Global Small Cell 5G Network Market
This report provides a detailed analysis of the market segment based on frequency band, 5G application, component, cell type, deployment mode, radio technology, end-user and region. This report also focuses on the top players in North America, Asia Pacific, Europe, Middle East & Africa, and South America. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology.
The next-generation applications, for example, tactical communication, Industrial IoT, connected healthcare, connected cars, driverless car, edge computing, and smart city use cases require higher bandwidth and low latency enabled by 5G, a new typical set by 3rd Generation Partnership Project (3GPP) for wireless connectivity.
5G is not a replacement for 3G & 4G technology, nevertheless an augmented version of 4G to deliver faster communication services. 5G caters to consumers as well as businesses based on data connectivity and would lead the next-generation communication technology market space. Increasing mobile data traffic, the emergence of citizen’s broadband radio service band, minimization of capital expenditure and operational expenditure are the major drivers of the small cell 5G network globally. The emergence of the Internet of Things and machine to machine communication is the major opportunity of the market. Though, the poor backhaul connectivity may restrain the market growth. Indoor deployment mode is the dominating segment for the global small cell 5g network market. Indoor areas have already been high-value markets for various telecom operators. The growing data traffic on mobile networks and the increasing need for high bandwidth spectrum are the major factors that are expected to boost the adoption of small cells in the indoor segment by deployment mode.
Telecom operators segment is expected to hold a larger market size in the global small cell 5G network market over the forecast period. Currently, telecom companies are more focused on providing 5G services under sub 6GHz for delivering enhanced mobile broadband services. Moreover, they are aggressive to provide Internet of Things (IoT) and low latency communication services on mmWave or higher frequency bands, which would play a significant role in accelerating the growth of small cell deployment in the 5G network. Region-wise, North America is estimated to account for the largest market size throughout the forecast period. North America is a well-known leader in adopting advanced technologies. Operators across North America are expected to deploy small cell solutions on their 5G mobile infrastructures; Such as AT&T, Verizon, Sprint, and T-Mobile have shown positive approach near commercializing 5G networks. A recent development, In November 2018, Huawei signed a Memorandum of Understanding (MoU) with edotco, an integrated telecommunications service supplier, in Malaysia for the implementation of digital mobile network solutions. Post this agreement, Huawei improved its market share in Italy by offering multi-operator, and multi-technology indoor and outdoor solutions on the base of 5G-ready small cell networks.
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About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healt..