USD 20.4 billion
Report ID:
SQMIG45A2046 |
Region:
Global |
Published Date: January, 2025
Pages:
165
|Tables:
114
|Figures:
77
Global Cloud Radio Access Network (C-RAN) Market size was valued at USD 20.4 billion in 2023 and is poised to grow from USD 26.28 billion in 2024 to USD 199.01 billion by 2032, growing at a CAGR of 28.8% during the forecast period (2025-2032).
The C-RAN enables network operators to deliver dedicated virtual networks over shared network infrastructure with functionalities tailored to customer demands. The small-cell paradigm, which is used by the C-RAN architecture is perceived as a promising strategy for addressing the 5G standards. It is projected that the development of 5G will increase the burden on existing infrastructure and network operation models. Additionally, it gives more information about how network resources are being used with each customised network that reflects the complexity of delivery demanded by supported services.
Reusing existing infrastructure, streamlining network operations and management, pooling resources, and consuming less energy are some of the additional advantages of the CRAN. Particularly in low-latency network scenarios, C-RAN is advantageous. Additionally, there is no need to replace the transportation network.
The market is expanding as a result of the expanding use of centralised baseband technology to improve network performance in traffic hotspots such offices, stadiums, city squares, and commuter hubs with high population density per wireless network node.
It is anticipated that a considerable rate of virtual/Cloud-RAN technology adoption will increase network demand by reducing mobile network operators' capital costs through the use of network function virtualization (NFV).
US Cloud Radio Access Network (C-RAN) Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 20.4 billion
Largest Segment
Indoor Deployment
Fastest Growth
Indoor Deployment
Growth Rate
28.8% CAGR
To get more reports on the above market click here to Buy The Report
Global Cloud Radio Access Network (C-RAN) Market is segmented by Component, Network Type, Architecture Type, End User and region. Based on Component, the market is segmented into Solution and Services. Based on Network Type, the market is segmented into 5G, 4G and 3G and 2G. Based on Architecture Type, the market is segmented into Centralized - RAN and Virtualized/Cloud RAN. Based on End User, the market is segmented into Telecom Operators and Enterprises. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The C-RAN market has been divided into two categories based on architecture: centralized-RAN and virtualized/Cloud RAN. Due to advancements in wireless, optical, and IT communication technologies, centralised radio access networks continue to hold a prominent position.
To relay baseband signal over long distances, it, for example, uses the most recent CPRI standard, dense wavelength division multiplexing, and mMwave. These data centres can conduct substantial processing that is challenging in the current networks, and they have efficient information exchange capabilities. Cloud C-RAN makes use of a hybrid of virtualization and centralization because it is feasible to virtualize after centralization is accomplished. As a result, all enterprises have already finished or begun the process of centralising in order to move to C-RAN. There are significant advantages with the deployment of centralised base stations.
The virtualized/cloud RAN segment is also anticipated to grow quickly over the projection period, which can be ascribed to the wireless telecom industry's increased use of SDN and NFV technology. Asia Pacific continues to hold the top spot and is predicted to grow at a CAGR of 30% during the projection period. It is projected that the virtualization of the radio access network will make it easier for the carrier to get ready for 5G while also increasing the bandwidth requirements. For instance, by using a collection of baseband units, a 5G base station can theoretically increase a system's capacity and efficiency. The placing of novel features that maximise the resource and improve the end user experience is made simpler by the sharing of signalling between cells.
The cloud radio access network market can be divided into infrastructure, software, and services based on its components. The largest market share belonged to infrastructure, which was valued at USD 8.7 billion in 2022. Due to the quick adoption of radio technology and architecture to satisfy the 5G needs, the segment would achieve a greater revenue share by 2030.
Due to the rising demand for NFV solutions for radio access network visualisation to optimise the larger and smaller carrier functions, which is further predicted to drive the growth in the near future, the software category held the second-largest market share in 2022. Additionally, increasing investments made by mobile operators for efficient deployment are anticipated to support segment growth.
The service segment, however, is anticipated to hold its position during the projected period. The use of C-RAN architecture by mobile operators is predicted to enhance demand for consultancy, maintenance services, design, and development.
The market is divided into LTE & 5G and 3G services based on the kind of network used. The LTE & 5G category among them had the largest revenue share in 2022, totaling more than USD 8.2 billion. Network operators now face a greater financial burden as a result of the rapidly expanding data traffic and energy consumption. In order to lower energy costs and provide better coverage, operators are concentrating on deploying improved technologies.
Several significant modifications have been made as a result of LTE and 5G, including increased cell backhaul capacity, the deployment of RRUs on towers, and centralised BBUs. Multiple Input Multiple Output (MIMO) antennas have been deployed in order to increase the potential for air interference between towers and user equipment (UE). The maximum fibre link distance for C-RAN architectures based on LTE systems is 20 km between RRUs and BBUs. However, it is anticipated that the emergence of 5G will pose technological and operational hurdles to the current network architecture. Due to several standard revisions and intricate interfaces, current mobile networks are not flexible enough to handle 5G services. Instead, they are built to meet the requirements for voice and traditional mobile broadband services.
