New York, NY, April 15, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Small Cell 5G Network Market by Radio Technology (Standalone and Non-Standalone), by Product (Femto Cell, Pico Cell, Micro Cell, Metro Cell, and Wi-Fi), by Component (Solutions and Services), and by End-User (Telecom Operators and Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global small cell 5G network market was valued at around USD 381 million in 2018 and is expected to reach approximately USD 3,495 million by 2025, at a CAGR of slightly above 37.2% between 2019 and 2025.
Small cells are termed as short-range and low-powered wireless transmission systems that are deployed for covering small geographical areas. However, these cells comprise all basic characteristics and functions offered by any traditional base station. Small cells are anticipated to play a crucial role in the 5G network, as they efficiently deliver high-speed mobile broadband and perform several other low latency applications.
Browse through 42 Tables & 25 Figures spread over 202 Pages and in-depth TOC on “Global Small Cell 5G Network Market: Industry Type, Size, Share, Technology, Growth, Analysis, and Forecast, 2018–2025”.
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Mobile data traffic is basically internet content transferred to various mobile consumer electronics, such as tablets and smartphones. According to a recent survey, it is reported that worldwide mobile traffic is forecast to accelerate with a factor of 5, accounting 136EB per month by 2024. 5G networks are expected to carry nearly one-third of the mobile data traffic globally by 2024. Furthermore, it is projected that most of the cellular connectivity worldwide will be centered on 5G network technology by the end of 2024 With the rise in the number of mobile data traffics, the demand for technically advanced telecommunication network is at peak. By the deployment of the 5G network, the rising data usage will meet the efficient network quality required. Emerging network enhancement needs due to the global rise in mobile data traffic is likely to propel the market for small cell 5G network to a greater extent. However, the poor backhaul connectivity may hinder the overall growth of the small cell 5G network market globally. The worldwide commercialization of 5G technology is anticipated to create lucrative growth opportunities for the small cell 5G network market in the future.
The global small cell 5G network market is segmented on the basis of radio technology, product, component, and end-user. The radio technology segment is classified into standalone and non-standalone. Due to the availability of advanced in-built capabilities, the non-standalone segment is projected to witness rapid growth over forecast timeframe. The product segment includes femto cell, pico cell, micro cell, metro cell, and WI-FI. The component segment is classified into solutions and services. By end-user, the small cell 5G network market includes telecom operators and enterprises.
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The rising number of market relevant business activities, such as product launch, collaborations, partnerships, and mergers and acquisitions, are primarily contributing toward the small cell 5G network market in Europe. On 30th August 2017, Ericsson launched three new scalable small cell solutions to meet the rising demand for better mobile coverage. Deployment of small cell 5G network requires huge initial investments. Europe can afford hefty deployment expenditure due to the remarkable presence of developed economies, such as Germany, United Kingdom, France, and Italy.
The Asia Pacific small cell 5G network is forecasted to grow at the highest rate in the future, due to the rise in mobile data traffic. Internet content conveyed to mobile devices is termed as mobile data traffic. There is a constant need for technological advancement of communication networks to cope up with the rising mobile data traffic management demand. The north-eastern part of the Asia Pacific is considered to be the most populated area and held the largest mobile data traffic share globally in 2017. North East Asia generated 30% worldwide mobile traffic data in 2018. Furthermore, the emerging mobile broadband subscriptions act as an add-on to the regional market demand. By 2024, the number of mobile broadband subscriptions in China is expected to reach 170 million.
Browse the full “Small Cell 5G Network Market by Radio Technology (Standalone and Non-Standalone), by Product (Femto Cell, Pico Cell, Micro Cell, Metro Cell, and Wi-Fi), by Component (Solutions and Services), and by End-User (Telecom Operators and Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/small-cell-5g-network-market
Accelerating smartphone penetration is propelling the Latin American market. Currently, smartphones generate 90% mobile data traffic and this figure is expected to reach 95% by 2024. The number of smartphone users in Latin America reached 214.3 million in 2017. Furthermore, the total mobile data traffic in the Middle East and Africa is forecasted to increase nine times in the upcoming years.
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Some key participants operating in the global small cell 5G network market include Baicells Technologies, ZTE, Ericsson, Huawei, Nokia, Contela, Comba Telecom, Airspan Networks, Samsung, Fujitsu, and Corning, among others.
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This report segments the global small cell 5G network market as follows:
Small Cell 5G Network Market: Radio Technology Analysis
- Standalone
- Non-Standalone
Small Cell 5G Network Market: Product Analysis
- Femto Cell
- Pico Cell
- Micro Cell
- Metro Cell
- Wi-Fi
Small Cell 5G Network Market: Component Analysis
- Solutions
- Services
Small Cell 5G Network Market: End-User Analysis
- Telecom Operators
- Enterprises
Small Cell 5G Network Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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