According to the latest report, the global radio access network (RAN) base station equipment market will exceed $26 billion in 2023, with a compound annual growth rate of 5%. These include indoor and outdoor RAN equipment, including macro base stations, outdoor small base stations, indoor small base stations, and distributed antenna systems (DAS).
Nick Marshall, research director of ABI Research, said: "The current RAN equipment market is undergoing multiple technological transformations.This is because network operators are working hard to achieve macro network densification through small base stations, solve indoor wireless technology problems, and gradually evolve into new technologies such as 5G, LAA (Licensed Access), Unlicensed, and Shared Spectrum technologies. As the network evolves to include Multiple Input Multiple Output (MIMO), Massive MIMO, 256 QAM, and Carrier Aggregation, this continuation This transformation took place during the evolution of technology."filling compound for optical fiber loose tube
The indoor equipment market expenditure, which currently accounts for 27% of the RAN market, will grow at a compound annual growth rate of 15.5%, and the market share will reach 42% by 2023. The Asia Pacific region, which includes the world's largest and growing RAN market, will continue to dominate with a 58% market share, with North America and Europe ranking second and third respectively. LTE updates and upgrades will continue to dominate the sales of infrastructure equipment in North America and Asia Pacific, and the market share of 5G equipment will begin to grow from 2019.filling compound for optical fiber cable
Marshall pointed out: “The overall market is healthy, but the potential technological shifts are complex, and only those suppliers who can take advantage of these technological shifts can benefit, including Ericsson, Huawei, Nokia, Samsung and ZTE.” With the development of these technological transformations, not only traditional suppliers will benefit, but many professional suppliers are also prepared to take a share.water blocking cable filling gel