India Small Cell 5g Network Market Size & Outlook
India small cell 5g network market, 2019-2030 (US$K)
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India small cell 5g network market highlights
- The India small cell 5g network market generated a revenue of USD 35,727.4 thousand in 2023 and is expected to reach USD 2,676,150.1 thousand by 2030.
- The India market is expected to grow at a CAGR of 85.3% 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.
Small cell 5g network market data book summary
| Market revenue in 2023 | USD 35,727.4 thousand |
| Market revenue in 2030 | USD 2,676,150.1 thousand |
| Growth rate | 85.3% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 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, India accounted for 1.3% of the global small cell 5g network market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China small cell 5g network market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,676,150.1 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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India 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 73.92% in 2023. Horizon Databook has segmented the India small cell 5g network market based on hardware, services covering the revenue growth of each sub-segment from 2019 to 2030.
According to a report published by the GSMA, the largest telecom companies in India are anticipated to invest more than USD 19.5 billion in the creation of cutting-edge 5G infrastructure by 2025. According to the estimate, the Indian economy might gain USD 445 billion from 5G between 2023 and 2040.
Telecom operators in the country are leveraging the growing demand for high-speed networks and investing heavily in 5G infrastructure to gain profits. This, in turn, is driving the growth of India's small cell 5G network market.
In October 2022, HFCL Limited, an Indian telecom company, announced its partnership with Qualcomm Technologies Inc., a US-based chipmaker, for the development and design of HFCL 5G outdoor small cell products. HFCL’s 5G outdoor small cell supports both 5G Standalone (SA) and Non-Standalone (NSA) modes.
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Horizon Databook provides a detailed overview of country-level data and insights on the India small cell 5g network market , including forecasts for subscribers. This country databook contains high-level insights into India small cell 5g network market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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India small cell 5g network market size, by component, 2019-2030 (US$K)
India Small Cell 5G Network Market Outlook Share, 2023 & 2030 (US$K)
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