Increase in investment in 5G infrastructure by numerous countries fuels the market growth.
PORTLAND , PORTLAND, OR, UNITED STATE, July 21, 2022 /EINPresswire.com/ -- Rise in network densification, increase in mobile data traffic, emergence of Citizens Broadband Radio Service (CBRS) band, and surge in investment in 5G infrastructure by numerous countries drive the growth of the global small cell 5G network market.
However, concerns regarding fiber backhaul and challenges associated with small cell deployment hinder the market growth. On the other hand, advent of internet of things (IoT) and demand for ultra-reliable and low-latency communications present new opportunities in the coming years.
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The report offers detailed segmentation of the global small cell 5G network market based on component, radio technology, frequency band, cell type, application, end user, and region.
Based on component, the solution segment accounted for the largest share in 2020, holding nearly two-thirds of the total share, and is projected to continue its lead position during the forecast period. However, the services segment is expected to witness the fastest CAGR of 39.0% from 2021 to 2030.
Based on end user, the commercial segment held the highest share in 2020, accounting for nearly half of the global small cell 5G network market, and is expected to maintain its dominant share during the forecast period. However, the smart city segment is estimated to manifest the highest CAGR of 44.9% from 2021 to 2030.
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Based on region, North America contributed to the highest share in 2020, accounting for around half of the total share, and is estimated to continue its leadership status in terms of revenue by 2030. However, Asia-Pacific is projected to portray the largest CAGR of 40.8% during the forecast period.
Some of the key small cell 5G network industry players profiled in the report include Altiostar Networks, Inc., Aviat Networks, Inc., Baicells Technologies, Blinq Networks, Cambium Networks Corporation, Casa Systems, Inc., Ceragon Networks Ltd, Comba Telecom Systems Holdings Ltd., Contela Inc., Shenzhen Gongjin Electronics Co., Ltd., IP.Access Ltd., Pctel, Qucell Inc., Radisys Corporation, and Radwin. This study includes market trends, small cell 5G network market analysis, and future estimations to determine the imminent investment pockets.
Key Benefits For Stakeholders
• This study includes the small cell 5G network market analysis, trends, and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and small cell 5G network market opportunity.
• The small cell 5G network market size is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the industry.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in small cell 5G network market.
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