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 global market for Open vRAN was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of %during the forecast period 2024-2030.
North American market for Open vRAN was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
GET FREE SAMPLE REPORT- PLEASE EMAIL US – marcus@mraccuracyreports.comGlobal Open vRAN Market, Segment by Type
Hardware
Software and Services
Global Open vRAN Market, Segment by Application
Indoor Base Station
Outdoor Base Station
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