Small Cell Network

Small Cell Network

Small Cell Network refers to the contemporary form of wireless infrastructure which consists of a densely connected network of numerous antennas distributed in living or working areas. They are like the pocket version of cell towers. In recent years, the rapidly growing smart homes and connected IoT devices along with the rising mobile data traffic have made telecom companies invest more towards network densification to provide high-speed network capacity to mass consumers. Moreover, the emergence of the 5G network has fueled the growth of the small cell network market.

The Small Cell Network Market is expected to grow at a strong CAGR of 22.5% during the forecast period owing to the increasing demand for high speeds and low-latency networks. Moreover, advancements in edge computing, the rising demand for smart cities initiatives, and the need for real-time data processing are driving the market. Also, smartphone penetration and increasing awareness about the internet in rural areas are also driving the market. Furthermore, market key players are adopting strategies like mergers or acquisitions, collaborations, and partnerships to provide advanced products and boost the growth of the market. For instance, Everest Infrastructure Partners a well-known company has recently completed the acquisition of a portfolio of wireless communications tower assets from Communications Tower Group

• Based on the operating environment, the market is bifurcated into indoor and outdoor. Amongst these, the outdoor segment withholds higher CAGR during the forecast period owing to the increasing demand for mobile data and the need to improve network coverage in rural areas and capacity in outdoor environments. Moreover, with the advent of 5G technology, the outdoor segment is expected to see significant growth in the coming years. 5G networks offer higher bandwidth and lower latency, enabling more advanced applications and services, which will require advanced software to support them.
• By type of application type, the market is segmented into BFSI, IT & Telecom, healthcare, retail, and others. Among these, the IT & Telecom segment is gaining popularity in the small cell network market as the key operators are looking for new ways to enhance their network capacity and coverage area. It is particularly well-suited for IoT applications that require low bandwidth and low data rates, such as smart meters, asset tracking, and remote monitoring. For instance, Prasar Bharti recently started working to map telecom/electricity tower networks in border areas specifically on their own 'shadow areas'- where Doordarshan does not currently have any reach and presence.
• For a better understanding of the market adoption of the Small Cell Network industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Korea, and Rest of Asia-Pacific), Rest of World. APAC in the coming years is expected to hold the fastest growth rate. Government investments in enhancing the 5G network services, thereby resulting in driving the market. Also, countries like China, Japan, and Australia have high technological growth which fuels market growth. Moreover, the growing acceptance of cloud-based solutions along with emerging technologies for example IoT and big data analytics and mobility are some key factors growing market.
• Some of the major players operating in the market include Qualcomm Qualcomm Technologies, Inc.; Huawei Technologies Co., Ltd.; Nokia; Verizon; ZTE Corporation.; Hitachi, Ltd.; Cisco Systems, Inc.; Airspan Networks.; Telefonaktiebolaget LM Ericsson; Fujitsu.