Cloud Radio Access Network Market is expected to reach USD 14 Billion by 2022 with CAGR of 21%

Market Highlights:

In this fast growing environment, companies increasing investments in cloud radio access network, and innovation. In Cloud Radio Access Network market innovation is a key driver. In this changing environment with an increase of demands like low latency, higher network capacity and others there is a need to develop and adopt to the cloud radio access network.

The Cloud Radio Access Network adds to several advantages over the traditional ways of building cellular network architectures. The study indicates a need for flexible, simplified and increasingly heterogeneous radio access network (RAN). The cloud radio access network architecture provides a combination of virtualization, centralization and coordination techniques.

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Key Players:

The prominent players in the cloud radio access network market are- International Business Machines Corporation (U.S.), Intel (U.S.), Agilent Technologies (U.S.), Alcatel-Lucent S.A. (France), Huawei Technologies Co. Ltd. (China), Ericsson (Sweden), Hitachi, Ltd. (Japan), ZTE Corporation (China), Panasonic Corporation (Japan), NEC Corporation (Japan), Xilinx, Inc. (U.S.) among others.

Market Research Analysis:

Market Research Future Analysis shows that there are many organizations that have started or already invested in the R&D for Cloud Radio Access Network Market which would result in sudden hike in Cloud Radio Access Network market. It has been observed investments for developments in Cloud Radio Access Network are growing significantly. The major benefits of Cloud Radio Access Network are simplify network operations and management, support multiple technologies, and reduce energy consumption, lower capital expenditures and lower operating expenditures. These factors would definitely increase the Cloud Radio Access Network market very soon.

Regional analysis for Cloud Radio Access Network market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that Asia-Pacific region would evolve as a leader in Cloud Radio Access Network market.  The study indicates large investments by Asia-Pacific countries towards deploying 5G technology is responsible for the rapid growth in Cloud Radio Access Network market by the forecast period. The study reveals that China would be leading the cloud radio access network market by the forecast period.

Cloud Radio Access Network Market Segmentation:

The Cloud Radio Access Network Market has been segmented on the basis of component and service. On basis of component the cloud radio access network consists of baseband unit (BBU), optical transmission network (OTN), and remote radio head (RRH). The optical transport network consists of fiber network. The study indicates that optical transmission network segment would dominate the market in radio access network market. The cloud radio access network is segmented on basis of services as network service, system integration and customer service.

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Intended Audience:

  • MES (Manufacturing Execution System)
  • MOM (Manufacturing Operations Management) Players
  • Technology Investors
  • Hardware and software manufacturers
  • System Integrators
  • Government  Organizations
  • Research/Consultancy firms

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