Market Size – USD 14 billion in 2018, Market Growth – CAGR of 19.9%, Market Trends – Increasing Demand for Mobile Data in Urban areas
The small cell network market is expected to grow from USD 14 billion in 2018 to USD 60 billion by 2026, at a CAGR of 19.9% during the forecast period. Mobile network usage is increasing at an astonishing rate as data rates rise driven by a voracious customer appetite for social media, video, gaming, and live streaming. With the emerging popularity of wearable and implantable devices and the growing infiltration of smart devices, the number of global mobile broadband users is escalating. Also, the rising demand for 4K videos, HD VoLTE, and VR is anticipated to create a tenfold rise in the usage of data volume per user.
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With the ubiquity of smartphone and mobile broadband technology, advancement towards 5G, an increase in mobile data as the primary use cases, the demand for small cell networks is on a notable rise
Players will require increased investments to tackle these challenges and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the small cell networks market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.
The report “Small Cell Networks Market by Type (Femtocell, Microcell, Picocell, Metrocell,), Service (Installation & Integration, Maintenance & support, Network planning and design, Professional service), Operating Environment (Indoor Operating Environment and Outdoor Operating Environment), End User (Consumer & Soho, Small & Medium Business and Large Enterprise) and Geography-Global Forecast 2026” is available now to Reports and Data customers and can also be purchased directly at: https://www.reportsanddata.com/report-detail/small-cell-networks-market
Further key findings from the report suggest
- The growth of small cell network market is directly propelled by the demand for application of technology among its array of application sectors such as in domestic, industries and military
- The small cell network market is speculated to grow from USD 14 billion in 2018 to USD 60 billion by 2026, at a CAGR of 19.9% during the forecast period.
- Mobile network usage is increasing at an astonishing rate as data rates rise driven by a voracious customer appetite for social media, video, gaming, and live streaming. With the emerging popularity of wearable and implantable devices and the growing infiltration of smart devices, there is an increase in global broadband users. The increasing demand for 4K videos, HD VoLTE, and VR is projected to create a multiplication in the usage of data volume per user. Bandwidth provisioning and non-availability of a line of sight are restricting the market.
- The key applications of small cell network market include Type, Service, Operating Environment, End-User, Vertical, and Region.
- The augmentation in the adoption of mobile-based technology for various applications by end-users across the world has ensued in a rise in the number of mobile data traffic. Densifying the network in selected areas is predicted to enable carriers to manage the rising demand for high-speed connectivity. This high dependence on the usage of mobile data has efficiently driven in the installation of small cells to reduce the issue of bottle-necks and provide its end-users the best quality of service (QoS) possible in the available spectrum.
- Femtocell technology is incorporated into cellular networks in almost the same way that all the other small cell systems are made use of, but its primary advantage is that a centralized hub is not required, which is required by other network solutions, like Distributed Antenna Systems. In general, Femtocells are used in locations where there where backhaul can be evolved without too much complication or capital investment.
- North America is the largest global small cell network market with a CAGR by 20.3% supported by the massive increase in mobile data traffic. The existing capability is unable to support the load of data, hence in turn, data requiring operators to search for more options to add capacity by integrating small cell technology.
- The Asia Pacific small cell network market is expected to boost the global market in the coming period due to rise in rural and remote deployments as well as strong indoor small cell activity from the enterprise and urban segments, which are witnessing an increase in public venue deployments.
- Some of the chief players within the market are Airspan Networks, Inc. (US), CommScope Inc. (US), Cisco Systems, Inc.(US), Ericsson (Sweden), Hitachi, Ltd.(Japan), Huawei Technologies Co., Ltd.(China), Nokia (Finland), ZTE Corporation (China), Qualcomm Telecommunications (US), and Texas Instruments(US).
- Ericsson launches small cell for 5G. Ericsson is introducing the 5G Radio Dot, a small cell radio designed to satisfy the advanced indoor mobile broadband performance requirements demanded by 5G.
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For this report, the market has been segmented on the basis Type, Service, Operating Environment, End-User, Vertical, and Region.
- Small Cell Networks Market by Type (Revenue, USD Million; 2016–2026)
- Small Cell Networks Market by Service (Revenue, USD Million; 2016–2026)
- Installation and integration
- Maintenance and support
- Network planning and design
- Professional Service
- Small Cell Networks Market, by Operating Environment (Revenue, USD Million; 2016–2026)
- Indoor Operating Environment
- Outdoor Operating Environment
- Small Cell Networks Market, by End-User (Revenue, USD Million; 2016–2026)
- Consumer and Small Office/Home Office (SOHO)
- Small and Medium Business
- Large Enterprise
- Small Cell Networks Market, by Vertical (Revenue, USD Million; 2016–2026)
- Energy and power
- Banking, financial services, and insurance
- Small Cell Networks Market Regional Outlook (Revenue, USD Million; 2016–2026)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Middle East
- South America
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