October 03, 2018
WELLESLEY, Mass., Oct. 03, 2018–The demand for better cellular capacity is paving the way for rapid growth in small cell devices, according to an updated BCC Research report. The report Optimizing Networks: Global Markets for Small Cells and Carrier Wi-Fi identifies and evaluates recent technology developments, growth drivers, industry challenges and market trends since the original publication in 2014. Data traffic in both suburban and rural areas has grown significantly, so operators are looking for a cost-effective way to augment cellular network and data services.
Small cell devices offer data carriers an efficient way to maximize data usage. When in range of a small cell device, the mobile phone will automatically detect and use the network transmitted by the small cell instead of using the main or macrocell network.
The global market is expected to see a compound annual growth rate (CAGR) of 16.4% through 2023, leading to global value of $16.8 billion. Major market players include Commscope, Ericsson, Huawei, ip.access Ltd., Samsung, NEC Corp., Nokia and ZTE Corp.
“The growing number of mobile-based broadband subscribers is resulting in rising bandwidth requirements for telecom or mobile network operators and other network service providers,” the report notes. “If networks are not optimized, this demand could lead to severe network congestion. Network densification, or the addition of cell sites in an area or selected areas, is the response to deal with users’ increasing demand for high speed connectivity. Users’ high dependence on the internet and increased mobile data usage are leading to more demand for of the installation of small cell and carrier Wi-Fi devices.”
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Optimizing Networks: Global Markets for Small Cells and Carrier Wi-Fi( IFT108B )
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