Radio Access Technology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
- Transparency Market Research
- November 2039
- 0 pages
Radio access technology (RAT) refers to an innovative method of physical connection for a radio based mobile communication network. It is focused on meeting customer needs by centralizing the base stations and providing a supportive solution between multiple network operators. Many modern phones have in build system for supporting several RATs in one device such as Wi-Fi, Bluetooth, etc. This technology offers improved performance and operational expenditure, together with high energy efficiency, minimal cost, enhanced spectral efficiency, and centralized network architecture.
These unique features offered by radio access technology are the primary drivers of the market. As a result of exponentially increasing data consumption, market vendors are expected to replace the conventional network architecture with advanced cloud based radio access technology. Ongoing technological advancements in the telecommunication industry as well as growing demand for improved network coverage is expected to boost the growth of radio access technology market during the forecast period. However, stringent government regulations regarding obligation of global security standards and delay in the standardization of spectrum allocation is restraining market growth. On the other hand, considerable investment in new generations of mobile technologies, such as 4G and 5G, and development of cellular base stations by mobile operators is providing new opportunities for market growth.
The global radio access technology market is classified on the basis of communication technology, deployment, end-use and geographically. Radio access technology market by communication technology is categorized as 2G, 3G, 4G/LTE and 5G. Categorization on the basis of deployment comprises cloud based, on-premise and hybrid. Based on end-use, the market is studied for large public venues, targeted outdoor urban areas, residential areas, suburban areas, rural areas and others. The global radio access technology market has been divided into five geographic regions i.e. the Americas- North America and South America, Europe, Asia Pacific, and Middle East and Africa.
Based on communication technology, the 3G and 4G segment in the radio access technology market is anticipated to witness high growth rate during the forecast period. This is due to growing demand for mobile data services such as multimedia sharing, online video streaming, and increasing adoption of online mobile applications has compelled the need for strong connectivity and network densification. By deployment type, the cloud based deployment is forecasted to hold a large market share owing to widespread trend of smartphone adoption and the multiple benefits offered by cloud radio access technology to it. Among various end use segments, the urban segment is predicted to hold a large market share. Growth in data centers and the need for enhanced data capacity as well as network coverage in dense environments, such as targeted outdoor urban areas and large public venues (example- enterprises, stadiums and subways).
Geographically, North America is anticipated to hold maximum market share for radio access technology market. Dedicated focus of network operators on providing advanced networking technology solutions to the consumers is likely to be responsible for this growth. Asia Pacific region is estimated to be among fastest growing region primarily due to growing adoption of advanced networking technologies such as 4G/LTE and 5G across countries such as China, India, and Japan. Rapidly evolving Internet of Things (IoT) ecosystem and industry in this region has also enhanced the growth of the radio access technology market. Companies in the APAC region are forward in the adoption of disruptive technologies such as Internet of Things (IoT) and artificial intelligence.
The key players of the global radio access technology market are Intel Corporation, Cisco Systems, Inc., Nokia Corporation, Ericsson AB, Telco Systems, Hitachi Data Systems Ltd., Aricent Inc., Agilent Technologies, Inc., ZTE Corporation, Ceragon Networks Ltd., Actix International Limited, and Huawei Technologies Co., Ltd., among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.