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Open Radio Access Network (Open RAN) Market worth $15.6 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Wednesday, December 21, 2022

USD, DU, LTE, Growth, Compound annual growth rate, QOS, CU, Rail transport

CHICAGO, Dec. 21, 2022 /PRNewswire/ -- The Global Open Radio Access Network (Open RAN) Market size is projected to grow from USD 1.1 billion in 2022 to USD 15.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 70.5% during the forecast period, according to a new report by MarketsandMarkets™.

Key Points:

CHICAGO, Dec. 21, 2022 /PRNewswire/ -- The Global Open Radio Access Network (Open RAN) Market size is projected to grow from USD 1.1 billion in 2022 to USD 15.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 70.5% during the forecast period, according to a new report by MarketsandMarkets™.
Rising Open RAN demand from mobile operators is driving the growth of the Open RAN market.
Other minor US operators like Inland Cellular are already expanding their 4G networks with Open RAN.
Similarly, countries such as Australia, and Japan are also taking several initiatives to deploy Open RAN solutions.

Open Radio Access Network (Open RAN) Market worth $15.6 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Wednesday, December 21, 2022

USD, DU, LTE, Growth, Compound annual growth rate, QOS, CU, Rail transport

CHICAGO, Dec. 21, 2022 /PRNewswire/ -- The Global Open Radio Access Network (Open RAN) Market size is projected to grow from USD 1.1 billion in 2022 to USD 15.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 70.5% during the forecast period, according to a new report by MarketsandMarkets™.

Key Points:

CHICAGO, Dec. 21, 2022 /PRNewswire/ -- The Global Open Radio Access Network (Open RAN) Market size is projected to grow from USD 1.1 billion in 2022 to USD 15.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 70.5% during the forecast period, according to a new report by MarketsandMarkets™.
Rising Open RAN demand from mobile operators is driving the growth of the Open RAN market.
Other minor US operators like Inland Cellular are already expanding their 4G networks with Open RAN.
Similarly, countries such as Australia, and Japan are also taking several initiatives to deploy Open RAN solutions.

HWNI Hires Chief Revenue Officer to Drive Cybersecurity Sales

Retrieved on:

Tuesday, December 6, 2022

He also directed the day-to-day operations of a more than $100 million MSSP support organization and grew year-over-year MSSP partner revenue by 244 percent.

Key Points:

He also directed the day-to-day operations of a more than $100 million MSSP support organization and grew year-over-year MSSP partner revenue by 244 percent.
At Cybereason, he helped boost year-over-year revenue by 466 percent among MSSP partners and grew year-over-year partner recruitment by 280 percent.
Tallent is recognized as a 2022 CRN Channel Chief, a sought-after public speaker and a thought leader in cybersecurity and managed security services.
Our cybersecurity revenue has increased more than 260 percent year-to-date exclusively through our growing partner community," said High Wire CEO Mark Porter.

Joint statement by Canada, Australia, the United Kingdom and the United States of America on telecommunications supplier diversity

Retrieved on:

Thursday, December 8, 2022

Collaborative innovation network, SONIC, United Kingdom, Partnership, Telecommunication, Institute for Telecommunication Sciences, RAN, D, Communication, Policy, Overalls, Mobile phone, Risk management

Collectively, we recognize that open and interoperable architectures are one way of creating a more open, diverse and innovative market.

Key Points:

Collectively, we recognize that open and interoperable architectures are one way of creating a more open, diverse and innovative market.
Today, we reaffirm our commitment to these principles, outlined in the Prague Proposals on Telecommunications Supplier Diversity (the '2021 Prague Proposals'), including support for open and interoperable networks, public-private dialogue and global partnership.
One year on from the 2021 Prague Proposals' release, the governments of Canada, Australia and the United States further announce the endorsement of the Open RAN Principles , published by the United Kingdom in April 2022.
"Telecommunications supplier diversity is a global issue and will require a collaborative approach from the international community.

Founder Alex Gonthier Returns as CEO of Trustly, Inc.

Retrieved on:

Monday, October 31, 2022

Trustly, the global leader in Open Banking Payments, announces that it will welcome back Alex Gonthier as CEO of Trustly, Inc., the Americas division of Trustly AB, effective October 31, 2022.

Key Points:

Trustly, the global leader in Open Banking Payments, announces that it will welcome back Alex Gonthier as CEO of Trustly, Inc., the Americas division of Trustly AB, effective October 31, 2022.
Gonthier is the founder and former CEO of PayWithMyBank, Inc., which merged with Trustly in June 2019.
Since 1997, Gonthier has been a serial founder and entrepreneur in FinTech.
Johan Tjrnberg, Group CEO for Trustly AB, says: We are thrilled and grateful that Alex has agreed to return to lead our fastest-growing division.

NEC becomes First Vendor to be Awarded "Requirements Compliant Bronze Badge" for 5G Open RAN Radio Units in Latest Published TIP Requirements 2.1

Retrieved on:

Thursday, October 27, 2022

NEC is an Open RAN market leader with its end-to-end Open 5G solutions, system integration capabilities, and deployments with its signature 5G radio offering.

