WiseGuyReports.Com Publish a New Market Research Report On –“ VRAN (Virtualized Radio Access Network) 2019 Global Market – Opportunities, Challenges, Strategies & Forecasts 2030”.
Pune, India - September 19, 2019 /MarketersMedia/ —
VRAN (Virtualized Radio Access Network) Industry 2019
Description:-
vRAN (Virtualized Radio Access Network) is a way of RAN implementation. As a result, the baseband functions are disconnected from the radio unit and runs as a Virtualized Network Function (VNFs) on hardware.
This approach has multiple benefits, like cost reduction, performance improvement, and scalability. It also ensures the operators to upgrade their existing network to 5G.
Currently, the vRAN market is in its child phase as most investments are targeting small cells for a specific Greenfield deployment and engagement of pilots for macrocell coverage.
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The mobile operators realizing the benefits of vRAN (Virtualized Radio Access Network), experts are predicting that the industry will grow and reach a new-height by 2030.
vRAN market segmentation
The market Segment has segmented into Type, Application, and region. vRAN (Virtualized Radio Access Network) market segmentation by type, includes Software, Platform, and Servers.
Among them, the software has the largest share in terms of revenue. The software sector is accountable for 76.5 million USD sales volume in the year 2017. It contributes a total 38% of total international sales volume.
The segmentation by application, covers Dense Area Urban, Enterprise, and Public Venue Environments.
Region-wise market segmentation of vRAN
The region-wise segmentation of the international vRAN (Virtualized Radio Access Network) market includes regions like Eastern Europe, MEA region, Indo-Pacific, North America, Western and Eastern Europe and Rest of the World.
The report also focused on countries like Vietnam, Mexico, France, Italy, South Korea, China, India, ThailandGermany, Indonesia and Japan, Malaysia, the UK, United States, Singapore, and Canada.
The USA and Europian regions are leading the chart due to innovation and superior technology. The USA provides the world’s biggest export and manufacturing in vRAN market while the Europian region comes second according to sales volume in 2017.
Indo-pacific region is also exploring with huge potential lies ahead. Countries like Japan are investing heavily in this new technology.
Important players
Some of the key players in the industry are, NEC, Wind River, Altiostar, Amdocs, Dali Wireless, ASOCS, Dell EMC, and Alcatel-Lucent (Nokia).
The Alcatel-Lucent (Nokia) has the maximum share in the profit followed by NEC and Altiostar.
The Alcatel-Lucent has a market share of around 27% whereas NEC and Altiostar contribute 15% and 12% respectively.
Current happenings in vRAN industry
Japanese company Rakuten recently announced that it would invest in US-based vRAN company Altiostar. Rakuten also revealed that the investment is subjected to regulatory approval.
Indian tech giant Tech Mahindra recently announced that it is going to set up a 5G center of excellence with the help of Intel in Washington and Bangaluru. The center for excellence will work on the development of 5G vRAN solutions.
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Source: MarketersMedia
Release ID: 88920817
