Cloud Radio Access Network (C-RAN) Market
The GMI Research presumes that the Cloud Radio Access Network (C-RAN) Market will expand at an annual rate of 36.9% over the forecast period. Rising network congestion because of the extensive usage of smart devices and insufficient accessibility of spectrum has stimulated the demand for effective and better network infrastructure, such as C-RAN.
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Cloud Radio Access Network (C-RAN) Market Dynamics
C-RAN provides centralized network architecture, higher energy efficiency and further helps to decrease the expenses because of the virtualization of base stations rather than physical deployment. The growing enforcement of network virtualisation by telecom service vendors because of the growing demand for faster network with low intermission and more bandwidth will propel the growth of the Cloud Radio Access Network (C-RAN) Market. The World Bank report asserts that nearly 51% of the global population increased from 7.9 billion to 8.2 billion in 2019. Moreover, the GSM Association in a report mentioned that the number of exclusive mobile subscribers is forecasted to reach 5.8 billion by 2025. Also, the accelerating penetration of internet and the rising demand for effective and better network architecture is projected to encourage the Cloud Radio Access Network (C-RAN) Market size.
In addition to it, accelerating number of smartphone users, rising internet data traffic and the growing adoption of sophisticated mobile internet technology and the enforcement of 5G services are some major factors bolstering the market growth.
Network Type Segment Drivers
By network type, the 5G segment is projected to witness a remarkable growth during the forecast period. This is owing to the growing acquisition of 5G technology by telecom vendors for reducing the intermission issues and providing faster speeds to consumers globally. Moreover, as per the Cloud Radio Access Network (C-RAN) Market analysis, C-RAN offers network capabilities for large-scale and centralized 5G deployments in telecom industries will further encourage the market growth.
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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 68 Market Data Tables and 40 Figures spread through 131 Pages and in-depth TOC on "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"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 North American region is expected to witness the highest CAGR during the forecast period in the C-RAN market.
This region offers the most innovative and fastest services available in the world through its network infrastructure.Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1001On the basis technologies, the C-RAN market is broadly classified into virtualization technology and centralization technology.
Consulting services mainly deal with the critical issues and opportunities related to strategy, marketing, operations, technology, mergers and acquisitions, and corporate finance.
They help enterprises increase business efficiency, boost performance, reduce cost, and enhance resilience.On the basis of deployment venues, the C-RAN market is segmented into large public venues, targeted outdoor urban areas, high-density urban areas, and suburban and rural areas.
Deploying C-RAN for such locations becomes a mandate, as the fronthaul systems installed at these locations are designed to cater to limited users, but during events, these locations are flooded with large numbers of users.Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/cloud-radio-access-network-ran-market-1001.htmlAbout MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
June 3, 2019: The global cloud radio access network (C-RAN) market is expected to reach USD 31.71 billion by 2025, according to a new report by Grand View Research, Inc.
The networks ecosystem is on the verge of a transformation owing to growing demand data requirements for the Internet of Things (IoT) and the advent of 5G technologies which will lead to the requirement of new services and applications is anticipated to drive the growth of C-RAN architecture market over the forecast period.
The market for the LTE & 5G segment is expected to grow at the highest CAGR over the forecast period from 2017 to 2025.
The evolution of 5G is projected to place challenges on present network infrastructure in the form of technologies and operation model.Download sample Copy of This Report at: https://www.radiantinsights.com/research/cloud-radio-access-network-c-ran-market/request-sample The currently available mobile networks infrastructure is designed to meet the requirements for voice and traditional mobile broad band services.
These infrastructures are not flexible enough to support 5G services owing to the multiple number standard upgrades and complex interfaces.
Centralized-RAN is emerging as the critical network architecture for 5G, it has innovative elastic and scalable network architectures which can provide the required capabilities to the incorporation of 5G network.Further key findings from the report suggest:The global C-RAN market accounted for USD 4.72 billion in 2016 and is expected to grow at a CAGR of 23.9% from 2017 to 2025Complete Report Available @ https://www.radiantinsights.com/research/cloud-radio-access-network-c-ran-market Outdoor deployment segment emerged as the largest segment in 2016 and is estimated to generate revenue over USD 26.08 billion by 2025The market for design and development service is anticipated to witness the highest growth of a CAGR of 23.1% over the forecast periodThe Asia-Pacific market hold the largest share in the C-RAN market in 2016.
Market HighlightsThe global cloud radio access network is predicted to touch USD 14 billion at a whopping 21% CAGR between 2016- 2022, states the recent Market Research Future (MRFR) analysis.
This is basically a radio access network that supports 2G, 3G, 4G & other emerging wireless communication standards.
C-RAN benefits the user in multiple ways by offering low cost, high bandwidth, low latency, and high reliability.
Drivers and RestraintsGrowing network congestion due to the widespread use of smart devices and reduced spectrum supply over the last five years has increased demand for powerful and improved network infrastructure such as C-RAN.
In addition, steady measures taken by the governments and network operators across various regions for successful 5 G rollout in the coming years are expected to be a major catalyst for C-RAN rollout.
Also, exponentially increasing network traffic and limited availability of spectrum resources are challenging the existing radio network infrastructure.
