Global and US O-RAN Market to Witness Rapid Expansion as Demand for 5G Grows

CA, USA- Jan 18 2023 – QY Research has just released its new market report on the global and United States O-RAN market. The report focuses on market size, share, growth, trends, and forecast from 2020 to 2027.

O-RAN (Open Radio Access Network) is an open and interoperable architecture for mobile networks which is designed to enable efficient and cost-effective deployment of 5G services. It is a multi-vendor access system that allows operators to make use of different vendors’ solutions, such as radio access network (RAN) components, and also provides flexibility in network design and deployment.

The global O-RAN market is expected to grow significantly during the forecast period, driven by factors such as the growing demand for 5G network deployments, increasing need for efficient network performance, and the need for open and interoperable mobile networks. In the United States, the O-RAN market is expected to grow at a healthy rate during the forecast period.

This is attributed to the increasing demand for high-performance 5G networks, increasing investments in 5G network deployments, and the increasing demand for open and interoperable mobile networks. The report provides an in-depth analysis of the market size, share, growth, trends, and forecast for the global and United States O-RAN markets. It also provides insights into the key market dynamics, including the drivers, restraints, opportunities, and challenges.

The report is available for purchase on the QY Research website.

Media Contact:

Rahul Singh – Digital Marketing Director

Contact: +91 7028 920 828

Email: rahul@qyresearch.com

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