Cloud-Radio Access Network (C-RAN) Market Share, Size, Trends, Industry Analysis Report, By Component (Solution, Services); By Network Type (2G/3G, 4G, 5G); By Deployment; By End-User; By Region; Segment Forecast, 2024- 2032
- Published Date:Jan-2024
- Pages: 119
- Format: PDF
- Report ID: PM4062
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
The global cloud-radio access network (C-RAN) market was valued at USD 17.15 billion in 2023 and is expected to grow at a CAGR of 20.7% during the forecast period.
The rapid growth of data traffic is fueled by the increasing adoption of smartphones, Internet of Things (IoT) devices, and emerging technologies such as 5G. C-RAN offers several advantages over traditional distributed radio access network (RAN) architectures, including improved scalability, better resource allocation, and reduced operational costs. By centralizing the baseband processing functions, C-RAN enables network operators to optimize resource utilization and dynamically allocate processing power based on demand, leading to better network performance and higher spectral efficiency.
The market research report offers an in-depth analysis of the industry to support informed decision-making. It offers a meticulous breakdown of various market niches and keeps readers updated on the latest industry developments. Along with tracking the Cloud-Radio Access Network (C-RAN) Market on the basis of SWOT and Porter’s Five Forces models, the research report includes graphs, tables, charts, and other pictorial representations to help readers understand the key insights and important data easily.
A cloud-radio access network (C-RAN) is a consolidated cloud computing-dependent architecture for radio access networks. A C-RAN sanctions extensive positioning, combined radio technology reinforcement, and real-time virtualization potential. The cloud-radio access network (C-RAN) market sales are soaring as a C-RAN is a development of the present wireless communication structure that utilizes the brand new usual public radio connection standard, prickly or dense wavelength division multiplexing technology, and millimeter wave transference for stretchable distance signals.
Some of the benefits of C-RAN are that it sanctions escalated spectrum productivity, is more price and footprint productive because of minimized hardware, causes lesser heating, cooling, or power needs, generates a more disentangled, flexible, and scalable framework, reinforces a great aggregate of mobile users and wireless caliber, and ascertains productive network customization, improvements, testing, observing, and sustenance.
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The deployment of 5G networks is also a major factor propelling the C-RAN market. 5G networks require massive capacity and low latency, and C-RAN provides the necessary flexibility and scalability to meet these requirements. C-RAN allows network operators to efficiently deploy small cells and virtualize network functions, enabling faster and more cost-effective 5G rollouts.
- For instance, in March 2023, HCLSoftware and SolarWinds are expanding their partnership to create a comprehensive 5G network observability platform. The solution combines HCLSoftware's Augmented Network Automation (HCL ANA) platform and other telecom products with SolarWinds' observability and service management platform. It aims to provide a Cloud to RAN 5G telecommunications observability platform for mobile network operators.
Furthermore, adopting cloud computing and virtualization technologies is driving the growth of the market. C-RAN leverages cloud infrastructure to centralize baseband processing, enabling operators to leverage the benefits of virtualization, such as hardware consolidation, resource pooling, and network slicing. These capabilities enhance network efficiency and enable the introduction of new services and applications.
The COVID-19 pandemic has impacted the market, and the increased demand for reliable and high-speed wireless connectivity has highlighted the importance of C-RAN in supporting remote work, online education, and telemedicine. This has led to a surge in investments and deployments of C-RAN solutions to enhance network capacity and performance. Additionally, the economic uncertainties and budget constraints businesses face during the pandemic have influenced investment decisions, potentially affecting the pace of market growth.
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Growth Drivers
- Rapid increase in bandwidth demand.
The exponential growth of data traffic, driven by the proliferation of smartphones, IoT devices, and multimedia applications, significantly increases the demand for bandwidth. C-RAN provides a solution by centralizing the baseband processing, allowing for better resource allocation and network efficiency. The scalability and flexibility offered by C-RAN enable network operators to effectively manage the growing bandwidth requirements and provide seamless connectivity to users.
Furthermore, deploying 5G networks is driving the adoption of C-RAN. 5G networks require higher data speeds, ultra-low latency, and increased network capacity to support emerging technologies such as autonomous vehicles, smart cities, and IoT applications. C-RAN provides the necessary infrastructure to meet these demands by virtualizing network functions, enabling network slicing, and facilitating the deployment of small cells. The centralized processing and virtualization capabilities of C-RAN enable the efficient rollout of 5G networks, providing enhanced network performance and improved user experiences.
Report Segmentation
The market is primarily segmented based on component, network type, deployment, end-user, and region.
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By Component |
By Network Type |
By Deployment |
By End-User |
By Region |
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By Component
- Solution segment is expected to witness highest growth during forecast period
The solution segment is expected to experience significant growth. This growth can be attributed to implementation of C-RAN (Cloud Radio Access Network) technology, which utilizes Data Center Network technology to establish cost-effective, reliable, low-latency, and high-bandwidth connections between BBU (Baseband Unit) pools. Due to its streamlined component requirements, c-RAN offers several advantages, including reduced energy consumption, maintenance, and rental costs.
