The call for advanced cellular network architecture is creating a favorable backdrop for the expansion of the cloud radio access networks. Reports that study the information and communication technology industry have been offered by Market Research Future, which delivers reports on industry verticals that appraise the market growth and forecasts. The market is at the level to attain USD 14 Billion in incomes while developing at a 21 % CAGR approximately by 2022.
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Competitive Analysis
The key market players operating in the global market as identified by MRFR are Intel (U.S.), Xilinx, Inc. (U.S.), Agilent Technologies (U.S.), Huawei Technologies Co. Ltd. (China), Alcatel-Lucent S.A. (France), Ericsson (Sweden), International Business Machines Corporation (U.S.), Panasonic Corporation (Japan), NEC Corporation (Japan), Hitachi, Ltd. (Japan), ZTE Corporation (China), among others.
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Cloud Radio Access Network Market, By Component (Baseband unit (BBU), Optical transmission network (OTN) and Remote radio head (RRH)), By Service (Network Service, System Integration, Customer service) – Forecast 2027
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