- Increased adoption of advanced technologies coupled with increase in the evolution of communication system.
- Small cells transfer the low power signal by using small base as compared to macro cells.
- North America is expected to dominate the small cell market.
Small cells are the mini cells used in telecom and data transfer. These small cells transfer the low power signal by using small base as compared to macro cells. Small cells provide much better voice quality in mobile phones, better battery life and high performance.
Small cells are also able to provide better network coverage and even access to remote areas which may include highly populated and dense area to remote outdoor locations.
The Small Cell Market is valued at $11.3 Billion in 2018 and expected to reach $23.7 Billion By 2025 with the CAGR of 11.2% over the forecast period.
The Small Cell Market report is segmented on technology, product, end user and by regional & country level. Based upon technology, small cell market is segmented into 2G Technology, 3G Technology, 4G/LTE Technology and 5G Technology. On the basis of product, the market is segmented into Femtocell, Microcell, Metrocell, and Picocell. Based upon end user, small cell market is classified into Residential & SOHO and Enterprise.
The regions covered in this Small Cell market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Small Cell market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Some major key players for Small Cell market are Airspan Networks Inc., Nokia, Hitachi Ltd., Ericsson, Huawei Technologies Co. Ltd., and Cisco Systems Inc., among others.
Constant technological advancement in the communication system has led to the evolution of communication systems over the period of time, which benefits the small cell market. Furthermore, an increase in automation for superior services and the evolution of existing technology and systems are expected to drive the growth of small cells market over the forecast period.
Moreover, advanced software for better management and low implementation cost due to the third party deployment are expected to support the growth of the small cells market. However, there are some challenges which may hinder growth of small cell market: low cost of deployment and using a low skilled workforce may negatively affect the small cell market.
North America accounted for largest share to dominate the small cell market. The presence of developed countries such as U.S., Canada and others are further expected to drive the growth of small cell market in the near future due to high adoption of advanced technologies and infrastructure coupled with large scale implementation of telecom services.
Europe is expected to be the second largest growing market after North America due to the developed infrastructure and technological advancement, supporting growth of the small cell market over the forecast period.
Asia Pacific is expected to be the fastest growing region due to the presence of developing economies such as India, China and others. These countries have developing infrastructure and in-house technology development supports the growth of the small cell market. Furthermore, developing telecom services and advancement in the existing technology may drive the small cell market. Latin America, Africa and Middle East are expected to develop moderately over the forecast period.