To get detailed analysis on other segments, Request For Free Sample Report
Asia Pacific accounted for the significant market share for C-RAN technology in 2022 which was followed by North America. Growth is projected to be fueled in the upcoming period too by factors including the increasing C-RAN architecture deployment as part of an initiative to commercialise 5G in nations like China, Japan, and South Korea. Additionally, South Korean mobile carriers and service providers declared in April 2019 that they will split the cost of developing a 5G infrastructure. In order to offer early 5G commercialization, the South Korean government is also backing these network providers.
APAC seems to hold great potential for C-RAN deployments due to the region's significant spending in the C-RAN industry and the ongoing increase in mobile data traffic. The telecom industry has been seeing significant expenditures as a result of the shift in attitude from traditional RAN architectures to C-RAN architectures, which appears to be broadening the application of C-RAN. The main possibility for C-RAN deployments in the APAC region is concentrated in areas with a large supply of transportable fibre. As fibre accessibility is a crucial prerequisite for C-RAN deployments, this in turn presents enormous prospects for C-RAN manufacturers.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Adoption of 5G Services to Improve C-RAN Facilities.
Bandwidth Issues Pertinent to Create Market Challenges
Request Free Customization of this report to help us to meet your business objectives.
The cloud radio access network market has a few significant competitors and is only moderately competitive. Some of the players now control the market in terms of market share. However, new firms are growing their market presence and hence their commercial footprint across the rising economies as a result of the progress in 4G & 5G services.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to the global cloud radio access network market report analysis, by architecture, the centralised segment was estimated to have the largest share of the market due to advancements in wireless, optical, and IT communication technologies. By component, the infrastructure segment held the largest share of market. Region-wise, the Asia Pacific dominated the market, followed by North America.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 20.4 billion |
Market size value in 2032 | USD 199.01 billion |
Growth Rate | 28.8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Cloud Radio Access Network (C-RAN) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cloud Radio Access Network (C-RAN) Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cloud Radio Access Network (C-RAN) Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cloud Radio Access Network (C-RAN) Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Cloud Radio Access Network (C-RAN) Market size was valued at USD 17.2 billion in 2023 and is poised to grow from USD 20.85 billion in 2024 to USD 97.06 billion by 2032, growing at a CAGR of 21.2% during the forecast period (2025-2032).
The cloud radio access network market has a few significant competitors and is only moderately competitive. Some of the players now control the market in terms of market share. However, new firms are growing their market presence and hence their commercial footprint across the rising economies as a result of the progress in 4G & 5G services. 'Huawei Technologies (China) ', 'Ericsson (Sweden) ', 'Nokia Networks (Finland) ', 'Cisco Systems (United States) ', 'Samsung Electronics (South Korea) ', 'ZTE Corporation (China) ', 'Intel Corporation (United States) ', 'NEC Corporation (Japan) ', 'Fujitsu (Japan) ', 'Qualcomm Technologies (United States) ', 'Hewlett Packard Enterprise (HPE) (United States) ', 'Broadcom (United States) ', 'Viavi Solutions (United States) ', 'Juniper Networks (United States) ', 'Amdocs (United States) ', 'Rakuten (Japan) ', 'Comba Telecom (China) ', 'Airspan Networks (United States)'
For the purpose of improving their service capabilities, many telecom companies are adopting 5G services. In the following years, many regions are anticipated to quickly adopt 5G services. Investments in C-RAN are anticipated to increase as a result of the current competition for supremacy in 5G delivery. The anticipated benefits of 5G include high bandwidth and low latency. Massive capacity users are one of the networking needs that 5G meets, and as a result, there are a lot of connectivity issues. The effective use of spectrum and network resources to lower Total Cost of Ownership is another issue that needs to be addressed (TCO). In the upcoming years, there will likely be a rise in demand for C-RAN network solutions and services due to the growing demand for 5G network technology.
Increase in internet usage: There is a challenge for telecom players to meet the ever-increasing customer expectations, such as low latency, high bandwidth, and more uptime, in order to survive the competition in the market. However, the increased internet connectivity around the world has created a new opportunity for telecom service providers to increase their revenue. Players in the telecom industry are making significant investments to seize this new chance. The C-RAN industry is expanding as a result of telecom companies' growing infrastructure investments.
Asia Pacific accounted for the significant market share for C-RAN technology in 2022 which was followed by North America. Growth is projected to be fueled in the upcoming period too by factors including the increasing C-RAN architecture deployment as part of an initiative to commercialise 5G in nations like China, Japan, and South Korea. Additionally, South Korean mobile carriers and service providers declared in April 2019 that they will split the cost of developing a 5G infrastructure. In order to offer early 5G commercialization, the South Korean government is also backing these network providers.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG45A2046
[email protected]
USA +1 351-333-4748