Small Cell Market 2018 will grow to reach $58.7 bn till year 2024

Business , News , Technology Apr 17, 2018 No Comments

Small Cell MarketLatest industry research report on Small Cell Market 2017: Industry Research, Size, Shares, Key Trends, Demand, Analysis, Performance, Growth, Segmentation, Parameters, Consumption and Prospects to 2022

Small Cell markets encompass virtualization, cloud, edge, and functional splits. 5G requires increasing sophistication from mobile operators. The challenge is to bring together a growing number of LTE and 5G radio access technologies. A range of connectivity services are needed. Associated APIs are needed in each small cell to manage connectivity to a number of customer segments.

The total value of the small cell market is $12.5 billion in 2017, up from $10.35 billion in 2016. Markets grow to $58.7 billion in 2024. Growth is a result of the implementation of the tremendous amount of digital content from video on smart phones, from the digital economy, IoT, robots, drones, self-driving cars, and artificial intelligence. The digital economy rides on the back of small cells 5G signal transmission which is a 10x improvement in capacity over existing broadband. This is the new world aspect, everything is monitored and activated digitally.

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Market Leaders

Ericsson, Huawei, Nokia / Alcatel-Lucent, NEC, ZTE, Samsung, Fujitsu

Small Cell Market Driving Forces

Need for enabling evolution of local communications network
Availability of fully virtualized, distributed, ultra-reliable software
Effective software for controlling agile infrastructure
Automation facilitates large-scale low-cost network densification
Lowers cost by implementing network through third-party deployments
Effective integration of base small cell technologies
Systems integration achieved with open and interoperable standards
Open and interoperable standards needed to ensure competition
open and interoperable standards needed to ensure economies of scale
Adoption of these 5G Era technologies will require culture shifts in processes

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Companies Profiled

Market Participants

Cisco Small Cells
Corning Spidercloud

Key Topics

Small Cells
Functional splits.
LTE Small Cell
Network Densification
Hybrid Ethernet Based DAS
In Building Wireless

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As one of the lead news writers on Edition Truth, Nicole’s specialization lies within the science and technology domains. Her passion for the most recent developments in cloud technology, connected devices, engineering science, and virtual reality, among others, shines through in the most recent trade coverage he provides. Nicole's battle the impact of digital technologies across the science, technology, and business domains offers her writing a recent and trendy outlook. Find her on Google, Linkedin,Facebook