Global Radio Access Network (C-RAN) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
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The Radio Access Network (C-RAN) Market report has been segmented as per architecture, component, network, deployment, and region.
Global Radio Access Network (C-RAN) Market: Overview
“The Radio Access Network (C-RAN) Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
A component of a mobile network that creates or forms connectivity between the core network and mobile users is known as a radio access network.
To establish well-organized communication between mobile users and base station, a radio access network is an essential part of every mobile network system. Radio access network contains some components to work in an effective way such as remote radio head(RHH), baseband unit(BBU), and mobile switching center(MSC).
RHH is an antenna that is arranged in various locations to cover a large area of a cell tower, this RHH act as a transceiver to the mobile device.
BBU does the processing of calls and forwarding of mobile traffic to MSC which is located at different places. MSC establishes communication to the mobile network and also coordinates between communication channels within a network.
Global Radio Access Network (C-RAN) Market: Dynamics
Some of the major factors such as fewer hardware requirements, low cost, less requirement of space, easily understandable network structure, higher efficiency, and support of multiple wireless standards are expected to drive the growth of the global radio access network market.
C-RAN provides the ability to enhance performance with their skills to communicate between cells. The lower total cost of ownership (TCO), operational expenditure (OPEX), better spectral efficiency, and availability of 4G & 5G accessibility are other factors expected to drive the growth of the target market.
Moreover, increasing usage of mobile phones is another factor expected to augment the growth of the global radio access network (C-RAN) market.
Increasing data consumption is a factor expected to replace conventional RAN with C-RAN. Also, it has various features such as faster distributed RAN, less cooling and power requirement, enhanced network flexibility, and easy & lower maintenance cost are factors expected to drive the growth of the target market.
However, the advent of various security standards from the government and the necessity to follow privacy standards are factors expected to hinder the global radio access network market growth.
In addition, to do complication regarding the centralization of RAN is another major factor expected to restrain the global market growth.
Global Radio Access Network (C-RAN) Market: Segment Analysis
Among component segments, the remote radio unit segment is expected to account for the largest revenue share in the global radio access network (C-RAN) market, due to the rising usage of C-RAN to establish connections to remote radio heads which will reduce the total cost of network operations.
Among application segments, the targeted outdoor urban areas segment is expected to account largest revenue share in the global radio access network (C-RAN) market, as it offers benefits such as enhanced efficiency and performance.
Global Radio Access Network (C-RAN) Market: Region Analysis
The North American market is projected to account for the highest revenue share in the global market. Telecom vendors in North America are continuously focusing on providing various advanced technology solutions to consumers.
In addition, advancements in networking technology in order to enhance the infrastructure are expected to drive growth in this region.
Global Radio Access Network (C-RAN) Segmentation:
Segmentation by Architecture:
- Virtualized /Cloud RAN
Segmentation by Component:
Segmentation by Network:
- LTE & 5G
Segmentation by Application:
- Targeted outdoor urban areas
- Large public venues
- High-density urban areas
- Suburban & rural areas
Segmentation by Region:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Cisco Systems Inc.
- Intel Corporation
- Nokia Corporation
- Ericsson AB
- Agilent Technologies, Inc.
- Actix International Limited
- Hitachi Data Systems Ltd.
- Telco Systems
- Aricent Inc.
- Ceragon Networks Ltd.
- ZTE Corporation
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