Adroit Market Research - Industry Insights
Virtualized RAN Market by Communication Infrastructure (Small Cell, Macro Cell), Connectivity (2G, 3G, 4G/ LTE, 5G), Component (Radio Unit, Distributed Unit, Central Unit, Others), Application (Telecommunication, Government & Defense, Commercial, Others), and by Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America), Global Forecast 2018 to 2028
Dec 2020
Total Pages: 131
Choose License Type
The market size for global virtualized RAN (V-RAN) is anticipated to reach USD 7 billion by 2028. The factors such as the advent of 4G and 5G accessibility, along with a rapid Operational Expenditure (OPEX) and Capital Expenditure (CAPEX) reduction offered by V-RAN, are responsible for the industry growth. The virtualized technology is gaining importance, owing to increasing technological development in optical and wireless communication systems. Additionally, the data center networking technology facilitates low-cost, latent free, and extremely scalable networking modules in the BBU pool.
Software architectures are probing in almost all industries, be it government, telecommunication, or defense sectors. Though, important challenges such as timing and processing requirements are very vital for the adoption of vRAN. Processing and timing requirements are the determining factors for RAN coverage and capacity. Thus, the advantages of virtualized RAN such as the implementation of the distinct uniform hardware platform through the core network, possibly offsets the drawbacks of vRAN. Singular hardware platforms streamline the management of the complete network whilst reducing maintenance and operational costs.
Key Segments of the Global Virtualized RAN Market
Communication Infrastructure Overview, 2018-2028 (USD Million)
- Small Cell
- Macro Cell
Connectivity Overview, 2018-2028 (USD Million)
- 2G
- 3G
- 4G/LTE
- 5G
Component Overview, 2018-2028 (USD Million)
- Central Unit
- Distributed Unit
- Radio Unit
- Others
End-User Overview, 2018-2028 (USD Million)
- Commercial
- Government & Defense
- Telecommunication
- Others
Regional Overview, 2018-2028 (USD Million)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global virtualized RAN market. Benchmark yourself against the rest of the market.
- Ensure you remain competitive as innovations by existing key players to boost the market.
What does the report include?
- The study on the global virtualized RAN market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the virtualized RAN industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on connectivity, communication infrastructure, component, and end-user. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global virtualized RAN market. The report will benefit:
- Every stakeholder involved in the virtualized RAN market.
- Managers within the Tech companies looking to publish recent and forecasted statistics about the global virtualized RAN market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global virtualized RAN market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
The demand for virtualized RAN market globally to witness considerable growth in the coming five years. The vRAN industry is currently at a nascent phase with most investments engrossed in virtualized small cells for pilot engagements and targeted greenfield deployments for macrocell coverage. RAN Virtualization leverages NFV/SDN to virtualize a share of the RAN against COTS (Commercial Off The Shelf) or standard IT hardware in the cloud or a central location, and has the prospective to offer advantages that include less energy consumption and smaller footprint resulting from dynamic traffic steering and load-balancing.
V-RAN is gaining increasing acceptance among mobile network operators (MNOs) and those vendors who can construct on C-RAN architectures and advance to virtualized RAN will benefit. Segments of the industry which have been adopting C-RAN architectures for some time are now among the foremost to virtualize the RAN. With an increasing demand for mobile data accompanied by augmented video streaming services, the adoption of 5G Services in the developing nations is fueling the adoption of virtualized RAN to enable high-speed data connectivity.
Communication Infrastructure Segment
The global virtualized RAN market by communication infrastructure contains both small cells, macro cell segments. The small cell segment has a considerable revenue share within the global virtualized RAN market in 2019. Small cells have the advantage of lower latency and higher speeds than macro cells and are more capable of facilitating future 5G networks. Small cells function better through controlled distances, such as the train line or neighborhoods. As they are less intrusive, small cells can be easily implemented in more populated areas and have the potential for smart cities, 5G, high-speed transport connectivity, IoT, and more owing to their low latency.
