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Showing posts with the label Radio Equipment

Wireless RAN Market - Forecast(2021 - 2026)

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. The rising demand towards improving network coverage due to growth of various industry verticals as well as initiatives by telecom operators towards upgrading or advancing network communication infrastructure overtime can further drive forward the Wireless RAN industry in the l...