vRAN Deployments to Be Worth 2.6 Bn by 2020, States SNS Telecom in its Report Package Available at MarketPublishers.com
18 Jan 2017 • by Natalie Aster
LONDON – Virtualized radio access network (vRAN) implementation provides a host of operational benefits comprising but not limited to the reduction of total cost of ownership (TCO), performance augmentation and scalability. Furthermore, vRAN enables wireless service providers to keep their networks updated for upgrades to 5G network infrastructure.
The vRAN market is currently at its nascent stages of development, with the majority of investments centered on virtualized small cells for targeted pilot engagements and greenfield deployments for macrocellular network coverage. Meantime, as mobile phone providers grasp the advantages of RAN virtualization, the global vRAN market is projected to gain momentum posting a CAGR of close to 125% in the coming 3 years. By 2020-end vRAN deployments are expected to be worth USD 2.6 billion.
New in-demand research report “The vRAN (Virtualized Radio Access Network) Ecosystem: 2017 – 2030 – Opportunities, Challenges, Strategies & Forecasts” elaborated by SNS Telecom presents an in-depth assessment of the vRAN universe. The study takes a detailed look at the enabling technologies, major trends, key market driving factors and challenges, standardisation, collaborative incentives, regulatory scene, deployment models, operator case studies, opportunities, value chain analysis, market players’ profiles including strategies, future roadmap, etc. The research publication provides granular forecasts pertaining to vRAN investments up to 2030, covering manifold submarkets and 6 regional markets.
More insightful reports by the publisher can be found at SNS Telecom page.