Small Cell 5G Network Market Size Worth USD 4,749.43 Million in 2028

The global small cell 5G network market size is expected to reach USD 4,749.43 Million at a CAGR of 28.7% during the forecast period, according to latest analysis by Emergen Research.

Key factors driving market revenue growth include rising government focus on digitalization of processes, rapidly increasing mobile data traffic, emergence of Citizen Broadband Radio Service (CBRS) band, rising demand for high-speed Internet, and increasing penetration of mobile devices in remote areas. CBRS prevents interferences between indoor and macro networks, enables multi-operator support, and provides more cost-effective mobile network coverage for small, medium, and large enterprises.

Read More: https://www.emergenresearch.com/industry-report/small-cell-5g-network-market

Increased government funding for development of 5G infrastructure is another key factor driving growth of the market. In February 2021 for instance, the telecom ministry of the Government of India announced auctioning of 5G spectrum worth over USD 40 Billion. In 2020, South Korea launched the first Small Cell 5G network and aims to convert 60% of all the mobile subscriptions to 5G network by 2025.