Type of Article: MacTech Blog

Enterprise drives femtocell market to $4.32 billion

The femtocell market will see a steady growth as revenues reach $4.2 billion in 2019 owing to a rise in enterprise unit shipments, according to ABI Research (www.abiresearch.com).

Top vendors focusing on the enterprise market are Alcatel-Lucent, Airvana, and Cisco. Interestingly, while enterprise shipments are on the rise, residential shipments are slowing down. ABI Research predicts slow steady growth at best for residential products for the foreseeable future.

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Global facial recognition market to reach US$2.19 billion by 2020

According to a new market research report from Transparency Market Research (www.transparencymarketresearch.com/), the global market for facial recognition will reach US$2.19 billion by 2019.

The market is driven by increased demand for surveillance systems by civil and government agencies, according to the research group. This is majorly due to rising number of crimes and terrorist activities across the globe that would elevate the demand for efficient facial recognition solutions/systems in the near future.

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