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2020

Radio Access Network Market

Radio Access Network Market Size, Share, Competitive Landscape and Trend Analysis Report by Communication Infrastructure (Small Cell, Macro Cell, RAN Equipment, and Distributed Antenna System), Technology (2G, 3G, 4G, and 5G), and End User (Residential and Enterprise): Global Opportunity Analysis and Industry Forecast, 2019-2026

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Author's: Avinash Savekar & Asavari Patil | Vineet Kumar
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Radio Access Network Market Outlook - 2026

The global radio access network market size was valued at $17.80 billion in 2018, and is projected to reach $44.78 billion by 2026, growing at a CAGR of 11.3% from 2019 to 2026. Radio Access Network (RAN) is used in computers, mobile phones, or any other wireless devices for transmitting signals, sounds, messages, signs, and information with the help of radio access technology. RAN helps in providing a connection with its core networks. 

Radio Access Network (RAN) Market

The market for RAN is anticipated to be driven by the 5G network due to increasing demand for wireless broadband services that require fast and high-capacity networks. The development of the 5G connectivity technology is expected to address the growing demand for high-speed data communication. For instance, 5G (RAN) focuses on improving networks by creating demands for low latency and large capacity. Due to the existence of silicon chip in core network and user devices, RAN can function smoothly. There are various types of radio access networks that provide high data rates such as generic radio access networks (GRAN), GSM edge radio access networks (GERAN), evolved universal terrestrial radio access network (EUTRAN) and UMTS terrestrial radio access networks (UTRAN).  This can lead to the need for related network infrastructure, which is estimated to provide growth opportunities for the radio access network market in the coming years.

Radio Access Network Market
By Communication Infrastructure
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Small Cell segment is projected as one of the most lucrative segments.

Factors such as surge in demand for mobile broadband services, increase in network densification, and rising mobile data traffic are the major key drivers for the radio access network market growth. However, concerns related to fiber backhaul and privacy & security concerns act as a major restraint, which can hinder the market growth. Furthermore, increase in investments in smart cities provide lucrative growth opportunities to radio access network market.  

Radio Access Network Market
By Technology
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4G segment is expected to dominate the market in 2026.

Segment Overview

The radio access network industry is segmented by communication infrastructure, technology, end user, and region. On the basis of communication infrastructure, it is classified into small cell, macro cell, RAN equipment, and DAS. On the basis technology, it is analyzed into 2G, 3G, 4G, and 5G. By end user, it is analyzed across residential, industrial, commercial, and others. Region wise, it is analyzed across North America. Europe, Asia-Pacific, and LAMEA. 

Radio Access Network Market
By Region
2026
Asia-pacific 
North America
Europe
LAMEA

LAMEA would exhibit the highest CAGR of 14.5% during 2019-2026.

Top Impacting Factors

The significant impacting factors in the radio access network market trends include rise in demand for mobile broadband services, increase in network densification, and growing mobile data traffic. However, concerns related to fiber backhaul and privacy & security concerns is expected to hinder the market growth. Conversely, increase in investments in smart cities is projected to offer remunerative opportunities to the RAN market. Each of these factors is anticipated to have a definite impact on the market during the forecast period. 

Some Major Factors Impacting The Market Growth Are Given Below:

Increase in demand for mobile broadband services

Mobile broadband subscriptions grew with the annual rate of more than 20% in the last six years and reached 4.3 billion globally by the end of 2017. This huge adoption in mobile broadband services was due to affordable prices. The average subscription price of mobile broadband was 0.7% of the gross national income (GNI) per capita in developed economies, whereas it was 4.3% of the world GNI per capita in developing economies. Thus, numerous initiatives are being made to expand internet access through the increased availability of broadband networks. This is anticipated to increase the number of 5G mobile broadband users, thereby, fueling the radio access network market growth. 

Growth in network densification 

Network densification is an integral part of deploying 5G architecture, which promises massively increased data rates, from megabits per second (Mbps) to gigabits per second (Gbps); and ultra-reliable lower latency, from tens of milliseconds to milliseconds. Successful 5G implementation is mainly dependent on network densification, which is increased through available network capacity by adding more cell sites, which includes macro sites, radio access networks, in-building wireless, and small cell deployments. The optimal locations for network densification are generally near urban areas and large venues where there are higher number of digital users. 

Competitive Analysis

Key players operating in the radio access industry are Huawei Technologies, Samsung Electronics Co., Ltd., Cisco Systems, Inc., Ericsson, Nokia Corporation, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Intel Corporation, and NEC Corporation. These players adopted product launch, collaboration, partnership, and agreement as their key developmental strategies to increase revenue of the radio access network market and develop new products for enhancing their product portfolio. Nokia Corporation is a leading player in telecommunication and information technology that provides radio access network, making 5G a reality, which is highly versatile in terms of connectivity, capacity, and low latency. The radio access network market is expected to witness growth from 2019 to 2026 due to continuous evolution in advanced connectivity technologies such as 2G, 3G, and 4G.  

