North America and Europe Open Radio Access Network (Open RAN) Market Size, Share, Trends, & Industry Analysis Report
By Offering (Hardware, Software, and Services), By Frequency, By Ownership Model, By Deployment Phase, By Type, By End User, and By Region – Market Forecast, 2025–2034
- Published Date:Sep-2025
- Pages: 126
- Format: PDF
- Report ID: PM6459
- Base Year: 2024
- Historical Data: 2020-2023
Overview
The North America and Europe open radio access network (Open RAN) market size was valued at USD 1410.00 million in 2024, growing at a CAGR of 32.33% from 2025 to 2034. Key factors driving demand for open RAN in North America and Europe include high adoption of 5G connections, an increase in the adoption of smartphones, and growth in urbanization.
Key Insights
- The hardware segment accounted for 52.07% of the North America and Europe open radio access network (Open RAN) market share in 2024, due to 5G deployments.
- The public networks segment held 71.30% of the revenue share in 2024, due to high investment in open RAN solutions.
- The market in North America accounted for 57.38% of the revenue share in 2024, owing to the expansion of 5G networks.
- The market in Europe is projected to grow at a CAGR of 33.40% from 2025 to 2034, owing to the 5G infrastructure expansion.
Industry Dynamics
- Increase in adoption of smartphones in the region is creating the need for an open radio access network, as it allows network operators to build networks with interoperable hardware and software.
- Growth of urbanization in North America and Europe is creating the demand for open RAN for managing dense internet traffic.
- The expansion of mobile broadband technology is creating a lucrative market opportunity.
- The complexity of open RAN is projected to hamper the market demand.
Market Statistics
- 2024 Market Size: USD 1410.00 Million
- 2034 Projected Market Size: USD 27,153.44 Million
- CAGR (2025-2034): 32.33%
- North America: Largest Market Share
AI Impact on North America and Europe Open Radio Access Network (Open RAN) Market
- AI improves open RAN through real-time traffic management.
- AI helps in lowers operational expenses.
- AI helps in faster network planning and deployment.
- AI strengthens Open RAN with advanced threat detection.
Open RAN is a mobile network architecture that enables the use of interoperable components such as hardware and software from multiple vendors. The main hardware components of an open radio access network are the radio unit (RU), distributed unit (DU), and centralized unit (CU). RAN intelligent controller (RIC) is a critical part of the open RAN architecture. It is a software-defined component that uses artificial intelligence and machine learning to optimize network performance. This improves service quality and reduces the total cost of ownership for operators.
Open RAN helps mobile network operators avoid the vendor lock-in period. It also accelerates the rollout of new services. Open RAN is particularly beneficial for 4G and 5G networks as it allows greater network agility, flexibility, and multi-vendor participation. The expansion of 5G networks in many parts of Europe and North America is propelling the demand for open RAN. The high adoption of cloud computing, especially in North America, is encouraging government and mobile network operators to invest in 5G and open RAN deployments.
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The demand for an open radio access network is increasing in North America and Europe. This is due to the high adoption of 5G connections. As of March 2025, 5G connections in North America reached 289 million, covering 77% of the region’s population. 5G needs thousands of small cells, edge sites, and massive MIMO antennas to deliver ultra-low latency, high speed, and massive device connectivity. This increases the demand for open RAN as it allows 5G service providers to mix and match components such as small cells, MIMO antennas, and others from multiple vendors. Therefore, demand for open radio access network is increasing in North America and Europe with growing adoption of 5G connections.
Drivers & Opportunities/Trends
Increase in Adoption of Smartphones: People across Europe and North America are adopting smartphones at a rapid pace to stream video, engage in online gaming, and use cloud services. This is creating the need for an open radio access network, as it allows network operators to build networks with interoperable hardware and software from multiple vendors. This reduces the cost of network operators on proprietary equipment. Furthermore, the increase in adoption of smartphones in these regions is leading to high demand for 5G networks. This is propelling the adoption of open RAN to optimize spectrum usage, automate network functions, and roll out advanced features. Therefore, the increase in the adoption of smartphones is contributing to high demand for Open RAN in North America and Europe. About 91% of Americans own a smartphone.
