Multiple Technology Transitions on the Road to 5G Propel Cellular RAN Equipment Market to US$26 Billion in 2023
OYSTER BAY, N.Y., July 30, 2018 /PRNewswire/ -- The global RAN (Radio Access Network) basestation equipment market will grow at a compound annual growth rate of 5% to exceed US$26 billion in 2023. According to a new report published by ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, these sales take into account both outdoor and indoor RAN equipment including macro base- stations, outdoor small cells, indoor small cells, and DAS (Distributed Antenna Systems).
"Today the RAN equipment market is undergoing multiple technology transitions as network operators move to densify macro networks with small cells, tackle in-building wireless and evolve to new technologies such as 5G, LAA (Licensed Assisted Access), unlicensed and shared spectrum technologies such as OnGo in the United States, and MulteFire," said Nick Marshall, Research Director at ABI Research. "These transitions are occurring against a backdrop of continuous technology evolution as networks upgrade to include MIMO (Multiple Input Multiple Output), Massive MIMO, 256 QAM, and carrier aggregation," continued Marshall.
Spending on indoor equipment which represents 27% of this market today will grow at a compound annual growth rate of 15.5% to represent a value of 42% of the total by 2023. The Asia Pacific region, which includes some of the largest and growing RAN markets in the world, will continue to dominate the market with a share of 58% of the market, with North America and Europe ranking a distant second and third respectively. Sales of infrastructure equipment in the North American and Asia Pacific regions will continue to be dominated by replacement and upgrades to LTE with the addition of 5G equipment gaining share starting in 2019.
"While the overall market is healthy, the underlying technology transitions are complex and only those vendors that can leverage them stand to benefit - these vendors include Ericsson, Huawei, Nokia, Samsung, and ZTE," Marshall concluded. However, it is not only the traditional vendors which will benefit as these technology transitions take hold, many specialist vendors stand ready to compete for share. These vendors include small cell specialists Acceleran, Airspan, Airvana/CommScope, Comba, Contela, ip. access, Parallel Wireless, Ruckus/Arris, and SpiderCloud Wireless/Corning.
These findings are from ABI Research's Indoor, Outdoor, and IoT Network Infrastructure report. This report is part of the company's 5G & Mobile Network Infrastructure research service, which includes research, data, and Executive Foresights.
About ABI Research
ABI Research provides strategic guidance for visionaries needing market foresight on the most compelling transformative technologies, which reshape workforces, identify holes in a market, create new business models and drive new revenue streams. ABI's own research visionaries take stances early on those technologies, publishing groundbreaking studies often years ahead of other technology advisory firms. ABI analysts deliver their conclusions and recommendations in easily and quickly absorbed formats to ensure proper context. Our analysts strategically guide visionaries to take action now and inspire their business to realize a bigger picture. For more information about ABI Research's forecasting, consulting and teardown services, visionaries can contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.
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SOURCE ABI Research
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