Cloud RAN Market By Type (Centralized-RAN, Virtualized/Cloud RAN), By Component (Solutions, Services), By Network Type (3G, 4G, 5G), By Deployment (Outdoor, Indoor): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global C-RAN market is envisioned to garner $85,899.70 million by 2031, growing from $11,128.90 million in 2021 at a CAGR of 23.4% from 2022 to 2031.
Conventional radio access networks are designed for static configuration and are deployed statically. As a result, they are inefficient in dealing with any spatiotemporal changes in the underlying traffic demand. Cloud radio access network (C-RAN) is a unique centralized solution based on software and virtualization technology that may effectively handle the difficulties of older networks. Cloud-RAN enables high data speeds as well as great network and radio adaptability over software-defined wireless networks. As base stations are virtualized rather than physically placed in different places, such architecture has the potential to save costs. In addition, compared to traditional networks, it consumes less energy and power.
However, the advantages of a C-RAN come at a cost. C-RAN architectures necessitate fronthaul networks, which have substantially higher bandwidth requirements than standard backhaul networks. The current 4G networks use 1 GbE for backhaul. Backhaul link rates will need to be increased to 10 GbE for 5G. Fronthaul with multiple RF carriers or radios at a cell site will result in larger bandwidth requirements as carriers and carrier bandwidth increase, culminating in the transition from 10 GbE to 100 GbE fronthaul connections, which adds significant cost.
The 5G cellular network is being developed as a result of the upsurge in mobile traffic. It will manage the expected monthly global mobile data traffic, which was predicted to exceed 30.6 exabytes, by increasing the system rate approximately 1000 times higher than the current systems. The vast installation of distant antenna units will result in a significant increase in the power consumption demand due to the reduction of cell sizes necessary to meet this high bandwidth requirement. C-RAN techniques are being looked into as a 5G fronthauling option to decrease this effect, tenable sustainable expansion, and narrow the geographic dispersion of maintenance sites..
Additionally, future 5G-based RAU (Remote Acquisition Unit) power requirements can be drastically lowered, especially if analog radio over fiber mobile fronthaul is taken into account, where processing is done at the Central Office. This upcoming 5G technology opens up new application niches for power-over-fiber technology, where low-power simplified antenna units are required as part of future 5G-based RAUs, along with various energy-saving techniques to reduce the impact of the power consumption of the remote antenna units, including the capacity of shifting some RAUs into sleep mode, with overall energy savings estimates of more than 30%. These factors are estimated to boost the C-RAN market share.
The spread of COVID-19 has slowed the development of 5G infrastructure. The pandemic has caused factories to close their operations, which has hampered the production of equipment needed to develop 5G infrastructure. Because investments were made prior to the pandemic outbreak, 5G technology is expected to gain traction. In addition, the COVID-19 lockdown caused many to stay home, and working from home has become the new normal. With an increase in number of business operations moving online and a significant growth in the number of individuals working from home, indoor deployment of the C-RAN architecture is expected to gain acceptance.
The key players profiled in this report include FUJITSU, ZTE Corporation., Intel Corporation, Telefonaktiebolaget LM Ericsson, Cisco Systems, Inc., Huawei Technologies Co., Ltd., ASOCS Ltd., SAMSUNG, NEC Corporation, and Nokia.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cloud ran market analysis from 2021 to 2031 to identify the prevailing cloud ran market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cloud ran market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cloud ran market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Virtualized/Cloud RAN
Centralized-RAN
By Component
Solutions
Services
By Network Type
3G
4G
5G
By Deployment
Outdoor
Indoor
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest Of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest Of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest Of Europe
Key Market Players
Huawei Technologies Co., Ltd.
Nokia Corporation
ERICSSON
SAMSUNG
ZTE Corporation
Altiostar
ASOCS Ltd
NEC Corporation.
Fujitsu Ltd.
Cisco Systems Inc.
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