4G Equipments Market Scope
4G Equipment is used to provide 4G connectivity that helps in carrying out day-to-day computing tasks such as internet surfing and accessing online software applications. This equipment empowers the devices to have 4G data connections on their smartphones, laptops, pagers, and various navigation devices. The rapidly growing number of connected users on electronic devices has driven the demand for 4G equipment. According to the Mobile Economy report of the Groupe Spécial Mobile (GSM) Association published in 2017, 4G is anticipated to account for 48% of overall connections by 2020. This is due to the rising penetration of smartphones in developing countries and has positively supported the market growth of 4G equipments.
According to AMA, the Global 4G Equipments market is expected to see growth rate of 21.45%4G equipments market is fragmented by numerous key players who have the bargaining power high in this market. The intensity of rivalry appears to be high in this market as competitors are numerous and the equipment are undifferentiated. Major companies in this market are constantly working towards introducing innovative products and lowering production costs in order to enhance profitability. Research Analyst at AMA estimates that Asian Countries Players will contribute to the maximum growth of Global 4G Equipments market throughout the predicted period.
Huawei Technologies Co Ltd. (China), ZTE Corp (China), Cisco Systems, Inc.(United States), Alvarion Technologies (Israel), Nokia Siemens Networks (Finland), Fujitsu Ltd (Japan), The Hewlett-Packard Company (United States), Genband Inc. (United States), Nortel Networks Corporation (Canada), Samsung Electronics Co. Ltd. (South Korea), Redline Communications (Canada), Airspan Networks, Inc. (United States) and NEC Corp (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Huawei Technologies Co. Ltd. (China), Motorola Solutions, Inc. (United States) and Telefonaktiebolaget LM Ericsson (Sweden).
Segmentation Overview
The study have segmented the market of Global 4G Equipments market by Type (Long Term Equipment (LTE) {TD-LTE, FDD-LTE, LTE A} and Wi-Max Equipment), by Application (Virtual Presence, Virtual Navigation, Crisis Management, Tele Medicine and Geo Processing, Multimedia and Video Services and Other) and Region with country level break-up.
On the basis of geography, the market of 4G Equipments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Consumer Preference for Online Video Streaming
Market Growth Drivers:
Growing Investment by Key Players in LTE Networks, Thriving consumer demand for high speed connectivity and Increasing Adoption of Smart Devices Worldwide
Challenges:
Large Investment in the Existing 3G Technology
Restraints:
Lack of Awareness Regarding 4G Networks
Opportunities:
Expansion of Connectivity Services in Rural Areas and Government Initiatives to Adopt Technologically Advanced Networks
Market Leaders and their Expansionary Development Strategies
In February 2023, Hewlett Packard Enterprise (HPE) is bolstering its private wireless network portfolio with the acquired of Italian virtualized mobile packet core platform vendor Athonet for an undisclosed sum.
In July 2018, Verizon expand its 4G LTE partnership with Ericsson prepare for 5G launch. This extended partnership enables the latest advances in 4G LTE capabilities to provide a 5G-ready platform that will allow Verizon to rapidly transition sites to 5G when they deploy the Ericsson Radio System in their service.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, 4G Equipments Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.