Small Cell Networks Market 2022 Competitive Insights - Nokia Networks, American Tower Corporation, Qualcomm Technologies Inc., ZTE Corporation
The small cell networks market was valued at USD 3.34 billion in 2020; it is expected to reach USD 10.96 billion by 2026 and witness a CAGR of 26.82% over the forecast period from 2021 - 2026.
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Top Leading Companies of Small Cell Networks Market are Nokia Networks, American Tower Corporation, Qualcomm Technologies Inc., ZTE Corporation, Verizon Wireless, Huawei Technologies Co. Ltd., Airspan Networks Inc., Airvana Inc. (CommScope Inc.), Cisco Systems Inc., Qucell Inc., AT&T Inc., Cirrus Core Networks and others.
Industry News and Updates
March 2020 - China Unicom Beijing and Huawei together completed the first commercial installation of the telecom equipment provider's small cell 5G LampSite 300 MHz digital indoor system. The system, which was deployed at the Beijing Long Distance Call Building, supports network sharing between China Unicom Beijing and China Telecom Beijing and provides a downlink rate of up to 3.4 Gbps.
- March 2020 - Keysight Technologies, Inc. announced that Qualcomm Technologies, Inc. is working with the company to increase the pace of small cell deployment supported by 5G virtualized radio access network (vRAN) architecture. The solution accelerates the verification of small cell RUs using the 5G NR capability of Qualcomm FSM 100xx to support a smooth process from product design to manufacturing test.
Key Market Trends
Asia-Pacific Expected to Hold the Fastest Growth Rate over the Forecast Period
- Asia-Pacific is expected to witness the highest growth rate owing to the increase in the adoption of mobile devices and various partnerships between vendors in the area of 5G. For instance, In January 2019, TPG Telecom collaborated with China's Huawei and placed small cell boxes on power poles across the suburb of Ryde, in Sydney's north-west, to augment the Australian governments plans for a 5G rollout.
- According to Cisco, Asia-Pacific is expected to have 2.6 billion internet users by 2022. The company also stated that, by 2022, China would be leading in the world in terms of the total number of home spots, followed by the United States and Japan. The increase in mobile data traffic will support the growth of the small cell network industry due to the tremendous rise in mobile data traffic.
- As Small Cells are expected to be a significant building block in 5G networks, many of the local network providers are also investing in the equipment, further expanding the studied market growth. For instance, China-based LTE Small Cell provider and a broadband access product manufacturer, T&W, expanded its existing Small Cell product line by supporting 5G Small Cell solutions powered by the Qualcomm FSM100xx 5G Platform.
Regional Outlook of Small Cell Networks Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Small Cell Networks Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
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