Virtualized Radio Access Network (vRAN) Market Scope
Virtualized radio access network (vRAN) is the process to virtualize network function is the next big thing in mobile network as it is more user-friendly and increases capacity apart from being economical. Additionally, VRAN technology would provide a road ahead for 5G technology as there is a growing need to provide multi-purpose applications through a single source. Presently, Virtual Reality (VR), autonomous cars, smart stadiums, and cloud robotics applications are growing, this puts the networks demand on high as they require ultra-low latency and localized processing. Moreover, the mobile core network has to be close to users for proper functioning. Owing to this, the demand for vRAN is getting traction.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Virtualized Radio Access Network (vRAN) market throughout the predicted period.
Nokia Corporation (Finland), NEC Corporation (Japan), Qualcomm Technologies Inc. (United States), Microsemi Corporation (United States), MAVENIR (United States), Microelectronics Technology, Inc. (Taiwan), Amdocs Corporation (United States), Altiostar (United States) and Dali Wireless (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Virtualized Radio Access Network (vRAN) market by Type (Radio Units and Virtualized Baseband Units (vBBUs)), by Application (Dense Area Urban, Enterprise, Public Venue Environments and Others) and Region with country level break-up.
On the basis of geography, the market of Virtualized Radio Access Network (vRAN) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
The Emergence of Cloud Computing Technology
Market Growth Drivers:
Increasing Demand for Coverage and Capacity Improvement, and Reduction in OpEx and CapEx
Challenges:
Harder to Implement Compared to Other NFV Implementations and Risk of Breaking User Privacy and Accessing Sensitive Data
Restraints:
Virtualized Radio Access Network is Expensive to Install and Lack of Proper Infrastructure in Developing Economies
Opportunities:
The Advent of 5G and Internet of Things (IoT) Technology
In February 2019, Altiostar and TIM partner on LTE-Advanced from Altiostar on Vimeo. The innovative virtual ran architecture prepares carriers for 5G add capacity with off-the-shelf hardware to maximize spectrum resource.
Key Target Audience
System Integrators, Software Providers, Network Service Providers, Telecom Infrastructure Vendors, Device Manufacturers, Telecom Network Operators and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.