Virtualized Radio Access Network Market to Experience Robust Growth Driven by 5G Adoption
In 2024, the global Virtualized Radio Access Network market was valued at USD 3.6 billion and is projected to reach USD 14.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 19.5% during the forecast period. The expansion of 5G networks, coupled with the growing demand for mobile data and the need for efficient network management, are the primary factors driving this rapid growth.
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