Radio Access Network Market worth 14.99 Billion USD by 2023

Posted September 18, 2020 by Prashantvi

The radio access network market was valued USD 8.51 billion in 2017 and is projected to reach USD 14.99 billion by 2023, at a CAGR of 8.7% between 2018 and 2023.

According to the latest market research report "Radio Access Network Market by Communication Infrastructure (Small Cell, Macro Cell, RAN Equipment, DAS), Connectivity Technology (2G, 3G, 4G/LTE, 5G), Deployment Location (Urban, Rural, Residential, Retail Stores), and Geography - Global Forecast to 2023", the radio access network market is estimated to be valued at USD 9.88 Billion in 2018 and is expected to reach USD 14.99 Billion by 2023, at a CAGR of 8.7% between 2018 and 2023. The market has huge potential across various deployment locations such as urban areas, rural areas, residential areas, public spaces, and retail stores. The major factors driving the radio access network market are increasing mobile data traffic, growing demand for improved network coverage, and increasing adoption of smartphones and technological advancements in the telecommunication industry.

Browse 69 market data Tables and 52 Figures spread through 162 Pages and in-depth TOC on "Radio Access Network Market - Global Forecast to 2023"

Download PDF Brochure @

Early buyers will receive 10% customization on reports.

Radio access network market for small cell to grow at highest CAGR during forecast period

The radio access network market for small cell is expected to grow at the highest CAGR between 2018 and 2023. Large-scale adoption of the small cells by network operators to address the need for high-speed data transfer and improve the quality of services is the driving the growth of the radio access network market for small cell. Small cells will help increase the network capacity and therefore aid in network densification.

5G to hold largest share of radio access network market by 2023

5G connectivity technology is expected to hold the largest size of the radio access network market by 2023. The market for the 5G would be driven by the proliferating demand for wireless broadband services, which require fast and high-capacity networks. The development of the 5G connectivity technology has been undertaken to address the growing demand for high-speed data communication. This would lead to the need for the related network infrastructure, which would drive the radio access network market in the near future.

Radio access network market for retail stores to grow at highest CAGR during forecast period

The radio access market for the retail stores deployment is expected to grow at the highest CAGR between 2018 and 2023. The requirement of higher automation, faster processing, and improved customer experience would propel the growth of the market for retail deployment. Moreover, with the introduction of the 5G network, the retail sector is expected to adopt the next level of automation of services and warehouse management.

North America leads radio access network market in terms of value

North America held the largest share of the radio access network market in 2017. The factors such as increasing automation in various sectors, adoption of Internet of Things (IoT), increasing cellular M2M connections, and high demand for on-demand video services would drive the growth of the radio access network market in the region.

The companies profiled in this report are Huawei (China), Ericsson (Sweden), Nokia Networks (Finland), ZTE (China), Samsung (South Korea), NEC (Japan), Cisco (US), Qualcomm (US), Intel (US), Fujitsu (Japan), Juniper Network (US), Hewlett Packard Enterprise (HPE) (US), Corning (US), AT&T (US), Verizon Communications (US), HUBER+SUHNER (Switzerland), CommScope (US), Airspan Networks (US), Qorvo (US), and LG Electronics (South Korea).

know more @

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By marketsandmarkets
Country United States
Categories Electronics , Reports , Semiconductors
Tags Radio Access Network Market
Last Updated September 18, 2020