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Heterogeneous Network Market Size, Analysis and Forecast
Market
Analysis
The global heterogeneous network market is growing rapidly, mainly
due to the augmenting demand for sustainable network connectivity. The
penetration of the internet and smartphones are some of the major driving
forces. Besides, the increased number of mobile broadband data subscribers and
limited resources escalate the market growth.
Additional
factors bolstering the market growth are the rise in data over cellular
networks due to significantly increasing mobile users to download more video,
transfer more data, majorly using smartphones as their main device for mobile
communications.
With vast
improvements in network performance by off-loading traffic from the macro
networks, the market is projected to witness significant traction during the
upcoming period. According to Market Research Future (MRFR), the global
heterogeneous network market is expected to garner exponential gains by 2027,
registering a striking CAGR during the forecast period (2020-2027).
Global
Heterogeneous Network Market - Segments
The MRFR
analysis is segmented into components, technology, deployment, industry
verticals, and regions. The component segment is sub-segmented into macro base
station, small cells, distributed antenna system, Wi-Fi access point, and
others. The technology segment is sub-segmented into enhanced intercell
interface coordination (eICIC), LTE WAN, C - RAN, and others.
The
deployment segment is sub-segmented into cells in hotspot, macro pico, macro
femto, macro & small cell, and others. The industry vertical segment is
sub-segmented into telecommunication, commercial, residential, transportation,
government, and others. The region segment is sub-segmented into North America,
Europe, APAC, and the Rest-of-the-World.
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Global
Heterogeneous Network Market - Regional Analysis
North America
dominates the global heterogeneous network market due to the growing numbers of
smartphone users and evolving IoT technology. Advancements in mobile
communication technology foster the market size, driving the uptake of cloud
services in the region. Besides, the presence of global players and the growing
IT industry in the US and Canada provide a competitive advantage to the market
growth. The US, Canada, and Mexico are major markets contributing to the
heterogeneous network market in North America.
The Asia
Pacific region stands second in the global heterogeneous network market.
Increased usage of mobile communications & mobile devices and internet
penetration are key driving forces accounting for the market growth in the
region. Simultaneously, increasing deployments of 4G/LTE connections act as a
tailwind supporting the heterogeneous network market in the region. Also,
players in China and Japan are investing heavily in developing efficient
technologies, which in turn substantiates the market growth in the APAC.
Europe is
expected to demonstrate steady growth in the global heterogeneous network
market. Growing telecommunication and healthcare sectors lead to the high
adoption of heterogeneous networks, fostering market growth in the region.
Furthermore, increasing mobile broadband traffic due to the rise in data
downloading, such as audio and video files, boosts market size.
Global
Heterogeneous Network Market - Competitive Landscape
Characterized
by the presence of many notable players, the global heterogeneous network
market appears to be highly competitive. Market players incorporate strategic
approaches such as collaboration, acquisitions, technology launch, and
expansion to gain a larger competitive advantage over other market players. Industry
players strive to provide combined open source and industry-leading solutions,
irrespective of the deployment of the technology on- cloud and
on-premises.
Major
Players:
Players
leading the global heterogeneous network market are Nokia Networks (Finland),
Airhop Communications Inc (US), Samsung Electronics Co., Ltd (South Korea), NEC
Corporation (Japan), Texas Instruments Inc (US), Ruckus Wireless, Inc (US),
Ceragon Networks Ltd (Israel), IP access Limited (UK), TE Connectivity
(Switzerland), and CommScope Inc (US), among others.
Industry/Innovation/Related
News:
June 08, 2021
– The National Science Foundation (NSF) in the US announced its
partnership with major tech companies to create post-5G wireless
systems. NSF intends to promote the development of resilient and
intelligent next-gen networks for future-facing Wi-Fi and 6G capabilities to be
designed tough from the get-go.
Through its
recently announced Resilient and Intelligent NextG Systems or RINGS program,
NSF teamed up with the national institute of standards & technology, the
defense department, Apple, IBM Google, and other industry players to coordinate
new research into the connectivity landscape of tomorrow.
NFS’s
programs hold promise to connect a number of heterogeneous IoT devices and people,
enable machine-to-machine communications, and provide low-latency computational
& storage resources on-demand at the edge.
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About Market Research Future:
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