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Radio Access Network Market Size
- Report ID: GMI4390
- Published Date: Oct 2019
- Report Format: PDF
Radio Access Network Market Size
Radio Access Network Market size surpassed USD 9 billion in 2018 and is poised to grow at over 5% CAGR between 2019 and 2025. The rising demand for improved cellular coverage in increased cellular and IoT devices will drive the market growth.
The growing cellular devices are generating a huge amount of data traffic that enables telecom operators to deploy advanced radio access network solutions to handle this massive data traffic. The rising adoption of Network Function Virtualization (NFV) and Software Defined Networking (SDN) in network infrastructure is also supporting the radio access network market expansion. The supportive government initiatives to improve the telecom infrastructure is also helping in the growing demand for radio access network solutions.
The commercialization of next generation 5G network is enabling telecom companies to deploy advanced network solutions that support the 5G network. The enhanced speed and bandwidth capabilities of the 5G network needs advanced networking solutions to provide highly reliable communication services. The major technology solution providers are strategically collaborating with other technology companies to develop innovative radio access network solutions to support 5G technology.
| Report Attribute | Details |
|---|---|
| Base Year: | 2018 |
| Radio Access Network Market Size in 2018: | USD 10 Billion |
| Forecast Period: | 2019 to 2025 |
| Forecast Period 2019 to 2025 CAGR: | 5% |
| Historical Data for: | 2014 to 2018 |
| No. of Pages: | 280 |
| Tables, Charts & Figures: | 533 |
| Segments covered: | Component, Connectivity Technology, Deployment Region, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Radio Access Network Market Scope
