C-RAN Architecture Market Size

C-RAN Architecture Market size was over USD 15.99 Billion in 2023 and is anticipated to reach USD 89.85 Billion by 2036, witnessing around 14.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of c-ran architecture is estimated at USD 17.98 Billion. The rapid growth of mobile data traffic requires a more efficient and cost-effective network architecture to support the growing demand for high-speed mobile data services. C-RAN technology enables mobile network operators to optimize network resources and provide a better quality of service to their customers. C-RAN architecture improves spectral efficiency by using centralized processing to optimize resource allocation and reduce interference. According to a study, the C-RAN architecture can improve spectral efficiency by up to 55% compared to the traditional RAN architecture. 

The deployment of 5G technology requires new network architectures that can handle high-speed data transfer and low-latency requirements. C-RAN architecture offers a more efficient and flexible solution for the 5G network and is a major driver for the growth of the market. According to a report, the number of global 5G subscriptions is estimated to reach 580 million by the end of 2021 and 3.5 billion by the end of 2026. This significant increase in 5G subscriptions is expected to drive demand for C-RAN architectures. C-RAN architecture will provide better network performance, coverage, and capacity needed to support the growing number of 5G devices.