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Cloud Radio Access Network (C-RAN) Market Sales Revenue to Significantly Increase in the Next Few Years
The report on the Global Cloud Radio Access Network (C-RAN) Market covers Industry Size, market valuation by segmentation as well as region, historical trends, dynamics, country-level analysis for every segment and supply chain analysis
Rapid Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) reduction and 4G and 5G accessibility are the major factors driving the growth of the C-RAN market.
Browse and in-depth TOC on “Cloud Radio Access Network (C-RAN) Market”
68 - Tables
40 - Figures
131 - Pages
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Major Key Companies:
The C-RAN market report includes the competitive landscape, which presents the positioning of the 25 key C-RAN vendors, based on their product offerings and business strategies. Some of the major C-RAN vendors are Nokia Corporation (Finland), Cisco Systems, Inc. (US), Samsung Electronics Co. Ltd. (South Korea), ZTE Corporation (China), Altiostar (US), Ericsson AB (Sweden), Huawei Technologies Co. Ltd. (China), NEC Corporation (Japan), Fujitsu (Japan), Intel Corporation (US), Mavenir (US), and ASOCS Ltd. (Israel).
The Cloud RAN technology is gaining prominence, due to growing technological advancement in wireless and optical communication systems. It uses a low-cost transmission module for the transmission of data between the Base Band Unit (BBU) and Remote Radio Head (RRH). Furthermore, the data center networking technology enables latent free, low cost, and highly scalable networking modules in the BBU pool. The real-time virtualization technology through cloud computing allows dynamic resource allocation to support multi-vendor environments.
In the services segment, service providers play a crucial role in transforming new-age enterprises, which are constantly challenged by disruptive forces and innovations in the market. The services segment in the Cloud RAN market is expected to witness improved growth rate in the coming years, due to increased adoption of growing technologies.
Deployment of Cloud RAN market has witnessed comparatively different trends across both the technologies. For instance, large public venues mainly opt for virtualization technology, owing to its scalability, whereas targeted outdoor urban areas primarily deploy centralized RAN architecture to efficiently utilize the existing infrastructure, thereby reducing the CAPEX to a great extent.
On the basis of regions, the global Cloud RAN market has been segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. North America is expected to be the largest revenue-generating region. This is mainly because in the developed economies of the US and Canada, there is a high focus on innovations obtained from Research and Development (R&D). These regions have the most competitive and rapidly changing C-RN market. The region is also expected to be the fastest-growing region in the market. North America has a high Long Term Evolution (LTE) subscriber base. Therefore, the demand for high-quality mobile services is high in this region, but as the availability of fiber highly impacts C-RAN deployments, operators are expected to increase their spending on fiber in the future.
North America is expected to have the largest market share during the forecast period.
North America has the most competitive and rapidly changing C-RAN market in the world. North America, among all the regions, has shown the maximum adoption of C-RAN solutions. Being one of the most technologically advanced regions in the world, North America is connected with complex networks across all industries in different verticals. The US and Canada are expected to extensively implement C-RAN solutions; North America is estimated to have the largest market share.
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