Spain’s Open vRAN market is developing at a moderate pace, supported by efforts to improve rural connectivity and expand 5G services across the Iberian Peninsula. A key driver is the government's digital inclusion policies, which encourage the adoption of cost-effective, flexible network solutions like Open vRAN. Major telecom operators are also exploring disaggregated architectures to reduce total cost of ownership. Nonetheless, one notable restraint is the slow pace of standardization and limited local expertise, which can hinder widespread implementation. Opportunities lie in Spain’s increasing interest in smart cities and IoT applications, where Open vRAN can offer scalable and low-latency network infrastructure. The trend of leveraging public cloud infrastructure to host RAN functions is gaining momentum, making Open RAN more accessible for smaller telecom providers. Spain’s Open vRAN market is projected to grow at a CAGR of 27.1%, indicating steady progress driven by policy support, urban innovation, and the need for agile network solutions.
TABLE - Spain 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 - Spain 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 - Spain 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