Global RAN Intelligent Controller Market

Report Code: IFT290A

Publish Date: Oct 2023

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

This report provides a comprehensive analysis of the RAN Intelligent Controller (RIC) market, and discussion on its integral role in modern telecommunications, the driving factors behind its adoption, while segmenting it by component, function, technology, and applications, and key players. The study aims to discover growth opportunities and challenges posed by evolving consumer behavior, and to pinpoint areas necessitating improvement within the RIC market. The study also seeks to offer practical suggestions for stakeholders, such as RIC manufacturers, telecommunications companies, and technology providers, to capitalize on growth prospects and tackle challenges effectively.

Report Includes

  • Overview and an up-to-date analysis of the global market for radio access network (RAN) intelligent controllers
  • Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028
  • Estimate of the actual market size and revenue forecast for the global RAN intelligent controller market, and corresponding market share analysis based on component, function, technology, application and region
  • In-depth information (facts and figures) pertaining to the major factors influencing the market (drivers, restraints, opportunities and industry-specific challenges) with respect to specific growth trends, upcoming prospects and contributions to the overall market
  • Insights into the ESG perspective, with emphasis on the impact of ESG factors on company performance and the ESG practices followed
  • A look at the major vendors in the RAN intelligent controller market, and an analysis of the industry structure with respect to company share analysis, M&A and venture fundings
  • Identification of the major stakeholders and analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
  • Profiles of the leading global corporations

Report Scope

This report represents an in-depth analysis of the global RIC market by component (includes both platforms and services), function, technology, application, and geography. The scope of the report includes an overview of the global market trends, with 2022 considered as the base year, as well as estimates for 2023 through 2028, with projections of CAGR in the forecast period.

The report also includes a discussion of technological, regulatory and competitive elements as well as economic trends affecting the market. It also explains the major drivers and regional dynamics of the market and current trends within the industry. The report concludes with company profiles of the major vendors in the global market.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $139.4 million
Market size forecast $2.3 billion
Growth rate CAGR of 59.5% for the forecast period of 2023-2028
Units considered $ Millions
Segments covered Segment, Function, Technology, Application, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Market Drivers
  • Increase in network complexity.
  • Exponential growth in data traffic.
  • Increasing adoption of cutting-edge technologies.
  • Increasing synergy of RICs with edge computing.
Companies studied
ACCELLERANJUNIPER NETWORKS INC.
MAVENIRNOKIA CORP.
PARALLEL WIRELESSSamsung Electronics Co. Ltd.
STRATASYS LTD.TELEFONAKTIEBOLAGET LM ERICSSON
VIAVI SOLUTIONS INC.VMWARE INC.
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Frequently Asked Questions (FAQs)

The market is projected to reach $2.3 billion by 2028, growing at a CAGR of 59.5%
The key factors driving the market include the increase in network complexity with the coexistence of various technologies, increasing adoption of cutting-edge technologies, etc.
  • By Segment
  • By Function
  • By Technology
  • By Application
  • By Region
By Technology, 4G is expected to dominate the market by the end of 2028.
Asia-Pacific holds the highest share of the global market.

Analyst Credentials

Austin Samuel – Consultant-Technology Research
Austin Samuel is an experienced professional with nearly a decade of industry experience in research and analysis, specializing in Information Technology. He has conducted extensive research and provided comprehensive syndicate and custom reports on the developments and application of information technology across multiple industries for international and domestic clients. He exhibits exceptional analytical abilities and strategic thinking and has contributed significantly to the team. Academically, Austin holds a master’s degree in Marketing and IT and a bachelor’s degree in Electrical and Electronics.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global RAN Intelligent Controller Market85Free

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