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Open RAN Market Size To Reach $45.09 Billion By 2033

Open RAN Market Size To Reach $45.09 Billion By 2033

December 2025 | Report Format: Electronic (PDF)

Open RAN Market Growth & Trends

The global open RAN market size is expected to reach USD 45.09 billion by 2033, registering a CAGR of 26.8% from 2026 to 2033, according to a new report by Grand View Research, Inc. An open radio access network (O-RAN or Open RAN) is a concept based on the standardization and interoperability of RAN elements, including open-source software elements and a unified interconnection standard for white-box hardware from various vendors. Increasing adoption of open RAN hardware and software owing to their numerous benefits, such as improved network performance, lower equipment costs, improved security, and network flexibility, is a major factor driving the growth of the market.

In addition, the increasing commercialization of 5G services and demand for O-RAN from mobile operators are further driving the market’s growth. The O-RAN technology and architecture reduce mobile network deployment and maintenance costs by encouraging competition among vendors and streamlining network management. It also reduces the need for costly proprietary hardware and enables operators to source components from multiple vendors. This multi-vendor ecosystem ultimately saves costs and enhances network resiliency. Furthermore, open RAN is transforming the telecommunications industry by incorporating modern cloud and software technologies, ultimately propelling the market's growth.

Furthermore, the robust deployment of a 5G radio access network with several macrocells and small cell base stations and the introduction of open RAN components by several players worldwide is propelling the growth of the market. For instance, in October 2022, Vodafone Group Plc and Qualcomm Technologies, Inc. announced their partnership to develop, integrate, and test next-generation 5G radio units (RU) and distributed units (DUs) with Massive MIMO capabilities to meet the demands of the modern networks and to provide the commercial deployment of O-RAN in Europe.The growing demand for low latency and high-speed bandwidth connection and the increased focus of major organizations on research and development activities are some of the factors boosting the market growth.

In addition, the increasing deployment of 5G open RAN and core equipment across numerous applications, such as remote surgeries, smart cities, industrial robotics, enterprises, wireless cameras, and autonomous vehicles is further driving the growth of the market. The global deployment of O-RAN faced substantial delays during the COVID-19 pandemic due to factors, such as reduced network infrastructure spending and a limited workforce. Telecom providers prioritized focused capacity coverage rather than large-scale deployments due to the scarcity of investments and resources. However, post-pandemic, owing to the growing digital transformation & demand for 5G services, countries and companies are eagerly investing in integrating and developing O-RAN technology into their telecommunications infrastructure. This, in turn, is expected to improve the market growth.

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Open RAN Market Report Highlights

The hardware segment dominated the market in 2025 and accounted for the largest share of 46.2%. Open RAN hardware specifically refers to the physical equipment and infrastructure of the radio access network in an open RAN architecture.
The distributed unit segment dominated the market in 2025. The distribution unit converts a signal from one form to another and aggregates all data to be transmitted over a communication channel.
The hybrid cloud segment dominated the market in 2025. Open RAN's hybrid cloud deployment combines on-premises and cloud infrastructure, optimizing network performance while leveraging scalability and cost efficiency.
The 5G segment dominated the market in 2025. The majority of network operators and telecom equipment providers are focusing on creating a robust 5G ecosystem. Many countries have already released 5G networks.
The sub-6 GHz segment held the largest market in 2025. The sub-6 GHz frequency enables expansive coverage and better penetration through dense urban areas and rural areas where network connectivity is otherwise slow/poor.
North America open RAN industry dominated and accounted for a share of 41.1% in 2025. The regional growth can be attributed to several factors, including the presence of prominent key players, such as AT&T, Inc., and the region's technological inclination toward early adoption of advanced solutions.
Third Subhead: Open RAN Market Segmentation