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Emergence of Citizen Broadband Radio Service band and increasing government initiatives to deploy 5G networks are key factors driving market growth

VANCOUVER, BC, CANADA, June 28, 2022 /EINPresswire.com/ -- The Global Small Cell 5G Network Market size is expected to reach USD 4,749.43 Million at a CAGR of 28.7% during the forecast period, according to latest analysis by Emergen Research. Key factors driving market revenue growth include rising government focus on digitalization of processes, rapidly increasing mobile data traffic, emergence of Citizen Broadband Radio Service (CBRS) band, rising demand for high-speed Internet, and increasing penetration of mobile devices in remote areas.

CBRS prevents interferences between indoor and macro networks, enables multi-operator support, and provides more cost-effective mobile network coverage for small, medium, and large enterprises. Increased government funding for development of 5G infrastructure is another key factor driving growth of the market. In February 2021 for instance, the telecom ministry of the Government of India announced auctioning of 5G spectrum worth over USD 40 Billion. In 2020, South Korea launched the first Small Cell 5G network and aims to convert 60% of all the mobile subscriptions to 5G network by 2025.

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Based on the competitive landscape, the market report analyzes the key companies operating in the industry:

Ericsson

Huawei

ZTE

Cisco

NEC

Nokia

CommScope

Airspan Networks

ip.access, and Corning.

Some Key Highlights from Report

In April 2020, Ericsson and GCI entered into a partnership with an aim to deploy 5G small cell sites in Anchorage, USA and upgrade to 5-band 5G NR solution.

In February 2020, CommScope upgraded its small cell solution OneCell with the introduction of new radio points, open interfaces and virtualized RAN functions.

In October 2019, 5G full-series solutions was launched by Huawei at the Global Mobile Broadband Forum.

North America accounted for the largest revenue share in 2020, which is expected to further increase to a significant extent during the forecast period. This can be attributed to the positive approach of key players in the region such as Sprint and T-Mobile for commercialization of 5G networks. Increase in government funding for research and development of 5G infrastructure in countries of the region is also a key factor supporting market growth.

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For this report, Emergen Research has segmented the global small cell 5G network market based on radio technology, cell type, deployment mode, end use, and region.

Radio Technology Outlook (Revenue, USD Million; 2018–2028)

5G New Radio (NR) Standalone

5G NR Non-Standalone

Cell Type Outlook (Revenue, USD Million; 2018–2028)

Picocells

Femtocells

Microcells

Deployment Mode Outlook (Revenue, USD Million; 2018–2028)

Outdoor

Indoor

End-Use Outlook (Revenue, USD Million; 2018–2028)

Residential

Commercial

Industrial

Smart City

Transportation & Logistics

Government & Defense

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Regional Outlook (Revenue, USD Million; 2018–2028)

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Italy

Spain

BENELUX

Sweden

Finland

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Turkey

Rest of MEA

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 Key Benefits of Buying the Global Small Cell 5G Network Report:

Comprehensive analysis of the changing competitive landscape

Assists in decision making processes for the businesses along with detailed strategic planning methodologies

The report offers an 8-year forecast and assessment of the Global Small Cell 5G Network Market

Helps in understanding the key product segments and their estimated growth rate

In-depth analysis of market drivers, restraints, trends, and opportunities

Comprehensive regional analysis of the Global Small Cell 5G Network Market

Extensive profiling of the key stakeholders of the business sphere

Detailed analysis of the factors influencing the growth of the Global Small Cell 5G Network Market

Thank you for reading our report. To know more about the customization of the report, please get in touch with us, and our team will ensure the report is suited to your requirements.

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