Published On : 14 Aug 2017
The global cloud radio access network (C-RAN) market has been projected in a report added by QYReseachReports.com to be classified into centralization technology and virtualization technology according to type. Titled “Global Cloud Radio Access Network (C-RAN) Market Size, Status and Forecast 2022,” the report has also foreseen another classification based on application, which includes suburban and rural areas, high-density urban areas, targeted outdoor urban areas, and large public venues. Furthermore, the report has segregated the market into key geographies such as Southeast Asia, India, China, Japan, the European Union, and the U.S.
The world C-RAN market has been anticipated to be pampered by opportunities arising from the swift reduction in operational expenditure (OPEX) and capital expenditure (CAPEX) and accessibility of 4G and 5G networks. The significant rise in the technological developments of optical and wireless communication systems have been predicted to set a strong foundation of growth in the market. The C-RAN technology could gain a telling prominence on the back of its operability to transmit data between the remote radio head (RRH) and base band unit (BBU) with the help of an economical transmission module.
Dynamic resource allocation for supporting multi-vendor environments could be allowed with the use of real-time virtualization technology via cloud computing. Moreover, high scalable, low-cost, and latent-free networking modules could be allowed in the BBU pool with the implementation of data center networking technology. New-age enterprises continually tested by innovations and disruptive forces in the market have been forecasted to be transformed by the advent of C-RAN service providers. On account of an elevated adoption of rising technologies, the services market for C-RAN could garner a healthy growth in the foreseeable future.
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In view of deployment venues, the world C-RAN market has been prognosticated to witness the dominance of large public venues such as event spaces, malls, and stadiums. The deployment of C-RAN could be mandated in these venues as they are usually flooded with large masses. Moreover, the fronthaul systems installed there are designed to serve a limited number of masses.
On the geographical front, the international C-RAN market has been prophesied to gain a strong impetus from the growth of North America. The impressive growth of this region could ride on the high focus on innovative technologies bolstered through active research and development and developed economies such as Canada and the U.S. More opportunities have been envisioned to take shape in North America considering its greater long term evolution (LTE) subscriber base. Although there could be a high demand for advanced mobile services in the region, C-RAN deployments here have been envisioned to be significantly impacted by the availability of fiber. As a result, more operators could raise their outlay on fiber in the coming years.
Some of the key players in the worldwide C-RAN market could be Samsung Electronics Co. Ltd., Cisco Systems, Inc., and Nokia Corporation.
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