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Cloud RAN Market (Radio Access Network): Worldwide Market Forecasts and Analysis 2013-2018

Global cloud RAN market: $11.3 billion industry forecast by 2018


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2014-01-24 14:37:01 - Cloud RAN Market (Radio Access Network): Worldwide Market Forecasts and Analysis 2013-2018 - a new market research report on companiesandmarkets.com

The global cloud RAN market (Radio Access Network) is suggested to have reached a value of around $1.71 billion at the beginning of 2013, and is forecast to grow to a total of $11.31 billion in 2018. This suggests a CAGR growth rate of around 45.9% between 2013 and 2018.

Cloud RAN (Radio Access Network) proposes a revolutionary move towards the deployment and management of next generation cellular networks. It has been witnessed that the revenue growth in mobile communications has been slow, as opposed to the surging mobile internet traffic, thereby forcing communications providers, network equipment manufacturers and the entire telecom ecosystem to diversify its products and offerings. As the incumbent infrastructure remains under-utilized with heavy investments at stake, mobile

 

 

equipment providers are now turning to the cloud for enhanced efficiency and productivity of the traditional infrastructure.

Cloud RAN offers cost effective solutions to mobile operators, by consolidating the processing of base stations into single server farms, thereby providing an alternative approach to the current standards, at a lower cost. With increasing investments and surging interest from the entire cloud and telecom ecosystem, Cloud Radio Access Network is expected to grow at a rapid pace in the coming years. Major players in this market include Intel, Ericsson, Huawei, Nokia Siemens Network (NSN), Alcatel-Lucent and China Mobile, amongst many other major vendors.

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