Global Picocell and Femtocell Market Continues to Expand with Industry Veteran Nokia Solution partnering with Vodafone Idea Limited to introduce next-generation LTE to improve

 

Picocell and Femtocell Market

A picocell, sometimes also referred to as a cell tower, is an underground facility designed for communication between satellites and telecommunications equipment used in the air. A picocell consists of a device, usually a compact circuit board (ICB), transmitting data to an antenna mounted on the roof of a building. A picocell has the potential to become a very large structure, covering several miles of the exposed roof and with many transmitting sites. In communications, a femtocell really is just a low-powered, small cellular tower base station, usually meant for use in a residence or small company. However, a broader term that is more common in this field is mini-femtocell, with femtocell being a sub-set. It's also known as Femto AccessPoint.

Growing mobile phone users and saturating the telecommunication market are expected to drive growth of the global picocell and femtocell market. The usage of the internet has increased significantly over the years. As a result of this, the demand for expansive network coverage is also increasing so that users can enjoy streaming video seamlessly. According to Pew Research Center, around 96% of U.S. adults owned 96% in 2019. Furthermore, the telecommunication market in emerging economies is at a saturation stage and thus mobile phone operators are adopting strategies to make improvements in their services and enhancing network coverage. Hence, such factors are expected to drive growth of the global picocell and femtocell market. Furthermore, growing demand for a femtocell to reduce cost is expected to propel the global picocell and femtocell market growth in the near future.

Continuous competition with Wi-Fi and constant interference with the macro telecommunication market is expected to hinder the global picocell and femtocell market growth in the near future. Although femtocell has been widely accepted by mobile users in both residential and public areas, they are facing strong competition with Wi-Fi since these devices can offload data traffic much better than femtocells. Among regions, Asia Pacific is expected to witness significant growth in the global picocell and femtocell market. This is owing to the presence of major market players such as Huawei Technologies, ZTE Corporation, and others. Furthermore, Europe is expected to register a lucrative growth rate, owing to increasing penetration of smartphones.

Major companies involved in the global picocell and femtocell market are Cisco System, Inc., ZTE Corporation, Telefonaktiebolaget LM Ericsson, Nokia Corporation, and Huawei Technologies Co., Ltd.

For instance, in March 2019, Nokia Solution partnered with Vodafone Idea Limited to introduce next-generation LTE to improve.

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