Market Analysis and Insights: Global Radio Access Network Market
A radio access network (RAN) is part of a mobile telecommunication system. It implements a radio access technology. Conceptually, it resides between a device such as a mobile phone, a computer, or any remotely controlled machine and provides connection with its core network (CN). Depending on the standard, mobile phones and other wireless connected devices are varyingly known as user equipment (UE), terminal equipment, mobile station (MS), etc. RAN functionality is typically provided by a silicon chip residing in both the core network as well as the user equipment.
The global Radio Access Network market size is projected to reach US$ 11790 million by 2028, from US$ 8169.8 million in 2021, at a CAGR of 4.9% during 2022-2028.
Of all the regions, North America held the largest size of the global radio access network in 2017 owing to its technological advancement, early adoption of 4G-enabled smartphones, and automation in various sectors of the country. The radio access network market in APAC is expected to grow at the highest CAGR between 2018 and 2023, and the growth of the market in APAC is attributed to the increasing number of devices connected with the advanced technologies such as the Internet of Things (IoT) and machine-to-machine communication, high consumer base, and major investments by the global players in the region.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Radio Access Network market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Radio Access Network market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Radio Access Network market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Radio Access Network market.
Global Radio Access Network Scope and Market Size
Radio Access Network market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Radio Access Network market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
2G
3G
4G/LTE
5G
Segment by Application
Dense Area Urban
Enterprise
Public Venue Environments
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Huawei
Ericsson
Nokia Networks
ZTE
Samsung
NEC
Cisco
Qualcomm
Intel
Fujitsu
Juniper Networks
Hewlett Packard Enterprise (HPE)
AT&T
Verizon Communications
Huber+Suhner
Commscope
Airspan Networks
Qorvo
LG Electronics