Heterogeneous Network Market Forecast Share, Analysis, Trend, Size, Growth and Forecast to 2027

Posted 2 years ago in BUSINESS.

Global Heterogeneous Network Market, By Deployment (Cells in Hotspot, Macro Pico, Macro Femto, Macro & Small Cell), By Component (Macro Base Station, Small Cells, Distributed Antenna System, Wi-Fi Access Point)

Heterogeneous Network Market Forecast Share, Analysis, Trend, Size, Growth and Forecast to 2027

Heterogeneous Network Market Research, 2027

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).

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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 systems, Wi-Fi access points, 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.

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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Harsh Roy

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