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Cloud Radio Access Network (C-RAN) Market Share

Report ID: GMI6327
Published Date: Jul 2023
Report Format: PDF

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Cloud Radio Access Network (C-RAN) Market Share

Major companies operating in the cloud radio access network (C-RAN) market are

Cisco Systems, Inc.
Telefonaktiebolaget LM Ericsson
Fujitsu Limited
Huawei Technologies Co., Ltd
Mavenir Systems, Inc.
NEC Corporation
Samsung Electronics Co., Ltd.
Nokia Corporation
ZTE Corporation

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of cloud radio access network (C-RAN) was reached USD 9.6 billion in 2022 and is set to witness over 20% CAGR from 2023 to 2032, due to the accelerating 5G deployment worldwide.

The solution component segment held over 60% of the market share in 2022, driven by the rising need for more efficient 5G deployment for enhancing network capacity and coverage.

North America market accounted for over 30% of the revenue share in 2022, owing to the strong presence of major telecom players, such as Verizon and AT&T.

Some of the major cloud radio access network companies include Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Fujitsu Limited, Huawei Technologies Co., Ltd, Mavenir Systems, Inc., NEC Corporation, Samsung Electronics Co., Ltd., Nokia Corporation, and ZTE Corporation.