Small Cell 5G Network Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Services); By Network Model; By Network Architecture; By Deployment Mode; By Frequency Type; By End-use; By Region; Segment Forecast, 2024-2032
The global small cell 5G network market size is expected to reach USD 172.32 billion by 2032, according to a new study by Polaris Market Research. The report “Small Cell 5G Network Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Services); By Network Model; By Network Architecture; By Deployment Mode; By Frequency Type; By End-use; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Small cell networks are characterized by their distributed architecture, consisting of small, low-power base stations deployed in close proximity to users. This architecture enhances network capacity, improves coverage, and reduces latency, leading to better overall performance for 5G networks. The proliferation of bandwidth-intensive applications such as streaming video, online gaming, augmented reality (AR), and virtual reality (VR) drives the demand for high-speed data connectivity. Small cell networks help meet this demand by offloading traffic from macrocell networks and providing localized capacity where it's needed most.
The increasing global utility of smartphones is propelling the need for superior connectivity. This is encouraging technological companies to invest in infrastructure development and research activities to meet growing consumer demand.
According to the Ericsson Mobility Report 2023, the mobile data traffic per smartphone is expected to reach 75 GB monthly by 2029, up from 31 GB in 2023. This trend is likely to increase the adoption of small-cell 5G technology in the coming years.
The increasing number of companies showing interest in adopting a small cell 5G network to improve the performance of their product offerings is positively impacting the global market. For instance, in February 2024, Lattice Semiconductor announced upgrades to its ORAN solution stack, including the integration of 5G small cells to promote flexible bridging and reduce power capabilities.
The growing awareness about smart cities and rising global interest in the increasing working population, contributing to the increasing disposable income, are expected to create a favorable market for the small cell 5G network. Further, small cell networks offer opportunities for enterprise solutions, including private 5G networks for industrial automation, smart manufacturing, and campus environments. These networks provide dedicated connectivity tailored to specific business needs, enhancing efficiency and productivity.
Small Cell 5G Network Market Report Highlights
The hardware segment is anticipated to witness the highest growth due to the growing demand for fixed network coverage.
In 2023, the non-standalone segment accounted for the largest share, owing to its ease of deployment and affordability.
The commercial segment garnered significant revenue share due to the growing number of companies utilizing the Internet.
Europe is projected to register the fastest growth, attributable to the increasing number of smartphone users.
The global players include Airspan Networks, Altiostar, Baicells Technologies, Ceragon, CommScope, Comba Telecom Systems Holdings, & Contela.
Polaris Market Research has segmented the small cell 5G network market report based on component, network model, network architecture, deployment mode, frequency type, end-use, and region:
Small Cell 5G Network Market, Component Outlook (Revenue - USD Billion, 2019 - 2032)
Hardware
Picocell
Femtocell
Microcell
Services
Consulting
Deployment & Integration
Training And Support & Maintenance
Small Cell 5G Network Market, Network Model Outlook (Revenue - USD Billion, 2019 - 2032)
Standalone
Non-standalone
Small Cell 5G Network Market, Network Architecture Outlook (Revenue - USD Billion, 2019 - 2032)
Distributed
Virtualized
Small Cell 5G Network Market, Deployment Mode Outlook (Revenue - USD Billion, 2019 - 2032
Indoor
Outdoor
Small Cell 5G Network Market, Frequency Type Outlook (Revenue - USD Billion, 2019 - 2032
Sub-6 GHz
mmWave
Sub-6GHz + mmWave
Small Cell 5G Network Market, End-use Outlook (Revenue - USD Billion, 2019 - 2032
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
Small Cell 5G Network Market, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of APAC
Latin America
Argentina
Brazil
Mexico
Rest of LA
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of MEA