In this fast growing environment, companies increasing investments in cloud radio access network, and innovation. In Cloud Radio Access Network market innovation is a key driver. In this changing environment with an increase of demands like low latency, higher network capacity and others there is a need to develop and adopt to the cloud radio access network.
The Cloud Radio Access Network adds to several advantages over the traditional ways of building cellular network architectures. The study indicates a need for flexible, simplified and increasingly heterogeneous radio access network (RAN). The cloud radio access network architecture provides a combination of virtualization, centralization and coordination techniques.
The Cloud Radio Access Network Market is growing rapidly over 21% of CAGR and is expected to reach at USD 14 billion by the end of forecast period.
Major Key Players
- International Business Machines Corporation (U.S.),
- Intel (U.S.),
- Agilent Technologies (U.S.),
- Alcatel-Lucent S.A. (France),
- Huawei Technologies Co. Ltd. (China),
- Ericsson (Sweden),
- Hitachi, Ltd. (Japan),
- ZTE Corporation (China),
- Panasonic Corporation (Japan),
- NEC Corporation (Japan),
- Xilinx, Inc. (U.S.)
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The Cloud Radio Access Network has many benefits like easier and faster network deployments, increased network flexibility and others. Cloud Radio Access Network requires very low latency between remote radio head (RRH) and base band unit (BBU) which can be obtained by using fiber links. The operators that doesn’t have fiber links, it is difficult for them to adopt the cloud radio access network. High investment are required for the setup of cloud radio access network architecture which is one of the restraining factor in cloud radio access network market.
According to Market Research Future Analysis, Global Cloud Radio Access Network Market has been valued at US $ 14 Billion by the end of forecast period with 21% of CAGR during forecast period 2016 to 2022.
There is a recent news about Ericsson, CEO of the company mentions that they believe virtualization of network functions and related horizontal network architecture creates market for cloud transformation resulting in the growth of cloud radio access network market. Companies like Ericsson and Nokia have mentioned that they would use network virtualization (NFV) for early deployment of 5G.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Cloud Radio Access Network Market Research Report -Forecast to 2022”.
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Market Research Analysis:
Market Research Future Analysis shows that there are many organizations that have started or already invested in the R&D for cloud radio access network which would result in sudden hike in Cloud Radio Access Network market. It has been observed investments for developments in Cloud Radio Access Network are growing significantly. The major benefits of Cloud Radio Access Network are simplify network operations and management, support multiple technologies, and reduce energy consumption, lower capital expenditures and lower operating expenditures. These factors would definitely increase the Cloud Radio Access Network market very soon.
Regional analysis for Cloud Radio Access Network market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that Asia-Pacific region would evolve as a leader in Cloud Radio Access Network market. The study indicates large investments by Asia-Pacific countries towards deploying 5G technology is responsible for the rapid growth in Cloud Radio Access Network market by the forecast period. The study reveals that China would be leading the cloud radio access network market by the forecast period.
Cloud Radio Access Network Market Segmentation
The Cloud Radio Access Network Market has been segmented on the basis of component and service. On basis of component the cloud radio access network consists of baseband unit (BBU), optical transmission network (OTN), and remote radio head (RRH). The optical transport network consists of fiber network. The study indicates that optical transmission network segment would dominate the market in radio access network market. The cloud radio access network is segmented on basis of services as network service, system integration and customer service.
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LIST OF FIGURES
FIGURE 1 RESEARCH NETWORK SOLUTION
FIGURE 2 CLOUD RADIO ACCESS NETWORK MARKET: BY COMPONENT (%)
FIGURE 3 CLOUD RADIO ACCESS NETWORK MARKET: BY SERVICE (%)
FIGURE 4 CLOUD RADIO ACCESS NETWORK MARKET: BY REGION
FIGURE 5 NORTH AMERICA CLOUD RADIO ACCESS NETWORK MARKET, BY COMPONENT (%)
FIGURE 6 NORTH AMERICA CLOUD RADIO ACCESS NETWORK MARKET, BY SERVICE (%)
FIGURE 7 EUROPE CLOUD RADIO ACCESS NETWORK MARKET, BY COMPONENT (%)
FIGURE 8 EUROPE CLOUD RADIO ACCESS NETWORK MARKET, BY SERVICE (%)
FIGURE 9 ASIA-PACIFIC CLOUD RADIO ACCESS NETWORK MARKET, BY COMPONENT (%)
FIGURE 10 ASIA-PACIFIC CLOUD RADIO ACCESS NETWORK MARKET, BY SERVICE (%)
FIGURE 11 ROW CLOUD RADIO ACCESS NETWORK MARKET, BY COMPONENT (%)
FIGURE 12 ROW CLOUD RADIO ACCESS NETWORK MARKET, BY SERVICE (%)
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