The Cloud Radio Access Network (C-RAN) is a cloud-based architecture for cellular networks. It's usually a radio access network that supports 2G, 3G, and 4G wireless networking standards, as well as other evolving wireless communication standards. It provides high reliability, low latency, high bandwidth, and low cost to the customer. The C-RAN technology is widely used in optical and IT communication systems, as well as wireless technology and other fields.
Adroit Market Research study on the global market for Cloud Radio Access Network (C-RAN) offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, threats and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
The evolution of 5G is expected to add to the existing infrastructure and network service model's burden. The small-cell model is used in the C-RAN architecture, which is seen as a promising solution to addressing 5G requirements. As a result, growing efforts to test 5G in countries like China, South Korea, the United States, and Japan are expected to push the cloud radio access network market forward. The market is growing due to the increasing use of centralized baseband technology to improve network capacity in traffic hotspots such as offices, stadiums, city squares, and commuting hubs with high population density per wireless network node. Furthermore, a high rate of adoption of virtual/Cloud-RAN technology for reducing mobile network operators' capital expenditures through the use of Network Function Virtualization (NFV) is expected to boost network demand. Many telecommunications firms are deploying 5G networks in order to improve their service capabilities. In the coming years, many regions are expected to quickly embrace 5G services. C-RAN investments are expected to rise as the race to become the top leader in 5G delivery heats up. High bandwidth and low latency are required with 5G. 5G is designed to meet a variety of networking needs, including high-capacity users, which can contribute to serious compatibility issues. The optimal use of spectrum and network capital to minimize Total Cost of Ownership is also a problem (TCO). In the coming years, increasing demand for 5G network technology is expected to drive up demand for C-RAN network solutions and services.
The key players of global Cloud Radio Access Network (C-RAN) market report include- Fujitsu, Nokia Corporation, Cisco Systems, Inc., Samsung Electronics Co. Ltd., ZTE Corporation, Ericsson AB, Huawei Technologies Co. Ltd., Altiostar, NEC Corporation, and Intel Corporation
Key Segments of the Global Cloud Radio Access Network (C-RAN) Market
Type Overview, 2018-2028 (USD Million)
Component Overview, 2018-2028 (USD Million)
- Design and Deployment
- Maintenance and support
Network Type Overview, 2018-2028 (USD Million)
- LTE & 5G
End User Overview, 2018-2028 (USD Million)
- Telecom Operators