Press Releases

The global cloud radio access network (C-RAN) market was valued at USD 8.8 billion in 2023, growing at a CAGR of 18.0% during the forecast period. Key players in the global C-RAN market are regularly focusing on new product development, partnerships, and collaborations to sustain and attain a competitive edge in the market. Further, mergers & acquisitions are other key strategies adopted by the players in the ecosystem. For instance, in 2023, Rakuten announced a strategic partnership with Altiostar to enhance its product portfolio across LTE and 5G technologies.

5G and LTE networks are expected to account for the larger market share in 2023

Based on network type, the C-RAN market is subdivided into 3G, and LTE & 5G. Among these, 5G and LTE networks held a larger share of the C-RAN market in 2023. Rapid growth in the communication traffic in terms of data and calls leads to increased power consumption at the network operator level. This acts as an opportunity for C-RAN technology which provides lower power consumption, improved coverage, and virtualization in terms of traffic management.

Global Cloud Radio Access Network (C-RAN) Market Segmentation and Key Players

Geography Insight

Geographically, North America held the largest share in the global cloud radio access network (C-RAN) market in 2023, owing to the high adoption rates. Besides, the region is connected with complex networks across the industries in diverse verticals, this will further upsurge the growth of the C-RAN market in years to come.

Competitive Insight

Some of the key players operating in the global cloud radio access network (C-RAN) market are Nokia Corp, Cisco Systems, Inc., Samsung Electronics Co Ltd, ZTE Corp, Altiostar, Telefonaktiebolaget LM Ericsson, NEC Corporation, Huawei Technologies Co., Ltd., Fujitsu, Intel Corporation, and ASOCS Ltd.

Key Takeaway from the Report:

• Among all the architecture types, the centralized RAN architecture segment will capture the highest market share in 2023.
• Of all the network types, 5G and LTE networks held the larger share of the C-RAN market in 2023.
• Among all the components, the infrastructure segment accounted for the largest share of the C-RAN market in 2023.
• Among all the deployment models, the outdoor segment constitutes the largest market share in the C-RAN market in 2023.

The Report Offers:

• Historical market estimate for the years 2018–2023 and forecast for the years 2025–2030
• Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
• Market insights by in-depth segmentation with industry dynamics.
• Competitive analysis and benchmarking of the industry leaders and their product offerings
• Profiles of leading players and innovators, their financial overview, and product portfolio
• Analysis of key industry trends and recent developments
• Value chain analysis and distribution channel analysis with opportunity assessment
• Market share analysis of major players

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The report provides the market value for the base year 2023 and a yearly forecast till 2030 for revenue (USD Billion). The report segments the global cloud radio access network (C-RAN) market based on architecture type, network type, component, deployment model, and region.

Global Cloud Radio Access Network (C-RAN) Market Coverage

Architecture Type Insight and Forecast 2025 – 2030

• Centralized-RAN
• Cloud/Virtualized RAN

Network Type Insight and Forecast 2025 – 2030

• 3G
• LTE & 5G

Component Insight and Forecast 2025– 2030

• Infrastructure
  • Remote Radio Units
  • Baseband Units
  • Fronthaul
• Software
• Services
  • Consulting
  • Design & Deployment
  • Maintenance & Support
  • Others

Deployment Model Insight and Forecast 2025 – 2030

• Indoor
• Outdoor

Geographical Segmentation

Cloud Radio Access Network (C-RAN) Market by Region

North America

• By Architecture Type
• By Network Type
• By Component
• By Deployment Model
• By Country – U.S., Canada, and Mexico

Europe

• By Architecture Type
• By Network Type
• By Component
• By Deployment Model
• By Country – Germany, U.K., and the Rest of Europe

Asia-Pacific (APAC)

• By Architecture Type
• By Network Type
• By Component
• By Deployment Model
• By Country – China, Japan, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Architecture Type
• By Network Type
• By Component
• By Deployment Model
• By Country – Brazil, and Other Countries