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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

(PresseBox) (Northbrook, IL, )
According to a new market research report” Cloud Radio Access Network (C-RAN) Market by Technology (Centralization and Virtualization), Component (Solutions and Services), Deployment Venue, and Region (North America, Europe, APAC, MEA, and Latin America) - Global Forecast to 2022", published by MarketsandMarkets™, The global C-RAN market size is expected to grow from USD 681.6 Million in 2017 to USD 1,132.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 10.7%.

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.

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