According to IMARC Group’s latest report, titled “Femtocell Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 the global femtocell market is expected to grow at a CAGR of 27.6% during 2021-2026.
Femtocell is a small and light-weight cellular base station designed to increase the signal strength and coverage area of mobile networks. It acts as a repeater that communicates with the mobile phones and converts voice calls into voice over information protocol (IP) packets. These packets are then transmitted over a broadband connection to the server of the mobile operator. Femtocells offer numerous benefits such as reduced dropped calls, quick data connections, low power consumption, in-premise voice and data services, and improved mobile voice output quality.
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Rapid improvements in the 4G and 5G infrastructure and escalating demand for heterogenous networks worldwide are primarily propelling the market for femtocell. Furthermore, increasing penetration of broadband services and mobile phones has augmented the need for improved network coverage for high-quality video conferencing and downloading software and music. Additionally, the growing commercial applications of femtocells in multi-tenant buildings, offices, and hotels are also contributing to the market growth. Several technological innovations, such as the integration of the Internet of Things (IoT) with the product to improve indoor coverage, are acting as another growth inducing factor. Rising investments in small-cell infrastructures, coupled with the utilization of cloud Radio Access Network (C-RAN) and distributed antenna systems are anticipated to further catalyze the market for femtocell over the forecasted period.
Femtocell Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
The report has segmented the market on the basis of form factor, technology, type, application and region.
Breakup by Form Factor:
Breakup by Technology:
Breakup by Type:
Breakup by Application:
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Breakup by Region:
Key highlights of the report:
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