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Virtualized Radio Access Network (vRAN) Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Virtualized Radio Access Network (vRAN) Market SizeThe global market for Virtualized Radio Access Network (vRAN) was valued at US$ 2830 million in the year 2024 and is projected to reach a revised size of US$ 10060 million by 2031, growing at a CAGR of 20.2% during the forecast period.
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The core manufacturers of global virtualized radio access networks include Samsung, Nokia, NEC, Wind River, Altiostar (Rakuten) and Amdocs. The top five manufacturers account for approximately 77% of the global share. Samsung is the world's largest virtualized radio access networks manufacturer, with a market share of approximately 26%.
North America is the world's largest virtualized radio access networks market, accounting for nearly 36% of the market share. The second and third places are Europe and Asia-Pacific, accounting for 32% and 28% respectively.
In terms of product types, software occupies a dominant position, accounting for 55% of the total. At the same time, in terms of applications, indoor base stations are the largest application field, accounting for 77%.
By Type
• Software
• Platform
• Servers
By Application
• Indoor Base Station
• Outdoor Base Station
Key Companies
Samsung, Nokia, NEC, Wind River, Altiostar (Rakuten), Amdocs, ASOCS, Dell EMC, Airspan, Parallel Wireless
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