Information Communication and Technology Reports C-RAN Industry | Page 2
On the basis of regions, the global Cloud RAN market has been segmented into North America, Europe, Asia Pacific
(APAC), Middle East and Africa (MEA), and Latin America. North America is expected to be the largest revenue-
generating region. This is mainly because in the developed economies of the US and Canada, there is a high focus
on innovations obtained from Research and Development (R&D). These regions have the most competitive and
rapidly changing C-RN market. The region is also expected to be the fastest-growing region in the market. North
America has a high Long Term Evolution (LTE) subscriber base. Therefore, the demand for high-quality mobile
services is high in this region, but as the availability of fiber highly impacts C-RAN deployments, operators are
expected to increase their spending on fiber in the future.
North America is expected to have the largest market share during the forecast period.
North America has the most competitive and rapidly changing C-RAN market in the world. North America, among
all the regions, has shown the maximum adoption of C-RAN solutions. Being one of the most technologically
advanced regions in the world, North America is connected with complex networks across all industries in different
verticals. The US and Canada are expected to extensively implement C-RAN solutions; North America is estimated
to have the largest market share.
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