Growth in Urbanization: Growth of urbanization in North America and Europe is rapid, particularly in countries such as the U.S., Spain, Germany, and others. This is creating the demand for open RAN for managing dense internet traffic, driven by the usage of smartphones, IoT devices, and 5G-enabled applications. According to the World Bank Group, the urban population in the U.S. reached 84% in 2024 from 83% in 2022. Moreover, urbanization is increasing the development of smart cities, which depend on connected infrastructure such as intelligent transport systems and surveillance networks. This is propelling the deployment of Open RAN to deliver high-quality connectivity. Hence, the growth in urban areas in North America and Europe is leading to market growth.
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Segmental Insights
Offering Analysis
Based on offering, the segmentation includes hardware, software, and services. The hardware segment accounted for 52.07% of the North America and Europe open radio access network (Open RAN) market share in 2024. This is due to 5G deployments and the modernization of existing infrastructure. 5G deployments in the region led operators to invest in hardware components. These components include radio units, baseband units, and antennas. Governments and telecom regulators in North America and Europe promoted the use of open RAN hardware components to reduce reliance on traditional vendors. The expansion of private 5G networks in North America and Europe further fueled demand for open RAN-compatible hardware.
The software segment is projected to grow at a CAGR of 33.73% from 2025 to 2034. This is owing to its ability to enhance network agility and efficiency. Software helps in intelligent traffic management and predictive maintenance by allowing operators to integrate AI and machine learning. The strategic partnerships between telecom operators and hyperscale cloud providers are also leading to segment growth. Moreover, the software ability to enable network automation and programmability is increasing the segment growth.
End User Analysis
In terms of end user, the segmentation includes public networks, industrial, enterprise, and others. The public networks segment held 71.30% of the revenue share in 2024. This is due to high investment in open and disaggregated RAN solutions. Governments and regulatory authorities, to reduce deployment costs and avoid vendor lock-in, encouraged operators to deploy open RAN for public networks. The high smartphone adoption and rising mobile data consumption, particularly in the U.S., contributed to segment dominance. Furthermore, the high demand for streaming, gaming, and enterprise connectivity led to segment dominance.
The enterprise segment is estimated to grow at a CAGR of 43.06% from 2025 to 2034. This is owing to the high adoption of private 5G networks across industries. Manufacturing, logistics, and healthcare enterprises are deploying open RAN for efficiency, interoperability, and flexibility. Industry 4.0 and the need for secure, scalable, and application-specific networks are also driving enterprises to invest in open RAN systems.
Frequency Analysis
The segmentation in terms of frequency includes band sub-6GHz, mmWave, and others. The band sub-6GHz segment accounted for 84.68% of the revenue share in 2024. This is due to its balanced coverage and capacity. The penetration of 4G networks in the region used the sub-6 GHz range for faster internet usage. The high demand for seamless mobile broadband and enhanced coverage propelled mobile operators to deploy open RAN with band sub-6GHz frequency. Furthermore, the growth of urbanization and the development of smart cities in North America and Europe contributed to the segment dominance.
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Regional Analysis
The market in North America accounted for 57.38% of the revenue share in 2024. This is due to the expansion of 5G networks and national security concerns. The high 5G adoption and rising number of connected devices are creating pressure on operators to adopt scalable solutions. This is increasing the adoption of open RAN among operators as it reduces dependency on traditional equipment providers. Furthermore, the U.S. government initiatives propelled the adoption of open RAN to reduce reliance on specific foreign vendors. Major telecom companies in the region also invested in open RAN trials and large-scale deployments. This contributed to the market dominance.
