Ocean View, DE -- (SBWire) -- 05/13/2020 --The APAC Radio Access Network market is anticipated to witness significant growth in the forthcoming years, particularly owing to the wide-scale adoption of radio access solutions in several developing APAC countries. The increasing adoption of RAN solutions is being attributed to growing investments in telecom sector across several developing nations, including South Korea and China.
For instance, a $4.4 billion investment plan was announced by China Mobile back in June of 2019 to construct 50,000 5G base stations across China by the end of 2019. The ambitious plan supports the company's grand strategy that aims to rollout 5G across 50 cities.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4390
Radio Access Network Market is expected to exceed USD 15 billion by 2025. The growing smartphone penetration across the world is resulting in the adoption of radio access solutions to improve network coverage.
Some of the major findings of the Radio Access Network Market report include:
- The demand for commercialization of next-generation 5G network, increasing the demand for advanced RAN solutions
- The proliferation in smart city development projects in Asia Pacific and the MEA is expected to drive radio access network market growth
- Growing investments in the telecom sector across Europe are enabling companies to developed advanced radio access solutions to support the changing network demands
- The adoption of Software Defined Networking (SDN) and Network Function Virtualization technologies across enterprises is enabling them to deploy advanced network solutions to extend and improve network coverage
- Major players operating in the market are Huawei Technologies Co., Ltd., ZTE Corporation, Nokia Networks, Samsung Electronics Co., Ltd., and NEC Corporation
- Companies are focusing on delivering 5G radio access solutions to accelerate the commercialization of 5G network and gain a competitive advantage
The increase in the number of cellular subscribers across the world is resulting in growing data traffic over traditional cellular networks. The traditional telecom infrastructure is facing challenges in handling huge data traffic, enabling telecom operators to shift to advanced RAN solutions. The rising adoption of IoT and Bring Your Own Device (BYOD) trends is another factor fueling the demand for RAN solutions to provide better network coverage in smart homes and offices.
The lack of standardization in spectrum allocation may hamper market growth as network solution providers need to develop their solutions in compliance with spectrum allocation of a specific country. Large investments involved in spectrum auctions for the allocation of specific spectrum bands for companies to operate in different countries are restricting radio access network market growth.
Macro cells are preferred by enterprises to provide cellular coverage over large areas. Macro cells are used to provide cellular coverage for distant rural places where the development of telecom infrastructure is complex and requires huge investments. Major telecom companies are partnering with other design and engineering companies to develop LTE macro cell solutions. For instance, in January 2019, CommAgility, a leading wireless telecom group, partnered with Aricent, a global design and engineering company, to develop LTE eNodeB solutions for network equipment providers. This partnership helped the company to support the changing requirements of network equipment providers for accelerating the development of the 5G network.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/4390
Rising investments in the telecom sector in developing countries including China and South Korea are supporting the adoption of radio access solutions in the APAC region. For instance, in June 2019, China Mobile announced a USD 4.4 billion investment plan to build 50,000 5G base stations in the country before the end of 2019 to support its ambitious 5G rollout plan in 50 cities. Government authorities are investing in the development of IT infrastructure to accelerate digitalization in the region.
The companies are focusing on trials of 5G network to accelerate the deployment of 5G network to match the changing network demands. The companies operating in the radio access network market are partnering with major telecom companies to develop advanced radio access solutions. Many companies are supplying radio access equipment to major telecom operators to develop their 5G telecom infrastructure. For instance, in July 2019, Nokia Networks partnered with NTT DOCOMO to supply radio units for NTT Docomo's 5G infrastructure. This partnership helped the company to test its RAN equipment in 5G network.
Table of Contents (ToC) of the report:
Chapter 6. RAN Market, By Connectivity Technology
6.1. Key trends, by connectivity technology
6.2. 2G
6.2.1. Market estimates and forecast, 2014 – 2025
6.3. 3G
6.3.1. Market estimates and forecast, 2014 – 2025
6.4. 4G/LTE
6.4.1. Market estimates and forecast, 2014 – 2025
6.5. 5G
6.5.1. Market estimates and forecast, 2014 – 2025
Chapter 7. RAN Market, By Deployment Region
7.1. Key trends, by deployment region
7.2. High-density urban area
7.2.1. Market estimates and forecast, 2014 - 2025
7.3. Suburban and rural area
7.3.1. Market estimates and forecast, 2014 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/radio-access-network-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Radio Access Network Market 2020 Competitive Insights Altran, Juniper Networks, Cisco, Huawei, NEC Corporation, Verizon, Qualcomm, Nokia, Reliance Jio USA