Cloud Radio Access Network Market ? Remote Radio Units In-demand Component Segme

Posted by RASHMI on March 19th, 2019

C-RAN (Cloud RAN or Centralized RAN) is the centralized baseband processing of many cells. C-RAN offer improved performance with their ability to coordinate between cells and are cost efficient too as a result of pooling resources. Lower total-cost-of-ownership (TCO), enhanced spectral efficiency, operational expenditure (OPEX), and convenient 4G and 5G accessibility has increased the penetration of C-RAN and the market for the same is flourishing.

According to the analysts of this business intelligence report, the demand in the global cloud radio access network market will expand at a formidable CAGR of 10.9% during the forecast period of 2017 to 2025. Swelling up from its evaluated worth of US4.8 mn in 2017, the opportunities in the global cloud radio access network market is estimated to translate into a revenue of US,870.8 mn by 2025.

In 2016, North America provided for the highest market share in terms of demand in the global cloud radio access network (C-RAN) market, closely followed by Asia Pacific. Telecom operators in North America are primarily focusing on offering various advanced technology solutions to the consumers.

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The U.S. continues to provide for the most prominent chunk of demand from North America, which is a reflection of rapid advancements in networking technology in order to enhance the infrastructure. In the country, the service segment is expected to grow at the strongest CAGR during the forecast period. Multiple C-RAN solutions and services providers from Europe are offering advanced cloud radio access networking solutions.

The Europe C-RAN market is expected to grow at CAGR of 9.8% during the forecast period. According to the estimates, the U.K. contributed for the highest share of demand from Europe in 2016 owing to the rapid adoption of 5G technology and growth in the investment in telecom industry.