The C-RAN Market Size Projected to Generate a Revenue of $85,899.7 Mn by 2031

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The Global C-RAN Market Size is predicted to be valued at $ 85,899.7 million by2031, surging from $11,128.90 million in 2021, at a noteworthy CAGR of 23.4%.

Impact Analysis of COVID-19 on the C-RAN Market

The COVID-19 pandemic posed various hurdles and uncertainties to the telecom industry, including increased geopolitical stress and extra 5G deployment challenges. This epidemic causes tremendous disruption, relocating millions of workers to home offices and students to online courses while increasing demand for video, collaboration, and entertainment services. Furthermore, the trade war, exacerbated by COVID-19, is limiting the number of manufacturers available to implement 5G, adding pressure and uncertainty to operators, increasing lock-in, and impeding innovation. To address these difficulties more effectively, an open radio ecosystem is used to support the move from proprietary end-to-end solutions to an open market of best-of-breed system designs offered by various manufacturers while also providing flexibility in network upgrade, deployment, and swap. This would enable minimizing solution costs and contributing, for instance, to providing broadband connectivity in distant areas. Furthermore, during a pandemic, innovative information technology tools such as the Internet of Things, artificial intelligence, and big data play a critical role in facilitating the protection of people and the improvement of economies.

Global C-RAN Market Analysis

With the growth of mobile internet technologies, carriers such as AT&T and Telcom are under increasing pressure to reduce their operational expenses while boosting their revenue. Such expansion would necessitate an increasing number of base stations to fulfill user needs, which would be prohibitively expensive to deploy and run. A cutting-edge new architecture called cloud radio access network (C-RAN) aims to address these needs by centralizing the base stations and offering a collaborative solution between various operators. In C-RAN, virtual base stations (macro, micro, or small) are gathered in a sizable physical BBU pool where they may readily share channel state information (CSI), data, and signaling for users who are actively using the system. In C-RAN, virtual base stations are aggregated in a big physical BBU pool where they may readily share signaling and data. Channel State Information (CSI)  for users who are currently engaged in the system. These are the major factors anticipated to boost the C-RAN market share during the analysis timeframe.

The security challenge in terms of user privacy and trustworthy institutions is another key challenge in C-RAN. Because resources are shared among BBUs, violating user privacy and gaining access to presumably safe data is a risk, particularly in such a distributed architecture. Furthermore, in C-RANs, including BBUs and RRUs, parties are assumed to be trustworthy. Such presumptions might not be true, particularly given the vast user bases of these platforms. A compromised user can misbehave and threaten the system by taking advantage of such a huge, virtualized system.

The V-RAN (Virtual radio access network) is evolving from the C-RAN concept to the Open-RAN (O-RAN) concept, with a focus on two key pillars: openness and intelligence. Open interfaces are critical for allowing smaller vendors and operators to quickly provide new services, as well as for allowing operators to customize the network to their specific needs. Furthermore, the ability to deploy multivendor V-RANs is enabled by openness, resulting in a more competitive and diverse ecosystem. In addition, open-source software and hardware designs can allow for faster and more efficient innovation and commercial deployment while still retaining backward compatibility with legacy systems. Future wireless systems, such as 5G and beyond 5G, will also become substantially more sophisticated as a result of network densification and richer and more demanding applications. As a result, mobile network operators and providers must self-organize. They should be able to use emerging technologies such as machine learning (ML) and artificial intelligence (AI) to automate operational network activities and reduce operational costs. The telco industry has identified efforts to provide an open, virtualized RAN as the first noteworthy evolutionary step toward 5G.

Global C-RAN Market, Segmentation

The global C-RAN market is segmented based on type, component, network type, deployment, and region.

Type:

The type segment is further classified into Centralized-RAN and Virtualized/Cloud RAN. Among these, the virtualized/cloud ran sub-segment is fastest growing market by 2031. The advancement of Centralized-RAN, when BBU are virtualized, is called Cloud-RAN. irtual BBUs have lower maintenance costs because they are stored in data center storage. These data centers have efficient information sharing and can perform significant computing, which is difficult in today's networks. Cloud C-RAN makes use of a hybrid of virtualization and centralization because it is feasible to virtualize after centralization is accomplished. As a result, all enterprises have already finished or begun the process of centralizing in order to move to C-RAN.

Component:

The component segment is further classified into solutions and services. Among these, the solutions sub-segment accounted for highest revenue share in 2021.  The segment would get a larger revenue share due to the rapid adoption of radio technologies and architecture to meet 5G needs. Due to increased demand for network functions virtualization (NFV) solutions for radio access network visualization to optimize larger and smaller carrier functions, which is expected to fuel C-RAN market growth in the near future. Also, growing investments by mobile operators in efficient deployment are expected to promote segment growth.

Network Type:

The network type segment is further classified into 3G, 4G, and 5G. Among these, the 4G sub-segment accounted for the highest revenue share in 2021. 4G was first announced in 2009. The deployment of RRUs on towers, better backhaul capacity for cells, and centralized BBUs are just a few of the significant developments it has brought about. Multiple input multiple output (MIMO) antennas have been deployed to increase the potential for air interference between towers and user equipment (UE). The maximum fiber link distance for C-RAN architectures based on LTE systems is 20 km between RRUs and BBUs.

Deployment:

The deployment type segment is further classified into outdoor and indoor. Among these, the indoor sub-segment accounted for the highest market growth by 2031. Indoor deployment is anticipated to acquire momentum soon, and the market is anticipated to rise significantly throughout the projection period. In locations such as businesses, homes, and meeting rooms, indoor deployment can provide a better network experience. The installation of this segment might be done in particular offices.

Region:

The C-RAN market in Asia-Pacific is projected to show the fastest growth. The increasing adoption of network function virtualization, software defined technology, and 5 G network infrastructure in the region is likely to contribute to the market growth. For instance, on November 17, 2021, China's Ministry of Industry and Information Technology (MIIT) disclosed plans to more than triple the number of 5G base stations over the following four years, with a goal of reaching 3.64 million by the end of 2025. By the end of 2025, China intends to install 26 5G base stations for every 10,000 residents. In comparison, in 2020, there were five 5G base stations for every 10,000 inhabitants in China.

Key Players in the Global C-RAN Market

Some of the leading C-RAN market players are

• FUJITSU
• ZTE Corporation.
• Intel Corporation
• Telefonaktiebolaget LM Ericsson
• Cisco Systems Inc.
• Huawei Technologies Co. Ltd.
• ASOCS Ltd.
• SAMSUNG
• NEC Corporation
• Nokia