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 virtual/ cloud
RAN architecture is expected to gain traction over the forecast period.
The
Infrastructure segment holds the largest share of Cloud-RAN industry in 2016
and is expected to reach over USD 17.05 billion by 2025. 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.
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.
Browse full
research report on Cloud Radio Access Network Market: www.grandviewresearch.com/industry-analysis/cloud-ran-market
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
2025
- Outdoor deployment segment emerged as the
largest segment in 2016 and is estimated to generate revenue over USD
26.08 billion by 2025
- The market for design and development service
is anticipated to witness the highest growth of a CAGR of 23.1% over the
forecast period
- The Asia-Pacific market hold the largest share
in the C-RAN market in 2016. The growing deployment of C-RAN by the mobile
operators in China, Japan and South Korea to better meet heavy mobile data
demand by improving existing 4G network coverage and to support the future
5G roll out in the region
- Key players include Ericsson AB, Inc., Nokia
Corporation, Huawei Technologies Co., Ltd., Fujitsu Ltd and ZTE
Corporation are accounting for the majority share of the overall market in
2016
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
Grand View Research has segmented the C-RAN market on the basis
architecture, component, network deployment and region:
Architecture
Outlook (Revenue, USD Million, 2014 - 2025)
- Centralized
- Virtualized
/Cloud RAN
Component
Outlook (Revenue, USD Million, 2014 - 2025)
- Infrastructure
- Remote
Radio Units
- Baseband
Units
- Fronthaul
- Solution
- Services
- Consulting
- Design
and deployment
- Maintenance
and support
- Others
Network
Outlook (Revenue, USD Million, 2014 - 2025)
- 3G
- LTE
& 5G
Deployment
Outlook (Revenue, USD Million, 2014 - 2025)
- Indoor
- Outdoor
Regional
Outlook (Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- China
- Japan
- South
Korea
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-cloud-ran-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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