C-RAN Market Is Projected To Value USD 31.71 Billion By 2025: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a report by Grand View Research, Inc., global cloud radio access network (C-RAN) market is anticipated to value USD 31.71 billion by 2025. Growing requirement for centralized radio access network among mobile operators to address capacity and coverage problem is anticipated to propel demand for C-RAN.

According to a report by Grand View Research, Inc., global cloud radio access network (C-RAN) market is anticipated to value USD 31.71 billion by 2025. Growing requirement for centralized radio access network among mobile operators to address capacity and coverage problem is anticipated to propel demand for C-RAN. Unavailability of network spectrum, stringent regulatory limits, growing demand for high speed mobile data are likely to create major problems for mobile network operators. Installation of C-RAN is expected to resolve all aforementioned issues by offering cooperative solution and centralizing base station function.

Growing need for flawless mobile network connectivity and high-speed data services is anticipated to influence growth of market. Rising demand for advanced mobile network infrastructure to support 5G services is likely to fuel market growth in the forthcoming years. Increasing adoption of network architecture among mobile operators that can reduce number of cell sites and operating expenses while offering similar network coverage can stimulate market growth during the forecast period (2014 to 2025).

Full Research Report On Cloud Radio Access Network (C-RAN) Market Analysis: 
https://www.grandviewresearch.com/industry-analysis/cloud-ran-market

Asia Pacific C-RAN market by component, 2014 - 2025 (USD Billion)

The cloud radio access network market can be segregated on the basis of architecture, component, network, deployment, and region. Based on architecture, the market can be bifurcated into virtualized/Cloud RAN and centralized. In 2016, centralized architecture segment dominated the market and accounted for majority share. Growing adoption of centralized C-RAN architecture by mobile operators in North America and Asia Pacific regions can stimulate growth of segment.

On the contrary, virtual/cloud RAN architecture is expected to grow at phenomenal CAGR of 29.6% from 2017 to 2025. Introduction of new technologies such as software defined networking and network function virtualization to carry out base band processing tasks virtually using generic server farms and general purpose processor can drive growth of market.         

Based in component, the market can be categorized into solution, infrastructure, and services. Infrastructure segment is likely to dominate the market and can grow at CAGR of 24.9% during the forecast period. Increasing investments by mobile operators for deployment of C-RAN architecture can stimulate growth of segment. The segment can be classified further into baseband units, remote radio units, and fronthaul. Baseband units are likely to contribute for maximum market share under infrastructure segment during the forecast period.

View More Reports Of This Category By Grand View Research At: 
https://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software

Global C-RAN market, by infrastructure 2016 (%)

On the contrary, solution segment is anticipated to hold second largest market share followed by infrastructure segment. Rising demand for NFV solution for RAN visualization to optimize smaller and larger carrier function can augment market growth. In addition, high demand for design & development, consulting, and maintenance services attributed to deployment of C-RAN architecture by mobile operators can fuel market growth during the forecast period.

Based on network, the market can be divided into LTE & 5G and 3G. In 2016, LTE and 5G segment dominated the market and accounted for market share equivalent to USD 4.30 billion. C-RAN is likely to emerge as essential network architecture for 5G connectivity attributed to its elastic and scalable network architecture that can offer required capabilities to incorporate 5G network.   

Based on deployment, the market can be split into indoor and outdoor. In 2016, outdoor segment dominated the market and accounted for market share equivalent to USD 4.02 billion. Deployment of C-RAN architecture by mobile operator to deliver better coverage in high-density areas such as urban market, stadiums, and others can influence market growth.

Similarly, indoor segment is likely to gain traction during the forecast period attributed to deployment of small cells by network operators. Indoor miniature base stations C-RAN to deliver advanced services to mobile users in high-value and high-density environments such as public-use offices and homes can foster market growth.  

Regional segmentation includes Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. In 2016, Asia Pacific region dominated the market and accounted for market share equivalent to USD 1.61 billion. Strict government initiatives in countries such as South Korea, Japan, and China to rollout 5G network is expected to fuel growth of market during the forecast period.

Similarly, North American region is likely to be second largest market of C-RAN. Telecom companies in United States (U.S.) are expected to take trails for deployment of C-RAN.  

Some of the leading companies offering cloud radio access network are Ericsson AB, Nokia Corporation, Intel Corporation, Fujitsu Limited and ZTE Corporation.

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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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