The North America RAN Intelligent Controller Market would witness market growth of 57.1% CAGR during the forecast period (2023-2030).
The demand for intelligent controllers used to oversee and optimize the operations of the Radio Access Network in telecommunications infrastructure is known as the RAN (radio access network) intelligent controller. It aims to simplify mobile network operation & maintenance and improve network performance by automating network configuration and management activities. The market is primarily driven by the rising adoption of 5G networks and cloud-based solutions.
RAN intelligent controller is one of the driving elements behind developing 5G networks. Due to the increased complexity of 5G networks, operators want cutting-edge network automation and management solutions to maximize network performance and reduce operational costs. Furthermore, the growing complexity of mobile networks drives the demand for RAN intelligent controller. As connected devices and data traffic increase, operators require cutting-edge network management solutions to ensure optimal network performance and user experience.
Recent advancements in 5G networks have encouraged using cloud-native solutions for RAN, virtualizing its components, and making it "cloud-like." Mature designers will be capable of utilizing 5G networks' potent capabilities as they grow, creating a new generation of network-aware, edge-based mobile applications.
To support U.S. software businesses, the government plans to invest in new Open RAN technology. Open RAN is in high demand in North America, which can be ascribed to its use in modern in-home entertainment systems and driverless automobiles. Autonomous driving is built on quick and secure communications systems like LTE and 5G. Therefore, the high adoption rate of Open RAN in this region will increase the demand for and adoption of RIC, and in turn will propel the market advancement in the coming years.
The US market dominated the North America RAN Intelligent Controller Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,245.4 Million by 2030. The Canada market is experiencing a CAGR of 60.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 59.2% during (2023 - 2030).
Based on Function, the market is segmented into Non-RT RIC and Near-RT RIC. Based on Component, the market is segmented into Platform and Services. Based on Application, the market is segmented into rApps and xApps. Based on Technology, the market is segmented into 4G and 5G. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide RAN Intelligent Controller Market is Projected to reach USD 5.1 Billion by 2030, at a CAGR of 58.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nokia Corporation, VMware, Inc., Intel Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Cisco Systems, Inc., ZTE Corporation, NEC Corporation, Juniper Networks, Inc. and Telefonaktiebolaget LM Ericsson.
Scope of the Study
Market Segments Covered in the Report:
By Function
By Component
By Application
By Technology
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Nokia Corporation
- VMware, Inc.
- Intel Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Cisco Systems, Inc.
- ZTE Corporation
- NEC Corporation
- Juniper Networks, Inc.
- Telefonaktiebolaget LM Ericsson
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America RAN Intelligent Controller Market, by Function
1.4.2 North America RAN Intelligent Controller Market, by Component
1.4.3 North America RAN Intelligent Controller Market, by Application
1.4.4 North America RAN Intelligent Controller Market, by Technology
1.4.5 North America RAN Intelligent Controller Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Jun – 2023, Jul) Leading Players
4.4 Porter’s Five Force Analysis
Chapter 5. North America RAN Intelligent Controller Market by Function
5.1 North America Non-RT RIC Market by Country
5.2 North America Near-RT RIC Market by Country
Chapter 6. North America RAN Intelligent Controller Market by Component
6.1 North America Platform Market by Country
6.2 North America Services Market by Country
Chapter 7. North America RAN Intelligent Controller Market by Application
7.1 North America rApps Market by Country
7.2 North America xApps Market by Country
Chapter 8. North America RAN Intelligent Controller Market by Technology
8.1 North America 4G Market by Country
8.2 North America 5G Market by Country
Chapter 9. North America RAN Intelligent Controller Market by Country
9.1 US RAN Intelligent Controller Market
9.1.1 US RAN Intelligent Controller Market by Function
9.1.2 US RAN Intelligent Controller Market by Component
9.1.3 US RAN Intelligent Controller Market by Application
9.1.4 US RAN Intelligent Controller Market by Technology
9.2 Canada RAN Intelligent Controller Market
9.2.1 Canada RAN Intelligent Controller Market by Function
9.2.2 Canada RAN Intelligent Controller Market by Component
9.2.3 Canada RAN Intelligent Controller Market by Application
9.2.4 Canada RAN Intelligent Controller Market by Technology
