Report Details

Global C-RAN Market Size, Share, Forecast Report, 2020-2027

The report provides rational insights along with historical and forecast data to aid in better understanding of the Global C-RAN Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the C-RAN market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.

The global C-RAN market size was valued at USD 8.47 billion in 2019 and is anticipated to register a 22.7% CAGR over the forecast period. C-RAN (Cloud Radio Access Network) is defined as either Virtual/Cloud-radio access network or Centralized-radio access network. Increasing network congestion due to the wide usage of smart devices and limited spectrum availability has driven the demand for efficient and enhanced network architecture such as C-RAN over the past five years.

The evolution of 5G is anticipated to augment the encumbrance on current infrastructure and network operation model. The C-RAN architecture uses the small-cell model, which is looked upon as a promising approach to address the 5G standards. Hence, the rising measures to test 5G in countries, such as China, South Korea, U.S., and Japan is expected to propel the cloud radio access network market growth.

Growing implementation of centralized baseband technology to enhance the network performance in traffic hotspots across areas such as offices, stadiums, city-squares, and commuter hubs with high population density per wireless network node is contributing to the market growth. Moreover, a significant rate of adoption of virtual/Cloud-RAN technology for reducing capital expenditures of mobile network operators by applying Network Function Virtualization (NFV) is expected to uplift the network demand.

The network ecosystem is on the verge of transformation, attributing to the growing demand for mobile data requirements and the advent of 5G technologies. In addition, exponentially increasing network traffic and limited availability of spectrum resources are challenging the existing radio network infrastructure. The C-RAN technology thus provides opportunities that can minimize the total cost of ownership and enhance performance in the network. Moreover, strong steps taken by the governments and network operators across different regions for effective 5G deployment in the upcoming years is expected to be a major driver for the deployment of C-RAN.

On the other hand, the requirement for high bandwidth in the fronthaul link is witnessed as a major challenge that is anticipated to hinder the cloud radio access network market growth over the forecast period. The fronthaul requires 10 times more bandwidth capacity as compared to the backhaul used in LTE channels. This could be achieved with a fiber optical cable; however, its deployment cost is very high that might prove as an overhead for mobile network providers. In addition, CPRI fronthaul cannot be deployed easily like backhaul due to which the capacity requirement grows with the rise in number of users

The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global C-RAN market are included as given below:

Some of the key market players are Altiostar; ASOCS Ltd; Cisco Systems, Inc.; Telefonaktiebolaget LM Ericsson; FUJITSU; Huawei Technologies Co., Ltd; NEC Corporation; Samsung Electronics Co Ltd.; Nokia Corporation; and ZTE Corporation. The companies highly focus on partnerships to offer their solutions and innovations to gain traction. Acquisitions and partnerships are undertaken by the company to enlarge its geographic presence in key markets.

For instance, in February 2019, Rakuten Inc. announced a strategic investment in Altiostar with an aim to expand the company’s vRAN solutions in 4G and 5G technology. ASOCS Ltd. announced its plan to launch a 5G single software stack on mobile edge cloud for enterprises and in-building market. In 2019, Cisco Systems, Inc. announced its plans to implement a radio access network automation strategy using the Cisco SON platform for VodafoneZiggo

The global C-RAN market has been segmented as below:

  • Architecture Type 

    • Centralized-RAN

    • Virtualized/Cloud-RAN

  • Component 

    • Infrastructure

      • Remote Radio Units

      • Baseband Units

      • Fronthaul

    • Software

    • Services

      • Consulting

      • Design and Deployment

      • Maintenance and support

      • Others

  • Network Type

    • 3G

    • LTE & 5G

  • Deployment Model

    • Indoor

    • Outdoor

  • Global C-RAN Market by Region
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World

Reasons to Purchase this Report:

Estimates C-RAN development trends with SWOT analysis

  • Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
  • Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market’s expansion
  • Market dynamics scenario, along with growth opportunities for players in the years to come
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects