North America leading the Open RAN movement – Dell'Oro

Open RAN to account for more than 25% of total RAN. #pressrelease

August 8, 2024

1 Min Read

According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, the broader Open RAN movement has come a long way in just a few years, but the results have been mixed.

Additional highlights from the August 2024 Open RAN Report:

  • The long-term position remains favorable and mostly unchanged. Despite ongoing challenges, most operators will gradually incorporate more openness, virtualization, intelligence, and automation into their RAN roadmaps. The pace will differ slightly between the radios and the baseband, while the multi-vendor RAN business case is less compelling.

  • The estimates for open RAN, Cloud RAN, and Multi-vendor RAN are mostly unchanged relative to the February update. By 2028, they are expected to account for >25 percent, 20 to 25 percent, and <10 percent of the total RAN market, respectively.

  • The forecast is more favorable outside of China, with Open RAN projected to comprise 30 to 40 percent of the revenues by 2028.

  • North America was the largest region in 2023 and is expected to lead the broader Open RAN movement throughout the forecast period.

  • North America stumbled in 2023 but is set to lead the Open RAN market over the forecast period.

  • After a slow start, Europe is projected to account for 15 to 20 percent of worldwide Open RAN revenues by 2028.

Read the full press release here.

Dell'Oro Group

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