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C-RAN (Cloud Radio Access Network) Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
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Moreover, increasing investment in the advancement of 5G technology further projected to propel the demand of C-RAN solutions In August 2018, Nokia Corp. received an investment of $584 million from the European Investment Bank (EIB) for R&D of 5G technology. The company has further collaborated with Sprint in September 2018 and has developed 5G new radio (NR) connection through MIMO technology across 2.5 GHz spectrum. Moreover, Samsung is planning to invest $22 billion in the development of AI and 5G technology by 2021. The company has further collaborated with Verizon, a US-based mobile network provider, for the installation of a 5G network in some cities in the US.Samsung is offering various end-to-end 5G equipment to Verizon, to support the 5G network installation in Houston and Sacramento. The company will further fulfill the increasing demand for 5G in the near future.
The other Key companies in the telecommunications industry that have made heavy investments into the R&D of 5G technology include Samsung Electronics, NTT DoCoMo, Huawei, Alcatel Lucent, Fujitsu, NEC, Ericsson, Nokia, Google, and Verizon. Qualcomm announced the development of most effective modems in March 2018, and the company is further developing 5G antennas for the smartphones. Moreover, Qorvo Inc. is making 5G deployment a reality by supporting the growth of mobile data with a wide range of RF connectivity solutions.
Increasing inclination towards virtualized technology in the C-RAN market
The global C-RAN market is experiencing the growing application of virtualized technology ta further contribute to the growth of the market. Additionally, the virtualization technology can be applied even more extensively to next-generation 5G wireless networks. The virtualization technology using next-generation C-RAN architecture offers scalable processing volumes using virtualized platforms.The rapid increase of mobile data growth and the use of smartphones is creating unprecedented challenges for wireless service providers to overcome a global bandwidth shortage that further raises the demand for virtualized technology for wireless communications. The introduction of high-speed internet technology further propels the demand for virtualized technology that further contributes to the growth of the C-RAN market.
Global C-RAN Market Segmentation
By Network Type
• 3G
• 4G
• 5G
By Technology
• Virtualization Technology
• Centralized Technology
A full report of C-RAN (Cloud Radio Access Network) Market available @ https://www.omrglobal.com/industry-reports/c-ran-market
C-RAN (Cloud Radio Access Network) Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Asocs Ltd.
• Altiostar RANs, Inc.
• Cisco Systems, Inc.
• Ericsson AB
• Fujitsu Ltd.
• Huawei Technologies Co., Ltd.
• Intel Corp.
• Infinera Corp.
• Mavenir Systems, Inc.
• NetScout Systems, Inc.
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Company Name: Orion Market Research
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