Furthermore, it optimizes both the Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) for network operators and enhances network security through centralized management. Enterprises also benefit from improved capacity and coverage. Additionally, C-RAN can be self-configured, self-optimized, and self-adaptable by utilizing Software-Defined Networking (SDN) or Network Functions Virtualization (NFV) technologies.
By Network Type
- 4G segment accounted for the significant market revenue share in 2022
The 4G network type segment holds significant market revenue shares in 2022. LTE was initially introduced in 2009 and has since brought about significant advancements in the telecommunications industry. One key change LTE introduced is the ability to provide higher backhaul capacity to cellular base stations. This is achieved through the use of Remote Radio Units (RRUs) located on towers, which are connected to centralized Baseband Units (BBUs).
LTE has also incorporated the use of Multiple Input Multiple Output (MIMO) antennas, which greatly enhance the capacity of wireless communication between towers and User Equipment (UE). MIMO technology allows LTE networks to manage air interference and increase overall network capacity effectively.
By Deployment
- Indoor segment dominated the market with the largest revenue shares in 2022
The indoor segment dominated the market with the largest market revenue shares and is expected to continue its dominance during the forecast period. This dominance can be attributed to using RAN (Radio Access Network) and small cell solutions, which enable mobile operators to efficiently and affordably deliver enhanced network capacity for residential applications. These solutions facilitate improved mobile experiences for users within indoor environments.
However, the outdoor segment is projected to experience substantial growth over the forecast period. This growth is driven by its significant benefits, such as lower energy costs, enhanced network resilience, and dynamic allocation of network resources over time. Outdoor C-RAN solutions enable mobile operators to optimize their network infrastructure and efficiently allocate resources based on changing demands and conditions.
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Regional Insights
- Asia Pacific region dominated the global market in 2022
The APAC region is expected to exhibit higher growth rates in the market. Due to the continuous increase in mobile data traffic, it is making APAC a region with significant potential for C-RAN deployments. The telecom industry in APAC is experiencing substantial investments as there is a shift in mindset from traditional RAN architectures to C-RAN architectures.
This shift in mindset has resulted in large-scale investments in the APAC telecom sector, expanding the scope and adoption of C-RAN technology. The availability of ample fiber for transportation is a key factor contributing to the real opportunity for C-RAN deployments in the APAC region. Fiber infrastructure provides a strong foundation for C-RAN implementations, allowing for efficient and reliable connectivity.
Europe is anticipated to experience substantial growth in the forecast period. This can be attributed to the transition from 3G technology to advanced 4G (LTE and LTE-A), as well as the anticipated deployment of 5G networks, which are expected to offer data speeds of 10-100 Mbps and latency of less than 1 millisecond. These factors are projected to drive significant growth in the cloud radio access network market during the forecast period.
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Key Market Players & Competitive Insights
The Cloud-Radio Access Network (C-RAN) market is fiercely competitive with key players. These companies focus on innovation, strategic partnerships, and product diversification to gain an edge. Technological advancements such as advanced baseband units, virtualization, and software-defined networking are being pursued to enhance network performance. Success in the C-RAN market depends on offering comprehensive solutions that align with evolving technologies and customer demands.
Some of the major players operating in the global market include:
- Altiostar
- Amphenol
- Anritsu
- Artiza Networks
- ASOCS
- Casa Systems
- Cisco Systems
- CommScope
- Dali Wireless
- Ericsson AB
- EXFO
- Fujitsu
- Huawei Technologies Co. Ltd.
- Infinera
- Intel Corporation
- Mavenir
- NEC
- Nokia Corporation
- Radisys
- Samsung Electronics Co. Ltd.
- Telefonaktiebolaget LM Ericsson
- Texas Instruments
- VIAVI
- Xilinx
- ZTE Corporation.
Recent Developments
- In July 2023, GlobalLogic, a part of the Hitachi Group, will acquire Sidero, an Irish company specializing in engineering services and cloud-native software development for the communications sector. This acquisition strengthens GlobalLogic's presence in Ireland and enhances its capabilities in communications technology, leveraging Sidero's expertise in Radio Access Networks (RAN) and Cloud.
- In May 2023, Mavenir and i2i Systems partnered to promote collaboration for Open RAN in Turkey. This partnership aims to advance the development and implementation of cloud-native solutions and Open RAN technology, offering innovative network solutions for communication service providers in the Turkish market.
Cloud-Radio Access Network (C-RAN) Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 20.66 billion |
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Revenue forecast in 2032 |
USD 93.36 billion |
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CAGR |
20.7% from 2023 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
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Segments covered |
By Component, By Network Type, By Deployment, By End-User, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
We provide our clients the option to personalize the Cloud-Radio Access Network (C-RAN) Market report to suit their needs. By customizing the report, you can get data as per your format and definition. Also, the customization option allows you to gain a deeper dive into a specific segment, region, customer, or market competitor.
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