Cloud Radio Access Network (C-RAN) Market
Market Synopsis:
Cloud Radio Access Network (C-RAN) is also referred to as Centralized Radio Access Network. C-RAN was first introduced in China, and is a wireless communication technology. It is centralized, cloud computing-based architecture for radio access networks that supports 2G, 3G, 4G and future wireless communication standards. The main principle of C-RAN is to split the base stations into radio and baseband components and pool the Baseband Units (BBUs) from more than one base stations right into a centralized and virtualized BBU Pool. It is a mobile architecture that has capability to handle more base stations as the network needs by using the concept of virtualization. It is estimated that the fifth generation mobile networks will adopt C-RAN architecture within 2020.
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Market Growth Factors:
C-RAN market is growing tremendously due to the increasing growth of mobile data trafficking. Another driving factor for the growth of market is 4G and 5G accessibility, the reduction of Capital Expenditure (CAPEX), and Operational Expenditure (OPEX). However, in coming years it has been found that, cloud radio access network is to grow at the fastest rate with increasing investment from entire telecom and cloud ecosystem. Government and security standards are some of the restraining factors for the growth of market. There are different kinds of opportunities which is booming this market like increasing adoption of cloud technology and there are various innovative services offered from telecom operators. The market also face the various challenges like low latencies is required between the RRH and BBU pool, or referred to as the front-haul.
Advantages of the Market:
There are various benefits of C-RAN like reuse infrastructure, simplify network operations and management, support multiple technologies, reduce energy consumption, lower capital expenditures and lower operating expenditures. As network becomes more heterogeneous and self organizing, However as soon as C-RAN is applied will provide other advantages like easier and quicker network deployments and accelerated network flexibility.
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Market Segmentation:
Cloud Radio Access Network (C-RAN) Market is segmented into different types like technology, component, deployment venue, and region. The technology is further classified as centralization technology and virtualization technology. By component the market is split into solutions, services, consulting, planning & implementation,
maintenance & support, and training. The market is deployed into large public venues, targeted outdoor urban areas, high-density urban areas, and suburban & rural areas. It has used in various industries like defense & military, retail, healthcare, government, manufacturing and others.
Regional Analysis:
The market is split into different regions like North America, Europe, APAC, MEA, and Latin America. North America has the most competitive and unexpectedly changing C-RAN market in the world. Among all the regions North America has shown the maximum adoption of C-RAN solutions. Henceforth, it is predicted to have the largest market share.
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Competitive Analysis:
The major key players of the C-RAN market are Nokia Corporation, Cisco Systems, Inc. , Samsung Electronics Co. Ltd. , ZTE Corporation , Altiostar , Ericsson AB , Huawei Technologies Co. Ltd., NEC Corporation, Fujitsu, Intel Corporation, Mavenir, and ASOCS Ltd. These players have various development factors like acquisition, merger, product launch and others. However, new vendors can enter into this market in coming years.
Latest news:
China Telecom is building a 5G-oriented cloud radio access network (C-RAN) fronthaul network in the north-east Liaoning province, using Huawei’s Blade optical transport network (OTN) solution.
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