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In 2015, global 2G, 3G and 4G wireless infrastructure revenues stood at nearly $65 Billion. Over the next four years, the market is expected to decline at a CAGR of 1%, eventually shrinking to $61 Billion by the end of 2020.
Despite the ongoing decline in the wider market, mobile operators are expected to significantly increase their spending in the evolving HetNet (Heterogeneous Network) submarket, which encompasses small cells, carrier Wi-Fi, DAS (Distributed Antenna Systems) and C-RAN (Centralized RAN) infrastructure. Small cell and carrier Wi-Fi equipment alone will represent a market worth $3 Billion in 2016. Supplemented further by DAS and C-RAN investments, the HetNet sector is attracting considerable attention from both established vendors as well as startups that solely focus on this submarket.