C-RAN Market Overview With Demographic Data & Stats And Industry Growth Trends By 2022 - 2030.

The global C-RAN market size is expected to reach USD 43.35 billion by 2027, expanding at a CAGR of 22.7% over the forecast period, according to a study conducted by Grand View Research, Inc. Rapid technological advancements in optical and wireless communication systems is expected to drive the growth. Furthermore, multiple benefits such as reduced energy consumption, simplification of network management and operation, the lower total cost of ownership, enhance the efficiency of the spectrum, pooling of resources, and reuse of infrastructure have led to the cloud radio access network market witnessing an increased demand.

C-RAN Market Segmentation

Grand View Research has segmented the global C-RAN market based on architecture, component, network, deployment, and region:

Based on the Architecture TypeInsights, the market is segmented into Centralized-RANand Virtualized/Cloud RAN.

  • Virtualized/Cloud RAN segment is projected to exhibit a rapid CAGR over the forecast period, attributed to rise in the adoption of SDN and NFV technology by the wireless telecom industry.
  • Asia Pacific maintains a leading position and is anticipated to register a CAGR of 29.1% over the forecast period.

Based on the Component Insights, the market is segmented into Infrastructure, Software and Services.

  • Infrastructure accounted for the highest market share and was valued at USD 4.35 billion in 2019. The segment would attain a higher revenue share by 2027, owing to the rapid adoption of radio technology and architecture to meet the 5G requirements.
  • The software segment accounted for the second largest market share in 2019 owing to the increasing demand for NFV solution for radio access network visualization to optimize the larger and smaller carrier function which is further anticipated to drive the growth in near future.
  • However, the service segment is expected to maintain a steady position throughout the forecast period.

Based on the Network TypeInsights, the market is segmented into 3G and LTE & 5G.

  • The LTE and 5G services led the market and accounted for a revenue of USD 7.97 billion in 2019.
  • Massive growth in data traffic and rigorous impacts of power consumption by current network architecture results in extra cost burdens to network operators.

Based on the Deployment ModelInsights, the market is segmented into Indoorand Outdoor.

  • The market size for outdoor deployment stood at USD 7.12 billion in 2019 and is anticipated to rise at a considerable CAGR over the forecast period.
  • Indoor deployment is anticipated to witness high traction in near future and is anticipated to witness a swift CAGR of 29.1% from 2020 to 2027.

C-RANRegional Outlook

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • MEA

Key Companies Profile& Market Share Insights

The companies highly focus on partnerships to offer their solutions and innovations to gain traction. Acquisitions and partnerships are undertaken by the company to enlarge its geographic presence in key markets.

Some prominent players in the C-RAN market include

  • Altiostar
  • ASOCS Ltd
  • Cisco Systems, Inc.
  • Telefonaktiebolaget LM Ericsson
  • FUJITSU
  • Huawei Technologies Co., Ltd
  • NEC Corporation
  • Samsung Electronics Co Ltd.
  • Nokia Corporation
  • ZTE Corporation

Order a free sample PDF of the C-RAN Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

Medical Device Validation & Verification Market Outlook Till, 2020-2027

The global medical device validation and verification market size is expected to reach USD 1.1 billion by 2027, expanding at a CAGR of 11.1% over the forecast period, according to a new report by Grand View Research, Inc. Download Free Sample -  https://www.radiantinsights.com/research/medical-device-validation-&-verification-market/request-sample Increase in demand for advanced and quality medical products and rising complexity with respect to product designing and engineering are anticipated to boost market growth. Rapid innovations in healthcare have increased the need for companies to incorporate new technologies and software applications in their products to meet the demand for validation and verification. Increase in product complexity, availability of newer types of material, and high risk of product failures are some of the key factors increasing the need for validation and verification services. North America dominated the global medical device validation and verificat...
Read more

Athleisure Market Product Estimates & Strategy Framework To 2022 - 2030.

The global  athleisure market  size is expected to reach USD 662.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.9% from 2022 to 2030. Athleisure is a popular category because it taps into several broad trends, including a global shift toward consumers wearing more casual clothing, consumers seeking comfortable clothing, and health-conscious consumers engaging in more athletic activities and requiring performance clothing for these activities. True Fit's Fashion Genome (via Direct Commerce), which analyses data from 17,000 brands and 180 million True Fit users, confirms that athleisure orders have increased by 84 percent since the pandemic began; sales of women's athleisure bottoms in the United Kingdom alone were five times higher in December 2020 than in April 2020. In addition, order volumes for men's athleisure wear sales increased by 20% from the previous year. Target's activewear line, All ...
Read more

Light Curing Coating Global Market Size Comparison, Analysis, 2020

UV light-curing equipment is ideal for industrial bonding, coating, encapsulating, and potting, as well as sealing applications. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Light Curing Coating Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China). Download Free Sample Copy  -  https://www.radiantinsights.com/research/global-light-curing-coating-market-research-report-2020-2024/request-sample In this report, the global Light Curing Coating market is valued at USD XX million in 2020 and is projected to reach USD XX million by the end of 2024, growing at a CAGR of XX% during the period 2020 to 2024. The report first...
Read more