Cloud Radio Access Network is an evolution of the current wireless communication system and uses the latest common public radio interface (CPRI) standard, coarse or dense wavelength division multiplexing (CWDM / DWDM) technology and millimeter wave (MM wave) transmission for long distance signals. It is a centralized, cloud computing-based architecture for radio access networks (RAN) that enables the large-scale deployment having collaborative radio technology support along with real-time virtualization capabilities, that can take advantage of advanced remote antennae or radio head techniques and SDN (software-defined network) approaches.
C-RAN (Cloud Radio Access Network) Market: Key Players
The research study includes profiles of leading companies operating in the global C-RAN (Cloud Radio Access Network) market. Key players profiled in the report include: 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.
Drivers for the Global C-RAN (Cloud Radio Access Network) Market:
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.
Opportunities for the Global C-RAN (Cloud Radio Access Network) 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. Thus all these will offers an lucrative opportunities for the growth of the C-RAN market during forecasted period.
Restrains for the Global C-RAN (Cloud Radio Access Network) Market:
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. Government and security standards are expected to be the major restraints for the C-RAN market. Regulatory policies differ from nation to nation and from business to business. The structure of these varying regulatory policies, along with changing macroeconomic factors, makes it difficult for vendors to meet the end-users’ requirements. Thus all these factors will hamper the growth of the market.
Region Wise, Global C-RAN (Cloud Radio Access Network) Market Analysis:
The report covers the region wise analysis, global C-RAN (Cloud Radio Access Network) market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, Asia-Pacific leads the global C-RAN (Cloud Radio Access Network) market share, followed by North America & Europe. While the Asia-Pacific leads the global C-RAN (Cloud Radio Access Network) market due to the Factors, such as rising deployment of C-RAN architecture as an initiative to commercialize the 5G in countries, such as China, Japan, and South Korea is expected to drive the growth. In addition, the mobile carriers and service providers in South Korea announced in April 2019, that the cost for building a 5G infrastructure would be shared among them. In addition, the South Korean government is supporting these network providers in order to offer early commercialization of 5G technology.
Covid-19: Impact and Recovery Analysis for Global C-RAN (Cloud Radio Access Network) Market:
The world is greatly affected by the uncertain raise of the covid-19 Pandemic among the population. The Corona virus outbreak has disrupted & disturbed every sector of business as well as human activity. In most parts of the world there has been a complete restriction set by governments regarding various activities and in turn this is greatly affecting the financial stability of industries like C-RAN (Cloud Radio Access Network) market globally. The C-RAN (Cloud Radio Access Network) market has been impacted due to government restrictions on public activity, halting business activities, shutting down of providers and many other impacts that have been caused due to lockdown in various parts of the world.
Global C-RAN (Cloud Radio Access Network) Market: Product analysis
- Centralization Technology
- Virtualization Technology
Global C-RAN (Cloud Radio Access Network) Market: Application analysis
- Large public venues
- Targeted outdoor urban areas
- High-density urban areas
- Suburban and rural areas
Global C-RAN (Cloud Radio Access Network) Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East