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Cloud Radio Access Network (CLOUD RAN) Market (Components and Services) Worth $11.31 Billion by 2018 - New Report by MarketsandMarkets

(PRWEB) September 02, 2013

The report "Cloud RAN Market (Radio Access Network) - by Components (Remote Radio Units, Optical Transport Network, BBU, Processors, Servers, Test & Measurement), by Services (Integration, Network) - Worldwide Market Forecasts and Analysis (2013 - 2018)" defines and segments the Cloud RAN market into various segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints, challenges and opportunities impacting it along with the future roadmaps.

Browse 82 market data tables and 54 figures spread through 211 pages and in-depth TOC on "Cloud RAN Market (Radio Access Network) - by Components , Services - Worldwide Market Forecasts and Analysis (2013 - 2018)". Download a free sample report for Cloud RAN Market.

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With the swift and continuous advancements in technology, the telecommunication industry is experiencing tremendous changes. The mobile operators have initiated an eco-friendly and centralized approach, Cloud RAN, in order to deliver quality mobile services to consumers, while maintaining their own profitability. Cloud RAN offers benefits over the traditional RAN systems and is an alternative approach for data transport in mobile communication.

MarketsandMarkets broadly segments the Cloud RAN market by type of components used in the architecture: Remote Radio Heads (RRHs), Baseband Units (BBUs), Optical Transport Network (OTN), processors, servers and test and measurement equipment; by services being offered: network services, system integration and custom services; and by geographical regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).

MarketsandMarkets expects the global Cloud RAN market is expected to grow from $1.71 billion in 2013 to $11.31 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 45.9% from 2013 to 2018. MarketsandMarkets expects Asia Pacific to hold the largest market for Cloud RAN, in terms of geographical territories and over the next five years, it is expected to experience the highest spending in the Cloud RAN space.

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MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including agriculture, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

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