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LTE Consumer Devices Market 2021 Analysis by Recent Developments and Demand to 2027 | Samsung, Apple, LG, Lenovo, Pantech, Microsoft, HTC, ASUSTeK, BlackBerry, NETGEAR

01-04-2022 09:53 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

LTE Consumer Devices Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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LTE Consumer Devices Market is expected to garner $997 billion by 2020, registering a CAGR of 58.2% during the forecast period 2013-2020.

Markets Segmentation:

Top leading Companies Profiled in LTE Consumer Devices Market Report are Samsung, Apple, LG, Lenovo, Pantech, Microsoft, HTC, ASUSTeK, BlackBerry, NETGEAR, NTT DoCoMo, ZTE, D-LINK, Toshiba, Fujitsu, Xiaomi, Micromax, Huawei, Sony, TP-Link

News and Updates

December 2020 - AT&T LTE-M and NB-IoT network was launched in late 2019; by the fourth quarter of 2020, the company added 20 million connected devices to its network. These connections consist of automotive, consumer electronics, fleet, healthcare, insurance, industrial IoT/manufacturing, public sector, retail, and security sectors.

June 2020 - Qualcomm Technologies, Inc. completed validation of its Qualcomm 9205 LTE IoT Modem’s capabilities for Japanese network operator NTT DOCOMO’s 3GPP Release-14 LTE-M network. The Qualcomm 9205 LTE modem is Qualcomm Technologies’ latest global solution for multimode IoT connectivity around the world. It is a compact and low-power-consuming device.

Market Overview

LTE devices technology is expected to positively impact mobile communication with the creation of differentiated value propositions and along with brand leadership positioning. LTE devices offer varied scope in terms of operability as it can operate in both Frequency Division Duplex (FDD) and Time Division Duplex (TDD) modes allowing flexibility to the operators. LTE devices offer seamless IP connectivity between packet data network and user equipment without any disruptions to the end-user applications. Latest technologies such as potential hybrid network and network sharing are projected to proliferate LTE devices market growth over the next six years. LTE devices offer harmonization of mobile technologies including CDMA and WiMAX with smooth evolution path and high-spectrum flexibility.

Companies are actively working on IoT along with its high growth opportunities in multiple vertical across the market ranging from healthcare to energy utilities and from automotive to robotics. The size of the 3GPP ecosystem is projecetd to further drive commercialisation of IoT, with mobile operators, infrastructure suppliers, chipset and module manufacturers, device companies as well as development and testing houses supporting new services. In turn, this is pushing operators to provide broadband solutions on both mobile networks under the scope of LTE-M and NB-IoT thereby defining and creating new bundle plans by the help of combined mobile and fixed services.

The LTE IoT Market is segmented by Service (Professional, Managed), Product Type (NB-IoT, LTE-M), End-user Industry (IT & Telecommunication, Consumer Electronics, Retail (Digital Ecommerce), Healthcare, Industrial), and Geography.

Market Segmented By Types

Smartphones

Tablets

Dongles

Routers

Other

Market Segmented By Applications

Commercial

Personal

Regional Analysis:

Europe is gaining the LTE IoT market presence owing to the widespread adoption of the LTE technology for enterprises' IoT applications. The well-established presence of some of the prominent players across the region such as Telefonaktiebolaget LM Ericsson, Halberd Bastion Pty Ltd, u-blox AG among others is expected to further assit the regional market in the overall growth.

The region is leading in terms of LTE IoT coverage area, with some of the ongoing development by the prominent players across the region, fueling the demand across the region. For instances, Huawei and Vodafone opened an open lab in Newbury, UK, for R&D of LTE IoT technologies and applications.

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Key Takeaways from LTE Consumer Devices Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the LTE Consumer Devices market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – LTE Consumer Devices market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the LTE Consumer Devices

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In conclusion, the LTE Consumer Devices market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the LTE Consumer Devices Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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