Asia Pacific Small Cell 5g Network Market Size & Outlook
Asia Pacific small cell 5g network market, 2019-2030 (US$K)
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Asia Pacific small cell 5g network market highlights
- The Asia Pacific small cell 5g network market generated a revenue of USD 941,873.1 thousand in 2023.
- The market is expected to grow at a CAGR of 74.6% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 941,873.1 thousand |
| Market revenue in 2030 | USD 46,517,540.6 thousand |
| Growth rate | 74.6% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2019 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD thousand |
| Market segmentation | Hardware, Services |
| Key market players worldwide | Huawei Technologies, Samsung Electronics Co Ltd, Nokia Oyj, Telefonaktiebolaget L M Ericsson ADR, ZTE Corp Class H, Fujitsu Ltd, CommScope Holding Co Inc, Comba Telecom Systems Holdings Ltd, Rakuten Group Inc, Airspan Networks Holdings Inc, Ceragon Networks Ltd, Corning Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.1% of the global small cell 5g network market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 46,517,540.6 thousand by 2030.
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Small Cell 5G Network Market Scope
Small Cell 5G Network Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific small cell 5g network market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to small cell 5g network market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 73.3% in 2023. Horizon Databook has segmented the Asia Pacific small cell 5g network market based on hardware, services covering the revenue growth of each sub-segment from 2019 to 2030.
Governments across Asia Pacific are undertaking initiatives to digitize business processes owing to rapid urbanization and growing internet penetration. The continuous digital transformation and rapid 5G rollout are leading to increased growth prospects for small cell 5G network providers in the region.
According to a GSMA report, the adoption of 5G networks is expected to accelerate in Asia Pacific. As of 2022, there were 14 countries with commercially available 5G networks, while countries such as India and Vietnam are expected to witness the adoption of 5G networks in the near future.
According to the report, more than 400 million 5G connections are expected in Asia Pacific by 2025. The growing adoption of 5G networks is expected to drive the growth of the small cell 5G network market in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific small cell 5g network market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific small cell 5g network market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific small cell 5g network market size, by country, 2019-2030 (US$K)
Asia Pacific Small Cell 5G Network Market Outlook Share, 2023 & 2030 (US$K)
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