Femtocell market: Key market research findings
- Emergence of IoT among enterprise consumers
- Increased demand for LTE-based femtocells
Technavio has added a new market research report on the femtocell market in the APAC region to its telecom portfolio. The market research analysts estimate the femtocell market in APAC to grow at a CAGR of more than 20% between 2015 and 2019. The market is primarily driven by the immense demand for online videos, emails, location-based services, online gaming, file sharing, and making video calls.
In-building coverage optimization, improved high rate data usage, and minimal dependence on the expandability of macrocell networks are the major contributing factors in the adoption of femtocell market in APAC.
The Internet of things (IoT) plays an important role in driving the adoption of femtocell among enterprise consumers. It provides interconnectivity between devices and allows the exchange of large volumes of data stored in the cloud. Additionally, it has alsos facilitated the transmission of massive data through high speed networks. Several governments in the APAC are investing heavily in IoT projects. The Chinese government alone is expected to invest more than 600 billion by 2020. The South Korean government is set to launch an open IoT ecosystem consisting of various sectors such as the services, platform, network, devices, and IT security.
“The demand of LTE-based femtocells for faster transmission of data and voice services across households and enterprises is one of the emerging trends in the market. Demand for LTE-based femtocells is driven by the increasing deployment of LTE networks in the emerging APAC region. Technavio market research analysts predict that China Mobile’s massive rollout of TD-LTE is expected to significantly propel the market during the forecast period,” says Navin Rajendra, Lead Analyst, IT Hardware, Software and Services, Technavio Research.
Key vendors in the femtocells market in APAC include Airvana, Alcatel, Cisco, and Samsung. The demand for femtocells is increasing rapidly and a large number of telecom network providers are entering the market. Moreover, the price competition among existing players is intensifying over the past few years because of the entrance of new players.
A more detailed analysis is available in the Technavio report, FemtoCell Market in APAC: Market Analysis and Forecast 2015-2019.
https://www.technavio.com/%3Cp%3E%3Cu%3E%3Cstrong%3EWe%20can%20customize%…
