Radio Access Network Global Market Report 2024

Description

A radio access network (RAN) is a pivotal component of a mobile telecommunications system, facilitating the connection of individual devices to the core network via wireless links. Comprising radio base stations and associated equipment, the RAN communicates wirelessly with user devices through the air interface. Its primary function is to ensure widespread wireless coverage and sufficient capacity, thereby empowering mobile operators to deliver services effectively and efficiently to their users.

The primary components of a radio access network (RAN) are infrastructure and software. RAN infrastructure encompasses the network elements responsible for linking user devices, such as smartphones and tablets, to the core network of a mobile telecommunications system. This infrastructure utilizes various technologies including 2G, 3G, 4G, and 5G, and can be deployed in centralized radio access network (C-RAN) or distributed radio access network (D-RAN) architectures, catering to both residential and enterprise end users.

The radio access network market research report is one of a series of new reports from The Business Research Company that provides radio access network market statistics, including radio access network industry global market size, regional shares, competitors with a radio access network market share, detailed radio access network market segments, market trends and opportunities, and any further data you may need to thrive in the radio access network industry. This radio access network market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The radio access network market size has grown rapidly in recent years. It will grow from $18.72 billion in 2023 to $21.33 billion in 2024 at a compound annual growth rate (CAGR) of 14.0%. The growth observed during the historical period can be attributed to several factors, including heightened investments in smart technologies, rising demand for wireless connectivity, increasing adoption of cloud radio access networks (C-RAN), growing usage of mobile devices, and the expanding deployment of distributed antenna systems (DAS).

The radio access network market size is expected to see rapid growth in the next few years. It will grow to $36.51 billion in 2028 at a compound annual growth rate (CAGR) of 14.4%. The anticipated growth in the forecast period is expected to be driven by various factors, including the continuous increase in mobile data traffic, growing demand for high-speed internet access, rising popularity of mobile broadband services, and the expanding applications of IoT, automotive, and consumer electronics. Additionally, the increasing adoption of cloud-based radio access networks is projected to contribute to this growth. Key trends expected in the forecast period include the widespread adoption of advanced technologies such as 5G, the implementation of enhanced security protocols in radio access networks (RAN), continuous technological advancements, improvements in radio resource management (RRM), and the integration of advanced antenna technologies.

The anticipated surge in mobile data traffic is poised to drive the growth of the radio access network market in the foreseeable future. Mobile data traffic involves the transmission of digital information over cellular networks, including activities such as internet browsing, app usage, and media streaming accessed via mobile devices. This increase is attributed to various factors, including the widespread adoption of smartphones, the rising popularity of data-intensive applications, and the expansion of high-speed mobile networks. Radio access networks play a pivotal role in accommodating this growth by implementing infrastructure enhancements, such as advanced antennas and base stations, to support faster data speeds and broader network coverage. Notably, data from the Cellular Telecommunications Industry Association indicates a substantial increase in U.S. cellular networks' data traffic volume in 2022, underscoring the significant impact of escalating mobile data traffic on driving the expansion of the radio access network market.

Key players in the radio access network market are focused on leveraging advanced technologies, such as radio access network compute silicon, to enhance network functionality and performance. Radio access network compute silicon comprises specialized hardware components designed to execute computing tasks within the radio access network infrastructure. For instance, Telefonaktiebolaget LM Ericsson introduced RAN compute silicon in November 2023, tailored to support demanding 5G-advanced and enhanced artificial intelligence (AI) algorithms. This portfolio encompasses high-capacity processors and energy-efficient routers, designed to facilitate Open RAN deployments and equipped with built-in intelligence for AI analytics and automation. By offloading compute-intensive tasks and enabling accelerated processing within the Radio Access Network infrastructure, radio access network compute silicon enhances network performance, security, and efficiency.

In March 2021, Nokia Corporation, a Finland-based telecommunications company, forged a strategic partnership with Microsoft Corporation, a US-based technology giant. This partnership aims to drive innovation and enhance opportunities for consumers, carriers, and developers by leveraging the combined assets and expertise of both organizations. Microsoft Corporation, known for its software, consumer electronics, and personal computers, collaborates with Nokia Corporation to explore new avenues for technological advancement and market growth within the telecommunications sector.

