Small Cell 5G Network Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028

Published Date : Dec 2020 | No. of Pages : 250 Pages | Category : ICT

The global Small Cell 5G Network market size is expected to be worth around US$ 28,476.3 million by 2028, according to a new report by Vision Research Reports.

The global Small Cell 5G Network market size was valued at US$ 310.7 million in 2020 and is anticipated to grow at a CAGR of 77.5% during forecast period 2021 to 2028.

Growth Factors

The market attained a volume of 215 thousand units in 2019. Significant growth in the global mobile network traffic due to the massive adoption of smartphones across the globe has raised the rapid demand for high-speed data bandwidth among consumers. To deliver uninterrupted enhanced internet connectivity to consumers, Communication Service Providers (CSP) must opt for network densification and low-cost network solutions. This, in turn, is estimated to fuel the deployment of small cell 5G networks globally over the forecast period.

Significantly growing demand for high bandwidth capacity across a wide range of use cases such as accessing Ultra-high Definition (UHD) videos, cloud-based AR/VR gaming, and continual HD video meetings are expected to drive adoption of small-cell 5G network during the forecast period. Besides, to cater to the robust demand for improving data coverage and capacity in several crowded public places such as stadiums, airports, and malls, the deployment of small cell 5G networks is expected to see considerable growth over the forecast period. Moreover, the rising trends for telemedicine, remote patient monitoring, and remote surgeries across key countries such as the U.S., China, the U.K., and Japan, have surged the demand for faster data bandwidth in a bid to deliver unified connectivity in such critical applications. Also, the massive investments by federal governments in deploying advanced technologies across healthcare facilities is further anticipated to boost the installation of small cell 5G network globally.

Report Highlights

In terms of volume, the femtocell segment dominated the market with a share exceeding 60.01% in 2019. This is attributed to its increasing demand to attain unified bandwidth coverage for several enclosed applications such as malls, homes, offices, and hospitals. Small cells are mainly available into three categories, including femtocells, picocells, and microcells, based on their different ranges. The covering bandwidth ranges of femtocells, picocells, and microcells encompass up to 50 meters, up to 250 meters, and up to 3 Kilometers, respectively.

In terms of value, the non-standalone (NSA) network model dominated the market with a share exceeding 85.01% in 2019. This is attributed to the early rollouts of the non-standalone network across the globe. The non-standalone network is generally deployed in integration with the existing legacy network infrastructure. Besides, several key service providers such as AT&T, Inc, Verizon Communications, and China Mobile Limited, have firstly deployed a 5G NSA network model catering to primary uses cases such as cloud-based AR/VR gaming and UHD videos.

virtualized network architecture dominated the market with a share of more than 55.01% in 2019. This is attributed to a robust deployment of small cell 5G network with a centralized baseband unit controllable architecture. This helps service providers to reduce the Total Cost of Ownership (TCO) and increase the overall flexibility of the network by managing virtually all the small cell base stations. Besides, the introduction of Software-defined Networking (SDN) technology and Network Function Virtualization (NFV) to improve the operational efficiency of the RAN network is further expected to augment the segment growth from 2020 to 2027.

Outdoor small cells are primarily installed for public networks in suburban, urban, or rural areas. The swiftly growing number of Internet of Things (IoT) devices across many applications such as autonomous vehicles and vehicles to infrastructure (V2I) connectivity have generated the need for high-speed data capacity. Additionally, the deployment of lamp post small cells is gaining popularity in rapidly building smart cities across the globe. This, in turn, is estimated to fuel the growth of the outdoor segment at a CAGR of 87.5% from 2020 to 2027.

mmWave frequencies are high band frequencies that provide enhanced bandwidth capacity with very low latency. These spectrum bands would be mainly helpful in applications where ultra-reliable connectivity is a prerequisite, especially in remote patient surgeries and vehicle to vehicle (V2V) connectivity. Additionally, few federal governments across developed economies have released mmWave spectrum bands to provide enhanced data services. For instance, the Federal Communication Commission (FCC) released several mmWave frequencies, including 24.25-24.45 GHz, 47.2-48.2 GHz, 24.75-25.25 GHz, and 38.6-40 GHz, among others with a view of delivering ultra-reliable connectivity for applications such as autonomous vehicles. Countries like Russia, Japan, South Korea, and Italy, have released mmWave frequencies for improved data capacity. Thus, increased focus to release mmWave frequencies by key federal governments across many countries is expected to augment the mmWave segment growth from 2020 to 2027.

