O-RAN Near-Real-Time RAN Intelligent Controller Market Segmentation:
Deployment Segment Analysis
The global O-RAN Near-Real-Time RAN Intelligent Controller market is also segmented and analyzed for demand and supply by deployment into centralized and distributed. Amongst these two segments, the centralized segment is expected to garner a significant share in the year 2035. Increasing demand for 5G technology & infrastructure, adoption of smartphones and digitalization, followed by the rising spending all across the globe are factors for the growth of centralized RAN segment. An increase in number of people who use internet, support from government and amazing opportunities in the telecom industry has led to growth of centralized RAN segment in the market. According to the data reported, the worldwide spending has reached to more than 1.5 trillion in the year 2021.
Components Segment Analysis
The global O-RAN Near-Real-Time RAN Intelligent Controller market is segmented and analyzed for demand and supply by components into A1 mediator, Demo 1, E2 manager, E2 terminator, logging, RIC alarm system, RIC message router, RNIB, routing manager, xApp framework for CXX, xApp framework for Go, and xApp framework for Python. Out of these different types, routing manager segment is expected to hold the highest market share in the forecast period. The growth of the segment can be attributed to the increasing demand for 5G technology and its adaptation in the telecom industry. Moreover, the growing awareness of its benefits related to the distribution routing policies among other platform components. In addition, they keep the routing policies updated as soon as possible, which in turn is expected to expand the growth of the segment in the market.
Our in-depth analysis of the global market includes the following segments:
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By Deployment |
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