Drivers and Restraints
The global heterogeneous network market, according to the report published by Market Research Future (MRFR), is slated to attain a significant market valuation of nearly USD 34 billion by the end of 2023, at a moderate 15% CAGR during the assessment period (2017-2023).
The influential factors driving the growth of the global heterogeneous network market are the augmented number of broadband data subscribers and the limited resources used by mobile data operators by adopting efficient coding methods, increasing radio spectrum capacity, adding multi-level antenna systems, among others. This subsequently offers favorable conditions for the heterogeneous network market growth over the assessment period. Moreover, the usage of smartphones as the primary communication device has increased globally, leading to growing subscriptions to data over the Heterogeneous Network for data transmission, downloading, among other activities. This has therefore led to the growth of the global heterogeneous network market, and this trend is also anticipated to contribute substantially towards the market growth over the review period.
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The global heterogeneous network market includes some of the key players and other vendors such as CommScope Inc (U.S.), Ceragon Networks Ltd (Israel), Nokia Networks (Finland), Airhop Communications Inc (U.S.), Samsung Electronics Co., Ltd (South Korea), Ruckus Wireless, Inc (U.S.), Texas Instruments Inc (U.S.), NEC Corporation (Japan), IP access Limited (U.K.), TE Connectivity (Switzerland), among others.
The market players of the global heterogeneous network market are expected to invest extensively in research and development activities owing to the competitive nature of the market. This is expected to create a vast scope of growth opportunities in the foreseeable future.
The global market for the heterogeneous network is segmented on the basis of deployment, component, technology, and end-users.
On the basis of the mode of deployment, the market is segmented as Cells in the hotspot, macro Femto, macro Pico, and Macro & Small Cell. By using cells in a hotspot deployment, the spectrum is reprocessed via cell splitting. It also offers a benefit of added low power nodes, localized interference in small coverage areas in dense user location. Among the segments, Macro Pico, and Macro Femto are widely used for heterogeneous networks. Moreover, the combination of Macro and small cells are expected to grow significantly during the forecasted period. This is due to the usage of LTE or Wi-Fi differently or at the same time. On the basis of the components, the market is segmented under Macro Base stations, Small Cells, Distributed Antenna Systems (DAS), and Wi-Fi access points. On the basis of technology, the heterogeneous network market has been segmented into enhanced Intercell Interference coordinator (eICIC), LTE WAN, and Cloud RAN. The prime benefit of virtualization of the core network into the cloud is to lessen the overall cost of the RAN to enhance proficiencies and increasing the usage of processing resources, reducing the cost of maintenance and operations.
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The regional analysis of the global heterogeneous network market has been conducted in North America, the Asia Pacific (APAC), Europe, and the rest of the world (RoW), which includes Latin America, the Middle East, and Africa.
The North American market for heterogenous networks is expected to lead the market over the review period owing to the advancements in mobile communication technology, which is consequently leading to the increasing usage of cloud services that are anticipated to fuel the growth of the heterogeneous network market over the next couple of years.
The Asia Pacific is set to trail the North America market in terms of valuation. Increasing usage of internet services for downloading on mobile devices is projected to impact the regional market’s growth favorable in the nearby future.
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