|[August 26, 2013]
Cloud RAN Market (Radio Access Network) Worth $11.31 Billion by 2018 Forecasted in MarketsandMarkets Recent Report
DALLAS --(Business Wire)--
The report "Cloud RAN Market (Radio Access Network) - by Components
(Remote Radio Units, Optical Transport Network, BBU, Processors,
Servers, Test & Measurement), by Services (Integration, Network) -
Worldwide Market Forecasts and Analysis (2013 - 2018)" by
MarketsandMarkets, defines and segments the Cloud RAN market into
various segments with an in-depth analysis and forecasting of revenues.
The report also identifies the factors driving this market, various
restraints, challenges and opportunities impacting it along with the
Browse 82 Market Data Tables, 54 Figures, 211 pages & in-depth Table
of Content on "Cloud RAN Market (Radio Access Network)"
With the swift and continuous advancements in technology, the
telecommunication industry is experiencing tremendous changes. The
mobile operators have initiated an eco-friendly and centralized
approach, Cloud RAN, in order to deliver quality mobile services to
consumers, while maintaining their own profitability. Cloud RAN offers
benefits over the traditional RAN systems and is an alternative approach
for data transport in mobile communication.
MarketsandMarkets broadly segments the Cloud RAN Market (Radio
Access Network) by type of components used in the architecture:
Remote Radio Heads (RRHs), Baseband Units (BBUs), Optical Transport
Network (OTN), processors, servers and test & measurement equipment; by
services being offered: network services, system integration & custom
services; and by geographical regions: North America (NA), Europe (EU),
Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LA).
MarketsandMarkets expects the global Cloud RAN market is expected to
grow from $1.71 billion in 2013 to $11.31 billion in 2018. This
represents a Compound Annual Growth Rate (CAGR) of 45.9% from 2013 to
2018. MarketsandMarkets expects Asia Pacific to hold the largest market
for Cloud RAN, in terms of geographical territories, and over the next
five years, it is expected to experience the highest spending in the
Cloud RAN space.
MarketsandMarkets is a global market research and consulting company
based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500
companies across the world.
Source (News - Alert): http://www.marketsandmarkets.com/PressReleases/cloud-radio-access-network-ran.asp
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