The Latin America, Middle East and Africa Open Radio Access Network (Open RAN) Market would witness market growth of 66.9% CAGR during the forecast period (2022-2028).
The use of online services like cloud-based services, virtual meetings, streaming of ultra-HD (8K) & 3D resolution video content, and many others is expected to increase in the coming years. This will, in turn, increase the implementation of 5G technology and propel the market growth over the course of the forecast period. Nearly half of the world is predicted to have access to 5G network connectivity by the end of 2025.
The transition in consumer preference toward digital communication also enables telecom operators to increase the range of services they offer, which is anticipated to increase demand for Open RAN technologies. Both RAN operators, vendors, and third parties gain from Open RAN.
Since Open RAN offers more flexibility to address demanding 5G application needs in several vertical industries with different network requirements for speed, capacity, and latency, cellular network operators have chosen to implement it. Some other claimed advantages of Open RAN include a diverse supply chain, flexible solutions, and new capabilities that spur more competition and innovation.
In 2019, Saudi Arabia was one of the first nations from the Middle Eastern region to roll out 5G networks. The overall number of governorates served by 5G rose to 60 out of 118, according to the Communications and Information Technology Commission (CITC) of Saudi Arabia. The popularity of video downloads, social media, and an uptick in online gaming and streaming due to the pandemic have contributed to the fixed-line internet industry's robust growth in recent years. By 2026, the government projects that 97.6 percent of people will be online as it solicits more funding for broadband networks. The speed of mobile internet has climbed to 105.42 Mbps due to the liberalization of over 1100 GHz of the spectrum and the availability of it to operators. Saudi Arabia is now ranked fifth internationally and second among the G20 nations. All these factors propel the growth of the regional open radio access network (Open RAN) market.
The Brazil market dominated the LAMEA Open Radio Access Network (Open RAN) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $488.2 million by 2028.The Argentina market is experiencing a CAGR of 67.8% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 66.5% during (2022 - 2028).
Based on Type, the market is segmented into Open RAN RU and Open VRAN. Based on Frequency, the market is segmented into Sub-6GHz and mmWave. Based on Component, the market is segmented into Hardware, Software and Services. Based on Access, the market is segmented into Public and Private. Based on Radio Interface, the market is segmented into 2G, 3G, 4G LTE and 5G. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), Hewlett Packard Enterprise Company (HP Development Company L.P.), Fujitsu Limited, Nokia Corporation, NEC Corporation, Ericsson AB, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), ZTE Corporation, VMware, Inc., and AT&T, Inc.
The use of online services like cloud-based services, virtual meetings, streaming of ultra-HD (8K) & 3D resolution video content, and many others is expected to increase in the coming years. This will, in turn, increase the implementation of 5G technology and propel the market growth over the course of the forecast period. Nearly half of the world is predicted to have access to 5G network connectivity by the end of 2025.
The transition in consumer preference toward digital communication also enables telecom operators to increase the range of services they offer, which is anticipated to increase demand for Open RAN technologies. Both RAN operators, vendors, and third parties gain from Open RAN.
Since Open RAN offers more flexibility to address demanding 5G application needs in several vertical industries with different network requirements for speed, capacity, and latency, cellular network operators have chosen to implement it. Some other claimed advantages of Open RAN include a diverse supply chain, flexible solutions, and new capabilities that spur more competition and innovation.
In 2019, Saudi Arabia was one of the first nations from the Middle Eastern region to roll out 5G networks. The overall number of governorates served by 5G rose to 60 out of 118, according to the Communications and Information Technology Commission (CITC) of Saudi Arabia. The popularity of video downloads, social media, and an uptick in online gaming and streaming due to the pandemic have contributed to the fixed-line internet industry's robust growth in recent years. By 2026, the government projects that 97.6 percent of people will be online as it solicits more funding for broadband networks. The speed of mobile internet has climbed to 105.42 Mbps due to the liberalization of over 1100 GHz of the spectrum and the availability of it to operators. Saudi Arabia is now ranked fifth internationally and second among the G20 nations. All these factors propel the growth of the regional open radio access network (Open RAN) market.
