Small Cell 5G Network Market Research | Industry Size USD 19.628 Billion by 2030

According to the report published by Allied Market Research, the global small cell 5G network market generated $858.0 million in 2020, and is estimated to generate $19.62 billion by 2030, witnessing a CAGR of 37.1% from 2021 to 2030. The report offers a detailed analysis of changing market dynamics, key investment pockets, top segments, value chain, regional scenario, and competitive landscape.

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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The COVID-19 outbreak has low impact on the global small cell 5G network market trend, owing to the fact that the government and private sectors in emerging countries are working together to speed up the development of 5G infrastructure in the wake of the pandemic. For instance, in Thailand, mobile network operators (MNO) are joining forces to provide 5G networks to hospitals.

The Eastern Economic Corridor (EEC), which is a special development zone of Thailand, mandates that 5G must cover approximately 50% of the area in 2020, which means that the equipment installation must commence this year in industrial areas. The size of the small cell 5G network market is estimated to grow from $858.00 million in 2020 to reach $19,628.00 million by 2030, at a CAGR of 37.1%. The current estimation of 2030 is projected to be lower than pre-COVID-19 estimates.

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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.

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