Title: Wireless RAN Market - Forecast (2022 - 2027)
1Wireless RAN MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Global Wireless RAN Market is analyzed to grow at
a CAGR of 8.6 during the forecast 2021-2026 to
reach 31.6 Billion. Wireless RAN can be referred
as the LTE core network technology which focuses
on offering cost-effective high bit rate and peak
data rates coupled with optimum performance
levels. - The growth in the market is majorly attributed to
the rising shift towards IoT connectivity and the
need for improved network performance such as
reduced latency, high speed transmission with
many others. Introduction of Wireless RAN was
done in order to cope up or address the
challenges of unlicensed spectrum requirements,
referred to as Licensed Assisted Access (LAA),
resulting in growth of Wireless RAN market size.
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- Key Takeaways
- There is a significant preference for local
players in East Asian market with Huawei and ZTE
dominating the market in China and Samsung
emerging as a market leader in South Korea - Samsung is witnessing significant growth as the
company has signed a number of agreements for 5G
rollout in this region. - Nokia has witnessed a lot of rollover contracts
in this region as its LTE customers have
significantly expanded their relationship with
the company through 5G contracts
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Wireless RAN Market Segment Analysis - By
Geography Asia Pacific is expected to have a
major growth in the global Wireless RAN market
during the forecast period from 2021 to 2026 at
36.5 share in 2020. High investments towards
research and development activities along with
the rising growth of consumer electronics sector
have been fuelling the growth for Wireless RAN
market in this region. Moreover, factors such as
increasing smartphones user penetration and
growing digitization have been also helping
towards significant market growth for Wireless
RANs.
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- Wireless RAN Market Industry OutlookÂ
- Ericsson
- Huawei
- Nokia
- ZTE
- Samsung
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2027) Learn More About the Report _at_
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-ran-market.html
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