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Cloud-Radio Access Network Market Poised to Hit $53.21 Billion by 2029 with Accelerating Growth Trends

07-25-2025 08:35 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Cloud-Radio Access Network

Cloud-Radio Access Network

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Cloud-Radio Access Network Market Size Growth Forecast: What to Expect by 2025?
The market size of the cloud-radio access network has experienced significant expansion in the past few years. Its growth is anticipated to continue, escalating from $18.52 billion in 2024 to $23.4 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 26.3%. Factors contributing to this growth in the previous period include an increased need for mobile data, requirements for scalability and flexibility, cost efficiency initiatives, the necessity for network optimization, and the evolution of 4G networks.

How Will the Cloud-Radio Access Network Market Size Evolve and Grow by 2029?
In the next few years, it is anticipated that there will be explosive growth in the cloud-radio access network market. The predicted market size will reach up to $53.21 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 22.8%. The growth in this period is largely due to the increased use of IoT (Internet Of Things) devices, the need for low-latency applications, the expansion of mobile broadband services, an intensified focus on network security, and a drive for network automation. Key trends within this timeframe include the engagement with multi-access edge computing (MEC), the utilization of Open RAN (Open Radio Access Network) architecture, the merging of telecommunications and cloud services, enhanced mobile broadband (eMBB) applications, and the creation of hybrid cloud strategies.

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What Drivers Are Propelling the Growth of Cloud-Radio Access Network Market Forward?
The cloud-based radio access network market is anticipated to expand due to the escalating demand for high-speed data services. High-speed data services, defined by swift, efficient digital information transmission and low latency, have grown increasingly vital due to our growing dependence on digital communication, streaming, and cloud-based applications. These services require high-speed and efficient data transmission. A cloud-based radio access network (RAN) boosts these services by centralizing processing functions, refining the network and facilitating dynamic scalability for effective and adaptable network management. For example, the Telefonaktiebolaget LM Ericsson Mobility Report in November 2023, from a Swedish network and telecommunications company, projected that 2023 will see approximately 610 million new 5G subscriptions. This represents a 63% increase from 2022 and exceeds previous forecasts by 100 million, taking the overall global total to 1.6 billion. The report further predicts continued growth, anticipating over 5.3 billion 5G subscriptions by the close of 2029. Hence, the increasing necessity for high-speed data services is propelling the evolution of the cloud-based radio access network market.

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Which Emerging Trends Are Transforming the Cloud-Radio Access Network Market in 2025?
Leading firms in the cloud radio access network market are placing increased emphasis on the development of cutting-edge solutions like innovative cloud radio access network (RAN) infrastructure. Their aim is to augment their market offering and expand product value, thereby driving revenue growth. A cloud-native, centralized cellular network arrangement, Cloud RAN is essential for modernising networks to accommodate the prospect of 5G. For example, in July 2023, Telstra, an Australian telecommunication firm, collaborated with Sweden-based Ericsson to roll out Ericsson's cloud radio access network infrastructure on Telstra's 5G commercial network in Australia. This partnership between Telstra and Ericsson underlines a dedication to forwarding 5G technology in Australia by harnessing innovative options such as cloud RAN to bolster network capacity, dependability, performance, and safety for customers. Deployed at multiple sites including the Gold Coast in Queensland, cloud RAN technology has seen successful adaptation to two carrier frequencies: 2600MHz and 3600MHz within this implementation.

What Are the Key Segments in the Cloud-Radio Access Network Market?
The cloud-radio access network market covered in this report is segmented -

1) By Types: Centralized-RAN (Radio Access Network), Virtualized Or Cloud RAN (Radio Access Network)
2) By Components: Solution, Services
3)By Network Types: 2G Or 3G, 4G LTE (Long Term Evolution), 5G
4) By Deployment: Indoor Deployment, Outdoor Deployment
5) By End User: Telecom Operators, Enterprises

Subsegments:
1) By Centralized-RAN (C-RAN): Baseband Unit (BBU) Pooling, Fronthaul
2) By Virtualized Or Cloud RAN (vRAN): Cloud-Based Baseband Unit (BBU), Software-Defined Radio (SDR), Virtualized Network Functions (VNFs)

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Who Are the Key Players Shaping the Cloud-Radio Access Network Market's Competitive Landscape?
Major companies operating in the cloud-radio access network market are Samsung Electronics Co. Ltd., Microsoft Corporation, Reliance Industries, Dell Technologies Inc., Huawei Technologies Co. Ltd., Intel Corporation, Panasonic Corporation, International Business Machines Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Hewlett Packard Enterprise Development LP, Fujitsu Limited, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, Advanced Micro Devices Inc., Texas Instruments, ZTE Corporation, Amphenol, CommScope Holding Company Inc., Ciena Corporation, Infinera Corporation, VIAVI Solutions, Sterlite Technologies Limited, Anritsu, Ceragon Networks Ltd., Casa Systems

What Geographic Markets Are Powering Growth in the Cloud-Radio Access Network Market?
Asia-Pacific was the largest region in the cloud-radio access network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud-radio access network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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