The global cloud radio access network (C-RAN) market was valued at USD 8.5 billion in 2019, growing at a CAGR of 20.0% 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 2019, 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 the larger market share in 2019
On the basis of network type, the C-RAN market is subdivided into 3G, and LTE & 5G. Among these, 5G and LTE networks held a larger share in the C-RAN market in 2019. 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.
Geographically, North America held the largest share in the global cloud radio access network (C-RAN) market in 2019, 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.
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:
The Report Offers:
Benefits of Report Purchase from VynZ:
We provide accurate data and in-depth analysis with all-inclusive coverage.
Robust Research Methodology
Robust research methodology and data triangulation to ensure high quality report.
24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.
24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.
20% post purchase free customization to meet your Types.
We claim full customer satisfaction as our core values lie in building long term relationship.
High level of data security and confidentiality of your information.
The report provides the market value for the base year 2019 and a yearly forecast till 2025 in terms of revenue (USD Million). The report segments the global cloud radio access network (C-RAN) market on the basis of architecture type, network type, component, deployment model, and region.
Global Cloud Radio Access Network (C-RAN) Market Coverage
Architecture Type Insight and Forecast 2015 – 2025
Network Type Insight and Forecast 2015 – 2025
Component Insight and Forecast 2015 – 2025
Deployment Model Insight and Forecast 2015 – 2025
Cloud Radio Access Network (C-RAN) Market by Region
Rest of the World (RoW)