C-RAN Market Size Worth USD 43.35 Billion by 2027

The global C-RAN market size is expected to value at USD 43.35 billion by 2027, according to a new report by Grand View Research Inc., the technological advancements in wireless communication systems is expected propel the market growth. Furthermore, multiple benefits such as reduced energy consumption, simplification of network management and operation, the lower total cost of ownership, enhance the efficiency of the spectrum, pooling of resources, and reuse of infrastructure have led to the cloud radio access network market witnessing an increased demand.

Growing implementation of centralized baseband technology to enhance the network performance in traffic hotspots across areas such as offices, stadiums, city-squares, and commuter hubs with high population density per wireless network node is contributing to the market growth. Moreover, a significant rate of adoption of virtual/Cloud-RAN technology for reducing capital expenditures of mobile network operators by applying Network Function Virtualization (NFV) is expected to uplift the network demand.

The network ecosystem is on the verge of transformation, attributing to the growing demand for mobile data requirements and the advent of 5G technologies. In addition, exponentially increasing network traffic and limited availability of spectrum resources are challenging the existing radio network infrastructure. The C-RAN technology thus provides opportunities that can minimize the total cost of ownership and enhance performance in the network. Moreover, strong steps taken by the governments and network operators across different regions for effective 5G deployment in the upcoming years is expected to be a major driver for the deployment of C-RAN.

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C-RAN Market Report Suggest:

  • Centralized RAN segment is expected to dominate the market and is expected to reach USD 38.17 billion by 2027, owing to technological advancements offered for optical, wireless, and IT communication systems
  • Based on component, the infrastructure segment acquired the dominant market share of 51.30% in 2019 and is anticipated to continue leading over the forecast period, owing to rapid adoption of radio technology and architecture to meet 5G requirement
  • LTE and 5G segment held the largest share of the C-RAN market 94.11% in 2019 and is estimated to witness growth over the forecast period, as a result of the operators seeking for better alternative techniques and architecture, which can help reduce energy cost, provide better coverage, agile network traffic management as well as time-high-throughput
  • Based on deployment, the outdoor segment dominated the market in 2019 and is expected to reach USD 35.30 billion by 2027. The major deployment of C-RAN architecture by the mobile operator at the outdoor environment provides better coverage in areas, such as urban market, stadiums, and others
  • Asia Pacific is expected to be the largest regional market over the forecast period, owing to the factors such as growing deployment of C-RAN architecture as an initiative to commercialize of 5G in countries such as China, Japan, and South Korea

Grand View Research has segmented the global C-RAN market based on architecture, component, network, deployment, and region:

C-RAN Architecture Type Outlook (Revenue, USD Million, 2016–2027)

  • Centralized-RAN
  • Virtualized/Cloud RAN

C-RAN Component Outlook (Revenue, USD Million, 2016–2027)

  • Infrastructure
  • Remote Radio Units
  • Baseband Units
  • Fronthaul
  • Software
  • Services
  • Consulting
  • Design and Deployment
  • Maintenance and support
  • Others

C-RAN Network Type Outlook (Revenue, USD Million, 2016–2027)

  • 3G
  • LTE & 5G

C-RAN Deployment Model Outlook (Revenue, USD Million, 2016–2027)

  • Indoor
  • Outdoor

List of key players in C-RAN Market:

  • ASOCS Ltd
  • Cisco Systems Inc
  • Samsung Electronics Co Ltd
  • Huawei Technologies Co Ltd
  • NEC Corporation
  • Nokia Corporation
  • ZTE Corporation

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