DALLAS--(BUSINESS WIRE)--The report "Cloud RAN Market (Radio Access Network) - by Components (Remote Radio Units, Optical Transport Network, BBU, Processors, Servers, Test & Measurement), by Services (Integration, Network) - Worldwide Market Forecasts and Analysis (2013 - 2018)" by MarketsandMarkets, defines and segments the Cloud RAN market into various segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints, challenges and opportunities impacting it along with the future roadmaps.

“Cloud RAN Market (Radio Access Network) - by Components (Remote Radio Units, Optical Transport Network, BBU, Processors, Servers, Test & Measurement), by Services (Integration, Network) - Worldwide Market Forecasts and Analysis (2013 - 2018)”

Browse 82 Market Data Tables, 54 Figures, 211 pages & in-depth Table of Content on "Cloud RAN Market (Radio Access Network)"

http://www.marketsandmarkets.com/Market-Reports/cloud-radio-access-network-ran-market-1001.html

With the swift and continuous advancements in technology, the telecommunication industry is experiencing tremendous changes. The mobile operators have initiated an eco-friendly and centralized approach, Cloud RAN, in order to deliver quality mobile services to consumers, while maintaining their own profitability. Cloud RAN offers benefits over the traditional RAN systems and is an alternative approach for data transport in mobile communication.

MarketsandMarkets broadly segments the Cloud RAN Market (Radio Access Network) by type of components used in the architecture: Remote Radio Heads (RRHs), Baseband Units (BBUs), Optical Transport Network (OTN), processors, servers and test & measurement equipment; by services being offered: network services, system integration & custom services; and by geographical regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LA).

MarketsandMarkets expects the global Cloud RAN market is expected to grow from $1.71 billion in 2013 to $11.31 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 45.9% from 2013 to 2018. MarketsandMarkets expects Asia Pacific to hold the largest market for Cloud RAN, in terms of geographical territories, and over the next five years, it is expected to experience the highest spending in the Cloud RAN space.

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Source: http://www.marketsandmarkets.com/PressReleases/cloud-radio-access-network-ran.asp