MENA Small Cell 5G Network Market to Reach USD 412.54 Million by 2030: Amidst Rising Demand for Optimization Solutions | Top Market Players: NEC Corporation, ATANDT Inc., Corning Incorporated, Cisco Systems Inc., Huawei Technologies Co Ltd.

According to the report published by Allied Market Research, the MENA small cell 5G network market was estimated at $13.42 million in 2020 and is expected to hit at $412.54 million by 2030, registering a CAGR of 40.9% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Increase in network densification, rise in mobile data traffic, emergence of citizens broadband radio service (CBRS) band, surge in investment in 5G infrastructure by numerous countries, and rapid development of 5G infrastructure in the wake of the COVID-19 pandemic drive the growth of the MENA small cell 5G network market. On the other hand, concerns related to fiber backhaul and small cell deployment challenge restrain the growth to some extent. However, rapid adoption of Internet of Things (IoT) and upsurge in demand for ultra-reliable and low-latency communications are expected to create lucrative opportunities in the industry.

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COVID-19 scenario:

➢ Rise in remote working trend and upsurge in mobile data traffic have made the public & private sectors in the majority of countries adopt 5G infrastructure. This, in turn, has boosted the MENA small cell 5G network market.

➢ This trend is pretty likely to continue post pandemic as well.

The MENA small cell 5G network market is analyzed across component, radio technology, frequency band, cell type, applications, end user, and countries. Based on component, the solution segment accounted for nearly two-thirds of the total market share in 2020, and is expected to lead the trail by the end of 2030. The services segment, on the other hand, would register the fastest CAGR of 42.6% during the forecast period.

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In the MENA small cell 5G network market of 2020, the solutions segment held the dominant position. The widespread use of small cell 5G solutions plays a pivotal role in integrating various technological elements of network devices. Consequently, there has been a notable surge in the demand for small cell 5G solutions, attributed to their capability to amalgamate diverse hyperdense network architectures into advanced scalable frameworks. This, in turn, is anticipated to propel the adoption of small cell solutions. Nevertheless, the services segment is poised to experience the highest growth rate throughout the forecast period. Many industry verticals prefer all-in-one package solutions to fulfill their service transformation needs. Therefore, the upswing in digital transformation has significantly fueled the adoption of small cell 5G networks across various industry verticals, given their effectiveness in enhancing capacity in operator networks across multiple locations. This stands as a key factor supporting the robust growth of this segment.

The MENA small cell 5G network market was primarily dominated by Saudi Arabia in 2020. The burgeoning trend of expanding 5G networks in Saudi Arabia serves as a key driver for market growth. For instance, in July 2020, the Saudi Arabian carrier Zain KSA declared the extension of its 5G network to encompass all regions of the Kingdom. Zain initiated commercial 5G operations in Saudi Arabia in October 2019. During the initial deployment phase, the company erected 2,000 towers covering more than 20 cities across Saudi Arabia.

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Based on radio technology, the standalone segment contributed to more than half of the total market revenue in 2020, and is anticipated to rule the roost by 2030. The same segment would also cite the fastest CAGR of 42.4% during the forecast period.

Based on region, the market across Saudi Arabia held the major share in 2020, garnering around one-fourth of the MENA small cell 5G network market. Simultaneously, the market across Turkey would showcase the fastest CAGR of 46.4% from 2021 to 2030.

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Leading Market Players:

➢ NEC Corporation
➢ ATANDT Inc.
➢ Corning Incorporated
➢ Cisco Systems Inc.
➢ Huawei Technologies Co Ltd.
➢ Casa Systems
➢ ZTE Corporation
➢ COMBA Telecom Systems Holdings Ltd.
➢ Nokia
➢ Ericsson.

These market players have incorporated different strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

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