The Radio Access Network (RAN) is a centralized, wireless communication system that includes cloud computing-based architecture with real-time virtualization potential. With the collective radio technology support, the radio access network authorizes the large-scale deployment in mobile, computers, wireless and remote-controlled devices for transmitting signals and other information in accordance with the radio access technology.
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The Global Radio Access Network market is anticipated to grow at a higher pace and is expected to register the sequential growth in market size, shares and revenues by exhibiting a significant CAGR of $44.78 billion by 2027 at a CAGR 0f 11.3% during the forecast period 2024-2031. Some major factors that drive the market growth of the Global Radio access Network market include: increasing demand for mobile broadband services, rising investment in smart cities and advance mobile data traffic. Increasing deployment of 5G technology and enhanced network densification are additional market drivers for the growth of Radio Access Network market. The key market players such as Huawei, Ericsson, NEC, Samsung, Juniper Networks, Verizon Communications and Airspan Networks among others have adopted various strategies to deal with the Global Radio Access Network.
Along with this, the global market growth of radio access network is estimated based on the segmental analysis, as such the market is segmented into by communication infrastructure, by connectivity technology, and by development location based on their growth rate. Based on the communication infrastructure segment, the market is further categorized into- Small Cell, Macro Cell, RAN Equipment and DAS. Besides, the market is further segmented on the basis of Connectivity Technology which includes- 2G, 3G, 4G/LTE and 5G and on the basis of Development Location, market is categorized into- Urban Areas, Public Spaces, Rural Areas, Residential Areas, Retail Stores, Highways, Large Enterprises, and Airport/Rail/Bus Terminals, Small & Medium Enterprises, Hotels/Motels and Others. Based on the region, the market is dominated by North America, Europe, Asia-Pacific (APAC) and RoW, and is expected to gain a gradual raise in fiber converter market in the forecast period.
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Market Coverage
- Segment Covered-
o By Communication Infrastructure
o By Connectivity Technology
o By Development Location
- Competitive Landscape- Huawei, Ericsson, NEC, Samsung, Juniper Networks, Verizon Communications and Airspan Networks, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Radio Access Network Market Report Segment
By Communication Infrastructure
- Small Cell
- Macro Cell
- RAN Equipment
- DAS
By Connectivity Technology
- 2G
- 3G
- 4G/LTE
- 5G
By Development Location
- Urban Areas
- Public Spaces
- Rural Areas
- Residential Areas
- Retail Stores
- Highways
- Large Enterprises
- Airport/Rail/Bus Terminals
- Small & Medium Enterprises
- Hotels/Motels
- Others
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