C-RAN Architecture Market - Regional Analysis
APAC Market Insights
The market in the Asia Pacific industry is expected to dominate majority revenue share of 37% by 2035. This can be attributed on the back of the rising mobile data traffic, growing investments in the telecom industry, and rapid increase in the adoption of technologies, such as IoT and advanced analytics, in the region. The internet traffic in the Asia Pacific was approximately 28 exabytes per month in 2017, which rose to about 75 exabytes per month by the end of the year 2020.
Europe Market Insights
Moreover, the market in Europe is also expected to witness robust growth during the forecast period. This can be attributed owing to the surge in the rollout of 5G networks, the rise in developments in LTE infrastructure, and the growing usage of video and music streaming applications in the region. In addition, improved 4G coverage across the European continent is also projected to boost this region’s market growth in the coming years. The market for C-RAN architecture in Europe is driven by the increasing adoption of cloud-based deployments. Cloud RAN deployments are expected to account for 40% of all his RAN deployments in Europe by 2025, according to the report. The deployment of 5G technology is also expected to boost the growth of the C-RAN architecture market in Europe. According to reports, Europe is expected to have an estimated 214 million 5G connections by 2025, making him one of the leading regions for 5G deployment. The European regulatory environment also favors the introduction of C-RAN architectures. For instance, the European Union has launched several initiatives to accelerate the adoption of cloud computing. It is hoped that this will drive the adoption of cloud-based C-RAN architecture.
North American Market Insights
The market in the North American region is estimated to account significant market share by the end of 2035. Market growth is driven by factors such as increasing demand for high-speed connectivity, increasing adoption of 5G technology, and the need for efficient network management. The deployment of 5G technology is expected to drive the growth of the market in North America. North America is expected to become one of the leading regions for 5G deployment, with an estimated 407 million 5G connections by 2025, according to reports. The North American regulatory environment favors the deployment of C-RAN architectures. For example, the US Federal Communications Commission (FCC) has launched several initiatives to accelerate the deployment of 5G networks. This is expected to drive the adoption of C-RAN architecture. Some of the key players operating in the North American C-RAN architecture market include Nokia, Ericsson, Huawei, ZTE, and Samsung. These companies are investing heavily in R&D to create advanced C-RAN solutions to meet the growing demand in the market. Therefore, the market for C-RAN architectures in North America is expected to grow steadily in the coming years, driven by the increasing adoption of 5G technology, favorable regulatory environment, and adoption of cloud-based deployments.
