The global cloud radio access network (CRAN) market is expected to grow at a formidable rate during the forecast period. The market growth can be attributed to the growing technological advancements in wireless and optical communication systems and use of low-cost transmission module for the transmission of data. Besides, rising highly scalable networking modules are expected to boost demand for cloud radio access network across the globe. Increase in the demand for 5G network technologies for enhancing service capabilities and meet the growing data traffic demands is also propelling the growth of the global cloud radio access network market in the coming years. Advancements in the telecommunication industry towards fifth-generation wireless technologies and development of small cells are fuelling the growth of the global cloud radio access network market. Rising demands for mobile networks and growing adoption of cloud technology and services offered by telecom operators are anticipated to create ample opportunities for the global cloud radio access network market.
The global cloud radio access network market is segmented on the basis of technology, component, company, and region. Based on the technology, the market is further divided into centralization and virtualization. Based on the component, the market is further fragmented into solution, services, consulting, planning & implementation, maintenance & support and training. The solution segment is expected to register the highest growth in the global cloud radio access network market. The C-RAN solution implements the Data Center Network technology to enable low-cost, high-reliability, low-latency, and high bandwidth interconnections, leading to its greater adoption by enterprises.
Some of the major players operating in the global cloud radio access network market are Nokia Corporation, Cisco Systems, Inc., Samsung Electronics Co. Ltd., ZTE Corporation, Altiostar, Ericsson AB, Huawei Technologies Co. Ltd., NEC Corporation, Fujitsu, Intel Corporation, Mavenir, and ASOCS Ltd. etc.
Objective of the Study
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Market Insights Research performed primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of cloud radio access network providers. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research was able to include providers that could not be identified due to the limitations of secondary research. Market Insights Research analysed type, business function, component, end user and regional presence of all major cloud radio access network providers across the globe.
Market Insights Research calculated the market size for the global cloud radio access network market using a bottom-up approach, where providers’ value data for different technology type of (centralization & virtualization) cloud radio access network was recorded as well as forecast for the future years was made. Market Insights Research sourced these values from industry experts and company representatives, and externally validated through
Key Target Audience
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The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as cloud radio access network providers and policy makers,
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Technology · Component |
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Italy; Spain; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Iraq |
| Key Companies Profiled | Nokia Corporation, Cisco Systems, Inc., Samsung Electronics Co. Ltd., ZTE Corporation, Altiostar, Ericsson AB, Huawei Technologies Co. Ltd., NEC Corporation, Fujitsu, Intel Corporation, Mavenir, and ASOCS Ltd. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