In terms of value, corporates/ enterprises dominated the market with a share of nearly 60.01% in 2019. This is attributed to the growing deployment of small cell 5G networks across large as well as Small and Medium Enterprises (SMEs) across the globe. This 5G RAN network helps enterprises cater to the demand for massive data capacity and coverage needs at a very affordable cost. Moreover, small cell 5G networks also help organizations to utilize the existing broadband infrastructure to deploy these next-generation networks. Besides, initially, the small cell 5G networks have been seen a colossal adoption across residential applications such as, cloud gaming, and home broadband.

With the presence of large service providers such as AT&T Inc.; Sprint Corporation; T-Mobile; and Verizon Communications; the U.S. market is also expected to grow at a significant rate over the forecast period. A multitude of investments made in deploying small cell network by the afore-mentioned companies is anticipated to help the market reach USD 7.05 billion by 2027. For instance, in September 2018, T-Mobile signed an agreement with Ericsson a worth of USD 3.5 million to support T-Mobile’s 5G network infrastructure. Also, in this deal, Ericsson will provide 5G New Radio (NR) hardware and software to T-Mobile for offering high-speed internet.

Key Players

  • Huawei Technologies Co., Ltd.

  • Samsung Electronics Co., Ltd.

  • Nokia Corporation

  • Telefonaktiebolaget LM Ericsson

  • ZTE Corporation

  • Fujitsu Limited

  • CommScope Inc.

  • Comba Telecom Systems Holdings Ltd.

  • Altiostar

  • Airspan Networks

  • Ceragon

  • Contela

  • Corning

  • Baicells Technologies

Market Segmentation

  • Component Outlook

    • Hardware

      • Picocell

      • Femtocell

      • Microcell

    • Services

      • Consulting

      • Deployment & Integration

      • Training and Support & Maintenance

  • Network Model Outlook

    • Standalone

    • Non-standalone

  • Network Architecture Outlook 

    • Distributed

    • Virtualized

  • Deployment Mode Outlook 

    • Indoor

    • Outdoor

  • Frequency Type Outlook

    • Sub-6 GHz

    • mmWave

    • Sub-6GHz + mmWave

  • End-user Outlook

    • Residential

    • Commercial

      • Corporates/ Enterprises

      • Hospitals

      • Hotels & Restaurants

      • Malls/Shops

      • Stadiums

      • Others

    • Industrial

      • Smart Manufacturing

      • Energy & Utility

      • Oil & Gas and Mining

    • Smart City

    • Transportation & Logistics

    • Government & Defense

    • Others

  • Regional Outlook 

    • North America

      • The U.S.

      • Canada

      • Mexico

    • Europe

      • The U.K.

      • Germany

      • Italy

      • Russia

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • South America

      • Brazil

    • Middle East & Africa (MEA)

The Small Cell 5G Network market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Small Cell 5G Network market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Small Cell 5G Network market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Small Cell 5G Network market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Small Cell 5G Network market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Small Cell 5G Network capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Small Cell 5G Network by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Small Cell 5G Network market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Small Cell 5G Network market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Small Cell 5G Network market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Small Cell 5G Network industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Small Cell 5G Network market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Small Cell 5G Network market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Small Cell 5G Network market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Small Cell 5G Network market. These factors have benefited the growth of the global market for Small Cell 5G Network. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Small Cell 5G Network. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Small Cell 5G Network are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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