Press release
Virtualized Radio Access Network (vRAN) Market 2019-2024 Emerging Trends and Demand : Alcatel-Lucent (Nokia), NEC, Altiostar, Wind River, Amdocs, Dell EMC, ASOCS, Dali Wireless
This report studies the Virtualized Radio Access Network (vRAN) market. Virtualized radio access network (vRAN) technology could be key to creating flexible, adaptable networks that help operators prepare for an unpredictable future. The rapid growth in mobile traffic volume and its increasingly dynamic nature, plus the many new types of user devices and applications, make it hard to predict demand. But vRAN can protect investments - and improve service -- all the way to 5G.United States has the largest global export quantity and manufacturers in Virtualized Radio Access Network (vRAN) market, while the Europe is the second sales volume market for Virtualized Radio Access Network (vRAN) in 2017.
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In the industry, Alcatel-Lucent (Nokia) profits most In 2017 and recent years, while NEC and Altiostar ranked 2 and 3.The market share of them is 26.09%, 15.61% and 11.83% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are three mainly types of Virtualized Radio Access Network (vRAN), including Software, Platform and Servers. And Software is the main type for Virtualized Radio Access Network (vRAN), and the Software reached a sales volume of approximately 76.45 M USD in 2017, with 37.94% of global sales volume.
The global Virtualized Radio Access Network (vRAN) market is valued at 200 million USD in 2018 and is expected to reach 28500 million USD by the end of 2024, growing at a CAGR of 128.2% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Virtualized Radio Access Network (vRAN).
Market Segment by Companies, this report covers
Alcatel-Lucent (Nokia)
NEC
Altiostar
Wind River
Amdocs
Dell EMC
ASOCS
Dali Wireless
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Software
Platform
Servers
Market Segment by Applications, can be divided into
Dense Area Urban
Enterprise
Public Venue Environments
Other
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