PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421732
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1421732
The global cloud-radio access network (C-RAN) market size is expected to reach USD 93.36 billion by 2032, according to a new study by Polaris Market Research. The report "Cloud-Radio Access Network (C-RAN) Market Share, Size, Trends, Industry Analysis Report, By Component (Solution, Services); By Network Type (2G/3G, 4G, 5G); By Deployment; By End-User; By Region; Segment Forecast, 2024- 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market is experiencing significant growth due to the increasing demand for higher network capacity, and improved network performance drives the adoption of C-RAN solutions. With the proliferation of smartphones, IoT devices, and data-intensive applications, traditional distributed radio access network (RAN) architectures face challenges in handling the growing traffic volume. C-RAN offers a centralized architecture where baseband processing is moved to a centralized cloud-based server, enabling more efficient resource allocation, centralized management, and improved scalability. This allows network operators to meet the increasing demands for capacity and coverage while reducing costs and improving overall network performance.
Deploying 5G networks is a major driver for the C-RAN market. 5G networks require higher bandwidth, ultra-low latency, and massive connectivity, which can be effectively addressed by C-RAN architecture. C-RAN allows network operators to virtualize and centralize baseband processing, enabling them to leverage cloud computing and software-defined networking (SDN) technologies to dynamically allocate resources, optimize network performance, and deliver the demanding requirements of 5G.
There is an increasing focus on edge computing in the market. Edge computing involves processing data closer to the network edge, closer to where it is generated, rather than sending it back to a centralized cloud or data center. By leveraging edge computing capabilities, C-RAN can reduce latency and improve the overall user experience, particularly for latency-sensitive applications such as autonomous vehicles, augmented reality, and industrial IoT. Integrating C-RAN with edge computing allows operators to offload processing tasks from the centralized cloud and distribute them to edge servers, enabling faster response times and more efficient utilization of network resources.
Polaris Market Research has segmented the Cloud-Radio Access Network (C-RAN) market report based on component, network type, deployment, end-use, and region: