Dell’Oro Group has revised its forecast for near-term Open RAN and virtualized RAN (vRAN) projections upward. According to the firm’s Vice President and Analyst Stefan Pongratz, the increased forecast reflects the market’s higher starting point and improved momentum. Pongratz predicted that Open RAN revenues will approach $20 billion over the next five years and account for approximately 15% of the 2026 RAN market.