Coherent Market Insights

Femtocell Market is Expected to Surpass US$ 15,012.5  Mn by 2028

Femtocell Market is Expected to Surpass US$ 15,012.5  Mn by 2028 - Coherent Market Insights

Publish In: Jan 25, 2022

Femtocells are small, cellular base stations used to provide wireless connectivity for mobile devices such as smartphones. Generally, a femtocell is used in areas where the strength of the mobile signal is weak. Femtocell access points allow feasible access to data and voice services. Femtocells are widely used among different end users namely in-house, corporate, and public spaces. In in-house use, femtocells are used by an individual to improve indoor network coverage. In enterprises, femtocells are a cost-effective solution to bring high data and voice transmission rates. Femtocells can be used standalone or integrated with a DSL modem or broadband connection.

Market Statistics:

The global femtocell market is expected to surpass US$ 15,012.5  Mn in terms of value by the end of 2028.

Global Femtocell Market: Drivers

High penetration of broadband and mobile phones is expected to drive growth of the global femtocell market during the forecast period

In the recent past, the proliferation of broadband and mobile phones has increased significantly. This is typically due to rising requirement of improved network coverage for end-use applications such as software downloading, video conferencing, music downloading, and internet games. Furthermore, advancements in network technologies such as 4G and growing disposable income have increased demand for femtocell. Thus, these factors are expected to drive growth of the global femtocell market during the forecast period.

Global Femtocell Market: Opportunities

Constant inorganic strategies among market players can provide lucrative growth opportunities

Key players in the market are focused on mergers and acquisitions, in order to gain a competitive edge in the market. For instance, in May 2013, Cisco Systems, Inc. acquired Ubiquisys for US$ 310 million to jointly develop femtocell solutions through their skilled resource and expertise. Moreover, in April 2012, Telefonaktiebolaget LM Ericsson acquired BelAir Networks to strengthen its leadership in the mobile infrastructure and Wi-Fi equipment market.

Global Femtocell Market: Recent Developments

Major market players are focused on collaborations and partnerships, in order to gain a competitive edge in the market. For instance, in February 2018, Samsung Electronics America, a subsidiary of Samsung Electronics, collaborated with Verizon to assist in advancing their 4G LTE Open RAN initiative.

Key companies in the market are involved in partnerships and collaborations, in order to enhance the market presence. For instance, in March 2019, Nokia Solution and Networks partnered with Vodafone Idea Limited to introduce next generation LTE to improve. 

Key companies in the market are focused on product launches, in order to expand the product portfolio. For instance, in February 2017 Samsung Electronics launched an end-to-end portfolio of 5G mobile network products and solutions.

Global Femtocell Market: Restraints

High initial cost of a femtocell is expected to hamper the global femtocell market growth over the forecast period

Femtocell requires high initial cost, which is a major challenging factor in emerging economies. The average cost of a femtocell range between US$ 100 and US$ 200 in 2012. Since femtocell is widely used in in-house applications and thus it has limited applications, which does not justify the initial investment. Hence, these factors are expected to hinder the global femtocell market growth over the forecast period.

Global Femtocell Market - Impact of Coronavirus (Covid-19) Pandemic

The COVID-19 pandemic continues to impact international public health, global economies, and the information and communications technology sector. Globally, as of 8:48pm CEST, 6 October 2021, there have been 235,673,032 confirmed cases of COVID-19, including 4,814,651 deaths, reported to WHO. As of 3 October 2021, a total of 6,188,903,420 vaccine doses have been administered. With increasing focus on providing essential location-based and temporal data for tackling regional and global challenges such as COVID-19, the demand for femtocell is expected to increase.   

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/femtocell-market-4885

Key Takeaways:

  • The global femtocell market was valued at US$ 5,443.4 Mn in 2020 and is forecast to reach a value of US$ 15,012.5  Mn by 2028 at a CAGR of 13.3% between 2021 and 2028.
  • The Residential segment was valued US$ 2,774.1 Mn in 2020 and is expected to witness a CAGR of 30.3% over the forecast period.
  • The 3G segment was valued US$ 1,582.4 Mn in 2020 and is expected to witness a CAGR of 28.5% over the forecast period.
  • The Standalone segment was valued US$ 2,496.6 Mn in 2020 and is expected to witness a CAGR of 26.0% over the forecast period.

Market Trends:                                                                           

Enterprise sector gaining major traction

Applications such as unified communication, voice and data traffic switching, network analysis, and providing dedicated voice and data capacity among others have fueled the demand for femtocells in the enterprise sector. In January 2014, Vodafone Group PLC in the U.K. launched “Vodafone Sure Signal” for medium and large enterprises that need ultrafast 3G and 4G indoor network coverage. This gives enterprises an always-connected workforce and smarter communication infrastructure.

High adoption of the heterogeneous network in the near future

Increasing the adoption of HetNet is fueling the growth of femtocells globally. These networks combine the 2G, 3G, and 4G radio technologies and support circuit switch fallback within the networking technologies. Furthermore, Wi-Fi carriers are also expected to be included in the convergence. Further, the installation of a distributed antenna system that are powered by femtocells is also expected to be deployed in the near future.

Global Femtocell Market: Competitive Landscape   

Key players operating in the global femtocell market are Airvana LLC, Texas Instruments Inc., Alcatel-Lucent SA, Samsung Electronics, Cisco Systems Inc., Nokia Solution, and Networks, Telefonaktiebolaget LM Ericsson, Netgear, Inc., Gemtek technology Corp., NEC Corporation, and ip.access, Ltd.

 

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