GLOBAL SMALL CELLS MARKET FORECAST 2019-2027
The global small cell market is forecasted to rise at a CAGR of 25.16% for the period 2019-2027, generating $XX million revenue at the end of 2027.
NEW YORK, Feb. 12, 2019 /PRNewswire/ -- KEY FINDINGS
The global small cell market is forecasted to rise at a CAGR of 25.16% for the period 2019-2027, generating $XX million revenue at the end of 2027. The market is mainly driven by factors such as the growing propagation of small cells, growing mobile data traffic, improvements in mobile broadband technology and a rising need for efficient public safety operations.
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MARKET INSIGHTS
In terms of the location segment, the urban segment is the fastest growing market in terms of revenue.In the urban segment, the transceiver with 3G and 4G/LTE radio serves as the connection point between a wireless device and the cellular network for thickly populated environments such as outdoor (such as parks or city centers) or indoor (such as convention centers, shopping malls, or transport hubs).
These are connected with the macro layer through a HetNet.The urban small cells are designed for high traffic areas and embedded into strong cabinets suitable for deployment in areas that are not under supervision.
They also perform the same functions as a base transceiver station (BTS), but with coverage on a scale of several hundred meters (200 m max), support 8 to 64 users, and output power of 1 W to 2 W.
As the use of small cell is growing rapidly, it will also have some hindrances associated with it. Some of them are site acquisition and working with building owners for outdoor deployments are somewhat challenging, cross-interference between networks, high deployment costs, high pricing of bandwidth, insufficient backhaul capacity & security and vulnerability issues.
REGIONAL INSIGHTS
Geographically, the market is dispersed into four major regions: North America (U.S. & Canada), Asia-Pacific (China, India, Japan, Australia, South Korea and Rest of APAC), Europe (UK, France, Germany, Spain, Italy and Rest of Europe) and the Rest of World- (Latin America, Middle East and North Africa, Rest of Africa). The Asia Pacific market is expected to be the global leader by 2027, on account of a large scale demand for high-speed data networks in most countries of this region. Also, the Asia-Pacific market is predicted to exhibit the fastest growth owing to countries such as Japan and China, where there will be a rapid penetration of smartphones.
COMPETITIVE INSIGHTS
The major players competing in the global small cell market are Hitachi Ltd., ZTE Corporation, CommScope Holding Company Inc., Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., NEC Corporation, Ericsson, Nokia Corporation and Airspan Networks Inc.
Companies mentioned
1. ERICSSON
2. HITACHI LTD.
3. AIRSPAN NETWORKS INC.
4. COMMSCOPE HOLDING COMPANY INC.
5. HUAWEI TECHNOLOGIES CO. LTD.
6. NEC CORPORATION
7. NOKIA CORPORATION
8. SAMSUNG ELECTRONICS CO. LTD.
9. ZTE CORPORATION
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