According to this study, the global Open vRAN market size will reach US$ 719 million by 2031.

vRAN deployment uses ready-made hardware to install DU and CU, but proprietary interfaces and software from a single vendor can still be used. OpenRAN is defined by an open interface that allows multiple vendors to provide software and hardware for RAN, but OpenRAN is not necessarily virtualized. Open vRAN combines the advantages of both - complete virtualization and compliance with open interfaces.

The main market drivers include:

Technology evolution and cost optimization

Virtualization technology maturity: NFV (network function virtualization) decouples RAN software from hardware, reducing CAPEX by 40% and OPEX by 30%.

General hardware popularization: x86 server performance improvement, combined with DPU acceleration, meets the real-time requirements of vRAN.

Operator demand upgrade

Network flexibility: Open architecture supports on-demand capacity expansion, shortening the launch cycle of new services to several weeks.

TCO optimization: Rakuten Mobile case shows that vRAN reduces the cost per user to 60% of traditional networks.

Policy and standard promotion

O-RAN Alliance: 80% of global operators have joined, promoting interface standardization and promoting a multi-vendor ecosystem.

US RDO Act: Requires 5G networks supported by federal funds to adopt an open architecture to accelerate vRAN deployment.

Industry digital transformation

Vertical industry demand: The demand for low-latency, high-reliability private networks in manufacturing, medical, energy and other fields has surged, and vRAN supports network slicing and edge computing integration.

Metaverse and XR: bandwidth is required to increase 10 times, and vRAN dynamic spectrum sharing technology meets the explosive traffic demand.

Geopolitics and supply chain security

De-Huawei: Some countries require operators to divest Huawei equipment, and vRAN provides multi-vendor alternatives.

Localized production: India, Brazil and other countries promote local manufacturing of vRAN equipment to reduce dependence on imports.

The open vRAN market is experiencing a leap from "technology verification" to "large-scale commercial use", and technology evolution, operator transformation and policy promotion have formed a resonance. Enterprises need to focus on hardware acceleration, AI integration and ecosystem construction to seize the strategic heights of 5G private networks, edge computing and 6G innovation, and reshape the global communications industry landscape.

LPI (LP Information)' newest research report, the “Open vRAN Industry Forecast” looks at past sales and reviews total world Open vRAN sales in 2024, providing a comprehensive analysis by region and market sector of projected Open vRAN sales for 2025 through 2031. With Open vRAN sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Open vRAN industry.

This Insight Report provides a comprehensive analysis of the global Open vRAN landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Open vRAN portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Open vRAN market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Open vRAN and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Open vRAN.

This report presents a comprehensive overview, market shares, and growth opportunities of Open vRAN market by product type, application, key players and key regions and countries.

Segmentation by Type:

    Hardware

    Software and Services

Segmentation by Application:

    Indoor Base Station

    Outdoor Base Station

This report also splits the market by region:

    Americas

    United States

    Canada

    Mexico

    Brazil

    APAC

    China

    Japan

    Korea

    Southeast Asia

    India

    Australia

    Europe

    Germany

    France

    UK

    Italy

    Russia

    Middle East & Africa

    Egypt

    South Africa

    Israel

    Turkey

    GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

    Mavenir

    NEC

    Samsung

    Fujitsu

    Qualcomm

    Altiostar

    Nokia

    Ericsson

1 Scope of the Report
    1.1 Market Introduction
    1.2 Years Considered
    1.3 Research Objectives
    1.4 Market Research Methodology
    1.5 Research Process and Data Source
    1.6 Economic Indicators
    1.7 Currency Considered

2 Executive Summary
    2.1 World Market Overview
        2.1.1 Global Open vRAN Market Size 2025-2031
        2.1.2 Open vRAN Market Size CAGR by Region
    2.2 Open vRAN Segment by Type
        2.2.1 Hardware
        2.2.2 Software and Services
    2.3 Open vRAN Market Size by Type
        2.3.1 Global Open vRAN Market Size Market Share by Type (2025-2031)
        2.3.2 Global Open vRAN Market Size Growth Rate by Type (2025-2031)
    2.4 Open vRAN Segment by Application
        2.4.1 Indoor Base Station
        2.4.2 Outdoor Base Station
    2.5 Open vRAN Market Size by Application (2025-2031)
        2.5.1 Global Open vRAN Market Size Market Share by Application (2025-2031)
        2.5.2 Global Open vRAN Market Size Growth Rate by Application (2025-2031)

