Press release
Radio Access Network Market to Reach $44.78 Billion, Globally, By 2026 at 11.3% CAGR
According to the report, the global radio access network industry accounted for $17.80 billion in 2018, and is anticipated to reach $44.78 billion by 2026, registering a CAGR of 11.3% from 2019 to 2026.
Download Free Sample Report: https://www.alliedmarketresearch.com/request-sample/5802
The Small Cell Segment Dominated the Market
Based on product, the small cell segment held the largest share in 2018, contributing to nearly two-thirds of the global radio access network market. In addition, the segment is expected to register the fastest CAGR of 13.4% during the forecast period. Deployment of small cells to increase the capacity of operator networks across an array of locations is anticipated to drive the growth of the segment.
The Residential Segment to Portray Fastest Growth By 2025
Based on technology, the residential segment is expected to register the fastest CAGR of 12.9% during the forecast period. Smart homes are the key factors driving the adoption rate of radio access network and small cell across residential applications. The ability of small cells to cover smaller areas with higher bandwidth boosts the growth of radio access network market in residential application. However, the enterprise segment dominated the global radio access network market in 2018, accounting for nearly three-fifths of the market share. This is owing to rise in digitalization and supportive government initiatives toward digitalizing entire business processes.
Asia-Pacific to Lead throughout the Forecast Period, North America to Follow
The market across Asia-Pacific held the largest share in 2018, accounting for more than two-fifths of the market. The region is expected to maintain its dominance throughout the forecast period. Rise in government initiatives for building smart cities in Asia-Pacific and upcoming long-term investments in advance technologies drive the growth of the Asia-Pacific radio access network market.
In addition, various technological advancements related to automotive, aerospace & defense, manufacturing due to government initiatives such as investment in R&D further propels the growth of the market. On the other hand, LAMEA is expected to manifest the fastest CAGR of 14.5% in between 2018 to 2025. Growth in IoT, rise in demand for advanced technologies in automotive and consumer electronics, and increase in adoption of 5G technologies drive the growth of the LAMEA radio access network market.
To Explore More, Make Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/5802
Major Market Players:
SAMSUNG ELECTRONICS CO. LTD.
Cisco Systems, Inc.
ZTE Corporation
NEC Corporation
Intel Corporation
Nokia Corporation
Qualcomm Technologies, Inc.
Ericsson
Fujitsu Limited
Huawei Technologies Co., Ltd.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Radio Access Network Market to Reach $44.78 Billion, Globally, By 2026 at 11.3% CAGR here
News-ID: 2098728 • Views: …
More Releases from Allied Market Research
Revolutionizing Healthcare: Protein Engineering Market Soars with a CAGR of 13.2 …
The global protein engineering market witnessed a remarkable rise, surging from $2.2 billion in 2022 to a projected $7.7 billion by 2032, with a robust Compound Annual Growth Rate (CAGR) of 13.2% between 2023 and 2032. This surge is attributed to the expanding applications across biopharmaceuticals, industrial sectors, and research domains. Notably, the escalation in cancer cases plays a pivotal role in propelling market growth, as protein engineering spearheads the…
Tomato Puree Market Value Projected to Expand | $7.7 Billion by 2032 With CAGR o …
The tomato puree market was valued at $5.2 billion in 2022, and is estimated to reach $7.7 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032. Tomato puree is a thick liquid or paste made by cooking and straining tomatoes to remove seeds and skins. It is a concentrated form of tomatoes that retains the rich flavor and vibrant color of the tomatoes. In the process…
Olive Oil Market to Witness Robust Expansion | $30.2 Billion by 2032
The olive oil market size was valued at $18.6 billion in 2022, and is estimated to reach $30.2 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032.
The Olive Oil Industry is driven by a rise in the number of cooking shows and food blogging. Celebrity chefs and influencers often showcase olive oil as a star ingredient in various culinary creations, emphasizing its versatility and health benefits.…
Digital Map Market Growth, Size, Future Scope and Industry Forecast 2032
The digital map industry was valued at $21.8 billion in 2022, and is estimated to reach $89.1 billion by 2032, growing at a CAGR of 15.4% from 2023 to 2032.
The service segment is expected to experience fastest growth in the coming years. The adoption of digital mapping service enhances software implementation, maximizes the value of existing installation by optimizing it, and minimizes the deployment cost & risks, and others, which…
More Releases for CAGR
Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.…
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn.
Predictive analytics is segmented into:
Risk management:…
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s…
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more…
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012…
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population.
ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and…
