Cloud Radio Access Network Market Outlook 2027 By Technology, Size, Share, Emerging Trends
According to TechSci Research, 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.
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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.
· To analyze and forecast market size of the global cloud radio access network market, in terms of value.
· To define, classify and forecast the global cloud radio access network market on the basis of technology, component and region.
· To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting global cloud radio access network market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
· To identify tailwinds and headwinds for the global cloud radio access network market.
· To examine competitive developments such as expansions, new product launches and application, and mergers & acquisitions in the global cloud radio access network market.
· To strategically profile the leading players, which are involved in the supply of cloud radio access network globally.
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of cloud radio access network providers. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include providers that could not be identified due to the limitations of secondary research. TechSci Research analysed type, business function, component, end user and regional presence of all major cloud radio access network providers across the globe.
TechSci 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. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
· Global cloud radio access network providers
· Research organizations and consulting companies
· Organizations, associations and alliances related to cloud radio access network
· Government bodies such as regulating authorities and policy makers.
· Industry associations
· Market research and consulting firms
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, which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.
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) |
Report Scope:
In this report, global cloud radio access network market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Cloud Radio Access Network Market, by Technology:
- Global Cloud Radio Access Network Market
- Centralization
- Virtualization
- Cloud Radio Access Network Market, by Component:
- Solution
- Services
- Consulting
- Planning & Implementation
- Maintenance
- Support and Training
- Cloud Radio Access Network Market, by Region:
- North America
§ United States
§ Canada
§ Mexico
§ Rest of North America
- Europe
§ United Kingdom
§ Germany
§ France
§ Italy
§ Spain
§ Rest of Europe
- Asia Pacific
§ China
§ Japan
§ South Korea
§ Australia
§ India
§ Rest of APAC
- South America
§ Brazil
§ Argentina
§ Colombia
§ Rest of South America
- MEA
§ Saudi Arabia
§ UAE
§ Iraq
§ South Africa
§ Rest of MEA
Competitive Landscape
Competition Benchmarking: Benchmarking of leading players
Company Profiles: Detailed analysis of the major companies present in the global cloud radio access network market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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