How big is the 5G RAN market | Network Expansion Insights

Q: What is the current size and forecast of the 5G RAN market?

The market was valued at USD 19.6 billion in 2024 and is projected to reach USD 42.3 billion by 2031 at a CAGR of 11.9%.

Q: Which regions are leading 5G RAN deployments?

Asia-Pacific, North America, and Europe are the most active in 5G rollout and RAN upgrades.

Q: What are the key growth drivers?

Mobile data explosion, Open RAN innovation, government policy, and virtualization.

Q: What challenges affect the 5G RAN market?

Network complexity, interoperability, and high capex requirements for nationwide rollouts.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA4822

Publication Date: Jul 2025

How big is the 5G RAN Market?

According to 6Wresearch internal database and industry insights, the Global 5G radio access network (RAN) market was valued at approximately USD 19.6 billion in 2024 and is projected to reach USD 42.3 billion by 2031, growing at a CAGR of 11.9% during the forecast period.

This growth is driven by the global expansion of 5G infrastructure, increasing mobile data traffic, and adoption of Open RAN and virtualized RAN technologies.

Key Growth Drivers of the 5G RAN Market

Rising demand for high-speed mobile broadband and ultra-low latency services
Deployment of small cells and mm Wave spectrum for enhanced network capacity
Increasing investments in Open RAN for vendor diversification and flexibility
Government-led 5G rollout plans and public-private partnerships
Enterprise adoption of private 5G networks for smart factories and campuses

5G RAN Market Trends

5G RAN market is undergoing a transition toward cloud-native and virtualized architectures to improve scalability and reduce costs. Multi-vendor cooperation is promoting the rise of Open RAN, particularly in North America, Europe and some regions in Asia. Such technologies as Massive MIMO and beamforming are already commonplace in deployments, in order to drive spectrum efficiency. In addition to this, RAN systems that are energy efficient are being given precedence to decrease the operational expenditure and achieve the green telecom target. Telecom providers are also focusing on dynamic spectrum sharing to maximize existing assets.

Emerging Developments in the 5G RAN Market

Emerging developments include AI-powered RAN automation for self-optimizing networks and real-time traffic orchestration. Vendors are developing all-in-one RAN solutions that combine baseband, radio, and antenna into compact, power-efficient units. 5G Advanced (Rel-18) is being tested to further boost throughput and enable new features like enhanced mobility and positioning. Integrated RAN solutions for hybrid private-public networks are being tailored for verticals like mining, oil & gas, and transportation. Satellite backhaul integration with RAN is also under exploration.