PUBLISHER: Value Market Research | PRODUCT CODE: 1267344
PUBLISHER: Value Market Research | PRODUCT CODE: 1267344
The global demand for 5G Radio Access Network Market is presumed to reach the market size of nearly USD 65.54 BN by 2030 from USD 11.56 BN in 2022 with a CAGR of 24.22% under the study period 2023 - 2030.
A 5G radio access network (RAN) is a key component of a 5G wireless communication system. It is responsible for transmitting and receiving data between a device (like smartphone) and the core network, which is connected to the internet. The main goal of 5G is to provide faster and more reliable communication than previous generations of wireless networks. It also has lower latency, or delay, than previous generations, making it suitable for applications that require real-time communication, such as autonomous vehicles and industrial automation.
The rise of the 5G radio access network (RAN) is a major development in the field of wireless communication. 5G is the fifth technology of wireless technology, representing a significant improvement over previous generations in terms of speed, capacity, and reliability. Moreover, the increasing demand for high-speed and low-latency communication to support new and emerging technologies, such as the Internet of Things (IoT), virtual and augmented reality, and autonomous vehicles, drives the market growth. Furthermore, the increasing spectrum availability in higher frequency bands, such as millimetre wave (mm wave) frequencies, fuels the market growth. However, the high cost of deployment may limit the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of 5g radio access network. The growth and trends of 5g radio access network industry provide a holistic approach to this study.
This section of the 5g radio access network market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the 5G Radio Access Network market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the 5g radio access network market include Telefonaktiebolaget LM Ericsson, Qualcomm Technologies Inc., Nokia, Intel Corporation, Samsung, Verizon, Cisco Systems, Inc., Huawei Technologies Co. Ltd., VMware Inc., Rakuten Symphony Singapore Pte. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.