Cloud-Radio Access Network (C-RAN) Market Growth, Trends, Opportunities, Segmentation

Jonytoal21 Jun, 2024Business

The Cloud-Radio Access Network (C-RAN) Market size is projected to grow from USD 2.9 billion in 2020 to USD 14.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 37.7% during the forecast period, according to new research report by MarketsandMarkets?, The major factors driving the growth of the C-RAN market include the rapid increase in bandwidth demand, the increase in the demand for 5G network technologies, and the need for lower CAPEX and OPEX.