initiatives to deploy Open RAN solutions.
The major vendors covered in the include Ericsson ( Sweden ), Nokia (Finland) , Samsung ( South Korea ), NEC Corporation ( Japan ), Hewlett Packard Enterprise (US), VMware (US), Huawei (China) , AT&T (US), Fujitsu ( Japan ), IBM (US), Orange ( France ), Airspan Networks (US), Mavenir (US), CommScope (US), Viavi Solutions (US), Amdocs (US), Renesas ( Japan ), MTN Group ( South Africa ), Entel ( Chile ), Comba Telecom (China), KDDI ( Japan ), SingTel ( Singapore ), TIM ( Italy ), Telefonica ( Spain ), Sivers Semiconductors ( Sweden ), NXP Semiconductors ( Netherlands ), Picocom (UK), Etisalat (UAE), Mobily ( Saudi Arabia ), XCOM Labs (US), DeepSig (US), ZTE (China), Celona (US), LIME Microsystems (UK), Verana Networks (US), Microamp Solutions ( Poland ).
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