A study released by Allied Market Research has projected significant growth for the femtocell market over the next eight years. Valued at $3.8 billion in 2020, femtocell sales are projected to reach $15.4 billion by 2028, growing at a CAGR of 19.3 percent.
Femtocells, defined as fully featured, low-powered, small, cellular base stations, can be used for cost-effective access to high-speed internet, replacing WiFi routers. When designed for residential environments, they typically support four connections. In an office setting, they support connections to up to 16 users.
“The primary driver for the femtocells market is less power consumption,” the report stated. “There is also growth in femtocells due to technological advancements in femtocell technology and decreasing cost of femtocell devices. Additionally, there is high adoption of femtocells in the residential segment coupled with increasing demand from the enterprise segment, which is also driving the femtocell market.”
“Successful femtocell implementation is dependent on network densification,” the report said. “Femtocells also compete with public 4G and 5G cellular networks. However, they can be the better choice when large amounts of data are transferred that stress the public network in a given area.”
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