The global small cell 5G network market size is expected to grow from USD 626 million in 2020 to USD 2,413 million by 2025, at a Compound Annual Growth Rate (CAGR) of 31.0% during the forecast period. The major growth drivers for the market include the growth in mobile data traffic, the emergence of Citizens Broadband Radio Services (CBRS) band, and lowered Capital Expenditure (CAPEX). However, the poor backhaul connectivity may restrain the market growth.
Outdoor segment to show a higher growth rate during the forecast period
In the small cell 5G network market by deployment mode, the outdoor segment is expected to show a higher growth rate during the forecast period. Telecom operators are expected to deploy small cell solutions in mmWave bands, which boost the deployments of outdoor small cells post 2021. Globally, North America is expected to widely adopt outdoor small cell solutions.
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Among end users, the enterprises segment to gain a higher traction during the forecast period
In the small cell 5G network market by end user, the enterprises segment is expected to grow at a higher CAGR during the forecast period. Currently, in the enterprises segment, the small cell 5G network market is emerging and expected to grow during the forecast period. In the present scenario, the deployment of small cell 5G network is less in enterprises. However, in the next 5 years, the small cell deployment is expected to increase to meet the increasing demand for data traffic in Internet of Things (IoT) applications.
The traditional and emerging market players in the small cell 5G network market include Ericsson (Sweden), Huawei (China), ZTE (China), Cisco (US), NEC (Japan), Nokia (Finland), CommScope (US), Airspan Networks (US), ip.access (UK), Corning (US), Fujitsu (Japan), Samsung (South Korea), Comba Telecom (Hong Kong), Contela (South Korea), Baicells Technologies (US), Acceleran (Belgium), Accuver (US), Casa Systems (US), CommAgility (England), Radisys (US), Altiostar (US), Siradel (France), Qualcomm (US), Octasic (Canada), PC-TEL (US), and Microsemi (US). These players have adopted various strategies, such as partnerships, collaborations, agreements, acquisitions, and new product launches, to achieve growth in the global small cell 5G network market. Partnerships and acquisitions have been the most dominating strategies adopted by these major players from 2018 to 2020, which have helped them innovate their offerings and broaden their customer base.
Ericsson is one of the leading vendors in the small cell 5G network market. The company provides superior connectivity with the help of macro networks, and indoor and outdoor small cells that enable users to receive seamless and robust services. In April 2020, Ericsson partnered with GCI, a telecommunication corporation operating in Alaska, US, to deploy first 5G cell sites in Anchorage, US. By the end of the year, GCI intends to upgrade a majority of cell sites in Anchorage, Eagle River, and Girdwood to the 5-band 5G NR solution. In June 2019, Ericsson partnered with Signify, formerly Philips Lighting, to develop a joint indoor solution. Under this partnership, Ericsson’s 5G Radio Dot, an indoor small cell solution, is embedded into Signify’s indoor luminaire that will enable service providers to easily add indoor connectivity to buildings while building or enhancing lighting systems.
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Huawei offers small cell outdoor and indoor networking solutions, which provide high integration, fast mobile broadband network construction, and diverse enterprise services. In October 2019, Huawei launched the latest 5G full-series solutions at 2019 Global Mobile Broadband Forum. The solutions portfolio includes BladeAAU, Easy Macro 3.0, BookRRU 3.0, and LampSite Sharing, as well as mmWave macro sites, pole sites, and small cells. In November 2018, Huawei signed a MoU with edotco, an integrated telecommunications service provider, in Malaysia for the implementation of digital mobile network solutions. Post this agreement, Huawei increased its market share in Italy by offering multi-operator, and multi-technology indoor and outdoor solutions based on 5G-ready small cell networks.
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