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) By Technology (enhanced Intercell Interface Coordination (eICIC), LTE WAN, C - RAN) By End - Users (Telecommunication, Commercial, Residential, Transportation, Government).

Market Overview

For connecting different networks and other devices across different protocols and operating systems, heterogeneous networks are used. It helps in increasing the resource capacity by increasing radio-spectrum capacity, by implementing more coding and efficient techniques, and by adding various multi-level antenna techniques. The increase in advancement in technology results in higher demand for heterogeneous network markets all across the globe. The use of a heterogeneous network helps in offloading traffic from the macro network which brings improvement in the working of networks.

Moreover, the heterogeneous network market is expected to grow at a higher CAGR of 21.20% during the forecasted period to account for a higher market value of approximately USD 74.6 billion during the forecasted period in the global market.

Figure 1: Heterogeneous Network Market Size, 2022-2030 (USD Billion)

COVID 19 Analysis

The growing wave of the global pandemic of COVID 19, has pushed the businesses towards the forced recession. The growing outbreak of the global pandemic has pinned down the individual to fight between the financial crises along with the health concerns. The lockdown situation has resulted in the shut down of various manufacturing units and also disrupted the supply chain networks which resulted in declined sales revenue. But in the case of a heterogeneous network, this pandemic has created various opportunities to grow owing to the increasing use of the internet. This has created large traffic on macro networks which leads to high demand for heterogeneous network markets.

Moreover, the heterogeneous network market is expected to grow many folds during the forecasted period by strategizing their policies according to the need of their customers.

Market Dynamics Drivers

The high increase in the number of mobile broadband data users coupled with limited resource capacity drives the growth of the heterogeneous network market in the global market during the forecasted period. It helps in reducing the on-board traffic and provides efficiency in working. The feature of the interconnection of different protocols and operating systems connected with networks of computer and mobile devices is another contributing factor in the growth of the heterogeneous network market.

Opportunities

The rise in demand for heterogeneous network market. The increased use of cellular network data creates more growth opportunities for the heterogeneous network market. The increasing use of mobile users results in more downloading of audio and video, transfer of data provides various growth opportunities for the heterogeneous network market.

Restraints

The demand for a heterogeneous network market is growing tremendously in the global market but some factors restrict its growth. The fact that it can be used by skilled personnel or by an individual possessing computer language knowledge is the major hindrances that restrict the growth of the heterogeneous market in the global market. Lack of awareness about the heterogeneous network market also hinders its growth.

Value Chain Analysis

The heterogeneous network market is growing tremendously in the global market owing to various advantages associated with it. It helps in preventing downtime and hence reduces business losses. It ensures more security and safety. It ensures saving time and cost by the firm using the heterogeneous network. The heterogeneous network compliance according to the regulations led down. It increases the capacity which is limited in mobile-cellular networks. It optimizes the working of the network for delivering critical services. It improves the overall efficiency of protocols and operating systems.

Market Segmentation

The heterogeneous network market has been divided in the global market based on deployment, technology, component, and industrial verticals

Based on the Deployment

The heterogeneous network market has been divided in the global market based on deployment into Macro & Small Cell, macro Femto, macro Pico, and Cells in the hotspot. The cells in a hotspot usually use cell splitting that enables the user additional low power nodes and provides small coverage in dense locations. The largest market share is held by the Macro Femto and Macro Pico.

Based on the Technology

The heterogeneous network market has been divided in the global market based on technology into cloud RAN, enhanced Intercell Interference Coordinator (eICIC), and LTE WAN. This core network in the cloud helps in lowering the overall cost by improving efficiency. It also reduces operation and maintenance costs.

Based on the Component

The heterogeneous network market has been divided in the global market based on components into Wi-Fi access points, Distributed Antenna Systems (DAS), small cells, and Macro Base stations.

Based on the Industrial Vertical

The heterogeneous network market has been divided in the global market based on industrial vertical into the government sector, transportation sector, residential sector, commercial sector, and telecommunication sector.

Regional Analysis

The heterogeneous network market has been divided in the global market based on regions into the European region, North American region, Asia-Pacific region, the Middle East and African region, and Latin American region. The largest market share in the heterogeneous network market is held by the North American region owing to increasing advancement in technology and communication which results in higher growth of cloud services.

The second-largest market share in the heterogeneous network market is held by the Asia-Pacific region owing to increasing penetration of mobile device usage coupled with higher penetration of internet services. Various activities like downloading videos and audio which create higher broadband traffic.

The third-largest market share in the heterogeneous network market is held by the European region owing to the presence of various giant key players. The development of communication infrastructure also boosts the growth of the heterogeneous network in this region.

The Middle East and African region and Latin American region show bleak growth as compared to other regions owing to poor digital infrastructure. Although they are trying hard to increase their technology and communication facilities.