The Virtualized Radio Access Network ( vRAN ) Ecosystem 2017 – 2030 Market Research Report
The Virtualized Radio Access Network ( vRAN ) Ecosystem 2017 – 2030 Market Research Report
vRAN ( Virtualized Radio Access Network ) refers to a RAN ( Radio Access Network ) implementation where some or all baseband functions are separated from the remote radio unit and run as VNFs ( Virtualized Network Functions ) on commodity hardware . This approach results in multiple operational benefits including but not limited to TCO ( Total Cost of Ownership ) reduction , performance gains and scalability . In addition , vRAN enables mobile operators to future-proof their networks for 5G upgrades .
The vRAN market is presently at a nascent stage with most investments focused on virtualized small cells for targeted greenfield deployments and pilot engagements for macrocell coverage . However , as mobile operators realize the benefits of RAN virtualization , the market is expected to grow at a CAGR of approximately 125 % over the next three year period . By the end of 2020 , The Research estimates that vRAN deployments will account for a market worth $ 2.6 Billion .
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