The global radio access network market size was valued at $17.7 billion in 2018, and is projected to reach $44.7 billion by 2026, growing at a CAGR of 11.3% from 2019 to 2026. The radio access network (RAN) uses radio signals to connect a subscriber’s cellular device to the core wireline network. RAN has been in use since the introduction of cellular technology and since then has been evolving with the evolution of mobile communications.
Small cell communication infrastructure consists of small radio equipment and antennas, which can be placed on structures such as streetlights, sides of buildings, or poles. It is about the size of a pizza box or a backpack and is essential to transmit data to and from a wireless device. These small cells are anticipated to revolutionize next-generation network as these cells transmit data using mid- and high-band spectrum, which would be helpful to strengthen 5G network capacity. Hence, small cell communication infrastructure is estimated to propel the market growth during the forecast period.
The demand for radio access network is expected to increase rapidly during the forecast period, mobile broadband services, growth in network densification, and rising mobile data traffic. However, some concerns related to fiber backhaul and privacy & security are anticipated to hamper the market growth. Nonetheless, urbanization and an increase in investments in smart cities are expected to provide lucrative growth opportunities to the radio access network market players.
The radio access network industry is segmented by communication infrastructure, technology, end user, and region. On the basis of communication infrastructure, it is classified into small cell, macro cell, RAN equipment, and DAS. On the basis of technology, it is analyzed into 2G, 3G, 4G, and 5G. By end user, it is analyzed across residential, industrial, commercial, and others. Region wise, it is analyzed across North America (the U.S., Mexico, and Canada), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include Huawei Technologies, Samsung Electronics Co., Ltd., Cisco Systems, Inc., Ericsson, Nokia Corporation, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Intel Corporation, and NEC Corporation.
KEY MARKET SEGMENTS BY COMMUNICATION INFRASTRUCTURE
BY TECHNOLOGY
BY END USER
BY REGION
KEY PLAYERS
Small cell communication infrastructure consists of small radio equipment and antennas, which can be placed on structures such as streetlights, sides of buildings, or poles. It is about the size of a pizza box or a backpack and is essential to transmit data to and from a wireless device. These small cells are anticipated to revolutionize next-generation network as these cells transmit data using mid- and high-band spectrum, which would be helpful to strengthen 5G network capacity. Hence, small cell communication infrastructure is estimated to propel the market growth during the forecast period.
The demand for radio access network is expected to increase rapidly during the forecast period, mobile broadband services, growth in network densification, and rising mobile data traffic. However, some concerns related to fiber backhaul and privacy & security are anticipated to hamper the market growth. Nonetheless, urbanization and an increase in investments in smart cities are expected to provide lucrative growth opportunities to the radio access network market players.
The radio access network industry is segmented by communication infrastructure, technology, end user, and region. On the basis of communication infrastructure, it is classified into small cell, macro cell, RAN equipment, and DAS. On the basis of technology, it is analyzed into 2G, 3G, 4G, and 5G. By end user, it is analyzed across residential, industrial, commercial, and others. Region wise, it is analyzed across North America (the U.S., Mexico, and Canada), Europe (the UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include Huawei Technologies, Samsung Electronics Co., Ltd., Cisco Systems, Inc., Ericsson, Nokia Corporation, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Intel Corporation, and NEC Corporation.
KEY MARKET SEGMENTS BY COMMUNICATION INFRASTRUCTURE
- Small Cell
- Macro Cell
- RAN Equipment
- DAS
BY TECHNOLOGY
- 2G
- 3G
- 4G
- 5G
BY END USER
- Residential
- Enterprise
BY REGION
- North America
- U.S.
- Mexico
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Ericsson
- Fujitsu Limited
- Huawei Technologies Co., Ltd.
- Intel Corporation
- Nokia Corporation
- Qualcomm Technologies, Inc.
- SAMSUNG ELECTRONICS CO. LTD.
- Cisco Systems, Inc.
- ZTE Corporation
- NEC Corporation
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Ran Market, By Communication Infrastructure
Chapter 5: Ran Market, By Technology
Chapter 6: Ran Market, By End User
Chapter 7: Ran Market, By Region
Chapter 8: Competitive Landscape
Chapter 9: Company Profile
Executive Summary
According to the report, titled, 'Radio Access Network Market by Communication Infrastructure, Technology, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global radio access network industry size was valued at $17.7 billion in 2018, and is projected to reach $44.78 billion by 2026, growing at a CAGR of 11.3% from 2019 to 2026.The flexible and modular approach of radio access network is evolving the cellular communication network. Different usage scenarios of radio access network such as high to low capacity, widespread to small area, very dense coverage to spotty coverage, and indoor and outdoor use is anticipated to create new radio access network market opportunities in the future. Other factors fueling the growth of the radio access network include evolving virtualization, network programmability, and 5G use cases.
Increase in demand for mobile broadband services, growth in network densification, and rising mobile data traffic are the major factors that drive the growth of the radio access network industry. However, concerns related to fiber backhaul and privacy & security restrain the market size. Increasing investments to develop smart cities and growing government initiatives to promote radio access network globally are anticipated to provide lucrative opportunities for the radio access network market growth.
In 2018, the small cell communication infrastructure segment contributed over a 65% share in the market, and is expected to maintain its dominant position throughout the radio access network market analysis period, owing to emerging 5G technology. With the introduction of 5G, small cell is expected to play a crucial role to efficiently deliver high-speed broadband and numerous other low latency applications. The primary aim of small cells is to increase macro cell’s edge data capacity, speed, and overall network efficiency. Thus, these factors are expected to propel growth of the radio access network market.
Moreover, Asia-Pacific is the major revenue contributor, owing to government initiatives for development of smart cities and long-term investment strategies in advance technologies. The market growth in the region is attributed to factors such as investment in R&D for technological advancements of automotive, aerospace & defense, manufacturing industries.
By end user, the enterprise segment dominated with a significant share in 2018. Digitalization of businesses is the key factor that propels the radio access network market in this segment. Growing interest of government in digitalization has led to initiation of various programs to support digitalization process in businesses. Furthermore, rise in number of connected devices, and improving broadband services are expected to fuel the growth of radio access network market in the coming years.
Key Findings of the Study
In terms of revenue, 2G technology contributed for the maximum radio access network market share in 2018, however, 5G technology is expected to witness the highest CAGR during the forecast period.
The current radio access network market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
In 2018, the small cell communication infrastructure segment held nearly 65% of the radio market share, which was the highest among all the communication infrastructure.
In 2018, enterprise accounted for over third-fifth share globally, and is expected to dominate the radio access network industry in the future.
By region, the global radio access network market trends are analyzed across North America Europe, Asia-Pacific, and LAMEA. In 2018, in terms of revenue, Asia-Pacific accounted for more than two-fifth of the market, and is expected to retain its dominant position, owing to the rapid growth in telecommunications, networks, data center IT industries, and 5G investments in this region.
The major companies profiled in the radio access network market report include Huawei Technologies, Samsung Electronics Co., Ltd., Cisco Systems, Inc., Ericsson, Nokia Corporation, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Intel Corporation, and NEC Corporation.
Companies Mentioned
- Huawei Technologies
- Samsung Electronics Co. Ltd.
- Cisco Systems Inc.
- Ericsson
- Nokia Corporation
- ZTE Corporation
- Fujitsu
- Qualcomm Incorporated
- Intel Corporation
- NEC Corporation.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 267 |
| Published | January 2020 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 17.7 billion |
| Forecasted Market Value ( USD | $ 44.7 billion |
| Compound Annual Growth Rate | 12.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
