Open Radio Access Network (O-RAN) Market Insights by Emerging Trends, Revenue 20

1. Global Open Radio Access Network (O-RAN) Market to Grow on Account of the Growing Number of Internet Users Worldwide; Market to Grow with a CAGR of 85% During 2020-2028 Kenneth Research has released a report titled “Open Radio Access Network (O-RAN) Market: Global Demand Analysis & Opportunity Outlook 2030”which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, along with the impact of COVID-19 and a detailed discussion on the latest trends and future opportunities that are associated with the growth of the market. 4 Billion people, by the end of 2019, were using the internet around the globe, according to the statistics by the International Telecommunication Union (ITU). Download Sample PDF of this Report: - https://www.kennethresearch.com/sample-request-10352259 The statistics portray the growing number of internet users around the globe, which is one of the major factors driving the need amongst the telecom operators to expand their services. Over the past few years, with the advent of technology, telecom operators have been deploying various equipment that allow to access the internet at high speeds. With the launch of the latest generation of cellular network technology, i.e., 5G network, the concept of O- RAN or open radio access network had been developed. The concept allows

2. telecom operators to have one single infrastructure where it can provide all the previous generations of cellular network technology, including the latest 5G technology, without the need of deploying different equipment for different network technologies. Besides this, the technology also helps telecom companies to lower the cost of operations and allows access to rigorous 5G applications that demand greater flexibility and high speeds. Such factors are therefore anticipated to drive the growth of the global open radio access network (O-RAN) market. The Global Open Radio Access Network (O-RAN) Market is anticipated to grow with a CAGR of 85% over the forecast period, i.e., 2020 – 2028. The market is estimated to garner a revenue of USD 22500 Million by the end of 2028, up from a revenue of USD 180 Million in the year 2020. The market is segmented by components into hardware, software, and services. Out of these, the hardware segment is expected to generate the largest revenue of USD 9990 Million by the end of 2028. Moreover, in the year 2020, the segment generated a revenue of USD 101 Million. On the basis of regional analysis, the global open radio access network (O- RAN) market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa, out of which, the market in the Asia Pacific is expected to garner the largest revenue of USD 8200 Million by the end of 2028, up from a revenue of USD 70 Million in the year 2020. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy,

3. Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. However, the complexities with system integration is one of the major factors predicted to hinder the market growth in the coming years. This report also provides the existing competitive scenario of some of the key players of the global open radio access network (O-RAN) market, which includes company profiling of Mavenir Systems, Inc., Sterlite Technologies Limited, Radisys Corporation, Casa Systems, Inc., Parallel Wireless, Inc., and others. The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled “Open Radio Access Network (O-RAN) Market: Global Demand Analysis & Opportunity Outlook 2030”, analyses the overall global open radio access network (O-RAN) industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing

4. players looking for expansion and major investors looking for investment in the global open radio access network (O-RAN) market in the near future. Download Sample PDF of this Report: - https://www.kennethresearch.com/sample-request-10352259 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment, etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties. Contact for more Info: AJ Daniel Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609