The heterogeneous network market will touch USD 34 billion at a 15% CAGR in the forecast period 2020- 2027, as per the new Market Research Future analysis. A heterogeneous network is a network of computer and other devices connected with one another across various operating protocols and systems. The mobile data operators cope with the challenge of limited resources via increasing the capacity of radio spectrum, adding various multi-level techniques and implementing more efficient coding techniques. Wi-Fi access point, distributed antenna system, small cells, and macro base station are its different components. Owing to its alluring features and an array of benefits, heterogeneous network has wide applications in different end use industries namely government, transportation, residential, commercial, and telecommunication, among others.
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Various factors are fuelling the global heterogeneous network market size. As per the recent MRFR market estimates, such factors include the increased number of mobile broadband data subscribers, limited resources, rising mobile data traffic, reduction of cost through mobile data offload, insufficient spectrum, growth of data over the cellular networks significantly, and growing mobile data traffic that has created potential opportunities to deliver extra coverage and capacity cost effectively.
On the contrary, the impact of the COVID-19 crisis may limit the global heterogeneous network market growth over the forecast period.
The MRFR report throws light on an inclusive segmental analysis of the global heterogeneous network (Het- Net) market based on deployment, component, technology, and end users.
By deployment, the global heterogeneous network market is segmented into macro and small cell, macro femto, macro pico, and cells in hotspot.
By component, the global heterogeneous network market is segmented into Wi-Fi access point, distributed antenna system, small cells, and macro base station.
By technology, the global heterogeneous network market is segmented into C-RAN, LTE WAN, and eICIC (enhanced intercell interface coordination).
By end users, the global heterogeneous network market is segmented into government, transportation, residential, commercial, and telecommunication.
By region, the global Het- Net market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America and the Rest of the World (RoW). Of these, North America will remain the forerunner in the market over the forecast period. Early adoption of technologies in Canada and the US, advances in the mobile communication technology accounting the growth of the cloud services as the storage, rapid increase in the growth of 4G and 5G technology in US and Canada, and the increasing need for the market that is capable of connecting to various operating systems over various networks are adding to the global heterogeneous network market growth in the region.
The heterogeneous network market in the APAC region is predicted to grow at a fast pace over the forecast period. Increased usage of mobile communications, increased penetration from mobile devices for data downloading like video and audio files that in turn is boosting the mobile broadband traffic, the presence of emerging economies like China and India, technological advancements taking a fast pace, and growth in digitalization over mobile network infrastructure with the launch of 4G and related technologies with the rise in mobile phone users are adding to the global heterogeneous network market growth in the region.
The heterogeneous network market in Europe is predicted to have healthy growth over the forecast period and that in RoW is predicted to have sound growth over the forecast period.
The key players profiled in the global heterogeneous network industry report include Texas Instruments Inc (U.S.), Samsung Electronics Co., Ltd (South Korea), Nokia Networks (Finland), and Airhop Communications Inc (U.S.), among others.
The global heterogeneous network market is highly fragmented and competitive in nature with the presence of several well-established domestic and international players. These industry players have used several strategies to stay ahead such as mergers and acquisitions, partnerships, collaborations, geographic expansions, strategic alliances, new product development and new product launches, joint ventures, contracts and many others. Besides these players is also investing in various research and development activities to cater to the customers burgeoning needs.
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