Info Image

Small Cell to Grow at CAGR 41%, to be Worth $4.8 Billion by 2019

Small Cell to Grow at CAGR 41%, to be Worth $4.8 Billion by 2019

MarketsandMarkets, a global market research and consulting company based in the U.S forecasts the Global Small Cell Market to grow from $690.0 million in 2014 to $4.8 billion by 2019. The company projects the growth at a Compound Annual Growth Rate (CAGR) of 41.7%, with North America being the the biggest market in terms of market size.

According to MarketsandMarket, Small cell deployments by mobile network operators help them to provide better network coverage and higher network capacity to the subscribers at a fraction of cost of macro cells. Nevertheless, the market research firm points out that back-hauling support is a major restraint for deploying small cell.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

PREVIOUS POST

Software, Connectivity and Cloud - 3 Factors Shaping Up the US$88 Billion Connected Consumer Devices Market

NEXT POST

Global SIM Market Reached 5.2 Billion Units in 2014, LTE, NFC & M2M Major Drivers