Market Share of Small Cell 5G Network Industry
The market for small cell 5G networks is moderately consolidated. Some of the key existing vendors in the market include Nokia Networks, Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, and Qualcomm Technologies Inc., among others. These companies implement product development, strategic partnerships, and mergers & acquisitions to launch new products. However, many new vendors, such as Baicells Technologies Co. Ltd, have entered the market, which may change the competitive landscape throughout the forecast period.
In October 2023, Samsung unlocked access to its innovative “Strand Small Cell,” which is targeted at cable telecommunication providers interested in expanding the reach of their 5G-based cellular services using already owned infrastructure and spectrum holdings. The all-in-one platform was initially unveiled last year in partnership with Comcast as core to the cable giant’s plans to supplement cellular services through a mobile virtual network operator (MVNO) agreement with Verizon. It’s now available to all interested parties.
In October 2023, Vodafone and Nokia announced a strengthening of their partnership with plans to run a commercial 5G Open radio access network (RAN) pilot in Italy for the first time. Bringing together Nokia, one of the world’s largest RAN providers, and Vodafone’s unrivaled pan-European network will provide a platform for more independent software providers and local companies to enter the fray using open APIs. This will encourage competition and innovation, boosting Europe’s competitiveness and giving it greater digital autonomy underpinned by a more resilient supply chain.
Small Cell 5G Network Market Leaders
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Nokia Networks
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Qualcomm Technologies Inc.
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Huawei Technologies Co. Ltd
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Telefonaktiebolaget LM Ericsson
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Cisco Systems Inc.
*Disclaimer: Major Players sorted in no particular order
