According to the latest research report titled ‘GLOBAL Small Cell Market 2019-2028’, available with Market Study Report, global small cell industry is anticipated to grow with a significant annual rate of 24.38% through 2028.
 

Extensive 5G infrastructure deployment across various nations, coupled with ever-increasing mobile data traffic are the primary factors stimulating the growth of global small cell market. Moreover, emphasis on improving network capacity in order to access IoT devices and connected devices, alongside rising implementation of public safety operations, and improving last-mile connectivity are acting in favor of the market scenario.
 

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Contrastingly, complex site acquisition procedure and cross-channel interference restrain the industry growth, while challenges like high bandwidth price, limited backhaul capacity, and dearer deployment costs prevail in the business scenario. Despite that, introduction of HetMet, IoT, and green technology will present lucrative opportunities for worldwide small cell market.
 

Speaking of technology terrain, the marketplace is classified into 5G, 4G/LTE, 3G, and 2G. Different product types available are picocell, metrocell, microcell, and femtocell. Operating environments considered are outdoor, and indoor.
 

Moving on to location, global small cell industry is divided into rural & remote, and urban. While, end-users generating revenues are enterprise, and residential & SOHO.
 

Considering the regional outlook, Latin America small cell market size is projected to spearhead the growth over 2019-2028, with major revenue contribution from Brazil and Mexico. Increasing mobile as well as internet penetration in the region, in consort with widespread adoption of IoT devices, and demand for effective mobile data services are positively swaying the business dynamics in Latin America.
 

Established companies in worldwide small cell market sphere are Qucell Networks, AT&T Intellectual Property, Fujitsu Limited, Corning Inc., Comba Telecom Systems Holdings Limited, ZTE Corporation, Samsung Group, Nokia Corporation, NEC Corporation, Huawei Technologies Co. Ltd., CommScope Inc., Airspan Networks, Accelleran N.V., Telefonaktiebolaget LM Ericsson, and Cisco Systems Inc.