Information Communication and Technology Reports Cloud Radio Access Network (C-RAN) Market

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
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The consulting services segment is expected to be the largest contributor to the global C-RAN market during the
forecast period.
Consulting services are used to provide an enhanced strategic outlook, improve performance efficiency, and
transform enterprise business operations. Consulting services help in lowering risks, reducing complexities, and
raising the Return on Investment (RoI). These services can be customized, are easily applicable, and deliver
maximum product assurance.
The targeted outdoor urban areas deployment venue is expected to show a significant growth rate during the
forecast period.
Targeted outdoor urban areas mainly comprise urban locations, which have large numbers of users. Such locations
include crowded streets, traffic signals, and areas with a large number of residential or commercial buildings. In
order to enhance the existing infrastructure (transforming from Long Term Evolution (LTE) to 5G) by reducing the
CAPEX, the deployment of the centralization technology is a major step taken by telecom operators.
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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.