9.3 Mexico RAN Intelligent Controller Market
9.3.1 Mexico RAN Intelligent Controller Market by Function
9.3.2 Mexico RAN Intelligent Controller Market by Component
9.3.3 Mexico RAN Intelligent Controller Market by Application
9.3.4 Mexico RAN Intelligent Controller Market by Technology
9.4 Rest of North America RAN Intelligent Controller Market
9.4.1 Rest of North America RAN Intelligent Controller Market by Function
9.4.2 Rest of North America RAN Intelligent Controller Market by Component
9.4.3 Rest of North America RAN Intelligent Controller Market by Application
9.4.4 Rest of North America RAN Intelligent Controller Market by Technology
Chapter 10. Company Profiles
10.1 Nokia Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.6 SWOT Analysis
10.2 VMware, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Intel Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Samsung Electronics Co., Ltd. (Samsung Group)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Cisco Systems, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.6 SWOT Analysis
10.7 ZTE Corporation
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.6 SWOT Analysis
10.8 NEC Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Juniper Networks, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Telefonaktiebolaget LM Ericsson
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.5.3 Acquisition and Mergers:
10.10.5.4 Geographical Expansions:
10.10.6 SWOT Analysis
TABLE 1 North America RAN Intelligent Controller Market, 2019 - 2022, USD Million
TABLE 2 North America RAN Intelligent Controller Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– RAN Intelligent Controller Market
TABLE 4 Product Launches And Product Expansions– RAN Intelligent Controller Market
TABLE 5 Acquisition and Mergers– RAN Intelligent Controller Market
TABLE 6 Geographical Expansions – RAN Intelligent Controller Market
TABLE 7 North America RAN Intelligent Controller Market by Function, 2019 - 2022, USD Million
TABLE 8 North America RAN Intelligent Controller Market by Function, 2023 - 2030, USD Million
TABLE 9 North America Non-RT RIC Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Non-RT RIC Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Near-RT RIC Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Near-RT RIC Market by Country, 2023 - 2030, USD Million
TABLE 13 North America RAN Intelligent Controller Market by Component, 2019 - 2022, USD Million
TABLE 14 North America RAN Intelligent Controller Market by Component, 2023 - 2030, USD Million
TABLE 15 North America Platform Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Platform Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 19 North America RAN Intelligent Controller Market by Application, 2019 - 2022, USD Million
TABLE 20 North America RAN Intelligent Controller Market by Application, 2023 - 2030, USD Million
TABLE 21 North America rApps Market by Country, 2019 - 2022, USD Million
TABLE 22 North America rApps Market by Country, 2023 - 2030, USD Million
TABLE 23 North America xApps Market by Country, 2019 - 2022, USD Million
TABLE 24 North America xApps Market by Country, 2023 - 2030, USD Million
TABLE 25 North America RAN Intelligent Controller Market by Technology, 2019 - 2022, USD Million
TABLE 26 North America RAN Intelligent Controller Market by Technology, 2023 - 2030, USD Million
TABLE 27 North America 4G Market by Country, 2019 - 2022, USD Million
TABLE 28 North America 4G Market by Country, 2023 - 2030, USD Million
TABLE 29 North America 5G Market by Country, 2019 - 2022, USD Million
TABLE 30 North America 5G Market by Country, 2023 - 2030, USD Million
TABLE 31 North America RAN Intelligent Controller Market by Country, 2019 - 2022, USD Million
TABLE 32 North America RAN Intelligent Controller Market by Country, 2023 - 2030, USD Million
TABLE 33 US RAN Intelligent Controller Market, 2019 - 2022, USD Million
TABLE 34 US RAN Intelligent Controller Market, 2023 - 2030, USD Million
TABLE 35 US RAN Intelligent Controller Market by Function, 2019 - 2022, USD Million
TABLE 36 US RAN Intelligent Controller Market by Function, 2023 - 2030, USD Million
TABLE 37 US RAN Intelligent Controller Market by Component, 2019 - 2022, USD Million
TABLE 38 US RAN Intelligent Controller Market by Component, 2023 - 2030, USD Million
TABLE 39 US RAN Intelligent Controller Market by Application, 2019 - 2022, USD Million
TABLE 40 US RAN Intelligent Controller Market by Application, 2023 - 2030, USD Million
TABLE 41 US RAN Intelligent Controller Market by Technology, 2019 - 2022, USD Million
TABLE 42 US RAN Intelligent Controller Market by Technology, 2023 - 2030, USD Million
TABLE 43 Canada RAN Intelligent Controller Market, 2019 - 2022, USD Million
TABLE 44 Canada RAN Intelligent Controller Market, 2023 - 2030, USD Million
TABLE 45 Canada RAN Intelligent Controller Market by Function, 2019 - 2022, USD Million
TABLE 46 Canada RAN Intelligent Controller Market by Function, 2023 - 2030, USD Million
TABLE 47 Canada RAN Intelligent Controller Market by Component, 2019 - 2022, USD Million
