The study on the Global Cloud Radio Access Network Market Insights published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Cloud Radio Access Network Market Insights in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Cloud Radio Access Network Market Insights during the forecast period.
The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the Cloud Radio Access Network Market Insights in the assessment period.
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Key Segments Covered in the Cloud Radio Access Network Industry Report
Cloud Radio Access Network by Component :
- Cloud Radio Access Network Solutions
- Cloud Radio Access Network Services
- Consulting Services
- Implementation Services
- Support Services
Cloud Radio Access Network by Deployment :
- Centralized Cloud Radio Access Network
- Cloud Radio Access Network
Cloud Radio Access Network by End User :
- Cloud Radio Access Network for Telecom Operators
- Cloud Radio Access Network for Enterprises
Cloud Radio Access Network by Network Type :
- 5G Cloud Radio Access Network
- 4G Cloud Radio Access Network
- 3G & 2G Cloud Radio Access Network
Cloud Radio Access Network by Region :
- North America Cloud Radio Access Network Market
- Europe Cloud Radio Access Network Market
- Asia Pacific Cloud Radio Access Network Market
- Middle East & Africa Cloud Radio Access Network Market
- Latin America Cloud Radio Access Network Market
Cloud Radio Access Network Market- Competitive Landscape
Prominent service providers are taking advantage of the rapidly digitizing landscape to introduce new services equipped with cutting-edge innovative technology. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:
- Finnish telecom giant Nokia Corporation collaborated with SK Telecom in January 2022, in order to provide the 5G 64TRX wireless-based vRAN, a highly advanced cloud-based radio access network platform, across South Korea. Both companies have successfully completed a proof-of-concept and demonstration of the said service, enabling them to meet agile computing requirements
- In October 2020, Ericsson introduced its own cloud radio access network platform which would enable communications service providers add greater flexibility and versatility to their networks. The solution complements high-performing purpose-built baseband offerings in the Ericsson Radio System portfolio, providing service providers an optimal choice for any deployment scenario and need
- In February 2022, Huawei Technologies Co. Ltd. unveiled new upgrades to its end-to-end Intelligent Cloud Network Solution. These upgrades are scheduled to take place across three major domains- CloudCampus 3.0, CloudWAN 3.0 and CloudFabric 3.0– and will release non-stop computing power and intelligence to every enterprise, accelerating digital transformation across industries
- ZTE Corporation announced in March 2022 that it has updated its 5G radio access network portfolio by introducing the new-generation Massive MIMO product series- including the 32TR and 64TR AAUs, up to 192 antenna elements and 320 watt, as well as the world’s lightest Massive MIMO product, weighing only 9 kilograms.
Key Challenges encountered by Cloud Radio Access Network Providers
Rising Security Threats, High Fronthaul Capacity Requirements to Hinder Prospects
A major challenge for cloud radio access network recognition is the fronthaul issue. Fronthaul connections are links between centralized baseband units (BBUs) and remote radio units (RRUs). The widely used interface between BBUs and RRUs is the Common Public Radio Interface (CPRI), which transfers digitized radio signals as input/output samples.
Due to a rise in the demand for the CPRI data rate, the optical fibers are mostly used for the fronthaul technology. In the present situation, fronthaul solutions are CPRIs, which consume immense amounts of resources, impeding adoption. Furthermore, this open broadcast nature of wireless architectures makes them vulnerable to new attacks, such as unauthorized or illegitimate access to sensitive information, leading to security breaches.