Canada’s Open vRAN market is in a developing phase, witnessing steady growth fueled by increased investment in telecom modernization and rural connectivity expansion. One of the primary drivers is the federal government’s push to close the digital divide, particularly in remote and indigenous communities. Canadian telecom operators are exploring Open vRAN to lower costs and increase network flexibility in vast geographic areas. However, a key restraint is the limited domestic R&D ecosystem compared to global peers, which slows down the pace of innovation and deployment. Trends in Canada include rising collaboration with international vendors and research institutions to pilot Open vRAN solutions, particularly in private network settings. Furthermore, growing interest in 5G edge computing and private enterprise networks creates a fertile ground for Open vRAN implementation. The opportunity for growth lies in modernizing legacy infrastructure and enabling next-gen use cases in mining, forestry, and smart cities. As interoperability standards mature and deployment costs fall, Canada’s Open vRAN market is expected to achieve consistent expansion over the next five years.
TABLE - Canada Open vRAN Market Size & Forecast By Component 2021-2033
Component | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Hardware | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Software | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Services | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Canada Open vRAN Market Size & Forecast By Deployment Type 2021-2033
Deployment Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Public Networks | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Private Networks | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Canada Open vRAN Market Size & Forecast By Network Type 2021-2033
Network Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5G | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
4G/LTE | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis