Global RAN Intelligent Controller (RIC) Market Analysis 2024–2033

The Global RAN Intelligent Controller (RIC) Market is projected to grow from USD 219 million in 2023 to USD 25,647.4 million by 2033, registering a robust CAGR of 61.2% during the forecast period. This explosive growth is fueled by increasing 5G deployments, the push for network automation, and the demand for intelligent radio access network optimization. The integration of AI/ML into RAN operations enhances network efficiency and service quality, significantly boosting demand. In 2023, the Asia-Pacific region led the market with a dominant 39% share, generating USD 85.4 billion in revenue due to aggressive telecom advancements and supportive policies.

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