The global C-RAN market is projected to grow at a considerable CAGR during the forecast period. The C-RAN referred to a mobile network that can report a number of tasks that operators face during providing support to end-user’s requirements. The C-RAN mechanism includes Baseb and Units (BBUs) from multiple base stations into a centralized BBU pool for geometric multiplexing gain, while ever changing the load to the high-speed wireline communication of Quadrature (IQ) and In-phase data. C-RAN empowers conceivable cost savings and energy effective network operation on baseband properties. Additionally, it advances network capacity by performance cooperative processing and load balancing of signals creating from numerous base stations. The market is mainly driven due to the growing trend towards cloud-based services among the telecom sector, increasing investment in 5G technology, advanced technology offering telecom operators. 

Segmental Outlook  

The global C-RAN market is segregated on the basis of network type and technology. Based on the network type the global C-RAN market is classified into 3G, 4G, and 5G. The 4G segment is projected to hold a significant share in the global C-RAN market. On the basis of the technology, the market is further segmented into virtualized technology and centralized technology. The virtualized segment is projected to have considerable growth owing to the growing demand for virtualization services in small and medium enterprises.

Global C-RAN Market Share by Network type, 2018(%)

Global C-RAN market to be driven by 5G Network Type

The 5G network type segment projected to have considerable market growth in the global C-RAN market. 5G technology has the ability to unleash advanced economic opportunities and several benefits to society, providing it to be as a potential element in transforming the telecommunication industry. 5G will totally redefine the RF front-end interacts with the network and the modem. Key stakeholders 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. Moreover, NTT (Nippon Telegraph and Telephone) DoCoMo is operating the world’s first 5G networks, with a cumulative speed of 20 Gbps, and Samsung and Verizon later joined the company in February 2016.

Regional Outlook 

Geographically, the global C-RAN market is further classified into North America, Europe, Asia-Pacific and the Rest of the World. Asia-Pacific is projected to have significant market growth in the global C-RAN market during the forecast period. The C-RAN market in Asia-Pacific is mainly driven by the contribution of major countries such as China, India, Japan and the rest of Asia-Pacific countries. The growing adoption of cloud-based services in emerging economies such as India and China are further estimated to drive the growth of the market. In these economies, the telecom operators rapidly use cloud services to achieve business continuity in the event of failures. 

Global C-RAN Market Growth, by Region 2019-2025

North America to hold a considerables hare in the global C-RAN market

Geographically, North America is projected to have a significant share in the global C-RAN market. The US and Canada are significantly contributing to the market growth due to various factors such as high penetration of smartphones, developed ICT industry and adoption of advanced communication technologies such as 5G, rising demand of connected cars and others in these countries. Moreover, high internet penetration is one of the major factors that is augmenting market growth in North America. According to the ITU database in 2018, around 69.6 individuals using the internet per 100 inhabitants in North America. According to the Government of Canada, The Canadian ICT manufacturing sub-sector relies heavily on the export market. About 77% of ICT products manufactured in Canada were exported in 2017. Canadian exports of ICT goods declined by 1% in 2017 to $11.2 billion.

Market Players Outlook

The key players in the C-RAN market contributing significantly by providing different technology of products and increasing their geographical presence across the globe. The key players of the market include Cisco Systems, Inc., Ericsson AB, Nokia Corp., Fujitsu Ltd., ZTE Corp., Mavenir Systems, Inc., NEC Corp., Altiostar RANs, Inc., and others. These market players adopt various strategies such as product launch, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. For instance, in February 2017, Altiostar RANs, Inc. collaborated with SK Telecom to implement a virtualized radio access network and software-defined RAN solution. The solution is based on SK Telecom’s SDRAN Remote Radio Unit (RRU), which was developed in partnership with SK Telesys and Altiostar’s Open vRAN Development Platform.

The Report Covers

• Market value data analysis of 2018 and forecast to 2025.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global C-RAN market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.