The global radio access network market, estimated at $35.3 billion in 2022, is projected to witness significant growth, reaching a size of $51.7 billion by 2030. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 4.9% during the analysis period from 2022 to 2030.
In today's rapidly evolving global business landscape, staying informed about industry trends and market dynamics is crucial. Within the radio access network (RAN) sector, the global market is experiencing substantial growth. To navigate and succeed in this dynamic environment, the Radio Access Network Market Research Report serves as a valuable resource, providing comprehensive insights into market dynamics, competitive landscapes, challenges, and opportunities.
The report highlights a market set for robust expansion in key regions, including the United States, China, Japan, Canada, and Germany. It presents in-depth analysis of segments such as small cells and macro cells. Notably, the small cells segment is projected to achieve a remarkable 13.9% Compound Annual Growth Rate (CAGR), reaching $14.6 billion by the end of the analysis period, while the macro cells segment is estimated to experience growth at a 3.4% CAGR over the next eight years.
Key Market Players (Total 64 Featured):
Artiza Networks, Inc.
Cisco Systems, Inc.
Compal Electronics, Inc.
Fujitsu Limited
Huawei Technologies Co., Ltd.
Intel Corporation
NEC Corporation
Nokia Corp.
Qualcomm Technologies, Inc.
Rakuten Symphony Singapore Pte. Ltd.
Samsung Electronics Co., Ltd.
Telefonaktiebolaget LM Ericsson
VMware, Inc.
ZTE Corporation
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Radio Access Network: A Bright Building Block of Wireless Telecommunication
Global Economic Update
World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
From Pandemic to War & Inflation: "Subdued Outlook for 2023 Despite Signs of Easing Inflationary Conditions"
Here's How Inflationary Pressures Affect the Economy
What's Causing Inflationary Pressures in the Global Market
Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of Inflationary Pressures: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
COVID-19 Pandemic Creates Volatile Landscape for 5G RAN Market
Global Market Outlook
Factors Influencing Growth Trajectory of RAN Market
RAN Market to Witness Slower Growth
5G Network Technology and Small Cell: Segments Powering Growth of RAN Market
Asia-Pacific Maintains Lead on Global Radio Access Network Market
Competition
Radio Access Network (RAN) - Global Key Competitors Percentage Market Share in 2023 (E)
Global 5G RAN Market-Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rising Demand for Wireless Broadband Services with High-Capacity and Fast Networks to Boost Growth
Global Mobile Data Traffic in Exabytes Per Month for 2020, 2023 and 2026
Growing Number of Internet Users Primes the World for the Networking Age: Number of Internet Users Worldwide (In Million) for Years 2015, 2017, 2019, 2021 and 2023
Breakdown of Network Latency (in Milliseconds) by Network Type
Ubiquitous Smartphone Ownership and Surging Demand for High-Speed Data Communications Present Growth Potential
Global Shipments of Smartphones (in Million Units) for 2020 through 2025
Global Mobile Data Traffic Per Smartphone (in GB per Month) by Region/Country for 2022 and 2028
Market to Benefit from Increased Network Densification
Continuous Investments into 5G Network Technology to Drive Market Gains
Global 5G Infrastructure Spending (In US$ Million) for Years 2019 through 2023
5G RAN Market Enjoys High-Speed Journey on Digital Highway
Modernization of RAN Imperative for Proliferation of 5G Network Technology
6G Massive RAN to Proliferate with the Help of AI-Enabling Technologies
4G/LTE & Its Impact on Mobile Communication Networks Influences Market Dynamics
Global Mobile Network Technology Mix (%) for 2021 and 2025
Mobile Network Technology Mix by Region/Country: 2023E
Rise in Private LTE Networks Augurs Well for the Market
Open RAN Set to Emerge as the Future of Networking
Despite Slow Advances Globally, Japan Remains an Exception in Open RAN Implementations
Major Challenges in Implementation of Open RAN
vRAN: A Scalable and Flexible Approach to RAN Deployment
C-RAN: Opportunities and Challenges for the Future
Increasing Use of IoT and Internet-Connected Smart Devices Enhances Need for RAN Solutions to Ensure Network Densification
Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
Rapid Pace of Urbanization to Enhance Need for RANs
World Urban Population in Thousands: 1950-2050P
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050
Focus on Indoor Coverage Enhances Focus on Network Capacity Improvements through RANs
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