Key Benefits For Stakeholders:

  • This study comprises analytic depiction of the global radio access network market trends and future estimations to depict the imminent investment pockets.
  • The overall radio access network market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The radio access network market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the radio access network industry.
  • The report includes the radio access network market share of key vendors and market trends.

Radio Access Network Market Report Highlights

Aspects Details
Radio Access Network Market By Communication Infrastructure
By Communication Infrastructure
  • Small Cell
  • Macro Cell
  • RAN Equipment
  • DAS
Radio Access Network Market By Technology
By Technology
  • 2G
  • 3G
  • 4G
  • 5G
Radio Access Network Market By End User
By End User
  • Residential
  • Enterprise
Radio Access Network Market By Region
By Region
  • North America  (U.S., Mexico, Canada)
  • Europe  (UK, Germany, France, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players
Key Market Players

Cisco Systems, Inc., Qualcomm Technologies, Inc., Huawei Technologies Co., Ltd., NEC Corporation, rporation, SAMSUNG ELECTRONICS CO. LTD., ZTE Corporation, Nokia Corporation, Ericsson, Intel Co, Fujitsu Limited

Analyst Review

The RAN market is projected to depict a prominent growth during the forecast period, mobile broadband services, growth in network densification, and rising mobile data traffic are the major key drivers for the radio access network market growth. The radio access network market is expected to witness a considerable growth during the forecast period due to continuous evolution in advanced connectivity technologies such as 2G, 3G, and 4G.  The market for RAN is expected to be driven by the 5G network due to increasing demand for wireless broadband services that require fast and high-capacity networks. Moreover, development of 5G network and integration of IoT in network Infrastructure provide lucrative opportunities for the radio access network market. 

Mobile communication has experienced an unparalleled revolution during past two decades and currently, 4G technology is widely in use, while 5G is the upcoming technology. Although, 5G technology has begun to roll-out, 4G technology still holds its significance in the industry. 4G technology has developed LTE-A (Long-Term Evolution Advanced), which offers maximum speed of 1Gbps. As LTE-A works on current smartphone hardware configurations, it is estimated to boost the 4G technology growth. While it is estimated that both 4G and 5G technology would be present during the forecast period, advancements in 4G technology are also anticipated to fuel the growth of radio access network market.

Enterprises accounts for the majority of the market share, in the end user segment, owing to highest number of adopters due to rising digitalization. There is a growing support from governments to businesses with various initiatives to digitalize the entire business process. Furthermore, mobile operators are employing more resources in the form of small cells and spectrum to fulfil the demand for high mobile broadband among individuals as well as to increase the efficiency of existing assets, which fuels the adoption of radio access network in the commercial sector.

Asia-Pacific holds a prominent share in the radio access network market. The market growth is attributed to factors such as rapid growth in telecommunications, networks, data center IT industries and 5G investments in the region.

Various leading manufacturers such as Huawei Technologies, Samsung Electronics Co., Ltd., Cisco Systems, Inc., Ericsson, Nokia Corporation, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Intel Corporation, and NEC Corporation occupy a prominent revenue share in the radio access network market.

Author Name(s) : Avinash Savekar & Asavari Patil | Vineet Kumar
Frequently Asked Questions?

Increase in demand for mobile broadband services, growth in network densification, and rising mobile data traffic are some of the factors driving radio access network market trends.

The global radio access network market size is expected to register a Compounded Annual Growth Rate (CAGR) of 11.3% during the forecast period.

To get the latest version of radio access network market report.

The potential customers of radio access network market are majorly from residential and enterprise industry.

The leading players in radio access network market include Huawei Technologies, Samsung Electronics Co., Ltd., Cisco Systems, Inc., Ericsson, Nokia Corporation, ZTE Corporation, Fujitsu, Qualcomm Incorporated, Intel Corporation, and NEC Corporation.

On the basis of top growing big corporations, we select top 10 players.

Asia-Pacific region is currently leading the market and is expected to provide considerable business opportunities for radio access network market in future.

The radio access network industry has applications to provide radio sites, radio access and coordinate management of resources across the radio sites.

The key growth strategies adopted by radio access network industry player includes product launch, collaboration, partnership, and agreement.

The global radio access network market is expected to generate revenue worth $44.78 billion by 2026.

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Radio Access Network Market

Global Opportunity Analysis and Industry Forecast, 2019-2026