How big is the O-RAN market | Growth, Size & Industry Insights

Code: MTA7729 Publication Date: Aug 2025

What is the size of O-RAN Market?

According to 6Wresearch internal database and industry insights, the O-RAN Market was valued at approximately USD 1.4 billion in 2024 and is projected to reach USD 8.2 billion by 2031, growing at a compound annual growth rate (CAGR) of 28.7% during the forecast period (2025-2031).

The market growth is being driven by the increasing demand for cost-efficient and flexible 5G network infrastructure, rising adoption of cloud-native architecture in telecom networks, and the growing support from telecom operators for vendor diversification.

Key Growth Drivers of the O-RAN Market

  • In telecom, there is a growing need for open and decentralized network infrastructure.
  • 5G networks must have flexible RAN architectures in order to scale and roll out quickly.
  • Telecom operators strongly support vendor-neutral interfaces.
  • Increasing spending on cloud-native network technologies and virtualization.
  • Regulations and government initiatives that support open standards.
  • Innovation in mobile networks and a reduction in the total cost of ownership are required.

O-RAN Market Trends

O-RAN Market is experiencing a significant shift as telecom operators prioritize open, interoperable, and software-driven RAN solutions to enhance agility and reduce vendor lock-in. The deployment of cloud-native and virtualized architectures to support advanced 5G use cases is a noticeable trend. Leading operators are actively taking part in interface standardization alliances. Additionally, RAN intelligence and automation platforms are increasingly incorporating AI and ML. The current market landscape is also being shaped by an increase in collaborations between telecom, software, and hardware companies.

Emerging Developments in the O-RAN Market

Emerging developments in the O-RAN Market include the integration of artificial intelligence into RAN intelligent controllers (RIC) to enhance network automation. Major telecom providers are starting extensive O-RAN trials in various locations. A competitive ecosystem for hardware vendors is being created by the introduction of open interfaces, and software-defined RAN platforms are seeing significant growth. Furthermore, collaborations between hyperscalers and telecom operators are strengthening O-RAN deployment strategies. Advancements in security protocols and energy-efficient RAN solutions are also shaping the market future.

List of Leading Companies in the O-RAN Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Nokia

Company NameNokia
Established Year1865
HeadquartersEspoo, Finland
Official WebsiteClick Here

This company is actively involved in developing open and cloud-native RAN solutions, supporting multi-vendor interoperability through the O-RAN Alliance.

2. Ericsson

Company NameEricsson
Established Year1876
HeadquartersStockholm, Sweden
Official WebsiteClick Here

This company offers cloud-based RAN infrastructure and participates in trials supporting O-RAN frameworks in 5G deployment.

3. Samsung Electronics

Company NameSamsung Electronics
Established Year1938
HeadquartersSuwon, South Korea
Official WebsiteClick Here

This company provides O-RAN-compliant solutions with virtualized and open RAN platforms for telecom operators.

4. Fujitsu

Company NameFujitsu
Established Year1935
HeadquartersTokyo, Japan
Official WebsiteClick Here

This company delivers O-RAN-enabled RAN hardware and software, focusing on open interfaces and virtualization.

5. NEC Corporation

Company NameNEC Corporation
Established Year1899
HeadquartersTokyo, Japan
Official WebsiteClick Here

This company is a key contributor to the O-RAN Alliance, offering end-to-end O-RAN architecture and deployment support.

6. Mavenir

Company NameMavenir
Established Year2005
HeadquartersRichardson, Texas, USA
Official WebsiteClick Here

This company specializes in cloud-native, open RAN software solutions and is a pioneer in virtualized network functions.

7. Parallel Wireless

Company NameParallel Wireless
Established Year2012
HeadquartersNashua, New Hampshire, USA
Official WebsiteClick Here

This company offers all-G network solutions using open RAN standards with focus on rural and emerging markets.

8. Altiostar

Company NameAltiostar
Established Year2011
HeadquartersTewksbury, Massachusetts, USA
Official WebsiteClick Here

This company focuses on virtualized RAN solutions with open interfaces to promote vendor diversity and cost efficiency.

9. Radisys Corporation

Company NameRadisys Corporation
Established Year1987
HeadquartersHillsboro, Oregon, USA
Official WebsiteClick Here

This company delivers open telecom solutions, including O-RAN compliant software and hardware platforms.

10. Intel Corporation

Company NameIntel Corporation
Established Year1968
HeadquartersSanta Clara, California, USA
Official WebsiteClick Here

This company provides the processing power and software frameworks supporting cloud-native O-RAN deployments.

How big is the O-RAN market : FAQs

The O-RAN market is projected to reach USD 8.2 billion by 2031.
The O-RAN market is expected to grow at a CAGR of 28.7% during the forecast period 2025-2031.
Asia Pacific and North America are witnessing high adoption due to 5G rollout and operator initiatives supporting open architecture.
Key players include Nokia, Ericsson, Samsung Electronics, Mavenir, NEC, and Fujitsu.
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.
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