Major companies operating in the radio access network market are Samsung Electronics Co. Ltd., Verizon Communications Inc., AT&T Inc., Huawei Technologies Co. Ltd., Cisco Systems Inc., Qualcomm Technologies Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Cap Gemini SA, ZTE Corporation, CommScope Holding Company Inc., Juniper Networks Inc., Ciena Corporation, Fujitsu Limited, Infinera Corporation, NEC Corporation, Huber+Suhner AG, Ceragon Networks Ltd., Aviat Networks Inc., Cambium Networks Corporation, Parallel Wireless Inc., Airspan Networks Inc., Askey Computer Corp., Alpha Wireless Ltd., Baicells Technologies Co. Ltd

North America was the largest region in the radio access network market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the radio access network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the radio access network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The radio access network market consists of revenues earned by entities by providing services such as network planning, design, installation, optimization, maintenance, and support for wireless communication infrastructure. The market value includes the value of related goods sold by the service provider or included within the service offering. The radio access network (RAN) market also includes sales of base stations, antennas, and amplifiers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Including: 1) By Component: Infrastructure; Software
2) By Technology: 2G; 3G; 4G; 5G
3) By Architecture: Centralized Radio Access Network (C-RAN); Distributed Radio Access Network (D-RAN)
4) By End User: Residential; Enterprise
Covering: Samsung Electronics Co. Ltd; Verizon Communications Inc.; AT&T Inc.; Huawei Technologies Co. Ltd; Cisco Systems Inc.

Product Code: r17426

1. Executive Summary

2. Radio Access Network Market Characteristics

3. Radio Access Network Market Trends And Strategies

4. Radio Access Network Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Radio Access Network Market Size and Growth

5.1. Global Radio Access Network Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Radio Access Network Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Radio Access Network Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Radio Access Network Market Segmentation

6.1. Global Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Infrastructure
Software
6.2. Global Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
2G
3G
4G
5G
6.3. Global Radio Access Network Market, Segmentation By Architecture, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Centralized Radio Access Network (C-RAN)
Distributed Radio Access Network (D-RAN)
6.4. Global Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Residential
Enterprise

7. Radio Access Network Market Regional And Country Analysis

7.1. Global Radio Access Network Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Radio Access Network Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Radio Access Network Market

8.1. Asia-Pacific Radio Access Network Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Radio Access Network Market

9.1. China Radio Access Network Market Overview
9.2. China Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Radio Access Network Market

10.1. India Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Radio Access Network Market

11.1. Japan Radio Access Network Market Overview
11.2. Japan Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Radio Access Network Market

12.1. Australia Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Radio Access Network Market

13.1. Indonesia Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Radio Access Network Market

14.1. South Korea Radio Access Network Market Overview
14.2. South Korea Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Radio Access Network Market

15.1. Western Europe Radio Access Network Market Overview
15.2. Western Europe Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Radio Access Network Market

16.1. UK Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Radio Access Network Market

17.1. Germany Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Radio Access Network Market

18.1. France Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Radio Access Network Market

19.1. Italy Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Radio Access Network Market

20.1. Spain Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Radio Access Network Market

21.1. Eastern Europe Radio Access Network Market Overview
21.2. Eastern Europe Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Radio Access Network Market

22.1. Russia Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Radio Access Network Market

23.1. North America Radio Access Network Market Overview
23.2. North America Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Radio Access Network Market

24.1. USA Radio Access Network Market Overview
24.2. USA Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Radio Access Network Market

25.1. Canada Radio Access Network Market Overview
25.2. Canada Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Radio Access Network Market

26.1. South America Radio Access Network Market Overview
26.2. South America Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Radio Access Network Market

27.1. Brazil Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Radio Access Network Market

28.1. Middle East Radio Access Network Market Overview
28.2. Middle East Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Radio Access Network Market

29.1. Africa Radio Access Network Market Overview
29.2. Africa Radio Access Network Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Radio Access Network Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Radio Access Network Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Radio Access Network Market Competitive Landscape And Company Profiles

30.1. Radio Access Network Market Competitive Landscape
30.2. Radio Access Network Market Company Profiles
- 30.2.1. Samsung Electronics Co. Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Verizon Communications Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. AT&T Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Huawei Technologies Co. Ltd.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Cisco Systems Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Radio Access Network Market Other Major And Innovative Companies

31.1. Qualcomm Technologies Inc.
31.2. Nokia Corporation
31.3. Telefonaktiebolaget LM Ericsson
31.4. Cap Gemini SA
31.5. ZTE Corporation
31.6. CommScope Holding Company Inc.
31.7. Juniper Networks Inc.
31.8. Ciena Corporation
31.9. Fujitsu Limited
31.10. Infinera Corporation
31.11. NEC Corporation
31.12. Huber+Suhner AG
31.13. Ceragon Networks Ltd.
31.14. Aviat Networks Inc.
31.15. Cambium Networks Corporation

32. Global Radio Access Network Market Competitive Benchmarking

33. Global Radio Access Network Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Radio Access Network Market

35. Radio Access Network Market Future Outlook and Potential Analysis

35.1 Radio Access Network Market In 2028 - Countries Offering Most New Opportunities
35.2 Radio Access Network Market In 2028 - Segments Offering Most New Opportunities
35.3 Radio Access Network Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer