Mexico’s Open vRAN market is growing steadily, underpinned by increasing demand for broadband services and the expansion of mobile coverage into remote areas. A major growth driver is the government’s emphasis on national connectivity goals such as the “Internet for All” initiative, encouraging operators to deploy flexible and cost-effective solutions like Open vRAN. Additionally, the increasing presence of neutral hosts and infrastructure-sharing models is promoting adoption across Tier 2 and Tier 3 cities. However, challenges such as inconsistent power infrastructure in rural regions and concerns over interoperability between hardware and software vendors could slow deployment. Nevertheless, opportunities exist in leveraging Open vRAN to reduce CapEx and enable faster 5G deployments through disaggregated architectures. The rising trend of deploying cloud-native RAN systems and interest from global vendors in entering the Mexican telecom space are further shaping the landscape. The market is forecasted to grow at a CAGR of around 26%, supported by a mix of regulatory initiatives, private investments, and strategic alliances with technology providers.
TABLE - Mexico 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 - Mexico 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 - Mexico 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