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Small Cell 5G Network Market to Reach $6.87 Bn, Globally, by 2026 at 45.3% CAGR, Says Allied Market Research
[November 20, 2019]

Small Cell 5G Network Market to Reach $6.87 Bn, Globally, by 2026 at 45.3% CAGR, Says Allied Market Research


Surge in network densification, growing mobile data traffic, emergence of Citizens Broadband Radio Service (CBRS) band are the major factors driving the growth of the global Small Cell 5G Network Market. North America region dominated the market in 2018

PORTLAND, Oregon, Nov. 20, 2019 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Small Cell 5G Network Market by Component (Solution and Service), Radio Technology (Standalone and Non-standalone), Frequency Band (Low-band, Mid-band, and Millimeter Wave), Cell Type (Femtocells, Picocells, and Microcells), and Application (Indoor Application and Outdoor Application): Global Opportunity Analysis and Industry Forecast, 2019-2026". According to the report, the global Small Cell 5G Network industry accounted for $344 million in 2018 and is projected to reach $6.87 billion by 2026, registering a CAGR of 45.3% from 2019 to 2026.

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Driving factors for the market

Rise in network densification, growing mobile data traffic, emergence of Citizens Broadband Radio Service (CBRS) band, and surge in investment in 5G infrastructure by several economies have boosted the growth of the global Small Cell 5G Network Market. However, small cell deployment challenges and concerns related to fiber backhaul are the factors that hamper the market growth. On the contrary, emergence of Internet of Things (IoT), and rise in demand for ultra-reliable low latency communications are expected to create lucrative opportunities in the near future.

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The solutions segment held the lion's share

The solutions segment held the largest share in 2018, contributing to more than two-thirds of the global Small Cell 5G Network Market, owing to its ability to converge various hyperdense network architectures into the advance scalable architectures. However, the services segment is projected to register the fastest CAGR of 48.4% during the forecast period, owing to its ability to increase capacity in operator networks across an array of locations and addresses.

The millimeter wave segment to portray the fastest growth through 2026

The millimeter wave segment is expected to manifest the fastest CAGR of 51.5% during the study period, owing to featurs including ubiquitous coverage, ultra-high capacity, ultra-wide bandwidth to support flexible & compatible services. However, the mid-band segment held the largest share in 2018, accounting for nearly half of the global Small Cell 5G Network Market, as with surge in number of 4G and subscriber data speeds the exponential value of ten Kbps to several Mbps has evolved from several Mbps to hundreds of Mbps.



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North America dominated the market in 2018


The global Small Cell 5G Network Market across North America region dominated the market in 2018, contributing to nearly half of the market and is anticipated to maintain its dominance throughout the forecast period. This is due to the factors including high number of players, rise in strategic trails to launch 5G technologies, and equipment in this region. Moreover, Asia-Pacific is expected to register the fastest CAGR of 52.3% through 2026. This is due to the mobile cellular industry in the region is rolling out diverse technical and commercial solutions with the arrival of small cells for 5G networks.

Major market players

  • NEC Corporation
  • Airspan Networks Inc
  • Nokia Corporation
  • Cisco Systems Inc.
  • ZTE Corporation
  • Fujitsu Limited
  • CommScope, Ericsson
  • Huawei Technologies
  • Samsung Electronics Co. Ltd.
  • CommScope Ericsson

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
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