According to a new market research report ”Cloud Radio Access Network (C-RAN) Market by Technology (Centralization and Virtualization), Component (Solutions and Services), Deployment Venue, and Region (North America, Europe, APAC, MEA, and Latin America) - Global Forecast to 2022", published by MarketsandMarkets™, The global C-RAN market size is expected to grow from USD 681.6 Million in 2017 to USD 1,132.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 10.7%.
Rapid Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) reduction and 4G and 5G accessibility are the major factors driving the growth of the C-RAN market.Browse 68 Market Data Tables and 40 Figures spread through 131 Pages and in-depth TOC on "Cloud Radio Access Network (C-RAN) Market by Technology (Centralization and Virtualization), Component (Solutions and Services), Deployment Venue, and Region (North America, Europe, APAC, MEA, and Latin America) - Global Forecast to 2022"Major Key Companies:The C-RAN market report includes the competitive landscape, which presents the positioning of the 25 key C-RAN vendors, based on their product offerings and business strategies.
Some of the major C-RAN vendors are Nokia Corporation (Finland), Cisco Systems, Inc. (US), Samsung Electronics Co. Ltd. (South Korea), ZTE Corporation (China), Altiostar (US), Ericsson AB (Sweden), Huawei Technologies Co. Ltd. (China), NEC Corporation (Japan), Fujitsu (Japan), Intel Corporation (US), Mavenir (US), and ASOCS Ltd. (Israel).The North American region is expected to witness the highest CAGR during the forecast period in the C-RAN market.
Consulting services mainly deal with the critical issues and opportunities related to strategy, marketing, operations, technology, mergers and acquisitions, and corporate finance.
They help enterprises increase business efficiency, boost performance, reduce cost, and enhance resilience.On the basis of deployment venues, the C-RAN market is segmented into large public venues, targeted outdoor urban areas, high-density urban areas, and suburban and rural areas.
Deploying C-RAN for such locations becomes a mandate, as the fronthaul systems installed at these locations are designed to cater to limited users, but during events, these locations are flooded with large numbers of users.Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/cloud-radio-access-network-ran-market-1001.htmlAbout MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.