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Increased Demand for LTE-Based Femtocells Will Elevate the Femtocell Market in APAC Through 2019: TechnavioTechnavio has published a new report on the femtocell market in the APAC region, which is expected to grow at a CAGR of more than 20% from 2015-2019. About the Report As per the new report by Technavio, there is a tremendous increase in data traffic worldwide following the increase in the penetration of smart devices. In 2014, mobile data traffic grew by 69% because of increased use of mobile broadband among consumers. "The deployment of 3G and 4G networks is expected to increase the mobile data rate rapidly, enabling mobile operators to implement femtocells in order to manage data traffic. This will increase the demand for femtocells and fuel the market growth during the forecast period," says Faisal Ghaus, Vice President of Technavio. The latest report by Technavio also emphasizes the increasing demand for LTE (News - Alert)-based femtocells, which is mainly driven by increased deployment of LTE networks in the APAC region. "Network operators are focusing more on launching LTE-based femtocells as they provide faster transmission of voice and data signals and decreases network traffic," says Ghaus. Market Scope and Calculation of Market Size The new Tchnavio report covers the present scenario and growth prospects of the femtocell market in the APAC region from 2015-2019. The report includes the revenue generated from the annual sales of femtocell equipment and devices from different end-user segments such as residential and SOHO, enterprises, and others. Key Information Covered in the Report:
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View source version on businesswire.com: http://www.businesswire.com/news/home/20150923005056/en/ |
