Radio Cloud Access Network Market to Grow at Nearly 11% CAGR through 2025, North America to be the Largest Market

ALBANY, USA, 2018-May-11 — /EPR Network/ —The shift to radio cloud access networks continues unabated, according to a new research study added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). The report, titled, “Cloud Radio Access Network (C-RAN) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025” projects the global cloud radio access network market to grow at nearly 11% CAGR through 2025.

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The research study offers in-depth analysis and insights on the key factors that are driving the growth of the radio cloud access network market. According to the report, escalating demand for 4G and 5G content is one of the key factors that is driving the adoption of radio cloud access networks. The components used in the radio cloud access network infrastructure enable reduction in energy spending, while boosting efficiency.

Although the report has a positive outlook on the radio cloud access network market, complying with ambiguous regulations and challenges encountered in terms of cell clustering can impede the growth of the market during the assessment period. The pervasive and industry-wide trend of adopting cloud technology will continue to create growth opportunities for key players in the market.

The report offers in-depth analysis and insights on the regional developments in the market. According to the report, North America will continue to be the leading market for radio cloud access network market, with the US at the forefront of adoption. North America has some of the leading LTE subscriptions (nearly 80%), and it is highly likely that proliferation of these systems will lead to growth in the region.

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In addition to North America, Europe and Asia Pacific are the other key markets for radio cloud access network globally. The proliferation of high-speed internet and ubiquity of smartphones has led to the growth of the market in these regions. The report projects Asia Pacific to offer sustained opportunities to the market over the forecast period. For example, in January 2017, Ericsson and China Mobile Research Institute (CMRI) signed a MoU, which will help Ericsson to deploy new service based technologies.

The business intelligence study also offers a detailed analysis on the competitive landscape prevailing in the market. The competitive landscape prevalent in the market offers in-depth analysis on the key business and product strategies in the market. Some of the leading companies in the market include Agilent Technologies, Inc., Intel Corporation, Hitachi Data Systems Ltd., Ceragon Networks Ltd., Aricent Inc., Telco Systems, Huawei Technologies Co., Ltd., Cisco Systems, Inc., Actix International Limited, Nokia Corporation, and ZTE Corporation.

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