The Brazil market dominated the LAMEA Open Radio Access Network (Open RAN) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $488.2 million by 2028.The Argentina market is experiencing a CAGR of 67.8% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 66.5% during (2022 - 2028).
Based on Type, the market is segmented into Open RAN RU and Open VRAN. Based on Frequency, the market is segmented into Sub-6GHz and mmWave. Based on Component, the market is segmented into Hardware, Software and Services. Based on Access, the market is segmented into Public and Private. Based on Radio Interface, the market is segmented into 2G, 3G, 4G LTE and 5G. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), Hewlett Packard Enterprise Company (HP Development Company L.P.), Fujitsu Limited, Nokia Corporation, NEC Corporation, Ericsson AB, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), ZTE Corporation, VMware, Inc., and AT&T, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Open RAN RU
- Open VRAN
By Frequency
- Sub-6GHz
- mmWave
By Component
- Hardware
- Software
- Services
By Access
- Public
- Private
By Radio Interface
- 2G, 3G
- 4G LTE
- 5G
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Samsung Electronics Co., Ltd. (Samsung Group)
- Hewlett Packard Enterprise Company (HP Development Company L.P.)
- Fujitsu Limited
- Nokia Corporation
- NEC Corporation
- Ericsson AB
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- ZTE Corporation
- VMware, Inc
- AT&T, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Open Radio Access Network (Open RAN) Market, by Type
1.4.2 LAMEA Open Radio Access Network (Open RAN) Market, by Frequency
1.4.3 LAMEA Open Radio Access Network (Open RAN) Market, by Component
1.4.4 LAMEA Open Radio Access Network (Open RAN) Market, by Access
1.4.5 LAMEA Open Radio Access Network (Open RAN) Market, by Radio Interface
1.4.6 LAMEA Open Radio Access Network (Open RAN) Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Strategies Deployed in Open Radio Access Network (Open RAN) Market
Chapter 4. LAMEA Open Radio Access Network (Open RAN) Market by Type
4.1 LAMEA Open RAN RU Market by Country
4.2 LAMEA Open VRAN Market by Country
Chapter 5. LAMEA Open Radio Access Network (Open RAN) Market by Frequency
5.1 LAMEA Sub-6GHz Market by Country
5.2 LAMEA mmWave Market by Country
Chapter 6. LAMEA Open Radio Access Network (Open RAN) Market by Component
6.1 LAMEA Hardware Market by Country
6.2 LAMEA Software Market by Country
6.3 LAMEA Services Market by Country
Chapter 7. LAMEA Open Radio Access Network (Open RAN) Market by Access
7.1 LAMEA Public Market by Country
7.2 LAMEA Private Market by Country
Chapter 8. LAMEA Open Radio Access Network (Open RAN) Market by Radio Interface
8.1 LAMEA 2G, 3G Market by Country
8.2 LAMEA 4G LTE Market by Country
8.3 LAMEA 5G Market by Country
Chapter 9. LAMEA Open Radio Access Network (Open RAN) Market by Country
9.1 Brazil Open Radio Access Network (Open RAN) Market
9.1.1 Brazil Open Radio Access Network (Open RAN) Market by Type
9.1.2 Brazil Open Radio Access Network (Open RAN) Market by Frequency
9.1.3 Brazil Open Radio Access Network (Open RAN) Market by Component
9.1.4 Brazil Open Radio Access Network (Open RAN) Market by Access
9.1.5 Brazil Open Radio Access Network (Open RAN) Market by Radio Interface
9.2 Argentina Open Radio Access Network (Open RAN) Market
9.2.1 Argentina Open Radio Access Network (Open RAN) Market by Type
9.2.2 Argentina Open Radio Access Network (Open RAN) Market by Frequency
9.2.3 Argentina Open Radio Access Network (Open RAN) Market by Component
