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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