Market Size of Asia-Pacific Small Cell 5G Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.55 Billion |
| Market Size (2029) | USD 3.96 Billion |
| CAGR (2024 - 2029) | 48.16 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Small Cell 5G Market Analysis
The Asia-Pacific Small Cell 5G Market size is estimated at USD 0.55 billion in 2024, and is expected to reach USD 3.96 billion by 2029, growing at a CAGR of 48.16% during the forecast period (2024-2029).
The trend of artificial intelligence (AI) and the Internet of Things (IoT) is observed in every sector, and to develop the urban outlook, Governments are working on smart city models. Smart cities' essential features are robust optical fiber connectivity, Wi-Fi, intelligent traffic management, smart parking, and energy-efficient street lighting. Small cells will be crucial in developing these smart cities because they can offer next-generation solutions.
- In the Asia-Pacific region, dominant operator groups are absent, and different countries have different levels of telecom development. Some countries of the region lack appropriate fiber penetration, and most currently operational macro sites lack fiber backhaul connectivity. Fiber backhaul support is required to deploy small cells efficiently and raise the current fiberization levels of large cell sites. Since underground fiber installation is costly and time-consuming, aerial fibers have been implemented in Japan due to their comparatively quick and straightforward installation processes. The slow installation of 5G infrastructure will restrain the small cell 5G market.
- The demand for communication services from individuals, businesses, government agencies, industries, and educational institutions has driven data usage in the Asia-Pacific region post-COVID-19. The advent of 5G accelerated, and technology companies began to develop and provide next-gen solutions like small cells to provide indoor and outdoor coverage within a selected area.
- To offer better indoor coverage, in Feb 2023, Ericsson developed the IRU 8850 indoor radio unit that will provide better network performance and user experience, regardless of the size or complexity of the building. The company claims it delivers up to four times the capacity of its predecessors.
