Radio Access Network Market to Generate $44.78 Bn, at 11.3% CAGR, By 2026, Globally: Says Allied Market Research

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The growth of the global radio access network market is driven by a rise in network densification, surge in demand for mobile broadband services, and an increase in mobile data traffic.

Wilmington, Delaware , Nov. 07, 2023 (GLOBE NEWSWIRE) — Allied Market Research recently published a report, titled, “Radio Access Network Market 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“. According to the report, the global radio access network industry accounted for $17.80 billion in 2018, and is anticipated to reach $44.78 billion by 2026, registering a CAGR of 11.3% from 2019 to 2026.  

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  • 89 – Charts 
  • 267 – Pages 

Prime Determinants of Growth 

The growth of the global radio access network market is driven by a rise in network densification, surge in demand for mobile broadband services, and an increase in mobile data traffic. Moreover, an increase in investments in smart cities is expected to provide lucrative opportunities in the market growth. However, concerns related to fiber backhaul, and privacy & security concerns restrict the market growth.  

Report Coverage & Details: 

Report Coverage  Details 
Forecast Period  2019–2026 
Base Year  2019 
Market Size in 2018  $17.80 billion 
Market Size in 2026  $44.78 billion 
CAGR  11.3% 
No. of Pages in Report  267 
Segments covered  Communication Infrastructure, Technology, End User, and Region. 
Drivers  Increase in demand for mobile broadband services  Increase in network densification  Growing mobile data traffic 
Opportunities  Increase in investments in smart cities 
Restraints  Concerns related to fiber backhaul  Privacy & security concerns 

The Small Cell Segment to Witness the Largest Share the Market 

On the basis of product, the small cell segment garnered the largest share in 2018, accounting for nearly two-thirds of the global radio access network market. In addition, the same segment is expected to witness the fastest CAGR of 13.4% during the forecast period. This is due to deployment of small cells to increase the capacity of operator networks across an array of locations. 

The Residential Segment to Manifest Fastest Growth By 2025 

On the basis of technology, the enterprise segment dominated the global radio access network industry in 2018, contributing to nearly three-fifths of the market share, owing to rise in digitalization and supportive government initiatives toward digitalizing entire business processes. However, the residential segment is expected to grow at the fastest CAGR of 12.9% during the forecast period. Smart homes are the key factors driving the adoption rate of radio access network and small cell across residential applications. The ability of small cells to cover smaller areas with higher bandwidth boosts the growth of radio access network market in residential application.   

Asia-Pacific to Maintain Dominance throughout the Forecast Period 

On the basis of region, the Asia-Pacific region held the largest share in 2018, accounting for more than two-fifths of the market and is anticipated to maintain its lead position throughout the forecast period. The growth is driven by rise in government initiatives for building smart cities in Asia-Pacific, upcoming long-term investments in advance technologies, and various technological advancements related to manufacturing, automotive, aerospace & defense. On the other hand, LAMEA is projected to witness the fastest CAGR of 14.5% in between 2018 to 2025. Growth in IoT, increase in adoption of 5G technologies, and rise in demand for advanced technologies in automotive and consumer electronics propel the growth of the LAMEA radio access network market. 

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Major Market Players 

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

Key Benefits For Stakeholders: 

  • As per the radio access network market outlook, this report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the radio access network market analysis from 2022 to 2032 to identify the prevailing radio access network market opportunities. 
  • The radio access network Market Forecast research is offered along with information related to key drivers, restraints, and opportunities. 
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. 
  • In-depth analysis of the radio access network market segmentation assists to determine the prevailing market opportunities. 
  • Major countries in each region are mapped according to their revenue contribution to the global market. 
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. 
  • The report includes the analysis of the regional as well as global radio access network market trends, key players, market segments, application areas, and radio access network Market growth strategies. 

Radio access network Key Segments: 

By Communication Infrastructure 

  • Small Cell 
  • Macro Cell 
  • RAN Equipment 
  • DAS 

By Technology 

  • 2G 
  • 3G 
  • 4G 
  • 5G 

By End User 

  • Residential 
  • Enterprise 

By Region 

  • North America  (U.S., Canada, Mexico) 
  • Europe  (Germany, UK, France, Spain, Italy, Rest of Europe) 
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) 
  • LAMEA  (Brazil, Saudi Arebia, United Arab Emirates, South Africa, Rest of LAMEA) 

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports Insights” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

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