The vRAN (Virtualized Radio Access Network) market is expected to witness a 125% CAGR between 2017 and 2020, states a new report published by MarketResearchReports.biz.
Albany, NY -- (SBWIRE) -- 07/05/2017 -- The report is titled, "The vRAN (Virtualized Radio Access Network) Ecosystem: 2017 - 2030 - Opportunities, Challenges, Strategies & Forecasts." According to the report, the vRAN deployments will be worth U$2.6 bn by 2020. The vRAN market is at its nascent stage. Most of the investments by market players are concentrated on virtualized small cells. Virtualized small cells can be used for targeted Greenfield deployments and also for pilot engagements for macrocell coverage. With increasing realization of the advantages of RAN virtualization, the global vRAN market is expected to witness very high growth in the next three years. Some of the companies mentioned in the report are: Altiostar Networks, Broadcom, Amarisoft, Vodafone Italy, Argela, IEEE, and Aricent.
In vRAN, some or all of the baseband functions are separated from remote radio unit and run as virtualized network functions (VNFs) on commodity hardware. This has various operational benefits, which are in turn boosting the global vRAN ecosystem market. Some of these benefits include scalability, performance gains, and total cost of ownership reduction. Additionally, vRAN will allow operators to upgrade their current networks to 5G. Mobile operators are investigating multiple baseband functional split alternatives for the implementation of vRAN so that they can easily transit to 5G networks and reduce cost. It is estimated that the ongoing 5G race will significantly drive the investments in the vRAN market and thus over US$900 mn vRAN investments are expected to be directed towards 5G networks by 2020.
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The report is a detailed reports of the various factors driving and restraining the global vRAN market. It also studies the recent trends that have shaped the global vRAN industry. The future opportunities in the market are also revealed and studied in detail. The challenges faced by market players and the role played by various macroeconomic factors are also studied. The market is segmented on the basis of key criteria and these segments and sub-segments are studied in much detail. The most promising segment and the segment which will witness sluggish growth have also been discussed so that potential investors in the market get an idea over which segments to put their money on, for earning maximum profits. The market is studied both on a global level as well as on regional levels.
The global vRAN market is segmented on the basis of air interface technology, sub markets, and deployment model. vRAN Radio Units and vBBUs (virtualized baseband units) are the submarkets of vRAN ecosystem. By air interface technology, the market is segmented into LTE and 3G and 5G NR (New Radio). On the basis of deployment model, the market is bifurcated into virtualized small cells and virtualized macrocells.
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