Global Cloud Radio Access Network (C-RAN) Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Cloud Radio Access Network (C-RAN) Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Cloud Radio Access Network (C-RAN) Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Cloud Radio Access Network (C-RAN) Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Cloud Radio Access Network (C-RAN) is a centralized, cloud computing-based planning for radio access networks that supports 2G, 3G, 4G and future wireless communication standards. It is a mobile architecture that has capability to handle more base stations as the network needs by using the concept of virtualization.
Due to the increasing investment from entire telecom and cloud ecosystem the market is growing tremendously. The other growing elements includes 4G and 5G accessibility, the minimization of Capital Expenditure (CAPEX), and Operational Expenditure (OPEX). However, The important factors which helps to boost the market are energy efficiency and power cost reduction.
Increasing adoption of cloud technology is one of the opportunity for the growth of the market. Government and security requirements are the restraining factors which may hamper the growth of the market. The market has number of challenges which includes low latencies is required between the RRh and BBU pool, or referred to as the front-haul.
Key Question Answered:
•What will be the market size in 2025 and at what rate it will grow?
•Who are the major key players in global Cloud Radio Access Network (C-RAN) market and what are their strategies?
•Which vertical industry is expected to show major growth?
•What segment and region will lead the market and why?
The major companies profiled in the report include: Nokia Corporation, Cisco Systems, Inc., Samsung Electronics Co. Ltd. , ZTE Corporation, Altiostar, Ericsson AB, Huawei Technologies Co. Ltd., NEC Corporation, Fujitsu, Intel Corporation.
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