Femtocell Market to Reach $15,419 Million by 2028 with a CAGR of 19.3%, Says Allied Market Research

The primary driver for the femtocells market is less power consumption. As the transmission power of femtocells is comparatively less than macrocell networks, the former consumes less power than the latter and saves energy. 

There is growth in femtocells due to technological advancements in femtocell technology and decreasing cost of femtocell devices. Additionally, there is high adoption of femtocells in the residential segment coupled with increasing demand from the enterprise segment, which is also driving the femtocell market.

Increase in demand for high-speed wireless networks among businesses and energy-efficient operation and cost-effectiveness of femtocell fuel the global femtocell market. On the other hand, the availability of substitutes such as portable Wi-Fi device hinders the market growth. Moreover, the rise in demand for 5G networks and low latency high-speed internet, and the rise in penetration of smartphone and wearable devices are projected to open lucrative opportunities in the future.

The global femtocell market was pegged at $3.82 billion in 2020 and is projected to garner $15.41 billion by 2028, manifesting a CAGR of 19.3% from 2021 to 2028.

The femtocell market is segmented on the basis of technology, femtocell type, application, end-users, and region. Based on technology, the IU-H technology segment dominated with the largest share in 2020, holding for nearly three-fifths of the global femtocell market. However, the segment is expected to cite the highest CAGR of 19.9% during the forecast period.

Download Sample Report (Get Full Insights in PDF – 280 Pages) at:

https://www.alliedmarketresearch.com/request-sample/182

Based on region, the market is studied across Asia-Pacific, Europe, North America, and LAMEA. The North American region dominated the market with the largest share in 2020, holding nearly two-fifths of the market. On the other hand, the global femtocell market across Asia-Pacific is expected to witness the highest CAGR of 22.1% from 2021 to 2027.

Based on end-user, the commercial segment held the highest market share in terms of revenue, accounting for more than two-fifths of the global femtocell market. Conversely, the residential segment is estimated to exhibit the highest CAGR of 21.3% during the forecast period.

Profiling Key Players: China Mobile Ltd., Cisco Systems Inc, Ericsson Inc, Fujitsu Limited, Huawei Technologies Co., Ltd, Nokia Solutions, Samsung Electronics Co Ltd., Vodafone Group Plc., and ZTE Corporation.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/182

Covid-19 scenario:

1. The change in working environment and increase in adoption of work from home culture during the Covid-19 pandemic led to increased demand for advanced telecommunication infrastructure.
2. At the same time, the pandemic delayed installation projects of femtocell infrastructure in some parts of the world. Moreover, in some countries, the private LTE femtocell deployment plans were postponed or delayed due to a disrupted supply chain.
3. The pandemic surged the implementation of industrial automation across several industry verticals, which increased the demand for femtocell for IoT connectivity. 

Thanks for reading this article; you can also get individual chapter wise sections or region wise report versions like North America, Europe, or Asia at:

https://www.alliedmarketresearch.com/request-for-customization/182

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer a cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Contact Information:

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter