Cloud RAN Market – Industry Perspective, Demand and Key Vendors by 2024

Cloud RAN Market

Global Cloud RAN Market (Radio Access Network): Overview

The cloud RAN is also known as centralized RAN; the mobile network infrastructure that supports 2G, 3G, and 4G system and the benchmarks of the wireless communication use an advanced cellular network architecture which is nothing but cloud RAN. The cloud RAN is far better than the traditional cellular network system as it avoids the usage of radio frequency equipment, the baseband unit, antenna, and digital processor. The cloud RAN helps the cellular network operators in delivering effective and qualitative mobile communication services in a cost effective way and also enhances the mobile communications.

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Global Cloud RAN Market (Radio Access Network): Segmentation

The global cloud RAN market is segmented into its component, services, and geography. On the basis of the component, the global market is segregated into baseband units, optical transport network, processors, remote radio units, servers, and measurement device. Based on the services, the market is categorized into system integration services, network services, and custom services. The global cloud RAN market is regionally diversified into Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Global Cloud RAN Market (Radio Access Network): Growth Factors

High quality mobile communication is provided along with spectrum efficiency with the help of cloud RAN. Additional benefits such as energy saving and adapting the fluctuating traffic are provided by the cloud RAN systems. To meet the increasing data traffic issue cloud RAN is an innovative and efficient architecture that is developed. The increasing technological advancements that are made in the telecommunication sector is driving the cloud RAN market. The increase in the number of smart phones and tablets along with the increasing broadband access is boosting the cloud RAN market. The factor that is going to increase the demand for the cloud RAN market is the rising data traffic. There is a need for the communication solutions to be economical so that the operational expenditures are minimized, this factor will further fuel the cloud RAN market growth. The factors that are expected to hamper the market growth in a negative way are the initial investments that are required is high and the availability of fiber will challenge the market growth.

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Global Cloud RAN Market (Radio Access Network): Regional Analysis

The region that dominates the cloud RAN market is Asia Pacific region. The emerging economies such as Japan and South Korea are contributing a major share in the global cloud RAN market. This is owing to the factor that high investments are made in this region to develop the cloud RAN technology. The mobile operators such as Orange, Sprint, China Mobile, and Verizon are making efforts in developing the cloud RAN technology.

Global Cloud RAN Market (Radio Access Network): Competitive Players

The major market players in the cloud RAN market include Actix Ltd., JDSU, MTI Radiocomp, Mindspeed Technologies, Inc., VitesseSemiconductor, VPI Systems, TEOCO, Ceragon Networks Ltd., Aricent Technologies, 6WIND, Altera Corp., Intel Corporation, Telco Systems, and others.

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