The other benefits of the CRAN include reuse of the infrastructure, simplification of the network operations & management, pooling of resources, and reduced energy consumption. C-RAN is specifically beneficial in low-latency network conditions. Moreover, it does not require to rebuild the transport network. However, high-capacity fronthaul requirement and high-cost optical fiber impede the stated market growth. Presently, the interface between remote radio unit (RRU) and baseband unit (BBU) is the major challenge for the implementation of the C-RAN. On the contrary, increase in adoption of cloud-based technologies and innovative service offering from telecom operators are expected to create ample opportunities for market expansion.

The architecture of CRAN consists of the baseband unit (BBU), remote radio heads (RRHs), and common public radio interface (CPRI). C-RAN is the centralized baseband processing of many cells. It features improved performance with the help of its ability to coordinate between cells. Moreover, it serves as a cost-efficient solution, due to the pooling (grouping) of the resources. This is reflected in the architecture of the C-RAN, as all of the baseband unit (BBU) computational resources are combined into a central pool. Remote radio head (RRH) collects the radio frequency signals from the distribution antennas and further transmits it to the cloud platform through a communication interface or transmission network. The aim of the C-RAN architecture is to reduce the number of the cell sites while sustaining similar coverage, which will eventually result in reduced capital expenditure and decreased operating expenses while providing enhanced network services.

Key market players – ZTE Corporation, Altiostar, Nokia Corporation, Cisco Systems, Inc., Samsung Electronics Co Ltd ., Huawei Technologies Co., Ltd., Ericsson AB, NEC Corporation, Fujitsu, and Intel

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Enhanced spectral efficiency, lower total-cost-of-ownership (TCO), reduced operational expenditure (OPEX), convenient 4G & 5G accessibility, high capacity fronthaul requirement, high-cost optical fiber, increase in adoption of cloud-based technologies, and innovative service offering from telecom operators are the significant factors that impact the growth of the global cloud radio access network (C-RAN) market. These factors are anticipated to either drive or hamper the market growth.

The global cloud radio access network (C-RAN) market is segmented based on deployment, network, component, and region. Based on deployment, the market is divided into indoor and outdoor. By network, it is classified into 3G and LTS & 5G. Depending on component, it is fragmented into infrastructure, solution, and services. According to infrastructure, it is classified into remote radio units, baseband units, and fronthaul. On the basis of service, the market is divided into consulting, design & deployment, maintenance & support, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report offers key drivers that propel the growth in the global market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

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Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

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