DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "Global Small Cell Networks Market 2018-2023: Analysis by Type, Operating Environment, End-User Vertical and Region" report has been added to ResearchAndMarkets.com's offering.

The small cell network market has been valued at USD 1.66 billion in 2017 and is expected to grow at a CAGR of 26.7% over forecast period (2018-2023), to reach USD 6.82 billion by 2023.

Mobile network usage is increasing at an astounding rate as data rates rise driven by an insatiable customer appetite for social media, video, gaming, and live streaming. With the surging popularity of wearable and implantable devices and the growing penetration of smart devices, the number of global mobile broadband users is increasing.

Also, the rising demand for 4K videos, HD VoLTE, and VR is expected to create a tenfold data volume consumption increase per user. Thus, with the omnipresence of smartphone and mobile broadband technology, advancement towards 5G, and rise in mobile data as the primary use cases, the demand for small cell networks is on a significant increase.

Key Highlights

Increasing Use of Mobile Devices to drive the Demand for Small Cell Networks Asia Pacific Expected to Hold the Fastest Growth Rate over the Forecast Period

Notable Developments in the Market

May 2018 - Qualcomm Technologies Inc. has introduced 5G NR solution for small cells and remote radio heads. January 2018 - Nokia had launched MulteFire (TM) small cell to widen adoption of private LTE for industries, enterprises and operators.

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Technology Snapshot

6. Global Small Cell Network Market - Segmented by Type

7. Global Small Cell Network Market - Segmented by Operating Environment

8. Global Small Cell Network Market - Segmented by End-User Vertical

9. Global Small Cell Network Market - Segmented by Geography

10. Competitive Landscape - Key Vendor Profiles

Alcatel-Lucent Enterprise Nokia Networks American Tower Qualcomm Technologies Inc. ZTE Corporation Verizon Wireless Mobilitie Huawei Technologies Co. Ltd. Airspan Networks Inc. Airvana Inc. Cisco Systems Inc. Qucell Inc. AT&T Inc. Cirrus Core Networks Ericsson AB

11. Future Outlook of the Market

For more information about this report visit https://www.researchandmarkets.com/research/lvpxhn/global_small_cell?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005237/en/

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SOURCE: Research and Markets

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PUB: 08/20/2018 07:03 AM/DISC: 08/20/2018 07:03 AM