The growth graph of radio access network market has been witnessing a considerable surge in the past few years, given that this technology carries the ability to meet the increasing connectivity demands globally. As industries become crucially dependent on RAN, focus on radio access components to improve throughput, capacity, spectral efficiency along power consumption has increased in the past few years.
Driven by the rapidly growing need for fast and reliable connectivity, manufacturers are constantly working towards increasing their limits to acknowledge efforts undertaken by the government and private authorities to improve internet penetration, such as the International Mobile Telecommunication Vision for 2020.
According to reports, the global radio access network market size could cross USD 15 billion in terms of annual value by 2025. Enlisted below are some of the integral factors likely to influence the industry trends in the near future.
Request for Sample Copy of This Report @ https://www.decresearch.com/request-sample/detail/4390
Surging internet penetration has led to data incentive applications, thereby allowing telecom operators to enhance their cellular coverage. Government authorities are taking initiatives to expand commercialization of 5G network. Notably in November 2018, US-based Federal Communications Commission (FCC) deployed a 1,550 MHz spectrum to be used by commercial wireless providers for the use of 5G network and regulated interstate communication services.
Favorable government approach has bolstered radio access network (RAN) market share. According to the Indian Brand Equity Foundation, the Government of India is gearing to invest around US$ 100 bn in a National Telecom Policy 2018 by the end of 2022.
Besides 5G offering sizeable network performance characteristic enhancement, it is likely to enable technologies such as artificial intelligence (AI), internet of things (IoT), and robotic process automation (RPA), namely. At the time when 5G value chain will be instrumental in offering differentiated services to niche market segments, stakeholders are eyeing to propel radio access network market outlook.
Leading technology companies are teaming up with other technology companies to introduce innovative radio access solutions. In the first quarter of 2019, a Japanese telecom operator Rakuten joined hands with Intel to introduce a fully virtualized radio access network (RAN) solution. APAC radio access network market is slated to expand at a CAGR of over 8% through 2025.
Against the backdrop of expanding mobile penetration across developing regions, suburban and rural area segment is expected to witness a CAGR of over 6% during the assessment period. Palpable demand for RAN solutions in suburban and rural regions has augured well for the growth of market outlook.
Collaborations and partnerships among pertinent companies have risen significantly as they look to gain competitive edge in the industry. Nokia Networks collaborated with Orange to conduct live network trials to substantiate the veracity of upsides of C-RAN in Poland for 5G network in June 2018.
Request for customization @ https://www.decresearch.com/roc/4390
Increasing investment in the telecom industry especially in developing nations like China and South Korea is positively influencing radio access network market size in the Asia Pacific region. For example, in June 2019, China Mobile had announced an investment of USD 4.4 billion to construct 50,000 5G base stations in the region before the end of 2019 to support the commercialization of 5G services.
Some of the prominent companies active in market are Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., Nokia Networks, Intel Corporation and HP Enterprises, among others.
Major Key Points from Table of Content:
Chapter 6. Radio Access Network Market, By Connectivity Technology
6.1. Key trends, by connectivity technology
6.2.1. Market estimates and forecast, 2014 – 2025
6.3.1. Market estimates and forecast, 2014 – 2025
6.4.1. Market estimates and forecast, 2014 – 2025
6.5.1. Market estimates and forecast, 2014 – 2025
Chapter 7. Radio Access Network Market, By Deployment Region
7.1. Key trends, by deployment region
7.2. High-density urban area
7.2.1. Market estimates and forecast, 2014 - 2025
7.3. Suburban and rural area
7.3.1. Market estimates and forecast, 2014 - 2025
Browse Complete Table of Content @ https://www.decresearch.com/toc/detail/radio-access-network-market
About Us: -
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.
Contact Us: -
Website: - https://www.decresearch.com/
Email: [email protected]