Telecomunicazioni
Small Cell 5G Network Market to be worth $125.5 Billion by 2030: Grand View Research, Inc.
Rapidly rising mobile data traffic across the globe enables telecom operators to migrate toward network densification to provide high-speed capacity to mass consumers. The rapidly building smart cities in developed countries such as the U.S., Canada , Singapore , U.K., Germany , Italy , and France have surged the deployment of small cell 5G networks for several applications, such as residential, industrial, commercial, and government, among others.
Also, the demand for 5G data services for several use cases, including Ultra-high Definition (UHD)/ 4K video, seamless video calling, and cloud-based VR/AR gaming, is rapidly mounting. As a result, it is further anticipated to boost the market growth over the forecast period. The small cell 5G network is anticipated to facilitate telecom operators to fulfill the demand for enhanced data connectivity for several industrial and enterprise business applications.
Some of the largest economies, such as the U.S. and China , are expected to continue spending insistently on provisioning healthcare facilities. The healthcare industry, especially in developed economies, has begun emphasizing remote diagnosis and patient surgeries. Additionally, the COVID-19 pandemic has enabled several key countries to build more robust healthcare capabilities through investing in advanced technologies such as 5G infrastructure. Thus, to deliver constant data connectivity during remote patient surgeries and telemedicine, the demand for small cell 5G network is expected to drive the market growth from 2022 to 2030.
The outbreak of COVID-19 slowed down the implementation of 5G infrastructure owing to the interruptions in further trials and testing needed for validating the stability and processing performance of 5G networks. Additionally, due to the COVID-19 pandemic, countries such as U.S., Germany and China have seen a robust decline in the trades of small cell telecom equipment for 5G New Radios (NR). Disruptions caused by the COVID-19 pandemic are expected to delay the implementation of private 5G networks by halting the testing and QA activities necessary for verifying the processing performance and stability of 5G standalone networks. Moreover, the labor shortage and the complete disruption of logistics and supply chains worldwide caused the delay in 5G network deployment, impacting the overall market growth in the first and second quarters of 2020.
The report covers the competitive analysis of top fifteen players in the market which includes Huawei Technologies Co., Ltd.; Nokia Corporation; Samsung Electronics Co., Ltd.; Telefonaktiebolaget LM Ericsson; Comba Telecom Systems Holdings Ltd.; Altiostar; Airspan Networks; Ceragon; ZTE Corporation; Fujitsu Limited; CommScope Inc.; Contela; Corning; Baicells Technologies. Leading players are actively making partnerships and agreements with key telecom operators to expand their geographical presence. In September 2019 , Ericsson made an agreement with KT Corporation to deploy Ericsson's indoor small cell product for enterprise applications. Besides, in July 2019 , Swisscom, a Switzerland -based telecom operator, in a partnership with Ericsson, deployed small cells in Switzerland for indoor applications.
Grand View Research has segmented the global small cell 5G network market on the basis of component, network model, network architecture, deployment mode, frequency type, end-use, and region.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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