The major growth driver of 4G LTE Market includes growing technology advancement in telecommunication industry, growing demand for high speed communication network and growing development of smart devices among others.
However, weak network strength and fragmented & limited spectrum are the major factors which are hindering the growth of 4G LTE Market.
Hence the market for 4G LTE is expected to grow at high CAGR (2016-2027).
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Major Key Players:
- Verizon Wireless (U.S.)
- AT&T (U.S.)
- Sprint Nextel (U.S.)
- MetroPCS (U.S.)
- US Cellular (U.S.)
- SK Telecom (South Korea)
- Alcatel-Lucent (France)
- Bharti Airtel Ltd.(India)
- LM Ericsson (Sweden)
- Huawei Technologies Co. Ltd. (China)
Regional Analysis of 4G LTE Market:
North America is dominating the Global 4G LTE Market with the largest market share due to growing awareness about high-speed network among people in the region, and therefore accounting for high million and is expected to grow over more billion by 2027.
Objective of 4G LTE Market Study:
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the Global 4G LTE market.
- To provide insights about factors affecting the market growth.
- To analyze the 4G LTE Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by type, by applications and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global 4G LTE market.
- Global 4G LTE Market can be segmented as follows:
- Segmentation by Type: LTE-FDD (Frequency division duplex), LTE-TDD (Time division duplex) and LTE-advance among others.
- Segmentation by Application: Telecommunication, defence & security, M2M connected devices, VoLTE, Public Safety LTE, and games & entertainment among others.
- Huawei technologies has announced about its partnership with Smart Africa alliance on July 2016. The partnership is been conducted to provide digital transformation services to Africa.
- LM Ericsson and Abengoa have signed an agreement on July 2016. The agreement is about transferring Abentel’s assets, projects with employees to Ericsson to enhance its end-to end fibre services.
- North America
- Latin America
- Western Europe
- Rest of Western Europe
- Eastern Europe
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- South Korea
- Rest of Asia Pacific
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