Cloud Radio Access Network Market Production, Trends, Price, Revenue, Share and Forecast 2025

The global cloud radio access network (C-RAN) market is expected to reach USD 31.71 billion by 2025, according to a new report by Grand View Research, Inc. The networks ecosystem is on the verge of a transformation owing to growing demand data requirements for the Internet of Things (IoT) and the advent of 5G technologies which will lead to the requirement of new services and applications is anticipated to drive the growth of C-RAN architecture market over the forecast period. The market for the virtual/ cloud RAN architecture is expected to gain traction over the forecast period.

The Infrastructure segment holds the largest share of Cloud-RAN industry in 2016 and is expected to reach over USD 17.05 billion by 2025. The market for the LTE & 5G segment is expected to grow at the highest CAGR over the forecast period from 2017 to 2025. The evolution of 5G is projected to place challenges on present network infrastructure in the form of technologies and operation model.

The currently available mobile networks infrastructure is designed to meet the requirements for voice and traditional mobile broad band services. These infrastructures are not flexible enough to support 5G services owing to the multiple number standard upgrades and complex interfaces. Centralized-RAN is emerging as the critical network architecture for 5G, it has innovative elastic and scalable network architectures which can provide the required capabilities to the incorporation of 5G network.

Browse full research report on Cloud Radio Access Network (C-RAN) Market: https://www.grandviewresearch.com/industry-analysis/cloud-ran-market