Global Picocell and Femtocell Market 2018-2022
About Picocell and Femtocell
Picocells and femtocells are types of small cells. Low-power signals are transmitted by these small cells, covering a much smaller area than normal macrocell base stations. As these small cells are much closer to mobile users, they offer a better data and voice quality as well as a longer battery life than standard cells.
Technavio’s analysts forecast the global picocell and femtocell market to grow at a CAGR of 15.59% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global picocell and femtocell market for 2018-2022. To calculate the market size, the report considers the revenue generated by leading vendors of picocells and femtocells.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Picocell and Femtocell Market 2018-2022
Technavio recognizes the following companies as the key players in the global picocell and femtocell market: Cisco Systems, Ericsson, Huawei, Nokia (Alcatel-Lucent), and ZTE.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is telecom firms inclining toward millimeter wave solutions. The millimeter wave technology involves the transmission of information through radio waves, with a wavelength in the range of 1 mm-10 mm. It provides higher bandwidth and plays a major role in mobile backhaul and wireless communication. There is an increase in the use of millimeter wave for backhaul of small cells such as picocells and femtocells. The millimeter wave equipment works on unlicensed Eband, licensed E-band, and W-band. Telecom firms find the solution promising for LTE macrocell and small cell backhauling. Thus, microwave equipment suppliers are adding millimeter wave gear to their product portfolios.”
According to the report, one of the major drivers for this market is Less power consumption. As the transmission power of femtocells is comparatively less than macrocell networks, the former consumes less power than the latter and saves energy. A femtocell consumes less than 7 W and can support several connections in each range. On the other hand, a macrocell uses more energy for signal transmission. A substantial portion of these signals is unutilized. It was found that macrocell networks consume seven times more power than femtocell networks spread over a certain geographical region. The small transmission power of femtocell networks leads to less battery drain in devices as well and supports a reduction in inter-cell interference. Thus, mobile operators prefer femtocells to offer better services to their subscribers, especially with LTE technology and in future, the 5G technology.
Further, the report states that one of the major factors hindering the growth of this market is High deployment costs. The high installation cost of small cell networks, such as picocells and femtocells, and limited security for remotely placed outdoor power systems are expected to hinder the growth of the global picocell and femtocell market. In addition, large organizations in the industry are compelled to adhere to stringent spectrum regulations laid by telecommunication standard organizations. Persistent pressure for competitive pricing by customers affects profit margins of companies. For instance, data tariffs are almost similar for both 3G and LTE networks to provide broadband communications.
Cisco Systems, Ericsson, Huawei, Nokia (Alcatel-Lucent), and ZTE.