The market in Europe is projected to grow at a CAGR of 33.40% from 2025 to 2034. This is owing to the 5G infrastructure expansion. The European Union has initiated policies to encourage open RAN adoption to strengthen digital autonomy and reduce dependence on a limited set of traditional telecom vendors. Operators in European countries are collaborating on open RAN projects to propel innovation. Furthermore, Europe’s focus on energy-efficient networks is increasing the demand for open RAN. The high penetration of smartphones and urbanization in many parts of the region are also leading to market growth.
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Key Players & Competitive Analysis Report
In North America and Europe, the open radio access network (Open RAN) market is becoming more competitive as established telecom operators and newer technology players push for wider adoption. In the U.S. and Canada, large carriers are teaming up with hardware and software vendors to roll out open and flexible network solutions, helped by government interest in reducing reliance on a few major suppliers. Europe shows a slightly different picture, where cooperation among regional operators and support from EU programs are creating strong momentum for innovation in 5G and future networks. Across both regions, competition is driven by the race to deliver cost-efficient, secure, and scalable RAN systems that can meet rising connectivity demands.
A few of the major companies operating in the market include Ericsson, Fujitsu, Mavenir, NEC Corporation, Nokia, Parallel Wireless, Radisys, Rakuten Symphony, and Samsung.
Key Companies
- Ericsson
- Fujitsu
- Mavenir
- NEC Corporation
- Nokia
- Parallel Wireless
- Radisys
- Rakuten Symphony
- Samsung
Industry Developments
September 2025, EE introduced Ericsson’s Advanced RAN Coordination (ARC) solution that allows mobile sites in close vicinity to one another to pair up and share capacity.
December 2024, AT&T announced to deploy Mavenir radios for an open RAN network.
North America and Europe Open Radio Access Network (Open RAN) Market Segmentation
By Offering Outlook (Revenue, USD Million, 2021–2034)
- Hardware
- Radio
- Units Centralized Units/Distributed Units
- Others
- Software
- RAN Intelligent Controller
- Network Orchestration & Management Software
- Others
- Services
- Network Planning & Optimization
- Deployment & Integration
- Support & Maintenance
By Frequency Outlook (Revenue, USD Million, 2021–2034)
- Band Sub-6GHz
- mmWave
- Others
By Ownership Model Outlook (Revenue, USD Million, 2021–2034)
- Carrier-Owned Networks
- Neutral Host Networks
- Enterprise-Owned Networks
By Deployment Phase Outlook (Revenue, USD Million, 2021–2034)
- Brownfield
- Greenfield
By Type Outlook (Revenue, USD Million, 2021–2034)
- LTE ORU
- 5G ORU
- Public / MNO Networks
- Private 5G (P5G)
- Others
By End User Outlook (Revenue, USD Million, 2021–2034)
- Public Networks
- Industrial
- Enterprise
- Others
By Regional Outlook (Revenue, USD Million, 2020–2034)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
North America and Europe Open Radio Access Network (Open RAN) Market Report Scope
|
Report Attributes |
Details |
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Market Size in 2024 |
USD 1410.00 Million |
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Market Size in 2025 |
USD 2182.00 Million |
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Revenue Forecast by 2034 |
USD 27,153.44 Million |
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CAGR |
32.33% from 2025 to 2034 |
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Base Year |
2024 |
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Historical Data |
2022–2023 |
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Forecast Period |
2025–2034 |
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Quantitative Units |
Revenue in USD Million and CAGR from 2025 to 2034 |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Industry Trends |
|
Segments Covered |
|
|
Regional Scope |
|
|
Competitive Landscape |
|
|
Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
FAQ's
The market size was valued at USD 1410.00 million in 2024 and is projected to grow to USD 27,153.44 million by 2034.
The market is projected to register a CAGR of 32.33% during the forecast period.
North America dominated the market in 2024
A few of the key players in the market are Ericsson, Fujitsu, Mavenir, NEC Corporation, Nokia, Parallel Wireless, Radisys, Rakuten Symphony, and Samsung.
The public networks segment dominated the market revenue share in 2024.
The enterprise segment is projected to witness the fastest growth during the forecast period.
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