Cloud ERP Market Research Report

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Attributed to the technological innovations and endorsement of a cloud computing environment and IoT, The global cloud ERP market is fuelling at a notable pace. Cloud-based solutions help in improving the operational effectiveness and business procedures such as marketing, sales, accountin

Global Cloud Radio Access Network (C-RAN) Market

The GMI Research foresees an augmentation in the Cloud Radio Access Network (C-RAN) Market over the forecast period due to the rising acquisition of 5G technology. The 5G technology helps the telecom vendors to reduce latency and offer a faster speed to customers.

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Introduction of the Cloud Radio Access Network (C-RAN) Market

Cloud Radio Access Network (C-RAN) is a unified cloud computing-based architecture to have access to radio networks that support virtualizing networks. 

Cloud Radio Access Network (C-RAN) Market Dynamics

The global Cloud Radio Access Network (C-RAN) Market is likely to undergo a robust demand during the coming years. The increasing implementation of network visualization by the telecom service vendors led by strong demand for faster networks with less standby time and higher bandwidth is a prominent aspect guiding the market growth. For example, as reported by the World Bank, approximately 51 % of the global population in 2018 had access to the internet, which reached 8.2 billion in 2019. Further, as per the GSM Association, exclusive mobile subscribers are projected to expand to 5.8 billion by 2025. Thus, this accelerating penetration of internet connectivity with an augmentation in demand for effective and superior network architecture will stimulate market growth.

The C-RAN network offers a personalized network architecture and huge power effectiveness to help reduce the expenses by allowing virtualization of the base stations rather than physical implementation. Simultaneously, the acceleration in the number of smartphone users and the surging application of progressive internet technology with the 5G services has propelled the Cloud Radio Access Network (C-RAN) Market Size.

However, the evolving need for higher transmission capacity in the fronthaul link and the excessive cost to set up will restrain the market growth. Additionally, the growing apprehension towards the ongoing cyber-attacks, which includes unauthorized permission to critical information, may further restrain the market growth.

Cloud Radio Access Network (C-RAN) Market Segmentation:

Segmentation by Service
  • Professional
  • Managed
Segmentation by Network Type
  • 5G
  • 4G
  • LTE
  • 3G (EDGE)
Segmentation by Deployment
  • Centralized
  • Cloud
Segmentation by Region:
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • RoW
    • UAE
    • Brazil
    • South Africa
    • Saudi Arabia

About GMI Research

GMI Research is the foremost market research and consulting organisation trusted by many major firms for their market and competitive intelligence. Our research reports provide comprehensive information to help our clients tackle their most strategic challenges.

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