Cloud Radio Access Network (C-RAN) market is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period.
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The major Cloud Radio Access Network (C-RAN) market 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.
In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people.
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- By Company Size: Tier I– 21%, Tier II – 35%, and Tier III–44%
- By Designation Level: C-Level – 35%, Director Level – 40%, and Others– 25%
- By Region: North America – 38%, Europe– 32%, APAC- 10%, and MEA – 20%
A conservative base station consists of Base Band Units (BBUs) and Remote Radio Heasds (RRHs). Centralized RAN pools BBUs in a centralized location where they are clustered with other BBUs.
Virtualized RAN moves the base band processor to a data center; hence, it can also be termed as cloud RAN.
List of Tables
Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Global Cloud RAN Market Size and Growth Rate
Table 3 Global Cloud Radio Access Network Market Size, By Deployment Venue, 2015-2022
Table 4 Cloud Radio Access Network Market Size, By Region, 2015-2022
Table 5 Cloud Radio Access Network Market Size, By Technology, 2015–2022
Table 6 Centralization Technology: Cloud RAN Market Size, By Deployment Venue
Table 7 Centralization Technology: Cloud Radio Access Network Market Size, By Region
Table 8 Virtualization Technology: Cloud Radio Access Network Market Size,
Table 9 Virtualization Technology: Cloud Radio Access Network Market Size
Table 10 Cloud RAN Market Size, By Component, 2015–2022
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North America is expected to witness the highest growth rate during the forecast period.
North America is expected to witness the highest CAGR during the forecast period. Factors such as continual growth in the mobile network, increasing business complexities, and unregulated nature of the internet are driving the growth of the C-RAN market in North America.
The North American region is also expected to have the largest market share during the forecast period. The region has gained a lot of momentum in C-RAN and related technologies, such as Network Function Virtualization (NFV).
Along with this, 5G is also said to be gaining a huge traction and is considered to be a very important application.
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