C-RAN (Cloud-RAN), sometimes referred to as Centralized-RAN, is a proposed architecture for future cellular networks. It was first introduced by China Mobile Research Institute in April 2010 in Beijing, China, 9 years after it was disclosed in patent applications filed by U.S. companies. Simply speaking, C-RAN is a centralized, cloud computing-based architecture for radio access networks that supports 2G, 3G, 4G and future wireless communication standards. Its name comes from the four 'C's in the main characteristics of C-RAN system, "Clean, Centralized processing, Collaborative radio, and a real-time Cloud Radio Access Network".
Targeted outdoor urban areas mainly comprise urban locations, which have large numbers of users. Such locations include crowded streets, traffic signals, and areas with a large number of residential or commercial buildings. In order to enhance the existing infrastructure (transforming from Long Term Evolution (LTE) to 5G) by reducing the CAPEX, the deployment of the centralization technology is a major step taken by telecom operators.

Market Analysis and Insights: Global Cloud Radio Access Network (C-RAN) Market
The global Cloud Radio Access Network (C-RAN) market size is projected to reach US$ 1026 million by 2027, from US$ 676.2 million in 2020, at a CAGR of 6.1% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cloud Radio Access Network (C-RAN) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cloud Radio Access Network (C-RAN) market in terms of revenue.
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Global Cloud Radio Access Network (C-RAN) Scope and Market Size
Cloud Radio Access Network (C-RAN) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cloud Radio Access Network (C-RAN) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Centralization
Virtualization

Segment by Application
Hardware
Services

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Nokia Corporation
Cisco Systems
Samsung Co Ltd
ZTE Corporation
Altiostar
Ericsson AB
NEC Corporation
Huawei Technologies.
Fujitsu
Intel Corporation
Mavenir Systems
Asocs Ltd.