The North America Small Cell 5G Network Market is expected to witness market growth of 49.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Small Cell 5G Network Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $22.20 billion by 2031. The Canada market is experiencing a CAGR of 52.9% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 51.8% during 2024-2031.
Small cells are low-power, short-range wireless transmission systems crucial to deploying 5G networks, especially in dense urban areas where traditional large cell towers cannot sufficiently or economically meet service demands. Unlike large towers that serve large geographic areas, small cells cover smaller areas, which can be as limited as a few hundred meters.
Additionally, this allows them to provide enhanced coverage and capacity in congested areas such as city centers, commercial districts, and residential complexes. The deployment of small cells is integral to achieving the comprehensive network coverage and capacity required to support the high data rates of 5G technology.
The demand for small cell 5G networks in North America is witnessing significant growth, propelled by the collaborative initiatives of governmental entities and the private sector aimed at augmenting wireless network capabilities and fostering the expansion of burgeoning digital economies. The region’s commitment to establishing comprehensive 5G infrastructure is evident through strategic investments and regulatory reforms to expand network coverage and increase deployment efficiency. According to the National Telecommunications and Information Administration, North America leads in adopting wireless 5G connections, with 108 million 5G and 506 million LTE connections by the end of Q3 2022. In the North American market, the penetration of 5G among the population is nearing 30%, with the region adding 14 million 5G connections in the quarter, marking a 15.47% increase from Q2 2022.
The US market dominated the North America Small Cell 5G Network Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $22.20 billion by 2031. The Canada market is experiencing a CAGR of 52.9% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 51.8% during 2024-2031.
Small cells are low-power, short-range wireless transmission systems crucial to deploying 5G networks, especially in dense urban areas where traditional large cell towers cannot sufficiently or economically meet service demands. Unlike large towers that serve large geographic areas, small cells cover smaller areas, which can be as limited as a few hundred meters.
Additionally, this allows them to provide enhanced coverage and capacity in congested areas such as city centers, commercial districts, and residential complexes. The deployment of small cells is integral to achieving the comprehensive network coverage and capacity required to support the high data rates of 5G technology.
The demand for small cell 5G networks in North America is witnessing significant growth, propelled by the collaborative initiatives of governmental entities and the private sector aimed at augmenting wireless network capabilities and fostering the expansion of burgeoning digital economies. The region’s commitment to establishing comprehensive 5G infrastructure is evident through strategic investments and regulatory reforms to expand network coverage and increase deployment efficiency. According to the National Telecommunications and Information Administration, North America leads in adopting wireless 5G connections, with 108 million 5G and 506 million LTE connections by the end of Q3 2022. In the North American market, the penetration of 5G among the population is nearing 30%, with the region adding 14 million 5G connections in the quarter, marking a 15.47% increase from Q2 2022.
List of Key Companies Profiled
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- Nokia Corporation
- Ericsson AB
- ZTE Corporation
- CommScope Holding Company, Inc.
- Fujitsu Limited
- Airspan Networks Holdings Inc.
- Verizon Communications, Inc.
- Vodafone Group Plc
Market Report Segmentation
By Component- Hardware
- Microcell
- Picocell
- Femtocell
- Services
- Consulting
- Deployment & Integration
- Training and Support & Maintenance
- Non-standalone
- Standalone
- Sub-6 GHz
- mmWave
- Sub-6GHz + mmWave
- Virtualized
- Distributed
- Indoor
- Outdoor
- Commercial
- Industrial
- Residential
- Smart City
- Transportation & Logistics
- Government & Defense
- Other End-use
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Small Cell 5G Network Market by Component
Chapter 6. North America Small Cell 5G Network Market by Model
Chapter 7. North America Small Cell 5G Network Market by Frequency Type
Chapter 8. North America Small Cell 5G Network Market by Architecture
Chapter 9. North America Small Cell 5G Network Market by Deployment Mode
Chapter 10. North America Small Cell 5G Network Market by End-use
Chapter 11. North America Small Cell 5G Network Market by Country
Chapter 12. Company Profiles
Companies Mentioned
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- Nokia Corporation
- Ericsson AB
- ZTE Corporation
- CommScope Holding Company, Inc.
- Fujitsu Limited
- Airspan Networks Holdings Inc.
- Verizon Communications, Inc.
- Vodafone Group Plc
Methodology
LOADING...
