Femtocell Market is Expected to Reach $3.7 Billion, Globally, by 2020
May 19, 2014 --
Portland, Oregon (PRWEB UK) 19 May 2014
Allied Market Research publishes a latest report "Femtocell Market (Types, Technology, Applications and Geography) - Global Analysis, Trends & Forecast through 2020."
The report analyzed the global femtocell market at $304.8 million in 2013, and it is forecast to reach $3,712 million by 2020. Drop in prices of femtocell devices and Technological strides are working positively for the growth of femtocell market.
To view the complete report, visit the website at http://www.alliedmarketresearch.com/femtocell-market.
Demand for quick and uninterrupted network have increased due increasing Smartphone users. Femtocell technology offers efficient and cost effective services. Increased adoption of broadband services, mobile phone usage for video conferencing, software/music downloading and online gaming are driving the growth femtocell market. Capacity and advancements in equipment are important factors that firms should consider before using femtocell technology. Lack of awareness about femtocell technology and high installation cost are slowing down the growth of market in Asia-Pacific region.
Femtocells are primarily utilized in consumer, public and commercial areas. However, in 2012, more than 30% of the mobile calls were by home users and it is projected to rise in a span of five years. Rising disposable income and technological strides are driving the growth for femtocell market. However, lack of awareness and high cost would impede the market growth.
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The report segments the Femtocell technology market into SIP/IMS technology and IU-H technology. Increased adoption of IMS technology by small & medium firms and reduced cost of IU-H technology are driving the growth of market. SIP/IMS technology has witnessed higher adoption among residential users. However, IU-H technology market holds major share in the femtocell market due to its multi-functionality.
In terms of types, the report divides the femtocell markets into 2G, 3G and 4G femtocell. Firm are leveraging the market by producing advanced femtocell devices. The report also provides detailed analysis of key firms operating in the market.
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