Cloud Radio Access Network Market - Real-Time Virtualization Technology

The global Cloud Radio Access Network (C-RAN) Market is expected to witness substantial growth over the forecast period owing to the adoption of Centralized-RAN architecture by the telecom operators. This will help to overcome the coverage and capacity problem. Also, the network ecosystem is on the verge of transforming owing to increasing demand of 5G technologies and C-RAN (IoT) generating data requirement for new services and application.

The evolution of 5G technology is anticipated to create challenges for current networks framework with the operational and technologically advance models owing to exponential growth of C-RAN Market In addition, reduced charges for Operational Expenditure (OPEX) and Capital Expenditure (CAPEX) along with appropriate 4G & 5G accessibilities are considered to be the major drivers for the industry.

Growing demand of smartphones, benefits offered by C-RAN, lower total-cost-of-ownership (TCO), enhanced spectral efficiency and continuous replacement of conventional RAN architecture with Cloud RAN are few other factors positively influencing the Market.

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However, the interface between Baseband Unit (BBU) and Remote Radio Unit (RRU) may hinder the industry growth over the forecast period. Fully centralized technique is majorly been accepted for C-RAN, which requires massive communication overhead on front haul link along with high cost optical fiber creates major hindrance for the Market growth.

Telecom and network operators, government council, research organizations, infrastructure architects, investors & venture capitalists are few major clients of C-RAN Market. The Market has been segmented by technological aspects such as centralization and virtualization.

Under component segment, C-RAN Market has been segregated into infrastructure, services and solution. Based on application, the Market is categorized into large public venues, suburban & rural areas, targeted outdoor urban areas, and high-density urban areas. Among these, targeted outdoor urban area segment is anticipated to grow promptly owing to the benefits including enhancement of existing infrastructure, cost reduction, and performance efficiency.

Asia Pacific region is expected to acquire the major share of the Market owing to the stringent rules and initiatives taken by the network operators and government in various countries such as South Korea, Japan, and China.

These regions are expected to rollout 5G deployment generating enormous demand for C-RAN deployment over the forecast period. China has emerged as the most productive country owing to its accumulative demand for mobile communication services at very reasonable costs.

The North America region has been following consumer for C-RAN Market. The telecom and network companies are aggressively conducting the trial for C-RAN deployment. Various installments of cells have been done to lay down the foundation to cumulate the network for upcoming 5G deployment. Also, various C-RAN services and solutions providers from Europe are proposing advanced cloud radio access networking solutions.

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The key industry players include ZTE Corporation, Nokia Corporation, Fujitsu Ltd, and Huawei Technologies Co., Ltd.,. The adoption of Network Function Virtualization (NFV) is expected to provide enormous opportunity to the semiconductor vendors in the C-RAN Market. Cisco Systems Inc., Ericsson AB, Agilent Technologies, Inc., Ceragon Networks Ltd, Actix International Limited, Intel Corporation, Hitachi Data Systems Ltd., Telco Systems, Aricent Inc. are few other players in the industry.

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