In the current scenario with continuous technological advancements, mobile operators are facing strong competition and are struggling to maintain their profitability. As there is a tremendous increase in the mobile traffic and consumer is demanding for high quality mobile data services, there exists a critical need for a cloud-based access network solution. In order to enhance the performance of system and reduce the cost associated with it, mobile operators are shifting their mindsets from the traditional Radio Access Network (RAN) architecture to the Cloud RAN architecture. Cloud RAN offers a cost-effective solution to the communication industry, with which the mobile operators are able to make profitable growth.
In the current scenario with continuous technological advancements, mobile operators are facing strong competition and are struggling to maintain their profitability. As there is a tremendous increase in the mobile traffic and consumer is demanding for high quality mobile data services, there exists a critical need for a cloud-based access network solution. In order to enhance the performance of system and reduce the cost associated with it, mobile operators are shifting their mindsets from the traditional Radio Access Network (RAN) architecture to the Cloud RAN architecture. Cloud RAN offers a cost-effective solution to the communication industry, with which the mobile operators are able to make profitable growth.
Cloud RAN market is driven by forces such as increasing mobile data traffic, increasing supply of low priced smart phones, proliferation of mobile broadband and technological advancements. MarketsandMarkets analyzes the offerings that exist in the Cloud RAN market, along with the major players involved. The geographical regions highly impact Cloud RAN market, as availability of fiber plays an important part in Cloud RAN adoption. MarketsandMarkets expects the Asia Pacific region to experience the highest spending in the Cloud RAN space, as majorly Asian mobile operators are already in the R&D and testing phases of Cloud RAN solutions.
MarketsandMarkets’ provides in-depth analysis and insights in its latest research report, “Cloud Radio Access Network (Cloud RAN) Market: Global Advancements, Opportunities, Worldwide Market Forecast and Analysis (2013-2018)” report, which is now available for sale. Introduction of Cloud RAN has begun to revolutionize the telecommunication industry, by presenting a cost-effective and high performance solution over traditional access networks. The market for Cloud RAN is expected to experience a rather significant growth in the coming years.
Related Report:
Cloud RAN Market (Radio Access Network) - by Components (Remote Radio Units, Optical Transport Network, BBU, Processors, Servers, Test & Measurement), by Services (Integration, Network) - Worldwide Market Forecasts and Analysis (2013 - 2018)
https://www.marketsandmarkets.com/Market-Reports/cloud-radio-access-network-ran-market-1001.html
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