Radio Access Network Market

By Technology;

2G RAN, 3G RAN, 4G LTE RAN and 5G RAN

By Infrastructure;

Traditional RAN, Cloud RAN, Open RAN and Virtualized RAN

By Frequency Band;

Low Band (Below 1 GHz), Mid Band (1-6 GHz) and High Band (mmWave, 24 GHz & Above)

By End Use;

Telecom Operators, Enterprises, Smart Cities & Public Sector, Defense & Security and Industrial & Manufacturing

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn179475445 Published Date: September, 2025 Updated Date: October, 2025

Radio Access Network Market Overview

Radio Access Network Market (USD Million)

Radio Access Network Market was valued at USD 15,079.37 million in the year 2024. The size of this market is expected to increase to USD 26,865.31 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.


Radio Access Network Market

*Market size in USD million

CAGR 8.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.6 %
Market Size (2024)USD 15,079.37 Million
Market Size (2031)USD 26,865.31 Million
Market ConcentrationMedium
Report Pages310
15,079.37
2024
26,865.31
2031

Major Players

  • Huawei
  • Ericsson
  • Nokia Networks
  • ZTE
  • Samsung
  • NEC
  • Cisco
  • Qualcomm
  • Intel
  • Fujitsu
  • Juniper Networks
  • Hewlett Packard Enterprise (HPE)
  • Corning
  • AT&T
  • Verizon Communications
  • Huber+Suhner
  • Commscope
  • Airspan Networks
  • Qorvo
  • LG Electronics

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Radio Access Network Market

Fragmented - Highly competitive market without dominant players


The Radio Access Network (RAN) Market is witnessing strong momentum as telecom operators and enterprises accelerate the shift towards next-generation connectivity. Nearly 45% of network investments are now directed toward enhancing RAN infrastructure to support the surge in mobile data traffic and emerging digital services. This expansion is vital in enabling seamless coverage, higher capacity, and efficient bandwidth utilization.

Key Drivers Accelerating Growth
The rising adoption of 5G services and the proliferation of smart devices are major forces reshaping the market. Around 55% of operators are prioritizing RAN upgrades to deliver low latency and high-speed connectivity. Additionally, the push for virtualized and cloud-based RAN models is creating scalable and cost-efficient solutions, driving wider deployment across industries.

Advancements Strengthening Market Adoption
Cutting-edge technologies such as massive MIMO, beamforming, and Open RAN architectures are transforming network capabilities. Approximately 50% of recent deployments incorporate Open RAN solutions, offering interoperability and vendor flexibility. These innovations enhance network performance while reducing dependency on proprietary systems, thereby accelerating adoption among telecom providers.

Strategic Moves and Collaborations
Strategic partnerships, mergers, and R&D initiatives are fueling expansion in the Radio Access Network Market. Nearly 40% of operators are collaborating with technology firms to co-develop advanced RAN ecosystems. Such alliances foster faster rollouts, innovation-driven upgrades, and seamless integration of AI and automation into network management.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Infrastructure
    3. Market Snapshot, By Frequency Band
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Radio Access Network Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increasing Mobile Data Traffic
        3. Expanding IoT Ecosystem
      2. Restraints
        1. Regulatory Challenges
        2. Infrastructure Complexity
        3. Security Concerns
      3. Opportunities
        1. Rural Connectivity Initiatives
        2. Smart City Projects
        3. Enterprise Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Radio Access Network Market, By Technology, 2021 - 2031 (USD Million)
      1. 2G RAN
      2. 3G RAN
      3. 4G LTE RAN
      4. 5G RAN
    2. Radio Access Network Market, By Infrastructure, 2021 - 2031 (USD Million)
      1. Traditional RAN
      2. Cloud RAN
      3. Open RAN
      4. Virtualized RAN
    3. Radio Access Network Market, By Frequency Band, 2021 - 2031 (USD Million)
      1. Low Band (Below 1 GHz)
      2. Mid Band (1-6 GHz)
      3. High Band (mmWave, 24 GHz & Above)
    4. Radio Access Network Market, By End Use, 2021 - 2031 (USD Million)
      1. Telecom Operators
      2. Enterprises
      3. Smart Cities & Public Sector
      4. Defense & Security
      5. Industrial & Manufacturing
    5. Radio Access Network Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Huawei
      2. Ericsson
      3. Nokia
      4. ZTE
      5. Samsung
      6. NEC
      7. Fujitsu
      8. Mavenir
      9. Airspan Networks
      10. Casa Systems
      11. Parallel Wireless
      12. Intel
      13. Qualcomm
      14. Juniper Networks
      15. LG Electronics
  7. Analyst Views
  8. Future Outlook of the Market