Information Communication and Technology Reports C-RAN Industry

Cloud Radio Access Network (C-RAN) Market size was valued at USD 630.8 million in 2016, and it is projected to reach USD 1,132.3 million by 2022, at CAGR of 10.7% According to a new market research report” Cloud Radio Access Network (C-RAN) Market by Technology (Centralization and Virtualization), Component (Solutions and Services), Deployment Venue, and Region (North America, Europe, APAC, MEA, and Latin America) - Global Forecast to 2022", published by MarketsandMarkets™, The global C-RAN market size is expected to grow from USD 681.6 Million in 2017 to USD 1,132.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 10.7%. Rapid Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) reduction and 4G and 5G accessibility are the major factors driving the growth of the C-RAN market. Browse and in-depth TOC on “Cloud Radio Access Network (C-RAN) Market” 68 - Tables 40 - Figures 131 - Pages Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1001 Major Key Companies: The C-RAN market report includes the competitive landscape, which presents the positioning of the 25 key C-RAN vendors, based on their product offerings and business strategies. Some of the major C-RAN vendors are Nokia Corporation (Finland), Cisco Systems, Inc. (US), Samsung Electronics Co. Ltd. (South Korea), ZTE Corporation (China), Altiostar (US), Ericsson AB (Sweden), Huawei Technologies Co. Ltd. (China), NEC Corporation (Japan), Fujitsu (Japan), Intel Corporation (US), Mavenir (US), and ASOCS Ltd. (Israel). The Cloud RAN technology is gaining prominence, due to growing technological advancement in wireless and optical communication systems. It uses a low-cost transmission module for the transmission of data between the Base Band Unit (BBU) and Remote Radio Head (RRH). Furthermore, the data center networking technology enables latent free, low cost, and highly scalable networking modules in the BBU pool. The real-time virtualization technology through cloud computing allows dynamic resource allocation to support multi-vendor environments. In the services segment, service providers play a crucial role in transforming new-age enterprises, which are constantly challenged by disruptive forces and innovations in the market. The services segment in the Cloud RAN market is expected to witness improved growth rate in the coming years, due to increased adoption of growing technologies. Deployment of Cloud RAN market has witnessed comparatively different trends across both the technologies. For instance, large public venues mainly opt for virtualization technology, owing to its scalability, whereas targeted outdoor urban areas primarily deploy centralized RAN architecture to efficiently utilize the existing infrastructure, thereby reducing the CAPEX to a great extent.