Skip to main content

Femtocell Market Development Upside in Emerging Nations

Demand for access to the mobile internet creates opportunities for new wireless technologies. Femtocells are small cellular base stations used to provide wireless connectivity for mobile devices such as smartphones and media tablets.

According to the latest market study by Allied Market Research, the global femtocell device market was valued at $220 million in 2012 and is expected to grow at CAGR of 42.9 percent during 2013-2020.

A significant increase in the applications of smartphone for and media tablets availing value-added services has fueled the growth of femtocell market.

Reductions in cost of electronic devices -- such as mobile phones, laptops -- have increased the demand for femtocells. The growth of femtocell market in developing economies is hampered due to the higher cost.

High initial investment required for the setup and the limited usage in home based applications of femtocell does not justify the investment made by consumers in the Asian countries.

Flexibility in networking technology trends is also reducing the revenue for femtocell device and service market.

The global femtocell market has enormous potential in developing economies in future, as companies are trying to explore the untapped market of mobile users, especially in China and India.

The global femtocell market is expected to grow in the U.S. and it is estimated to be the fastest growing market among all other markets during analysis period.

Developed countries such as Europe, Australia, and U.K. have a higher adoption rate of femtocell technology as compared to developing countries. This is mainly due to cost involved in femtocell applications.

Due to alternate technologies and their penetrations, the femtocell market prices are expected to decrease in the Asian market. Similarly, mobile network service providers are promoting the application of femtocell in developing countries.

The network service providers are using femtocells as compared to conventional broadband services in commercial applications due to their effectiveness in enterprise market.

The key market players operating in this market are generating competitive advantage by adopting strategic agreements and collaborations for developing novel products and services.

Popular posts from this blog

Digital Talent Demand Exceeds Supply in Asia-Pac

Even the savviest CEO's desire for a digital transformation advantage has to face the global market reality -- there simply isn't enough skilled and experienced talent available to meet demand. According to the latest market study by IDC, around 60-80 percent of Asia-Pacific (AP) organizations find it "difficult" or "extremely difficult" to fill many IT roles -- including cybersecurity, software development, and data insight professionals. Major consequences of the skills shortage are increased workload on remaining digital business and IT employees, increased security risks, and loss of "hard-to-replace" critical transformation knowledge. Digital Business Talent Market Development Although big tech companies' layoffs are making headlines, they are not representative of the overall global marketplace. Ongoing difficulty to fill key practitioner vacancies is still among the top issues faced by leaders across industries. "Skills are difficul

Mobile Device Market Still Awaiting Recovery

The mobile devices market has experienced three years of unpredictable demand. The global pandemic, geopolitical pressures, supply chain issues, and macroeconomic headwinds have hindered the sector's consistent growth potential. This extremely challenging environment has dramatically affected both demand and supply chains. It has led to subsequent inflationary pressures, leading to a worsening global cost of living crisis suppressing growth and confidence in the sector. In tandem, mobile device industry stakeholders have become more cautious triggering market uncertainties. Mobile Device Market Development Operating under such a backdrop, the development of mobile device ecosystems and vendor landscapes have been impacted severely. Many of these market pressures persisted throughout 2022 and now into 2023, borne chiefly by the smartphone market. According to the latest worldwide market study by ABI Research, worldwide smartphone shipments in 2022 declined 9.6 percent Year-over-Year

Open Banking Usage to Grow by 470 Percent

The Open Banking business model has been advantageous for Third-Party Providers (TPPs), helping them to extend their offerings into other areas of financial services with new capabilities. Open Banking is also advantageous for traditional banking institutions, despite the perceived loss of custodianship over their data, by providing greater accessibility to more bank services. Furthermore, Open Banking can help serve Mobile Internet providers that are able to leverage it to create tailored services according to customers’ preferences and/or economic limitations. Open Banking Market Development Since traditional banking services are made more convenient by TPPs via greater data access, customers can proactively manage their finances and shape the development of new financial offerings. This is particularly noticeable in the realm of Digital Payments, where retail merchants and customers transact through eCommerce, which has the greatest number of use cases for Open Banking. These includ