Small cells are short range, fully featured mobile phone base stations. They support services from larger macrocell towers. A ‘femtocell’ indicates residential products, which are compact and connect using standard domestic broadband internet.
Global small cells and femtocells market was worth USD 420 million in 2012. It could reach USD 6 billion by 2019. Small cell and femtocell technology provides an economical solution for building wireless data infrastructure. This is of great importance in today’s times which are characterized by massive amounts of data streaming around.
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Application software market would grow to USD 235 trillion by 2019. The market for smart phones will be worth USD 8.6 billion in the same year. Moreover, the Internet of Things is resulting in trillions of interconnected sensors. Internet is being accessed more from tablets and smart phones rather than desktops.
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