45 Million of 5G Small Cells Will be Installed by 2031, Forecasts IDTechEx
After years of waiting, 5G is finally here. 5G not only greatly improves network experiences for mobile consumers, but more importantly, will bring digitalization into every industry, revolutionizing our society. However, this vision will not be realized without small cell development.
A new report released by IDTechEx now forecasts that 45 Million of 5G Small Cells Will be Installed by 2031. The "5G Small Cells 2021-2031: Technologies, Markets, Forecast", explores the key technical and industry factors that are shaping the fast-growing small cell market.
This forecast builds on the extensive analysis of primary and secondary data, combined with careful consideration of market drivers, constraints, and key player activities. The analysis considers how the following variables evolve during the forecast period: the development and adoption rate of sub-6 GHz and mmWave in the 5 regions, the growth of the Internet of Things (IoT) for broadband and critical applications, 5G rollout potentials for enterprises, urban, and rural & remote purposes, and the utilization rate of different types of small cells for each scenario.
In addition to the forecast, presents an unbiased analysis of primary data gathered via interviews with key players, and it builds on IDTechEx’s expertise in the 5G industry. This includes a comprehensive analysis of the supply chain across 5G small cells, which incorporates a detailed assessment of technology innovations and market dynamics
With two new frequency bands, sub-6 GHz (3–7 GHz) and mmWave (24–48 GHz), included in 5G, 5G provides much larger bandwidth, lower latency, higher reliability, and many more connections in comparison with previous generations of mobile networks. The benefit of 5G not only accelerates the growth of mobile consumer networks but also has huge potential to revolutionize industries such as automotive, entertainment, computing, and manufacturing.
The report is available for download here.