Cellular Market Growth Rate Research By top key players By AT&T, Verizon Communications, Alcatel Lucent, Bharti Airtel, NTT Docomo, Reliance Communications, Singapore Telecommunications, China Mobile and Forecast Up To 2023

Global Cellular Market by technology (2G and 3G, 4G, 5G), by frequency (Edge, UMTS, LTE), by application (mobile phones, USB/power dongles, modem/router), by type of connection (post-paid, pre-paid)

Market Insights:

According to a new report by Market Research Future (MRFR), the global cellular networks market is predicted to expand at an above average CAGR during the forecast period (2017-2023) due to the tremendous usage of smartphones in the recent years. The cellular networks market is expected to grow at approximately at 40 % of CAGR between 2018 and 2023. The global cellular networks market is segmented on the basis of technology, frequency, and application and by connection type

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The usage of smartphones has increased tremendously in the recent years and is expected to grow at a rapid pace in the coming years. Two mobile phones can connect with each other via a cellular network under a base station over a wide geographical area. Cellular operators offer two types of subscriptions namely post-paid and pre-paid. Currently, cellular networks are using the 4G technology through 3GPP family under LTE brand. The 5G technology is still under the research phase and has been tested successfully by some of the prominent players in the market and could provide room for expansion to the players in the coming years.

Cellular network establishes a connection between two mobile devices on a wider geographical area. Increasing usage of smartphone and IoT (Internet of Things) has been affecting the growth of the global cellular network market positively. The technology in the area of cellular network has seen various changes according to the traffic usage. It started with EDGE technology for GSM mobiles and then UMTS, which is known as 3G. To bear with heavy traffic from subscribers and to offer better services 4G was developed. 4G is the next generation of the wireless technology, which provides services at higher speeds and all IP based multimedia services. Currently, cellular networks are providing 4G technology under 3GPP family under LTE (Long Term Evolution) band. With the advancements in technology and 5G technology is expected to tap the market in the coming years. 5G is successfully tested by some of the market players like NTT DoCoMo in mobile world congress Barcelona demonstrated wireless 5G technology for controlling robots successfully.

The market for the global cellular networks is segmented on the basis of technology, frequency, application, and by connection type. On the basis of application, it is further segmented into the type of devices such as mobile phones, USB / power dongles, and modem/router. Currently, the number of mobile phones is increasing at an exponential rate and is creating an impact on cellular networks. The cellular network companies are developing new technologies to handle data traffic and to provide better options such as a device to device communication.

Industry News:

A giant cellular antenna has been recently placed in a U.S. highway near Norfork Lake. This belongs to the telecommunication company Mobilitie. The antenna has been designed to tackle some of the data traffic previously being handled by the existing cell towers. This giant antenna has been helping ease cellular networks.

Drivers and Constraints:

The growing use of smartphones coupled with the Internet of Things (IoT) has affected the cellular networks market positively. The cellular network technology has witnessed various changes according to the traffic usage. The technology initially started with EDGE technology that served GSM mobiles and later shifted to universal mobile telecommunications system (UMTS), which is commonly known as 3G. To offer better services and to bear with heavy traffic from the subscribers, 4G was developed which is the next generation for wireless technology. 4G offers services at higher speeds and all IP based multimedia services. In the current market scenario, cellular markets provide 4G technology under 3GPP under Long Term Evolution (LTE) band. With further technological advancements, 5G technology is anticipated to penetrate the market in the future.

Growing use of smartphones has increased the reliability of the consumer. Further, the introduction of 4G is anticipated to spur the market growth over the forecast period. Besides, mobile data availability and its cost-effective prices are predicted to be the major drivers fuelling the growth of the market.

Cellular IoT has several advantages such as deep indoor penetration, broader coverage, and smaller module size which are preferred in high-density situations. Cellular networks are prompting the utilization of IoT and are anticipated to showcase tremendous growth in the global market during the assessment period.

However, the emergence of Low Power Wide Area Networks (LPWAN) like SigFox and LoRA, along with other costs of cellular modules might hinder the growth of the cellular networks market in the coming years.

Key Players :

AT&T Inc. (U.S), Verizon Communications (U.S), Alcatel Lucent (France), Bharti Airtel Ltd (India), NTT Docomo (Japan), Reliance Communications Ltd (India), Singapore Telecommunications Ltd (Singapore), China Mobile Ltd (China)

Segments:

For the purpose of this study, Market Research Future has segmented the global cellular networks into technology, frequency, application, and type.

By Technology:

2G and 3G

4G

5G

By Frequency:

EDGE

UMTS

LTE

By Application:

Mobile Devices

USB / Power Dongles

Modem or Router

By Connection Type:

Pre-Paid

Post-paid

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Regional Analysis:

Geographically, the market has been spanned over regions such as North America, Europe, Asia Pacific, and Rest-of-the-World.

Though North America and Europe are prominent players operating the market, they are anticipated to showcase a slow growth over the assessment period. Asia Pacific is expected to be the largest region in the coming years owing to digitalization in countries like India and China and an increase in connectivity rates. The market has hit a plateau in regions such as Japan, Singapore, Hong Kong, and Australia. But the rise in mobile subscribers in countries such as North Korea, Indonesia, and Bhutan may offer relief to the market.

Europe is expected to generate a considerable amount of revenue and witness a healthy growth over the assessment period. With increasing population and high demand for consumer goods, along with the proliferation of disruptive technology are the key factors driving the market growth in this region.

TABLE OF CONTENTS

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

2.4.1 Market Data Collection, Analysis & Forecast

2.4.2 Market Size Estimation

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Restraints

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4 Executive Summary

5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis

Continued…

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