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Femtocell Market Analyzed Globally by Top key Industry Manufacturers and Assessment 2013-2020

11-16-2018 10:17 AM CET | Media & Telecommunications

Press release from: Allied Market Research

Femtocell Market Analyzed Globally by Top key Industry

Femtocell market was valued at $304.8 million, and is expected to reach $3,712 million by 2020. Femtocells are cellular base stations used to provide wireless connectivity for mobile devices such as smart phones. Femtocell is usually used in areas where the strength of mobile signal is weak. Femtocell access points facilitate feasible access to voice and data services. Increase in applications of Smartphone for availing value added services has fueled the growth of femtocell market. Reductions in cost of electronic equipment such as mobile phones, laptops and other internet devices have increased the demand for femtocell. The femtocell market growth in developing economies is hampered due to the higher cost. High initial investment required for the setup and the limited usage in home based applications of femtocell does not justify the investment made by consumers in the Asian countries. Flexibility in networking technology trends is also reducing the revenue for femtocell device and service market. The global femtocell industry has enormous potential in developing economies in future, as companies are trying to explore the untapped market of mobile users, especially in China and India.

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Femtocells are generally used in commercial, consumer and public access areas. However, it is largely used for home purposes to enhance the mobile network. Over 30% of the mobile calls are originated from home based users and it is expected that in next few years, approximately all the voice calls packet data would originate from home based users. Poor network service is the key cause of operator switching by the users. Consumers are mostly switching from one operator to another due to poor network quality. Due to the increase in adoption of 3G and 4G network services, the Europe and the U.S. femtocell market share is expected to increase in future. However, Asian market is conquered by highest number of internet users that accounted for 43% of the total internet users around the globe, followed by Europe with 24% of the total users.

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Increasing number of Smartphone users has given rise to the need of fast, reliable and seamless network connectivity. Femtocell is a technology that can deliver cost effective and efficient network service. Increased adoption of broadband services and mobile phone usage for video conferencing, software/music downloading and online gaming are driving the growth femtocell market. Advancement in equipments and their capacity are the main factors to be analyzed by companies before adopting femtocell devices. Due to the cost involved in installing femtocell devices, the Asia-Pacific region is not readily accepting the femtocell technology. Lack of awareness is also acting as a restraint for the market growth in Asia-Pacific region. Emerging technologies such as LTE 4G technology is dominating the developed economics. This report provides an in-depth intelligence on key strategies adopted by top companies engaged in manufacturing and service providing of femtocell devices.

Femtocells are chiefly used in commercial, consumer and public access areas. However, it is largely used in home based connections to enhance the mobile network. In 2012, more than 30% of the mobile calls originated from home users and it is expected that in next few years, majority of voice calls packet data would originate from home settings. Rise in disposable income levels, advancement in network technologies such as 4G, are some driving factors of femtocell market in residential application. However, high cost of femtocell for home applications and lack of awareness for femtocell technology is hindering the growth of femtocell market.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research 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 domain.
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