The cellular networks are broadly divided into the radio access network and the core network. The radio access network aids the connection of mobile devices to the core network. The radio access network comprises the hardware devices such as small cells and macro cells, which help establish the wireless network connectivity between various end nodes. It provides a path for communication between the users and external networks/internet. The radio access network market is expected to reach USD 14.99 Billion by 2023 from USD 9.88 Billion in 2018, at a CAGR of 8.7% between 2018 and 2023. The companies are focusing on the development and commercialization of the 5G connectivity technology network to meet the challenges pertaining to insufficient coverage capacity and data communication speeds. 5G is the next-generation wireless broadband technology that would provide high-speed data communications and would address the growing demand for high-speed data communications from the business context.
The radio access network market is highly competitive with a large number of global and local market players. Product launches and developments have been the most prominent strategies followed by the key industry players in the recent years. Moreover, partnerships and collaborations are other major growth strategies followed by the companies in the radio access network market. The key players following these strategies are Huawei (China), NEC (Japan), Nokia Networks (Finland), Ericsson (Sweden), Samsung (South Korea), and ZTE (China), among others.
Huawei (China) is an important player in the radio access network market. Huawei is the frontrunner among the network infrastructure providers, primarily, on the basis of its R&D investment, product portfolio, market perception, and geographic reach. The company has R&D centers in 21 countries including China, the US, Canada, the UK, India, Russia, and Turkey. In terms of key business strategies in the radio access network market, the company focuses on collaboration for its growth, in addition to product launch and continuous enhancements in its existing products along with the investments in R&D. In November 2017, the company announced the launch of the TubeStar, which is a macro base station solution.
Ericsson (Sweden) is another major player in the radio access network market. The company provides high-performing solutions for networks, IT and cloud, and media to the telecom industry. It aims to capture more market share with the transition in the market from 3G to 4G. Moreover, the company aims to strengthen its position in the emerging 5G market. In May 2017, Ericsson and Celcom Axiata Berhad (Malaysia) collaborated to bring the 5G network technology in the Malaysian market. With this collaboration, Ericsson is helping Celcom in the development of the 5G technology.
Radio Access Network Market by Communication Infrastructure (Small Cell, Macro Cell, RAN Equipment, DAS), Connectivity Technology (2G, 3G, 4G/LTE, 5G), Deployment Location (Urban, Rural, Residential, Retail Stores), and Geography - Global Forecast to 2023
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