The global small cell 5G network market size is expected to grow from USD 528 million in 2019 to USD 3509 million by 2025, at a Compound Annual Growth Rate (CAGR) of 37.1% during the forecast period. The major growth drivers for the market include the growth in mobile data traffic, the emergence of Citizens Broadband Radio Services (CBRS) band, and lowered Capital Expenditure (CAPEX). However, the poor backhaul connectivity may restrain the market growth.
The traditional and emerging market players in the small cell 5G network market include Ericsson (Sweden), Huawei (China), ZTE (China), Cisco (US), NEC (Japan), Nokia (Finland), CommScope (US), Airspan Networks (US), ip.access (UK), Corning (US), Fujitsu (Japan), Samsung (South Korea), Comba Telecom (Hong Kong), Contela (South Korea), and Baicells Technologies (US). These players have adopted various strategies, such as partnerships, collaborations, agreements, acquisitions, and new product launches, to achieve growth in the global small cell 5G network markets. Partnerships and acquisitions have been the most dominating strategies adopted by these major players from 2017 to 2018, which have helped them innovate their offerings and broaden their customer base.
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Ericsson is one of the leading vendors in the small cell 5G network market. The company provides superior connectivity with the help of macro networks, and indoor and outdoor small cells that enable users to receive seamless and robust services. In September 2018, Ericsson partnered with Juniper Networks, a provider of networking solutions, to cover the development of Juniper Network’s 5G transport network solution. As per this partnership, both the firms combined their backhaul/front haul, cybersecurity, microwave, radio, and unified management solutions for helping carriers in shifting from the 4G network to the 5G network. Moreover, in August 2017, the company launched 3 new small cell solutions, namely, Multi-Operator Dot, Multi Dot Enclosure, and Stand Mount Unit. The company aims at expanding its operations in the small cell 5G network market and meeting the growing demands, such as better mobile coverage and capacity.
Huawei offers small cell outdoor and indoor networking solutions, which provide high integration, fast mobile broadband network construction, and diverse enterprise services. In November 2018, Huawei offered small cell outdoor and indoor networking solutions, such as AtomCell, LampSite, and Pico, which provide high integration, fast mobile broadband network construction, and diverse enterprise services. Moreover, in February 2018, the company signed an agreement with Telecom Italia to improve indoor coverage and expand network capacity based on the 5G-ready small cell network across Italy. Huawei’s solution supports operators’ transition to 5G while it also pursues the leading advantages in the indoor coverage with maximized investment efficiency.
Related Reports:
Small Cell 5G Network Market by Component (Solutions and Services), Radio Technology (5G NR (Standalone and Non-Standalone)), Cell Type (Picocells, Femtocells, and Microcells), Deployment Mode, End User, and Region - Global Forecast to 2025
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