Key Points:

NEC is an Open RAN market leader with its end-to-end Open 5G solutions, system integration capabilities, and deployments with its signature 5G radio offering.
With this award, NEC demonstrates compliance with the TIP OpenRAN project group's recently approved R2.1 RU requirements for a further 12 5G radio units (RUs), which meet O-RAN standards.
NEC is an active participant in several consortia looking to drive technology requirements and standards for Open RAN and is the first global 5G supplier to have live deployed 5G massive MIMO radio units that are OpenRAN compliant.
NEC was previously awarded its second TIP ribbon for complying with the requirements for TIP's OpenRAN RU Technical Requirements Document 2.0. for three of its 5G massive MIMO Open RAN Radio Units (i.e., MB5440, 5450, and 5460 units).

Vodafone and NTT DOCOMO sign MoU to cooperate to drive greater system integration and service efficiency in Open RAN

Retrieved on:

Wednesday, October 26, 2022

TOKYO, Oct 26, 2022 - (JCN Newswire) - Vodafone and NTT DOCOMO, INC. (DOCOMO) agreed to cooperate to bring the benefits of open radio access networks (Open RAN) to a wider operator and vendor community.

Key Points:

TOKYO, Oct 26, 2022 - (JCN Newswire) - Vodafone and NTT DOCOMO, INC. (DOCOMO) agreed to cooperate to bring the benefits of open radio access networks (Open RAN) to a wider operator and vendor community.
The cooperation will drive greater interoperability between different vendor systems worldwide giving customers a seamless service across 4G and 5G Open RAN networks no matter where they live, work, or travel.
Rather than fragmenting the industry, Open RAN is bringing us together, across continents, to drive diversification of network equipment vendors and ensure greater systems integration."
Naoki Tani, Chief Technology Officer of NTT DOCOMO, said: "We look forward to combining Vodafone's R&D and thought leadership in Open RAN system integration and DOCOMO's experience in deploying a multi-vendor 5G Open RAN commercial service in Japan.

NEC Launches North American Innovation Hub for Open RAN

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Wednesday, September 28, 2022

TSE, Tier 1, Safety, Efficiency, Blue Danube, Fleet Radio Unit, Melbourne, American, MIMO, Acquisition, Industry, Telecommunication, Technology, Solution, Ecosystem, Descriptive ethics, NEC, Network equipment, Video game

TOKYO, Sept 28, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) has created a North American 5G innovation unit in New Providence, New Jersey, to expand product development and cater to the growing global demand for Open RAN solutions.

Key Points:

TOKYO, Sept 28, 2022 - (JCN Newswire) - NEC Corporation (TSE: 6701) has created a North American 5G innovation unit in New Providence, New Jersey, to expand product development and cater to the growing global demand for Open RAN solutions.
NEC Advanced Networks is led by Rahul Chandra, a longtime technology and business development leader in the telecommunications industry.
Using the former Blue Danube resources to create a center of innovation and product development is an important advancement as NEC continues its push for Open RAN 5G solutions built on multi-vendor ecosystems.
Tatewaki continued, "As the Open RAN market rapidly grows, we need to expand our presence to achieve global goals.

CEVA Accelerates 5G Infrastructure Rollout with Industry's First Baseband Platform IP for 5G RAN ASICs

Retrieved on:

Wednesday, September 21, 2022

DU, GNSS, Interrupt, UWB, FEC, RRU, Hillcrest Labs, Acceleration, VPS, Algorithm, PHY, Efficiency, L1, CPU, AR, COTS, MIMO, Beamforming, High-pass filter, MMSE, Industry, Environment, CEVA, Intelligence, Semiconductor, PPA, Technology, ASIC, Radio, DSPS, Solution, Architecture, Silicon, FFT, Application-specific integrated circuit, General manager, FPGA, Robotics, NASDAQ, Human, PC, Ultra, DSP, AI, NB, Original equipment manufacturer, IOT, Wi-Fi, Image, CAGR, Video game console, Mobile phone, SOC, Bluetooth

This heterogeneous baseband compute platform has been designed to significantly reduce the entry barriers for companies wishing to break into the new market opportunities available in Open RAN (O-RAN) equipment.

Key Points:

This heterogeneous baseband compute platform has been designed to significantly reduce the entry barriers for companies wishing to break into the new market opportunities available in Open RAN (O-RAN) equipment.
The burgeoning market for 5G base station and radio ASICs is fueled by the digital transformation that continuously calls for higher cellular bandwidth at lower latency.
More recently, network disaggregation driven by the Open RAN initiative and the drive for mMIMO has gained the attention of silicon vendors worldwide to the cellular infrastructure market opportunity.
It delivers up to 10X savings in power and area compared to available FPGA and commercial-off-the-shelf (COTS) CPU based alternatives.

Nokia partners with Hill Air Force Base on testbed for radar interference management with Open RAN architecture

Retrieved on:

Tuesday, July 12, 2022

Hill Air Force Base is using Nokias O-RAN solutions for the testbed and Phase 1 of the project has been successfully completed.

Key Points:

Hill Air Force Base is using Nokias O-RAN solutions for the testbed and Phase 1 of the project has been successfully completed.
For Hill Air Force Base, Nokias Service Enablement Platform exposes radar interference detection and mitigation capabilities via an O-RAN interface developed by the O-RAN Alliance.
Nokia developed the 5G Testbed solution at Hill AFB to help ensure DoD radar detection can co-exist with commercial 5G networks operating in the same shared spectrum.
Michael Loomis, General Manager at Nokia Federal Solutions, said: We initially partnered with Hill Air Force Base on a testbed for dynamic spectrum sharing, and this extension of our agreement with Hill Air Force Base is a testament to our ability to deliver standards-based solutions that meet the DoDs requirements.