The small cell network market is expected to grow from $14 billion in 2018 to $60 billion by 2026, at a CAGR of nearly $20 percent on a global basis, according to a Small Cell Networks Market forecast. Mobile network usage is increasing as data rates rise driven by customer appetite for social media, video, gaming, and live streaming. With the emerging popularity of wearable and implantable devices and the growth of smart devices, the number of global mobile broadband users is escalating. Also, the rising demand for 4K videos, HD VoLTE, and VR is anticipated to create a tenfold rise in the usage of data volume per user. With the ubiquity of smartphone and mobile broadband technology, advancement towards 5G, an increase in mobile data as the primary use cases, the demand for small cell networks is on a notable rise.
This report covers the recent COVID-19 incidence and its impact on Small Cell Networks Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
Small Cell Forum Focuses at Private Networks
The Small Cell Form’s (SCF) market analysis reveals that, by 2025, the largest adopter of private networks will be local government, including networks to support public safety and smart cities. New business models created by integrators and third-party providers operating in this space that work in partnership with mobile network operators (MNOs) – for instance, by leasing their spectrum or by enabling MNOs to provide services based on a shared network
Data shows that when deploying private LTE today, small cells have significant cost advantages. There is a critical need for different spectrum and deployment methods to be adopted around the world, such as CBRS in the United States
Private networks are custom designed for the specific needs of an organization such as an enterprise or a local government. They can provide higher quality mobile connectivity than Wi-Fi, and have a more extensive ecosystem of technology suppliers, system integrators and service providers than proprietary solutions. Cellular devices also have the capability to roam seamlessly between private and public global mobile networks.
With LTE technology, new types of spectrum and the emergence of a new breed of service providers, commercial conditions are ripe for enterprises and government to leverage small cell-based private networks for their business-critical and mission-critical connectivity needs. The paper focusses on understanding these early adopters and how they are using private networks to better achieve their organization goals.
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