3 Open vRAN Key Players
    3.1 Date of Key Players Enter into Open vRAN
    3.2 Key Players Open vRAN Product Offered
    3.3 Key Players Open vRAN Funding/Investment Analysis
    3.4 Funding/Investment
        3.4.1 Funding/Investment by Regions
        3.4.2 Funding/Investment by End-Industry
    3.5 Key Players Open vRAN Valuation & Market Capitalization
    3.6 Key Players Mergers & Acquisitions, Expansion Plans
    3.7 Market Ranking
    3.8 New Product/Technology Launches
    3.9 Partnerships, Agreements, and Collaborations
    3.10 Mergers and Acquisitions

4 Open vRAN by Regions
    4.1 Open vRAN Market Size by Regions (2025-2031)
    4.2 United States Open vRAN Market Size Growth (2025-2031)
    4.3 China Open vRAN Market Size Growth (2025-2031)
    4.4 Europe Open vRAN Market Size Growth (2025-2031)
    4.5 Rest of World Open vRAN Market Size Growth (2025-2031)

5 United States
    5.1 United States Open vRAN Market Size by Type (2025-2031)
    5.2 United States Open vRAN Market Size by Application (2025-2031)

6 Europe
    6.1 Europe Open vRAN Market Size by Type (2025-2031)
    6.2 Europe Open vRAN Market Size by Application (2025-2031)

7 China
    7.1 China Open vRAN Market Size by Type (2025-2031)
    7.2 China Open vRAN Market Size by Application (2025-2031)

8 Rest of World
    8.1 Rest of World Open vRAN Market Size by Type (2025-2031)
    8.2 Rest of World Open vRAN Market Size by Application (2025-2031)
    8.3 Japan
    8.4 South Korea
    8.5 Southeast Asia

9 Market Drivers, Challenges and Trends
    9.1 Market Drivers & Growth Opportunities
    9.2 Market Challenges & Risks
    9.3 Industry Trends

10 Key Investors in Open vRAN
    10.1 Company A
        10.1.1 Company A Company Details
        10.1.2 Company Description
        10.1.3 Companies Invested by Company A
        10.1.4 Company A Key Development and Market Layout
    10.2 Company B
        10.2.1 Company B Company Details
        10.2.2 Company Description
        10.2.3 Companies Invested by Company B
        10.2.4 Company B Key Development and Market Layout
    10.3 Company C
        10.3.1 Company C Company Details
        10.3.2 Company Description
        10.3.3 Companies Invested by Company C
        10.3.4 Company C Key Development and Market Layout
    10.4 Company D
    10.5 ……

11 Key Players Analysis
    11.1 Mavenir
        11.1.1 Mavenir Company Details
        11.1.2 Mavenir Open vRAN Product Offered
        11.1.3 Mavenir Open vRAN Market Size (2024 VS 2030)
        11.1.4 Mavenir Main Business Overview
        11.1.5 Mavenir News
    11.2 NEC
        11.2.1 NEC Company Details
        11.2.2 NEC Open vRAN Product Offered
        11.2.3 NEC Open vRAN Market Size (2024 VS 2030)
        11.2.4 NEC Main Business Overview
        11.2.5 NEC News
    11.3 Samsung
        11.3.1 Samsung Company Details
        11.3.2 Samsung Open vRAN Product Offered
        11.3.3 Samsung Open vRAN Market Size (2024 VS 2030)
        11.3.4 Samsung Main Business Overview
        11.3.5 Samsung News
    11.4 Fujitsu
        11.4.1 Fujitsu Company Details
        11.4.2 Fujitsu Open vRAN Product Offered
        11.4.3 Fujitsu Open vRAN Market Size (2024 VS 2030)
        11.4.4 Fujitsu Main Business Overview
        11.4.5 Fujitsu News
    11.5 Qualcomm
        11.5.1 Qualcomm Company Details
        11.5.2 Qualcomm Open vRAN Product Offered
        11.5.3 Qualcomm Open vRAN Market Size (2024 VS 2030)
        11.5.4 Qualcomm Main Business Overview
        11.5.5 Qualcomm News
    11.6 Altiostar
        11.6.1 Altiostar Company Details
        11.6.2 Altiostar Open vRAN Product Offered
        11.6.3 Altiostar Open vRAN Market Size (2024 VS 2030)
        11.6.4 Altiostar Main Business Overview
        11.6.5 Altiostar News
    11.7 Nokia
        11.7.1 Nokia Company Details
        11.7.2 Nokia Open vRAN Product Offered
        11.7.3 Nokia Open vRAN Market Size (2024 VS 2030)
        11.7.4 Nokia Main Business Overview
        11.7.5 Nokia News
    11.8 Ericsson
        11.8.1 Ericsson Company Details
        11.8.2 Ericsson Open vRAN Product Offered
        11.8.3 Ericsson Open vRAN Market Size (2024 VS 2030)
        11.8.4 Ericsson Main Business Overview
        11.8.5 Ericsson News

12 Research Findings and Conclusion