Global Virtualized Radio Access Network (vran) Market Size & Outlook
Global virtualized radio access network (vran) market, 2021-2033 (US$M)
Related Markets
Global virtualized radio access network (vran) market highlights
- The global virtualized radio access network (vran) market generated a revenue of USD 16,613.1 million in 2024 and is expected to reach USD 79,706.4 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 19.5% by 2033.
- In terms of segment, hardware accounted for a revenue of USD 19,208.0 million in 2024.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 16,613.1 million |
| Market revenue in 2033 | USD 79,706.4 million |
| Growth rate | 19.5% (CAGR from 2025 to 2033) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 28.2% of the global virtualized radio access network (vran) market in 2024.
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Virtualized Radio Access Network (vRAN) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Parallel Wireless | View profile | 101-250 | Nashua, New Hampshire, United States, North America | http://parallelwireless.com/ |
| Mavenir | View profile | 5001-10000 | Richardson, Texas, United States, North America | http://www.mavenir.com |
| Capgemini SE | View profile | 340400 | 11 rue de Tilsitt, Paris, France, 75017 | https://www.capgemini.com |
| Nokia Oyj | View profile | 86700 | Karakaari 7, Espoo, Finland, FI-02610 | https://www.nokia.com |
| Telefonaktiebolaget L M Ericsson ADR | View profile | 99952 | Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 | https://www.ericsson.com |
| VMware | View profile | 10001+ | Palo Alto, California, United States, North America | https://www.vmware.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| NEC Corp | View profile | 118527 | 7-1, Shiba 5-chome, Minato-ku, Tokyo, Japan, 108-8001 | https://www.nec.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Global virtualized radio access network (vran) 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 virtualized radio access network (vran) market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 115.62% in 2024. Horizon Databook has segmented the Global virtualized radio access network (vran) market based on hardware covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Virtualized Radio Access Network (vRAN) Component Outlook (Revenue, USD Million, 2021-2033)
- Hardware
- Software
- Services
- Global Virtualized Radio Access Network (vRAN) Deployment Outlook (Revenue, USD Million, 2021-2033)
- Public
- Private
- Hybrid
- Global Virtualized Radio Access Network (vRAN) Network Type Outlook (Revenue, USD Million, 2021-2033)
- 2G/3G
- 4G/LTE
- 5G
- Global Virtualized Radio Access Network (vRAN) End Use Outlook (Revenue, USD Million, 2021-2033)
- Telecommunication Operators
- Government & Defense
- Commercial
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global virtualized radio access network (vran) market , including forecasts for subscribers. This global databook contains high-level insights into Global virtualized radio access network (vran) market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Global virtualized radio access network (vran) market size, by regions, 2021-2033 (US$M)
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