9.2.4 Argentina Open Radio Access Network (Open RAN) Market by Access
9.2.5 Argentina Open Radio Access Network (Open RAN) Market by Radio Interface
9.3 UAE Open Radio Access Network (Open RAN) Market
9.3.1 UAE Open Radio Access Network (Open RAN) Market by Type
9.3.2 UAE Open Radio Access Network (Open RAN) Market by Frequency
9.3.3 UAE Open Radio Access Network (Open RAN) Market by Component
9.3.4 UAE Open Radio Access Network (Open RAN) Market by Access
9.3.5 UAE Open Radio Access Network (Open RAN) Market by Radio Interface
9.4 Saudi Arabia Open Radio Access Network (Open RAN) Market
9.4.1 Saudi Arabia Open Radio Access Network (Open RAN) Market by Type
9.4.2 Saudi Arabia Open Radio Access Network (Open RAN) Market by Frequency
9.4.3 Saudi Arabia Open Radio Access Network (Open RAN) Market by Component
9.4.4 Saudi Arabia Open Radio Access Network (Open RAN) Market by Access
9.4.5 Saudi Arabia Open Radio Access Network (Open RAN) Market by Radio Interface
9.5 South Africa Open Radio Access Network (Open RAN) Market
9.5.1 South Africa Open Radio Access Network (Open RAN) Market by Type
9.5.2 South Africa Open Radio Access Network (Open RAN) Market by Frequency
9.5.3 South Africa Open Radio Access Network (Open RAN) Market by Component
9.5.4 South Africa Open Radio Access Network (Open RAN) Market by Access
9.5.5 South Africa Open Radio Access Network (Open RAN) Market by Radio Interface
9.6 Nigeria Open Radio Access Network (Open RAN) Market
9.6.1 Nigeria Open Radio Access Network (Open RAN) Market by Type
9.6.2 Nigeria Open Radio Access Network (Open RAN) Market by Frequency
9.6.3 Nigeria Open Radio Access Network (Open RAN) Market by Component
9.6.4 Nigeria Open Radio Access Network (Open RAN) Market by Access
9.6.5 Nigeria Open Radio Access Network (Open RAN) Market by Radio Interface
9.7 Rest of LAMEA Open Radio Access Network (Open RAN) Market
9.7.1 Rest of LAMEA Open Radio Access Network (Open RAN) Market by Type
9.7.2 Rest of LAMEA Open Radio Access Network (Open RAN) Market by Frequency
9.7.3 Rest of LAMEA Open Radio Access Network (Open RAN) Market by Component
9.7.4 Rest of LAMEA Open Radio Access Network (Open RAN) Market by Access
9.7.5 Rest of LAMEA Open Radio Access Network (Open RAN) Market by Radio Interface
Chapter 10. Company Profiles
10.1 Samsung Electronics Co., Ltd. (Samsung Group)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 Hewlett Packard Enterprise Company (HP Development Company L.P.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Fujitsu Limited
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Recent strategies and developments:
10.3.4.1 Partnerships, Collaborations, and Agreements:
10.3.5 SWOT Analysis
10.4 Nokia Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Product Launches and Product Expansions:
10.5 NEC Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.5.3 Acquisition and Mergers:
10.6 Ericsson AB
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Product Launches and Product Expansions:
10.6.5.3 Geographical and Business Expansions:
10.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.8 ZTE Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.9 VMware, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.10. AT&T, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
Companies Mentioned
- Samsung Electronics Co., Ltd.(Samsung Group)
- Hewlett Packard Enterprise Company(HP Development Company L.P.)
- Fujitsu Limited
- Nokia Corporation
- NEC Corporation
- Ericsson AB
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- ZTE Corporation
- VMware, Inc.
- AT&T, Inc.
Methodology
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