Cloud radio access network (C-RAN) market was valued at USD 8.5 billion in 2019, growing at a CAGR of 20% during the forecast period.
C-RAN (Cloud-RAN), sometimes referred to as Centralized-RAN, is a proposed architecture for future cellular networks. It was first introduced by China Mobile Research Institute in April 2010 in Beijing, China, 9 years after it was disclosed in patent applications filed by U.S. companies. Simply speaking, C-RAN is a centralized, cloud computing-based architecture for radio access networks that supports 2G, 3G, 4G and future wireless communication standards. Its name comes from the four ‘C’s in the main characteristics of C-RAN system, “Clean, Centralized processing, Collaborative radio, and a real-time Cloud Radio Access Network”.
Targeted outdoor urban areas mainly comprise urban locations, which have large numbers of users. Such locations include crowded streets, traffic signals, and areas with a large number of residential or commercial buildings. In order to enhance the existing infrastructure (transforming from Long Term Evolution (LTE) to 5G) by reducing the CAPEX, the deployment of the centralization technology is a major step taken by telecom operators.
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By the type, the market is primarily split into
- Centralization
- Virtualization
By the application, this report covers the following segments
- Hardware
- Services
The Cloud Radio Access Network (C-RAN) key manufacturers in this market include:
- Nokia Corporation
- Cisco Systems
- Samsung Co Ltd
- ZTE Corporation
- Altiostar
- Ericsson AB
- NEC Corporation
- Huawei Technologies.
- Fujitsu
- Intel Corporation
- Mavenir Systems
- Asocs Ltd.
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Scope of the Report
The research study analyzes the global Cloud Radio Access Network (C-RAN) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Cloud Radio Access Network (C-RAN) Market Report
1. What was the Cloud Radio Access Network (C-RAN) Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Cloud Radio Access Network (C-RAN) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Cloud Radio Access Network (C-RAN) Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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