The Global Cloud Radio Access Network (C-RAN) Market size is expected to reach $17.2 billion by 2023, rising at a market growth of 21% CAGR during the forecast period. Cloud RAN is an innovative new network architecture that is used to meet the challenges of mobile network operator by providing cooperative solutions and centralizing base station functions. The C-RAN architecture consist of the remote radio heads (RRHs), baseband unit (BBU) and CPRI (Common Public Radio Interface). In this architecture, all the BBU computational resources are put together into a central pool to receive radio frequency signals from all the distributed antennas and then further transmitted to the cloud platform via a transmission network or communication interface. The market would witness considerable growth during the forecast period due to the widespread adoption of Centralized-RAN architecture by the mobile operators to address the capacity and coverage challenges.
Based on Component, the market report segments the market into Infrastructure, Solution, and Services. Infrastructure Type includes Baseband Units, Remote Radio Units, and Fronthaul. Services Type includes Professional and Managed Services. Based on Architecture, the market report segments the market into Centralized Architecture and Virtual/Cloud-RAN Architecture. Based on Network Type, the market report segments the market into 3G and LTE & 5G. Based on Deployment Type, the market report segments the market into Indoor and Outdoor. Based on Regions, the Cloud Radio Access Network (C-RAN) market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The market research report covers the competition analysis of key stake holders of the Global Cloud Radio Access Network (C-RAN) Market. Key companies profiled in the report include Nokia Corporation, Cisco Systems, Inc., Samsung Electronics Co Ltd., ZTE Corporation, Ericsson AB, NEC Corporation, Huawei Technologies Co., Ltd., Fujitsu Limited, Intel Corporation, and Mavenir Systems.