Global 4G Equipment Market Segmentation Application, Technology & Market Analysis Research Report to 2023
According to a new report published by Reports Monitor titled, “Global 4G Equipment Market, Growth Opportunities, Innovations and Forecast, 20XX-20XX,” the 4G equipment market was valued at XX million in 20XX, and is projected to reach at XX million by 20XX, growing at a CAGR of XX% from 20XX to 20XX.
4G is the fourth generation of broadband cellular network technology, which is the successor of 3G (third generation) and 2G (second generation) mobile phone technology. A 4G Long Term Evolution (LTE) is a high speed wireless data transmission communication technology. A ‘generation” refers a change or technological advancements in the fundamental nature of services as compared to the preceding “generation”. Over the years the wireless communication technology has advanced and transformed in the telecommunication industry, the first move from analog (1G) to digital (2G) transmission and then 3G with multi-media support followed by 4G with internet protocol (IP) and packet-switched networks giving the network a ultra-speed access.
The major driving force in the 4G equipment market is the advancement in generation technologies providing a high speed data transfer and enhanced network coverage. The increase in demand for the services using high bandwidth and data over voice signals is another factor for the market growth as the 4G services provide better utility services as compared to the earlier generation technologies. The increase in the network traffic further drives the 4G equipment market globally. However, the mobile devices supporting the 4G services are of high costs and security being a concern limits the growth of the market. In addition, the demand for high and improved data speed with the LTE services being constantly evolving and creating a way to reach 5G services with new and added capabilities are the future opportunities that can be reached in coming years.
This report provides a detailed analysis of 4G Equipment market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
The segmentation of global financial analytics market is based on the equipment’s, applications and end users. On the basis of equipment the global 4G equipment market can be segmented into long term evolution (LTE) and wi-max. On the basis of application the global 4G equipment market can be segmented into crisis management, virtual navigation, virtual presence, e-commerce, logistics, multi-media and video, tele medicine and geo processing. On the basis of end users the global 4G equipment market can be segmented into e-commerce, smart-phones, mobile phones and logistics.
Based on the geographical regions covered, the financial analytics market is analysed across North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA). China is expected to grow as it is investing a huge amount in the manufacturing 4G equipment’s and long term evolution networks.
Key players in the 4G equipment industry includes Huawei Technologies Co Ltd, ZTE Corp, Cisco Systems, Inc. Alvarion Ltd, Nokia Siemens Networks, Fujitsu Ltd, HP Co, Alcatel-Lucent, Genband Inc., Nortel Networks Corp, Samsung Group, Redline Communications, Datan Mobile Communications Equipment Company, Airspan Networks, Inc., NEC Corp.
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