RAN Intelligent Controller Market

The RAN Intelligent Controller (RIC) market consists of automation platforms that optimize network performance for mobile operators. The primary customers are mobile network operators and service providers seeking to manage their networks more efficiently. Key growth drivers include the global trend of increasing digitization, the imperative to handle escalating network traffic, and the complex technological transition to 5G networks.

CAGR

58%

Compound Annual Growth Rate

Current Value

$840.0M

Estimated 2026

Projected Value

$13.1B

By 2032

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