Global Cloud RAN Market to Reach $85.9B by 2031, Growing at 23.4% CAGR
A new report by Allied Market Research projects that the global Cloud RAN (C-RAN) market will grow from $11.1 billion in 2021 to $85.9 billion by 2031, registering a 23.4% CAGR. This growth is driven by the expansion of 5G networks, cost-saving benefits in OPEX and CAPEX, and the rising adoption of digital transformation initiatives across industries.
