Dublin, March 25, 2024 (GLOBE NEWSWIRE) -- The "Femtocell Market Report by Form Factor (Standalone, Integrated), Technology (IMS/SIP Femtocell Technology, IU-H Femtocell Technology), Type (2G Femtocell, 3G Femtocell, 4G Femtocell), Application (Residential, Commercial, and Others), and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global femtocell market reached US$ 3.4 billion in 2023. Looking forward, the market is projected to reach US$ 25.7 billion by 2032, exhibiting a growth rate (CAGR) of 25.2% during 2023-2032.
Significant improvements in the 4G and 5G infrastructure are among the key factors driving the growth of the market. Furthermore, the rising demand for heterogeneous networks across the globe is also driving the market growth. High penetration of broadband services and mobile phones has enhanced the requirement for improved network coverage for high-quality video conferencing, calling and downloading of software and music. In line with this, the increasing commercial applications of femtocell in multi-tenant buildings, hotels and office towers are also contributing to the market growth.
Various technological advancements, such as product integration with the Internet of Things (IoT) to improve indoor coverage and maintain the need for smart devices, are acting as other major growth-inducing factors. Increasing investments in small-cell infrastructure, along with the utilization of distributed antenna systems and cloud Radio Access Network (C-RAN), are some of the other factors that are expected to drive the market further.
Market Segmentation
The report provides an analysis of the key trends in each sub-segment of the global femtocell market report, along with forecasts at the global and regional level from 2024-2032. The report has categorized the market based on form factor, technology, type and application.
Breakup by Form Factor:
- Standalone
- Integrated
Breakup by Technology:
- IMS/SIP Femtocell Technology
- IU-H Femtocell Technology
Breakup by Type:
- 2G Femtocell
- CDMA
- GSM/GPRS
- 3G Femtocell
- W-CDMA/HSPA
- CDMA2000-EVDO
- TD-CDMA
- 4G Femtocell
- WiMAX
- LTE
Breakup by Application:
- Residential
- Commercial
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined with some of the key players being:
- Alcatel-Lucent SA (Nokia)
- Analog Devices
- Cisco Systems
- Ericsson
- Fujitsu Limited (Furukawa Group)
- Huawei Technologies
- Juniper Networks Inc.
- Motorola Inc.
- Netgear Inc.
- Samsung
- ZTE Corporation
Key Attributes
Report Attribute | Details |
No. of Pages | 146 |
Forecast Period | 2023-2032 |
Estimated Market Value (US$) in 2023 | USD 3.4 Billion |
Forecasted Market Value (US$) by 2032 | USD 25.7 Billion |
Compound Annual Growth Rate | 25.2% |
Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/loqk1g
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