Dublin, March 25, 2024 (GLOBE NEWSWIRE) — The “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” report has been added to ResearchAndMarkets.com’s offering.
The global femtocell market reached US$ 3.4 billion in 2023. Looking forward, the market is projected to reach US$ 25.7 billion by 2032, exhibiting a growth rate (CAGR) of 25.2% during 2023-2032.
Significant improvements in the 4G and 5G infrastructure are among the key factors driving the growth of the market. Furthermore, the rising demand for heterogeneous networks across the globe is also driving the market growth. High penetration of broadband services and mobile phones has enhanced the requirement for improved…