Single RAN Solutions Market: Introduction
Single RAN solutions enable mobile telecommunication operators to support multiple wireless telephone services and manage multiple mobile communication standards on a single network. Single RAN solutions help mobile operators to reduce the large volume of capital expenditure for the construction of separate network equipment for new communication technologies such as 5G.
Within single RAN solutions, a software-defined radio device integrates numerous network hardware compatible with the desired network which enables the operator to manage a single telecommunication network to supports multiple mobile communications standards. A single RAN solution can support the legacy 2G and 3G technologies which are demanded extensively even now in some of the developing and under developed countries.
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Single RAN Solutions Market – Dynamics
Increased focus on communication technology and 5g technology is expected to Drive Single RAN Solutions Market
The focus on the development of communication technology is always ongoing. The telecommunication industry is one of the fastest growing industries across the globe, with nearly 5 billion people using mobile phones. The total number of subscribers across the globe is also very high. Such a large market ensures that the adoption rate of new telecommunication technologies is very high. Single RAN solutions plays a critical role for the network providers to manage this huge demand as it integrates the new 5G technology with the current network equipment through a software-defined radio device. Single RAN solutions help companies to reduce the large amount of capital expenditure without interrupting the service, which is driving the growth of the market.
Stringent Regulations Related to Environment and Health across the Globe is expected to Hamper Single RAN Solutions Market
Rising concerns about the environment and health have resulted in strict regulations. Post the roll out of 5G technology, studies across the globe have expressed concerns about these issues. Although it does not emit any kind of pollutant, radio frequency radiation emitted by the network tower in the long term may hamper the health of people. Low doses of RF radiation over a long period time are linked to cancer, headaches, depression, anxiety, sleep issues, and other ailments. This could hamper the single RAN solutions market in the near future.
Rising Demand for IoT Devices is a Major Opportunity for Single RAN Solutions Market
Demand for IoT devices has increased exponentially across the globe in the past few years. Consequently, demand for better communication networks also increases. IoT devices are increasing the demand for high data speed, low latency, more flexibility, and low energy consumption, which is provided by 5G technology. This high adoption of 5G and IoT devices is expected to drive the demand for single RAN solutions to be deployed on a large scale to manage maximum number of IoT devices.
North America Expected to Dominate the single RAN solutions Market in Terms of Size
In terms of region, the global single RAN solutions market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the market as adoption rate of smartphones as well as IoT devices is very high which is the major factor increasing the demand for single RAN in the region.
Single RAN Solutions Market –Competitive Landscape
- In May 2019, U Mobile and Nokia collaborated and signed a three year contract to deploy single RAN advanced network in Malaysia.
- In April 2018, 5G-oriented SingleRAN Pro Solutions was launched by Huawei Technologies Co., Ltd at the Huawei Global Analyst Summit 2018. This solution would cater to 2G, 3G, 4G, and 5G on one network with an automatic intelligent management system.
Huawei Technologies Co., Ltd.
Founded in 1987, Huawei Technologies Co., Ltd. is headquartered in Shenzhen, China. The company is one of the top global providers of information and communications technology (ICT) infrastructure and smart devices. Within its product portfolio, it provides SingleRAN PRO. The company has started the deployment of this solution in many countries across the globe.
Founded in 1865, Nokia is based in Espoo, Finland. The company is focused on providing an end-to-end portfolio of network equipment, software, services, and licensing related to communication. Within the Radio Access Networks (RAN) of the company’s solutions portfolio, Nokia provides Single RAN Advanced which is an integration of multipurpose hardware and common software for 2G, 3G, TD- and FD, 4G, and 5G technologies.
Single RAN Solutions Market: Segmentation
The global single RAN solutions market can be segmented based on:
- Communication Technology
Single RAN Solutions Market Segmentation, by Communication Technology
Based on communication technology, the single RAN solutions market can be divided into:
Single RAN Solutions Market Segmentation, by Application
In terms of application, the single RAN solutions market can be bifurcated into:
- Global System for Mobile Communications (GSM)
- Universal Mobile Telecommunications Service (UMTS)
The report on the single RAN solutions market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The single RAN solutions market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on the single RAN solutions market segments and geographies.
Regional analysis of the single RAN solutions market includes:
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players 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.