Product ID: SQMIG50A2015
Global 5G Small Cell Market Size, Share, Growth Analysis, By Component(Solution, Services), By Application(Residential, SOHO), By Radio Technology(Standalone, Non- Standalone), By Communication Infrastructure(Femtocell, Metrocell), By Network Architecture(Distributed and virtualized), By Deployment Mode(Indoor and outdoor), By Frequency Type(Sub-6 GHz, mmWave) - Industry Forecast 2024-2031
Report ID:
SQMIG50A2015 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
194 |
Figures:
83
Global 5G Small Cell Market Regional Insights
Global 5G small cell market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
During the projected period, North America is anticipated to lead the 5G small cell market. Most of the leading players and governments have already started investing a huge sum in the IT and telecommunications sector.
In order to address the rising demand for high-speed internet in Europe, government authorities made a large investment in the deployment of the 5G network. With a public investment of USD 825 million and a private investment of USD 3.5 billion in 2020, the European Commission has formed a co-operation with European ICT sector players.
The Asia-Pacific area is expanding at the fastest CAGR due to rising acceptance of cutting-edge technology and rising investment in 5G technology by the top players for high-speed internet. For instance, an indoor tiny cell 5G network called "Garuda" was introduced in December 2020 by Sterlite Technologies Ltd. (STL), an Indian company. A low-cost 5G indoor small cell called STL Garuda is utilised to expand the network of digital service providers. The telephone company's communications service provider, Telcos, intends to spend about USD 331 billion on 5G technology and network rollouts by July 2020.
Additionally, due to increased government investment in infrastructure projects and an increase in 5G connections, the Middle East and Africa 5G small cell market is expanding at a moderate rate. According to the GSMA Intelligence Report by 2025, there should be about 50 million 5G mobile connections in the MENA region and about 20 million in the GCC Arab nations. Governments and businesses in Latin American nations like Brazil and Mexico have demonstrated a significant adoption of IoT devices. In 2020, the countries of Latin America and the Caribbean will have connected over 400 Mn IoT devices, according to the International Data Corporation (IDC) estimate. By 2023, it's anticipated that there will be about 1 billion of them.
Global 5G Small Cell Market Report Snapshots
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