Open RAN revenues to account for 15% of 2G-5G RAN market

Open RAN revenues are expected to account for around 15 percent of the overall 2G-5G RAN market by 2026.
Marvell 5G Open RAN
The Asia Pacific region is dominating the Open RAN market in this initial phase and is expected to play a leading role throughout the forecast period, accounting for more than 40 percent of total 2021-2026 revenues.

Risks around the Open RAN projections remain broadly balanced, though it is worth noting that risks to the downside have increased slightly since the last forecast update, Dell’Oro Group said in its Open RAN Advanced Research Report.

The shift towards Virtualized RAN (vRAN) is progressing at a slightly slower pace than Open RAN. Still, total vRAN projections remain mostly unchanged, with vRAN on track to account for 5 percent to 10 percent of the RAN market by 2026.