TABLE 48 Canada RAN Intelligent Controller Market by Component, 2023 - 2030, USD Million
TABLE 49 Canada RAN Intelligent Controller Market by Application, 2019 - 2022, USD Million
TABLE 50 Canada RAN Intelligent Controller Market by Application, 2023 - 2030, USD Million
TABLE 51 Canada RAN Intelligent Controller Market by Technology, 2019 - 2022, USD Million
TABLE 52 Canada RAN Intelligent Controller Market by Technology, 2023 - 2030, USD Million
TABLE 53 Mexico RAN Intelligent Controller Market, 2019 - 2022, USD Million
TABLE 54 Mexico RAN Intelligent Controller Market, 2023 - 2030, USD Million
TABLE 55 Mexico RAN Intelligent Controller Market by Function, 2019 - 2022, USD Million
TABLE 56 Mexico RAN Intelligent Controller Market by Function, 2023 - 2030, USD Million
TABLE 57 Mexico RAN Intelligent Controller Market by Component, 2019 - 2022, USD Million
TABLE 58 Mexico RAN Intelligent Controller Market by Component, 2023 - 2030, USD Million
TABLE 59 Mexico RAN Intelligent Controller Market by Application, 2019 - 2022, USD Million
TABLE 60 Mexico RAN Intelligent Controller Market by Application, 2023 - 2030, USD Million
TABLE 61 Mexico RAN Intelligent Controller Market by Technology, 2019 - 2022, USD Million
TABLE 62 Mexico RAN Intelligent Controller Market by Technology, 2023 - 2030, USD Million
TABLE 63 Rest of North America RAN Intelligent Controller Market, 2019 - 2022, USD Million
TABLE 64 Rest of North America RAN Intelligent Controller Market, 2023 - 2030, USD Million
TABLE 65 Rest of North America RAN Intelligent Controller Market by Function, 2019 - 2022, USD Million
TABLE 66 Rest of North America RAN Intelligent Controller Market by Function, 2023 - 2030, USD Million
TABLE 67 Rest of North America RAN Intelligent Controller Market by Component, 2019 - 2022, USD Million
TABLE 68 Rest of North America RAN Intelligent Controller Market by Component, 2023 - 2030, USD Million
TABLE 69 Rest of North America RAN Intelligent Controller Market by Application, 2019 - 2022, USD Million
TABLE 70 Rest of North America RAN Intelligent Controller Market by Application, 2023 - 2030, USD Million
TABLE 71 Rest of North America RAN Intelligent Controller Market by Technology, 2019 - 2022, USD Million
TABLE 72 Rest of North America RAN Intelligent Controller Market by Technology, 2023 - 2030, USD Million
TABLE 73 Key Information – Nokia Corporation
TABLE 74 Key Information – VMware, Inc.
TABLE 75 Key Information – Intel Corporation
TABLE 76 Key Information – Samsung Electronics Co., Ltd.
TABLE 77 Key Information – Huawei Technologies Co., Ltd.
TABLE 78 Key Information – Cisco Systems, Inc.
TABLE 79 Key Information – ZTE Corporation
TABLE 80 KEY INFORMATION – NEC Corporation
TABLE 81 Key Information – Juniper Networks, Inc.
TABLE 82 key information – Telefonaktiebolaget LM Ericsson
List of Figures
FIG 1 Methodology for the research
FIG 2 North America RAN Intelligent Controller Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting RAN Intelligent Controller Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Jun – 2023, Jul) Leading Players
FIG 7 Porter’s Five Force Analysis: RAN Intelligent Controller Market
FIG 8 North America RAN Intelligent Controller Market share by Function, 2022
FIG 9 North America RAN Intelligent Controller Market share by Function, 2030
FIG 10 North America RAN Intelligent Controller Market by Function, 2019 - 2030, USD Million
FIG 11 North America RAN Intelligent Controller Market share by Component, 2022
FIG 12 North America RAN Intelligent Controller Market share by Component, 2030
FIG 13 North America RAN Intelligent Controller Market by Component, 2019 - 2030, USD Million
FIG 14 North America RAN Intelligent Controller Market share by Application, 2022
FIG 15 North America RAN Intelligent Controller Market share by Application, 2030
FIG 16 North America RAN Intelligent Controller Market by Application, 2019 - 2030, USD Million
FIG 17 North America RAN Intelligent Controller Market share by Technology, 2022
FIG 18 North America RAN Intelligent Controller Market share by Technology, 2030
FIG 19 North America RAN Intelligent Controller Market by Technology, 2019 - 2030, USD Million
FIG 20 North America RAN Intelligent Controller Market share by Country, 2022
FIG 21 North America RAN Intelligent Controller Market share by Country, 2030
FIG 22 North America RAN Intelligent Controller Market by Country, 2019 - 2030, USD Million
FIG 23 SWOT Analysis: Nokia Corporation
FIG 24 SWOT Analysis: VMware, Inc.
FIG 25 SWOT Analysis: Intel corporation
FIG 26 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 27 SWOT Analysis: Huawei Investment & Holding Co., Ltd
FIG 28 SWOT Analysis: Cisco Systems, Inc.
FIG 29 Swot Analysis: ZTE Corporation
FIG 30 Recent strategies and developments: NEC Corporation
FIG 31 Swot Analysis: NEC Corporation
FIG 32 SWOT Analysis: Juniper Networks, Inc.
FIG 33 Recent strategies and developments: Telefonaktiebolaget LM Ericsson
FIG 34 Swot Analysis: Telefonaktiebolaget LM Ericsson