The valuation of the Heterogeneous Network Market is assessed to surpass USD 34 Bn mark by 2023.
— Market Synopsis:
Heterogeneous networks connect computers and other such devices having different operating systems and protocols. Availability of a wide range of devices and operating systems is likely to facilitate the expansion of the heterogeneous network in the years to come. The report offered by Market Research Future (MRFR) suggests that the global heterogeneous network market is set to exhibit a CAGR of 15% across the assessment period 2017 to 2023.
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Increasing broadband subscribers, in conjunction with limited resources, is expected to lead the expansion of the heterogeneous network market over the next couple of years. Mobile data operators deal with limited resources by adding multi-level antenna techniques, implementation of efficient coding techniques, increasing radio spectrum capacity, etc. This, in turn, is anticipated to accelerate the growth pace of the heterogeneous network market over the next few years.
The increasing subscription to data over cellular networks is also prognosticated to drive the growth of the heterogeneous network market over the next few years. A rising amount of data being transferred or downloaded using smartphones is likely to open new avenues of growth in the years to come.
Nokia Networks (Finland), Airhop Communications Inc (U.S.), Samsung Electronics Co., Ltd (South Korea), NEC Corporation (Japan), Texas Instruments Inc (U.S.), Ruckus Wireless, Inc (U.S.), Ceragon Networks Ltd (Israel), IP access Limited (U.K.), TE Connectivity (Switzerland), and CommScope Inc (U.S.) are some of the major noted players of the heterogeneous network market assessed in this MRFR report. These players play a significant role in the growth of the market. The developmental strategies of these players are expected to accelerate revenue creation in the heterogeneous network market over the next couple of years. Some of these strategies are mergers & acquisitions, collaborations, product development, partnerships, agreements, etc. Investments are likely to rise in research & development, which is projected to boost the competition among the market participants in the foreseeable future.
The key segments of the heterogeneous network market, on the basis of deployment, are Cells in hotspot, macro Femto, macro Pico, and Macro & Small Cell. Among these, the macro Pico and macro femto segments are expected to witness high demand across the forecast period. Also, the combination of macro pico and macro Femto is poised to gain much popularity in the upcoming years owing to the increasing use of LTE and Wi-Fi at the same time.
The heterogeneous network market has been segmented on the basis of components. The segments are Macro Base stations, Distributed Antenna Systems (DAS), Small Cells, and Wi-Fi access points.
On the basis of technology, the global heterogeneous network market has been segmented into LTE WAN, enhanced Intercell Interference coordinator (eICIC), and Cloud RAN.
The end-user segments of the heterogeneous network market identified in this MRFR report are commercial, telecommunication, transportation, residential, and government.
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The report covers a detailed geographical evaluation of the heterogeneous network market on regional as well as country-level basis. These major regional segments of the market are North America, Europe, Asia Pacific (APAC), and the Rest of the world (RoW). North America is the largest regional market and is expected to remain so over the review period. The advancements in the mobile communication technology leading to the increasing use of cloud services are anticipated to drive the growth of the heterogeneous network market over the next couple of years. Asia Pacific is set to trail North America market in terms of valuation. Increasing use of internet services for downloading on mobile devices is anticipated to impact the regional market’s growth favorable in the nearby future.
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Source URL: https://marketersmedia.com/heterogeneous-network-market-2019-global-size-share-business-strategies-emerging-technologies-sales-revenue-industry-landscape-significant-growth-analysis-2023/88918061
Release ID: 88918061