According to the new market research report Cloud Radio Access Network (RAN) Market, by Component (Test & Measurement Equipment, Remote Radio System, Server, Baseband Unit, Processor, Optical Transport Unit), Service (System Integration, Custom, Network Service), End-User (BFSI, Government, Defense & Military, Educational Institutes, Media & Entertainment, Retail, Healthcare, Manufacturing, Transportation & Logistics) - Global Revenue, Trends, Growth, Share, Size and Forecast to 2022 published by Scalar Market Research, the global intelligent transportation systems market is expected to grow at a healthy rate during the forecast period.
Chicago, IL -- (SBWIRE) -- 04/10/2017 -- The objective of this report Cloud Radio Access Network (RAN) Market is to describe the market trends and revenue forecasts for the cloud radio access network (RAN) market for the next five years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
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The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the cloud RAN market. The scope of this report covers the cloud radio access network (RAN) market by its major segments, which include the components, services, end-users, and the major geographic regions.
KEY PREMIUM INDUSTRY INSIGHTS
The key factors driving the growth of the cloud radio access network (RAN) market include the rise in the mobile data trafficking and the necessity to reduce Opex and Capex.
The rise in the applications as the substitute to fiber is also one of the key growth opportunity drivers for the key players in the cloud RAN market.
However, availability of fiber and the high amount of initial investments are the key factors that may hamper the growth of this market.
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