Small Cell Networks Market Poised for Remarkable Growth, Projected to Reach $17.3 Billion by 2028, Driven by 5G Adoption and IoT Connectivity
The global small cell networks market, which attained a size of US$ 5.0 billion in 2022, is poised for significant growth, with a projected market value of US$ 17.3 billion by 2028.
- The global small cell networks market, which attained a size of US$ 5.0 billion in 2022, is poised for significant growth, with a projected market value of US$ 17.3 billion by 2028.
- Small cell networks enhance macro networks, add targeted capacities, support new services and user experiences, and offload cellular traffic.
- Several trends are driving the growth of the small cell networks market:
IoT Connectivity: The rising demand for small cell networks to enable direct connectivity among various devices is a significant market driver. - Improved Connectivity: Small cell networks are increasingly used in stadiums, shopping malls, college campuses, and residential buildings to provide better cellular connectivity.