Global Radio Access Network Market is expected to reach USD 15.23 billion by 2025 from USD 8.53 billion in 2017 and is projected to grow at a CAGR of 9.1% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The global radio access network market has been segmented on the basis of communication, infrastructure, connectivity technology and deployment location. In terms of communication infrastructure, small cell is expected to hold the largest share of the market. The small cell is mostly applicable in network operators to address the need for high-speed data transfer and improve the quality of services. Small cells will help increase the network capacity and therefore, aid in network densification. Nowadays, 5G connectivity technology is expected to hold the largest size of the radio access network market.
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Competitive Analysis: Global Radio Access Network Market
The global radio access network market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes Power electronics market shares of market for global, Europe, North America, Asia Pacific and South America.
Key Players: Global Radio Access Network Market
The renowned players in HUAWEI Technologies Co. , Telefonaktiebolaget LM Ericsson , Nokia , ZTE Corporation., SAMSUNG, NEC Technologies India Private Limited, Qualcomm Technologies, Inc, Intel Corporation, FUJISTU, Juniper Networks, Inc., Hewlett Packard Enterprise Development LP, Corning Incorporated, Verizon, Airspan, Qorvo, Inc, LG Electronics, Huber+Suhner and many more.
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Market Segmentation: Global Radio Access Network Market
The market is based on communication infrastructure, connectivity technology, deployment location and geographical segments.
- Based on communication infrastructure, the market is segmented into small cell, macro cell, RAN equipment, DAS.
- Based on connectivity technology, the market is segmented into 2G, 3G, 4G/LTE, 5G.
- Based on deployment location, the market is segmented into urban, rural, residential, retail stores.
- Based on geography North America, South America, Europe, Asia-Pacific and Middle East & Africa.
Market Drivers and Restraints:
- Rising demand of mobile data tariff.
- Acceptance of latest technologies like smart phones.
- Rising demand for network infrastructure.
- Delay in spectrum allocation.
- Rising of different products with lot of specifications .
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