Radio Access Network Market Size, Status, Global Outlook and Forecast 2020-2027 | Ericsson, ZTE Corporation, Fujitsu, Qualcomm Incorporated
Radio Access Network (RAN) is used in computers, mobile phones, or any other wireless devices for transmitting signals, sounds, messages, signs, and information with the help of radio access technology. RAN helps in providing a connection with its core networks.
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Factors such as surge in demand for mobile broadband services, increase in network densification, and rising mobile data traffic are the major key drivers for the radio access network market growth. However, concerns related to fiber backhaul and privacy & security concerns act as a major restraint, which can hinder the market growth. Furthermore, increase in investments in smart cities provide lucrative growth opportunities to radio access network market.
The leading market players analyzed in the global radio access network market report include Samsung Electronics Co., Ltd., NEC Corporation, Cisco Systems, Inc., Ericsson, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Huawei Technologies, Intel Corporation, Nokia Corporation. These market players have adopted different strategies including partnership, expansion, collaboration, joint ventures, and others to reinforce their stand in the industry.
Detailed Analysis of Segmentation
By Communication Infrastructure
• Small Cell
• Macro Cell
• RAN Equipment
By End User
• The outbreak of the pandemic has increased the demand for online banking services, as shutdown of physical branches has led to shift of consumers toward online platforms.
• Also, the growing drift of social distancing has reinforced the incorporation of electronic payment system among consumers.
Based on product, the small cell segment accounted for nearly two-thirds of the total market share in 2018, and is expected to rule the roost by the end of 2026. The same segment is expected to portray the fastest CAGR of 13.4% during the study period. The segments of macro cell, RAN equipment, and DAS are also analyzed in the market report.
Based on technology, the enterprise segment contributed to nearly three-fifths of the total market revenue in 2018, and is anticipated to lead the trail by 2026. The residential segment, on the other hand, is projected to manifest the fastest CAGR of 12.9% till 2026.
Based on geography, the region across Asia-Pacific garnered the highest share in 2018, generating more than two-fifths of the global market. At the same time, LAMEA would register the fastest CAGR of 14.5% throughout the forecast period. The other provinces discussed in the report include Europe and North America.
• This study comprises analytic depiction of the global radio access network market trends and future estimations to depict the imminent investment pockets.
• The overall radio access network market analysis is determined to understand the profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The radio access network market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the radio access network industry.
• The report includes the radio access network market share of key vendors and market trends.
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