Connectivity Segment
Based on the connectivity segment, the market is bifurcated into two sub-segments that are 2G, 3G, 4G/LTE, and 5G. In 2019, the 5G segment to grow at a significant rate throughout the forecast period. The factors including lower latencies, faster networking data rates, and higher bandwidth are major requirements across industry verticals to develop business operations. 5G networking is likely to facilitate these requirements. The investment in the 5G network infrastructure is anticipated to have a positive impact on the V-RAN market by increasing product innovation and R&D activities.
Component Segment
Based on the component segment, the market is bifurcated into the central unit, distributed unit, radio unit, and others. In 2019, the central unit segment holds significant market revenue and it is anticipated to dominate the market throughout the forecast period. However, the radio unit segment is anticipated to grow at a substantial growth rate over the forecast period.
End-User Segment
Based on the end-user, the industry is classified into government & defense, telecommunication, commercial, and others. The market for the telecommunications sector is anticipated to possess the largest market share in 2019 since the telecom companies today are predominantly developing to match their user needs. Many communications service providers are selecting to extend the advantages of network virtualization within the RAN for enhanced agility as they roll out new 5G services.
The global virtualized RAN market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in virtualized RAN applications, owing to an outsized presence of organizations with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the virtualized RAN market in North America. However, the Asia Pacific region is anticipated to grow at a staggering CAGR over the forecast period.
The major players of the global virtualized RAN market are Cisco Systems, Inc., Ericsson Inc., Fujitsu Limited, Huawei Technologies co. Ltd, Juniper Networks Inc. Microchip Technology Inc., NEC Corporation, Qualcomm Technologies, Inc., Red Hat, Inc, Nokia Corporation, Verizon Communications, Samsung Electronics Co., Ltd., ZTE Corporation, and more. The virtualized RAN market is fragmented with the existence of well-known global and domestic players across the globe.
The market size for global virtualized RAN (V-RAN) is anticipated to reach USD 7 billion by 2028. The factors such as the advent of 4G and 5G accessibility, along with a rapid Operational Expenditure (OPEX) and Capital Expenditure (CAPEX) reduction offered by V-RAN, are responsible for the industry growth. The virtualized technology is gaining importance, owing to increasing technological development in optical and wireless communication systems. Additionally, the data center networking technology facilitates low-cost, latent free, and extremely scalable networking modules in the BBU pool.
Software architectures are probing in almost all industries, be it government, telecommunication, or defense sectors. Though, important challenges such as timing and processing requirements are very vital for the adoption of vRAN. Processing and timing requirements are the determining factors for RAN coverage and capacity. Thus, the advantages of virtualized RAN such as the implementation of the distinct uniform hardware platform through the core network, possibly offsets the drawbacks of vRAN. Singular hardware platforms streamline the management of the complete network whilst reducing maintenance and operational costs.
Key Segments of the Global Virtualized RAN Market
Communication Infrastructure Overview, 2018-2028 (USD Million)
- Small Cell
- Macro Cell
Connectivity Overview, 2018-2028 (USD Million)
- 2G
- 3G
- 4G/LTE
- 5G
Component Overview, 2018-2028 (USD Million)
- Central Unit
- Distributed Unit
- Radio Unit
- Others
End-User Overview, 2018-2028 (USD Million)
- Commercial
- Government & Defense
- Telecommunication
- Others
Regional Overview, 2018-2028 (USD Million)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global virtualized RAN market. Benchmark yourself against the rest of the market.
- Ensure you remain competitive as innovations by existing key players to boost the market.
What does the report include?
- The study on the global virtualized RAN market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the virtualized RAN industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on connectivity, communication infrastructure, component, and end-user. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global virtualized RAN market. The report will benefit:
- Every stakeholder involved in the virtualized RAN market.
