KEY FINDINGS The Global Small cell market is forecasted to rise at a CAGR of 28.98% for the period 2016-2025, generating $13911million. The market is mainly driven by factors such as the growing propagation of small cells, growing mobile data traffic, improvements in mobile broadband technology and a rising need for efficient public safety operations.
MARKET INSIGHTS The global small cell market is segmented on the basis of technologies, products, and end users. The technologies include 2G, 3G, 4G/LTE. The 3G and 4G market is expanding at a massive pace.The various market products comprise of picocell, femtocell, microcell, and metrocell. An increasing use of femtocell has been gaining popularity in recent years. The end-users for the market include residential and SOHO, urban, enterprises and rural and remote areas. Of these, the urban market is expected to exhibit a speedy growth over the forecast period. REGIONAL INSIGHTS Geographically, the market is dispersed into four major regions: North America (U.S. & Canada), Asia-Pacific (China, India, Japan, Australia, South Korea and Rest of APAC), Europe (UK, France, Germany, Spain, Italy and Rest of Europe) and the Rest of World- (Latin America, Middle East and North Africa, Rest of Africa). The North American market is expected to be the global leader by 2025, on account of a large scale outsourcing of mobile backhauls to wholesale operators. The Asia-Pacific market is predicted to exhibit the fastest growth owing to countries such as Japan and China, wherein a rapid penetration of smartphones and a rising requirement for high-speed data network has been observed.
COMPETITIVE INSIGHTS The major players competing in this market are Airspan Networks, Inc, Cisco Systems, Inc, Airvana, Inc, Ericsson Telecomunicazioni S.P.A, Huawei Technologies Co., Ltd, Hitachi, Ltd, NEC Corporation, Samsung Electronics Co., Ltd, ZTE Corporation Nokia Corporation, and Texas Instruments Incorporate.