C-RAN also known as Centralized RAN is an architecture for cellular networks. The architecture consists of the remote radio heads, (RRHs), baseband unit (BBU) and Common Public Radio Interference (CPRI). It offers improved performance with their ability to coordinate between cells and are cost efficient too as a resulting of pooling resources. The rise in adoption of smartphones and tablets coupled with the increasing broadband access is boosting the cloud RAN market.This growth is primarily driven by Growing Ubiquity of Smartphones, 4G and 5G Accessibility and Enhanced Efficiency of the Spectrum and Lower Total-Cost-Of-Ownership (TCO).
Globally, a noticeable market trend is evident Technology Advancement in Cloud Radio Access Network. The Networking Equipment sector in the North America region has been increasing at a strong rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Nokia Corporation (Finland), Cisco Systems, Inc. (United States), Samsung Electronics Co. Ltd. (South Korea), ZTE Corporation (China), Altiostar (United States), Ericsson AB (Sweden), Fujitsu (Japan), Intel Corporation (United States) and Mavenir(United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Growing Ubiquity of Smartphones
- 4G and 5G Accessibility
- Enhanced Efficiency of the Spectrum and Lower Total-Cost-Of-Ownership (TCO)
- Technology Advancement in Cloud Radio Access Network
- Stringent Government Rules and Regulation
- High Cost of Optical Fiber
Growth Potential in Emerging Countries With increased Adoption of Cloud Technology and Innovative Service Offering From Telecom Operators
Requirement For Fronthaul Capacities, Interface Between Remote Radio Unit (RRU) and Baseband Unit (BBU) and Virtualization Techniques Promote Distributed Processing And Sharing Of Resources Between Multiple BBUs
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