According to a recent report from market research firm Dell'Oro Group, preliminary findings suggest that Open RAN overall revenue, including O-RAN and Open RAN radio and baseband, has seen surprising growth in both 2020 and 2021, supporting the argument that Open RAN will continue to exist and that the architecture will play an important role before 6G.
Stefan Pongratz, vice president and analyst at Dell'Oro Group, said: "The fact that Open RAN development has come a long way in just a few years has surprised both proponents and skeptics of the technology. While challenging comparisons can have some impact on the market in the short term, these differences between emerging and traditional carriers are unlikely to leave a lasting mark on the long-term outlook. ”
Other highlights of this Open RAN report include:
Open RAN revenue is expected to account for around 15% of the overall 2G-5G RAN market by 2026, reflecting healthy growth in base and advanced radio equipment across multiple geographies;
The Asia-Pacific region dominates the Open RAN market in this initial phase and is expected to play a leading role throughout the forecast period, with the region accounting for more than 40% of total Revenue (Open RAN) in 2021-2026;
The risks on the Open RAN forecast are broadly balanced, but it is worth noting that the downside risk to the market has increased slightly since the last update;
The speed of the transition to virtualized RAN (vRAN) is taking place at a slightly slower pace than Open RAN. Still, the overall forecast for vRAN remains largely unchanged, with vRAN expected to account for 5%-10% of the RAN market by 2026. in Ace
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