Global Small Cell 5G Network Market Size By Radio Technology (5G New Radio Standalone, 5G New Radio Non-Standalone), By End User (Residential, Commercial), By Cell Type (Femtocells, Picocells), By Application (Indoor, Outdoor), By Geographic Scope And Forecast

Small Cell 5G Network Market Size And Forecast

Small Cell 5G Network Market size was valued at USD 746.88 Million in 2021 and is projected to reach USD 5765.51 Million by 2030, growing at a CAGR of 25.74% from 2023 to 2030.

The factors most prominently impacting the Global Small Cell 5G Network Market in a positive manner are the escalating investments in 5G networks by various companies across economies and the increasing adoption of the Internet of Things (IoT) across different forms of technology. The Global Small Cell 5G Network Market report offers a holistic evaluation of the market. The report provides a comprehensive analysis of key segments, drivers, restraints, trends, competitive landscape, and factors that are playing a crucial role in the market.

Global Small Cell 5G Network Market Definition

A small cell is a radio access point that has a low radio frequency (RF) power output, footprint, and range. It is an operator-controlled device and can be deployed in both indoor and outdoor locations, and in-licensed, shared, or unlicensed spectrum. Small cells supplement the macro network to gain access to a larger area, accommodate more users, and support new services and applications, thereby enhancing user experiences.

There are various types of small cells, with varying ranges, power levels, and form factors, optimized for specific applications. The smallest units are meant for indoor and residential use; the largest are urban or rural outdoor picocells. With the emergence of 5G, small cells are expected to play a very significant role in a wireless network system due to their smaller form factor and limited footprint. These qualities make small cells ideal for high bandwidth concentrated services, especially using higher frequency ranges including microwave and millimeter-wave.

Femtocells are small, low-powered cellular base stations that are used within homes, small businesses, and other indoor premises. A femtocell connects to a service provider’s network via broadband to deliver connectivity to mobile devices. A Femtocell can be configured in a number of ways according to the environment they are serving. If programmed for a home environment, a typical femtocell could support up to eight and sixteen active mobile phones in a home and indoor corporate setup respectively.

Picocells are small cellular base stations with a larger coverage area than femtocells. They provide network coverage for large enclosed space areas such as offices, shopping malls, stadiums, or railway stations, where there is extensive bandwidth use within a small area. They provide the in-building penetration needed for highly populated, urban areas; taking the load off the main infrastructure (the wider-ranging base stations) by adding a layer of microcells. Microcells are a further development in the ranging capabilities, as compared to Picocells.

Global Small Cell 5G Network Market Overview

The main driver for the growth of the Global Small Cell 5G Network Market is the increase in disposable income among various economies, and a high data rate consumption. Worldwide mobile network traffic is expected to increase five-fold by 2024, amounting to 13 Billion GB by 2024. Which, it is predicted that 5G is likely to carry global mobile data. Thus, the rising need to accommodate the worldwide use of the internet is a powerful demand driver in this segment. Another demand driver is the emergence of the Citizens Broadband Radio Service (CBRS) band.

The band offers a wide range of the new spectrum, which was previously unoccupied. Usage of the CBRS vacates valuable space in the licensed band. Using the CBRS band also helps in avoiding potential co-channel interference with pre-existing macro networks. Significant investments made in the 5G domain are also a significant reason for the growth of the market.

Additionally, investments and implementation of the 5G network are made by many leading telecom companies globally, which is further contributing to the growth of this market. T-Mobile’s 5G networks encompass 34 percent of the U.S. AT&T and Verizon use the Millimeter (mmWave) Technology, the fastest part of the 5G spectrum. Verizon’s network is available in 36 cities. Countries like South Korea already have 10 percent of their users on 5G. A major market growth restraint is the roundtrip connectivity requirement of 1 millisecond.

Additionally, the unavailability of backhaul and incremental costs of alternative backhaul network poses a significant problem. COVID-19 has proven to be a significant barrier to the growth of the market, slowing down its growth in the form of delayed frequency spectrum auctions and the dependency of many countries on China as its chip and telecommunication equipment supplier, which was one of the first countries to get severely affected by the virus.

