The growth of the market
for mobile data be a crucial, contributing factor for the growth of the market
for Small cell network market, as the use of high-speed data by a large
population in an urban area is rising with the rise in mobile applications and
technology.
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.
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
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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.
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)
- Femtocell
- Microcell
- Picocell
- Metrocell
- 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)
- Government
- Retail
- Education
- Energy and power
- Banking, financial services,
and insurance
- Healthcare
- Hospitality
- Others
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