Cloud-Radio Access Network (C-RAN) Market Growing at a CAGR 37.7%
Cloud-Radio Access Network (C-RAN) Market by Component (Solution and Services), Network Type, Deployment (Cloud and Centralized), End User (Telecom Operators and Enterprises), and Region – Global Forecast to 2025
The Cloud Radio Access Network market size is projected to grow from USD 2.9 billion in 2020 to USD 14.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 37.7% during the forecast period. C-RAN facilitates mobile communication by helping mobile operators deliver high-quality mobile communication services while maintaining steady growth and profitability. The deployment of C-RAN architectures is witnessed lately, owing to the increasing number of network subscribers and surging data transmission rates.
The key and emerging players include Nokia, Huawei, Ericsson, ZTE Corporation, NEC Corporation, Cisco, Samsung, Altiostar, Fujitsu, Intel, Mavenir, ASOCS, Radisys, CommScope, Artiza Networks, Anritsu, 6WIND, EXFO, Airspan, VIAVI, Infinera, Texas Instruments, Amphenol, Xilinx, Dali Wireless, and Casa Systems. These players have adopted various strategies to grow in the global C-RAN market.
https://www.benzinga.com/pressreleases/22/03/...kia-huawei-ericsson-z |