Global Small Cell 5G Network Market Segmentation Analysis

The Global Small Cell 5G Network Market is Segmented on the basis of Radio Technology, End User, Cell Type, Application, and Geography.

Small Cell 5G Network Market, By Radio Technology

• 5G New Radio Standalone
• 5G New Radio Non-Standalone

Based on Radio Technology, the market is segmented into 5G New Radio Standalone and 5G New Radio Non-Standalone. The Non-Standalone segment currently prevails over the Standalone segment due to it being rolled out earlier than the standalone model. NSA model was initially rolled by leading telecom operators like AT&T. It is a network that is deployed in conjunction with an existing network infrastructure like LTE.

Small Cell 5G Network Market, By End User

• Residential
• Commercial
• Industrial
• Smart City
• Government and Defense
• Transportation and Logistics
• Others

Based on End User, the market is segmented into Residential, Commercial, Industrial, Smart City, Government and Defense, Transportation and Logistics, and Others. The market has been dominated by the commercial segment. This is due to the small cell 5G networks being installed in MSME’s across various economies. This is because more large companies and Small and Medium Businesses (SMEs) throughout the world are deploying small-cell 5G networks. Businesses can satisfy the demand for considerable data capacity and coverage requirements at a very low cost due to this 5G RAN network. Moreover, tiny cell 5G networks assist businesses in deploying these next-generation networks by allowing them to make use of the current broadband infrastructure. Moreover, domestic applications such as smart homes, cloud gaming, and home broadband have massively embraced tiny cell 5G networks.

Small Cell 5G Network Market, By Cell Type

• Femtocells
• Picocells
• Microcells

Based on Cell Type, the market is segmented into Femtocells, Picocells, and Microcells. Because of their suitability for indoor spaces, Femtocells are expected to dominate the Global Small Cell 5G Network Market in the forecast period. It is because of their chances of deployment at cubicles, meeting rooms, and various other corporate and residential spaces to offer high connectivity speeds. This is due to the demand for unified bandwidth coverage for a variety of enclosed applications, including malls, homes, workplaces, and hospitals, which is on the rise. A bandwidth of up to 50 meters, 250 meters, and three kilometers can be covered by femtocells, picocells, and microcells, respectively.

Small Cell 5G Network Market, By Application

• Indoor
• Outdoor

Based on Application, the market is segmented into Indoor and Outdoor. The indoor segment is expected to lead the market in the forecast period owing to its deployment of a large number of enclosed spaces including but not limited to malls, residential complexes, stadiums, Airports, and so on. The reliable use of next-generation tiny cells in a variety of residential and non-residential applications is credited with this. Businesses, shopping centers, airports, and hospitals are among the non-residential uses. Moreover, high-value clients devote more than 80% of their working hours to indoor locations, according to data released by China’s Ministry of Industry and Information Technology (MIIT). It is predicted that over the next seven years, the utilization of tiny cells for indoor applications would increase.

Small Cell 5G Network Market, By Geography

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

On the basis of Regional Analysis, the Global Small Cell 5G Network Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. During the forecast period, North America has a host of eminent global leaders in the Telecom Industry such as Verizon and AT&T lead this segment. Their incremental investments in the 5G technology are what give them a chance to lead the Small Cell 5G Network Market in the forecast period. The U.S. market is anticipated to expand significantly as well. Several well-known service providers are working to introduce new items in order to obtain a competitive edge and broaden their product line.

Key Players

The “Global Small Cell 5G Network Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Radwin, Casa Systems, Inc., Ceragon Networks Ltd., Contela Inc., Blinq Networks, Pctel, Huawei Technologies Co., Ltd., Commscope Inc., Airspan Networks, Nokia Corporation, and others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.

Key Developments

• In August 2021, Union Wireless has chosen Nokia to replace its outdated RAN hardware with Nokia’s AirScale 4G/5G radio portfolio in order to update and modernize its network and satisfy the Safe and Trusted Telecommunications Act, according to Nokia. For its customers, Union Wireless will initially launch a 4G service with a built-in path to 5G.

 Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Small Cell 5G Network Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.