MarketsandMarkets, a global market research and consulting company based in the U.S forecasts the Global Small Cell Market to grow from $690.0 million in 2014 to $4.8 billion by 2019. The company projects the growth at a Compound Annual Growth Rate (CAGR) of 41.7%, with North America being the the biggest market in terms of market size.
According to MarketsandMarket, Small cell deployments by mobile network operators help them to provide better network coverage and higher network capacity to the subscribers at a fraction of cost of macro cells. Nevertheless, the market research firm points out that back-hauling support is a major restraint for deploying small cell.