Industry Background:
4G devices smartphones and tablets which are the enable to 4G wireless telecommunication technology. 4G is the fourth generation and 4G LTE is fourth generation long term evaluation which delivers fastest connection for mobile internet experience. 4G is next generation technology of 3G and offers 10 times more speed than 3G. Additionally 4G devices support 4G connectivity and used to perform day to day computing task such as web browsing as well as running software applications. Rising Dependency on internet will help to boost global 4g device market.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Apple (United States), Samsung (South Korea), Huawei (China), Lenovo (China), Xiaomi (China), ZTE (China), ASUS (Taiwan), LG Electronics (South Korea), NETGEAR (United States) and Novatel Wireless (United States) |
According to AMA, the market for 4G Devices is expected to register a CAGR of 13.1% during the forecast period to 2027. This growth is primarily driven by Government Initiation towards Technological Advancement in Networking and Rising Dependency on Smartphones and Tablets.
Globally, a noticeable market trend is evident Developing Consumption of HD Video Content
Major Players, such as Apple (United States), Samsung (South Korea), Huawei (China), Lenovo (China), Xiaomi (China), ZTE (China), ASUS (Taiwan), LG Electronics (South Korea), NETGEAR (United States) and Novatel Wireless (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 18th October 2018, Samsung Electronics has acquired Zhilabs (a leading provider of Artificial Intelligence (AI)-based network and service analytics). This deal is done for further enhancement in 5g capabilities such as industrial Internet of Things (IoT) and connected cars.
On 21st August 2018, Apple has announced that they are going to launch new 5g enable device anytime soon. and On 15th August 2018, Samsung Electronics, a leading provider of advanced semiconductor technology has launched developed Exynos Modem 5100, the industry’s first 5G modem that is fully compatible with 3rd Generation Partnership Project (3GPP).
Influencing Trend:
Developing Consumption of HD Video Content and Up Surging Demand of Online Distribution of Devices
Market Growth Drivers:
Government Initiation towards Technological Advancement in Networking and Rising Dependency on Smartphones and Tablets
Challenges:
Threat of Substitution such as 5G
Restraints:
Lack of Awareness about 4G Devices and Straight Government Regulation
Opportunities:
Low Cost Smartphones in Emerging Economics and Increasing Popularity of IOT
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in 4G Devices Market
- Analysis about New Entrants in 4G Devices Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, 4G Devices Study Sheds Light on
The 4G Devices Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the 4G Devices industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where 4G Devices industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.