Report Id: SNS/ICT/1338 | May 2022 | Region: Global | 130 Pages
Report Scope & Overview:
The Cloud Radio Access Network (C-RAN) Ecosystem Market size was valued at USD 5.64 Bn in 2021 and is expected to reach USD 45.31 Bn by 2028, and grow at a CAGR of 34.67% over the forecast period 2022-2028.
A C-RAN (Cloud Radio Access Network) is a virtual/cloud radio access network or a centralized radio access network. Over the last five years, the need for efficient and upgraded network design such as C-RAN has grown due to increased network congestion caused by the widespread use of smart devices and restricted spectrum availability. The evolution of 5G Services is expected to add to the present infrastructure and network operating model's burden. The small-cell 5G paradigm is used in the C-RAN architecture, which is seen as a potential way to address 5G requirements. As a result, increased efforts to test 5G in countries like China, South Korea, the United States, and Japan are projected to boost the cloud radio access network market forward.
The market is growing due to the increasing use of centralized baseband technology to improve network performance in traffic hotspots such as workplaces, stadiums, city squares, and commuter hubs with high population density per wireless network node. Furthermore, a high rate of adoption of virtual/Cloud-RAN technology for decreasing mobile network operators' capital expenditures through the use of Network Function Virtualization (NFV) is predicted to boost network demand.
Samsung's commercially available vRAN is a cloud-native, container-based solution that helps mobile network operators usher in the 5G era with a flexible and scalable solution. Samsung's vRAN is a key component in enabling commercial 5G services in key areas. In addition, the virtualized solution provides a new alternative for mobile operators looking to get the most out of a software-based 5G network architecture in terms of operational efficiency, network flexibility, and administration.
C-RAN investments are projected to rise as the competition to become the top leader in 5G delivery heats up.
The growing demand for 5G network technology is projected to drive up prices.
The frontal problem is a significant difficulty for C-RAN identification.
There is a lack of security and confidentiality in the system.
Global internet connectivity is improving.
Infrastructure investment by telecom companies is expanding.
New assaults, such as illegal or illegitimate access to sensitive information, are made possible by wireless infrastructures.
the need for a large amount of bandwidth in the fronthaul link
network traffic is growing at an exponential rate, while spectrum resources are becoming scarce
IMPACT OF COVID-19:
The coronavirus's fast spread has resulted in a global health calamity as well as a big financial concern. During the COVID-19 crisis, Communication Service Providers (CSPs) throughout the world are confronted with four operational challenges: safeguarding network data, preserving operational continuity, adjusting to changing traffic patterns, and ensuring the quality of important services. COVID-19 has pushed legacy procedures to their limits, revealing inefficiencies and a reliance on manual processing. As a result of the epidemic, businesses have been concentrating their efforts on determining the precise role of automation in digital transformation and, eventually, how to quantify its ROI in comparison to other competing projects. This is projected to have a significant impact on the C-RAN market, causing it to accelerate.
The C-RAN industry has been divided into two categories based on architecture: centralized-RAN and virtualized/Cloud-RAN. Because of technical advancements in optical, wireless, and IT communication systems, the centralized radio access network retains a prominent position. The virtualized/cloud RAN market is expected to grow at a high rate throughout the forecast period, owing to the wireless telecom industry's increased use of SDN and NFV technologies. The virtualization of the radio access network is expected to aid the carrier's readiness for 5G by increasing bandwidth requirements. By pulling from a set of baseband units, a 5G base station, for example, may substantially increase both the capacity and efficiency of a system.
The cloud radio access network market may be divided into infrastructure, software, and services based on their components. In 2021, infrastructure held the largest market share. Due to the increasing adoption of radio technology and architecture to satisfy the 5G requirements, the category will have a bigger revenue share by 2028. The software sector held the second biggest market share in 2021, thanks to rising demand for NFV solutions for radio access network visualization to optimize bigger and smaller carrier functions, which is expected to continue to drive growth in the near future.
