(MENAFN- IMARC Group)
IMARC Group’s report titled“ Femtocell Market Report by Form Factor (Standalone, Integrated), Technology (IMS/SIP Femtocell Technology, IU-H Femtocell Technology), Type (2G Femtocell, 3G Femtocell, 4G Femtocell), Application (Residential, Commercial, and Others), and Region 2024-2032 “.The global femtocell market size reached US$ 3.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 25.7 Billion by 2032, exhibiting a growth rate (CAGR) of 24.4% during 2024-2032.
Factors Affecting the Growth of the Femtocell Industry:
Increased Mobile Data Consumption:
The continuous rise in mobile data consumption over the years is a key factor driving the growth of the femtocell industry. As users increasingly rely on smartphones for various activities, including streaming videos, online…