DUBLIN–(BUSINESS WIRE)–The “Global Femtocells Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028” report has been added to ResearchAndMarkets.com’s offering.
The Femtocells Market was valued at USD 1.82 billion in 2019 and is expected to reach USD 14.32 billion by 2028, at a CAGR of 42% over the forecast period 2019 – 2028.
Robust Demand due to transmission power of femtocells is comparatively less than macrocell networks
The primary driver for the femtocells market is less power consumption. As the transmission power of femtocells is comparatively less than macrocell networks, the former consumes less power than the latter and saves energy. A femtocell consumes less than 7 W and can support several connections in each range. An increase in applications of smartphones for availing value-added services has fueled the growth of the femtocell market. Reductions in the cost of electronic equipment such…