The market has been divided into three categories based on network type: 3G, LTE, and 5G services. In 2021, LTE and 5G services dominated the market and generated the most income. Massive increases in data traffic, combined with the harsh effects of the present network architecture's power consumption, result in additional costs for network operators. As a result, operators are looking for better alternative approaches and designs that may help them save money on energy while still providing improved coverage, flexible network traffic management, and high throughput in a short amount of time. However, the introduction of 5G is projected to pose technological and operational hurdles to the current network infrastructure. The market has been divided into two categories based on deployment: indoor and outdoor. Mobile operators' widespread use of C-RAN design in outdoor situations improves coverage in locations like urban markets, stadiums, and other public spaces.
KEY MARKET SEGMENTS:
On The Basis of Architecture Type:
On The Basis of Component:
Remote Radio Units
Design and Deployment
Maintenance and support
On The Basis of Network Type:
LTE & 5G
On The Basis of Deployment Model:
During the projection period, APAC is expected to increase at a faster rate. With the steady growth in mobile data traffic, APAC has a lot of promise in terms of C-RAN deployments because the area is seeing a lot of C-RAN expenditure. The shift in mentality from traditional RAN structures to C-RAN architectures has resulted in significant expenditures in the telecom sector, extending C-reach. RANs The major possibility for C-RAN installations in the APAC area is in places with enough fiber available for transportation. As fiber availability is a crucial need for C-RAN deployments, this presents huge prospects for C-RAN manufacturers.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The major key 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.
|Market Size in 2021||US$ 5.64 Bn|
|Market Size by 2028||US$ 45.31 Bn|
|CAGR||CAGR of 34.67% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Architecture Type (Centralized-RAN and Virtualized/Cloud-RAN)
• by Component (Infrastructure, Remote Radio Units, Baseband Units, Fronthaul, Software, Services, Consulting, Design and Deployment, Maintenance and support, Others)
• by Network Type (3G and LTE & 5G), by Deployment Model (Indoor and Outdoor)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Altiostar, ASOCS Ltd, Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, FUJITSU, Huawei Technologies Co., Ltd, NEC Corporation, Samsung Electronics Co Ltd., Nokia Corporation, ZTE Corporation|
|Key Drivers||• C-RAN investments are projected to rise as the competition to become the top leader in 5G delivery heats up.
• The growing demand for 5G network technology is projected to drive up prices.
|Market Opportunities||• Global internet connectivity is improving.
• Infrastructure investment by telecom companies is expanding.
Frequently Asked Questions (FAQ) :
Ans:- The C-RAN Ecosystem Market size was valued at USD5.64 Bn in 2021.
Ans:- New assaults, such as illegal or illegitimate access to sensitive information,and network traffic is growing at an exponential rate, while spectrum resources are becoming scarce.
Ans:- During the projection period, APAC is expected to increase at a faster rate.
Ans:- The major key players are Altiostar, ASOCS Ltd, Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, FUJITSU, Huawei Technologies Co., Ltd, NEC Corporation, Samsung Electronics Co Ltd., Nokia Corporation, ZTE Corporation.
Ans:- The study includes a comprehensive analysis of worldwide C-RAN Ecosystem Market trends, as well as present and future market forecasts.Porter's five forces analysis aids, study of buyer and supplier potential, as well as the competitive landscape etc.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of the Ukraine- Russia war
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. C-RAN Ecosystem Market Segmentation, by Architecture Type
9. C-RAN Ecosystem Market Segmentation, by Component
9.2 Remote Radio Units
9.3 Baseband Units
9.8 Design and Deployment
9.9 Maintenance and support
10. C-RAN Ecosystem Market Segmentation, by Network Type
10.2 LTE & 5G
11. C-RAN Ecosystem Market Segmentation, by Deployment Model
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 ASOCS Ltd
13.3 Cisco Systems, Inc.
13.4 Telefonaktiebolaget LM Ericsson
13.6 Huawei Technologies Co., Ltd
13.7 NEC Corporation
13.8 Samsung Electronics Co Ltd.
13.9 Nokia Corporation
13.10 ZTE Corporation
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
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