Market Trends of APAC Small Cell Tower Industry
Indoor applications are Expected to Have a Major Market Share.
- Indoor scenarios are inherently more complex in comparison to outdoor ones. Indoor scenarios typically include large and medium public locations, small and medium enterprises, and homes, which vary in-service requirements and need diverse solutions to cater to these requirements.
- Small cells are essential to networks because they provide coverage and capacity outside of the macro network in a quick, affordable, and high-performing manner that allows for interior use. For instance, Ericsson's indoor small cells meet the requirement for enhanced indoor voice and data coverage and capacity.
- Small indoor cells provide coverage expansion in areas with heavy traffic and limited capacity, such as universities, well-known tourist destinations, stadiums, music halls, convention centers, hospitality settings, and various large meeting spaces. This makes it possible for the general public to utilize their various devices effectively wherever they are.
- To meet the rising demand for private 5G enterprise connectivity for campus, industrial, and venue applications, for instance, in March 2022, STL, one of the leading digital network integrators in the market, announced the launch of the first end-to-end 5G Enterprise solution is in partnership with ASOCS and VMWare. These future-ready 5G networks, which can handle dense environments required for seamless interior coverage, will be made possible by open standards-based designs.
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China to Witness the Growth
- The rapid development of 5G technology and mobile connectivity in such countries collectively contributes to the growth of the market in the region.
- China is at the forefront of 5G adoption in the Asia Pacific. China reportedly took the lead in 5G development in May 2022, with 819,000 5G base stations, or more than 70% of the total number installed globally, according to Xinhua. By the end of 2023, China projects that the number of 5G users will be close to 560 USD million, or 35% of the total number of consumers worldwide. Also, every 10,000 Chinese would have access to more than 18 5G base stations, according to the official release.
- In addition, various global companies are stepping into the country to drive 5G experiences for consumers by creating a dense environment for indoor coverage with the required speed, capacity, and low latency.
- A small cell network enables retailers a higher rapid mobile connectivity, which can scale and unlock new experiences and may offer customers and retailers new ways to shop and run their businesses. Furthermore, the growing adoption of IoT devices in the sector further expands the scope.
- Moreover, With the nationwide rollout of the 5G network, small-cell networks will see a significant increase in adoption over the coming years. In recent years, small cell networks have established themselves as a viable option for all retail businesses seeking improved mobile coverage and capacity indoors and outdoors.
- According to the GSMA 2022 Study on the mobile economy in China, it is predicted that in 2025, the number of 4G connections will decline to 840 USD million with a 48% adoption rate, while the number of 5G connections is predicted to increase to 892 USD million with a 52% adoption rate.
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