- Managers within the Tech companies looking to publish recent and forecasted statistics about the global virtualized RAN market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global virtualized RAN market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Chapter 1 Introduction
1.1 Introduction to the Study
1.2 Market Definition and Scope
1.3 Units, Currency, Conversions and Years Considered
1.4 Key Stakeholders
1.5 Key Questions Answered
Chapter 2 Research Methodology
2.1 Introduction
2.2 Data Capture Sources
2.2.1 Primary Sources
2.2.2 Secondary Sources
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Data Triangulation
2.6 Assumptions and Limitations
Chapter 3 Executive Summary
Chapter 4 Market Outlook
4.1 Introduction
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Rising investments in 5G infrastructure
4.3.1.2 Focus on minimization of OPEX and CAPEX by service providers
4.3.2 Restraints
4.3.2.1 Poor backhaul connectivity of mobile networks
4.3.3 Opportunities
4.5 PEST Analysis
Chapter 5 Virtualized RAN Market by Communication Infrastructure
5.1 Introduction
5.1.1 Small Cell
5.1.2 Macro Cell
Chapter 6 Virtualized RAN Market by Connectivity
6.1 Introduction
6.1.1 2G
6.1.2 3G
6.1.3 4G/LTE
6.1.4 5G
Chapter 7 Virtualized RAN Market by Component
7.1 Introduction
7.1.1 Radio Unit
7.1.2 Distributed Unit
7.1.3 Central Unit
7.1.4 Others
Chapter 8 Virtualized RAN Market by End-User
8.1 Introduction
8.1.1 Telecommunication
8.1.2 Government & Defense
8.1.3 Commercial
8.1.4 Others
Chapter 9 Virtualized RAN Market By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Middle East & Africa
9.5.1 UAE
9.5.2 South Africa
9.5.3 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.2 Rest of South America
Chapter 10 Competitive Landscape
10.1 Overview
10.2 Strategic Initiatives
10.2.1 Mergers & Acquisitions
10.2.2 New Product Launch
10.2.3 Investments
10.2.4 Expansion
10.2.5 Others
Chapter 11 Company Profiles
11.1 Cisco Systems, Inc.
11.1.1 Overview
11.1.2 Products Portfolio
11.1.3 Recent Initiatives
11.1.4 Company Financials
11.1.5 SWOT
11.2 Ericsson Inc.
11.2.1 Overview
11.2.2 Products Portfolio
11.2.3 Recent Initiatives
11.2.4 Company Financials
11.2.5 SWOT
11.3 Fujitsu Limited
11.3.1 Overview
11.3.2 Products Portfolio
11.3.3 Recent Initiatives
11.3.4 Company Financials
11.3.5 SWOT
11.4 Huawei Technologies co. Ltd
11.4.1 Overview
11.4.2 Products Portfolio
11.4.3 Recent Initiatives
11.4.4 Company Financials
11.4.5 SWOT
11.5 Microchip Technology Inc.
11.5.1 Overview
11.5.2 Products Portfolio
11.5.3 Recent Initiatives
11.5.4 Company Financials
11.5.5 SWOT
11.6 NEC Corporation
11.6.1 Overview
11.6.2 Products and Portfolio
11.6.3 Recent Initiatives
11.6.4 Company Financials
11.6.5 SWOT
11.7 Qualcomm Technologies, Inc.
11.7.1 Overview
11.7.2 Products and Portfolio
11.7.3 Recent Initiatives
11.7.4 Company Financials
11.7.5 SWOT
11.9 Red Hat, Inc
11.8.1 Overview
11.8.2 Products and Portfolio
11.8.3 Recent Initiatives
11.8.4 Company Financials
11.8.5 SWOT
11.9 Verizon Communications
11.9.1 iew
11.9.2 Products and Portfolio
11.9.3 Recent Initiatives
11.9.4 Company Financials
11.9.5 SWOT
11.10 ZTE Corporation
11.10.1 Overview
11.10.2 Products and Portfolio
11.10.3 Recent Initiatives
11.10.4 Company Financials
11.10.5 SWOT
11.11 Other Companies