Radio Access Network Market Growth by Emerging Trends Analysis and Forecasts 2025

Radio Access Network Market Growth by Emerging Trends Analysis and Forecasts 2025

A detailed analysis of the radio access network market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.

The growth graph of radio access network market has been observing a consistent surge since recent times, given that this technology has been meeting the ever-increasing connectivity demand worldwide. As stakeholders vie to be strong proponents of industry share, focus on radio access component to enhance throughput, spectral efficiency, capacity, device density and power consumption has increased in recent years.

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Surging internet penetration has led to data incentive applications, thereby allowing telecom operators to enhance their cellular coverage. Government authorities are taking initiatives to expand commercialization of 5G network. Notably in November 2018, US-based Federal Communications Commission (FCC) deployed a 1,550 MHz spectrum to be used by commercial wireless providers for the use of 5G network and regulated interstate communication services.

Favorable government approach has bolstered radio access network market share. According to the Indian Brand Equity Foundation, the Government of India is gearing to invest around US$ 100 bn in a National Telecom Policy 2018 by the end of 2022.

Besides 5G offering sizeable network performance characteristic enhancement, it is likely to enable technologies such as artificial intelligence (AI), internet of things (IoT), and robotic process automation (RPA), namely. At the time when 5G value chain will be instrumental in offering differentiated services to niche market segments, stakeholders are eyeing to propel radio access network market outlook.

China and Japan are all set to underpin radio access network market trend as apparently, they have been the pioneers of 5G network. Nevertheless, unprecedented use of smartphone in India has had positive influence in market size expansion. As of third quarter of 2017, over 40 mn smartphones were sold in India alone. With soaring smartphone penetration and lower than ever data tariffs, it is safe to anticipate a robust growth rate for APAC market share during the assessment period 2019-2025.

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Some of the prominent companies active in radio access network market are Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., Nokia Networks, Intel Corporation and HP Enterprises, among others.

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