According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com), the global femtocells market was US$420 million in 2012 and is expected to reach $4,706 million in 2019; growing at a CAGR [compound annual growth rate] of 37.1% from 2013 to 2019.
A femtocell is a small, low-power cellular base station. In recent years, increasing femtocell deployments by a large number of mobile operators such as Sprint, Verizon and AT&T in North America, helped North America to dominate the market in 2012. Europe was the second largest market for femtocells as a large number of operators including Vodafone and Telefonica Group have rolled out femtocell services in this region.
The femtocell market is primarily driven by technological advancements and decreasing cost of femtocell devices. In addition, its increasing...| Read more »