Soaring Growth Projected for the Dynamic 4G Infrastructure Equipment Market || Airspan Networks Inc., Cisco Systems Inc., Fujitsu Limited

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The 4G infrastructure equipment market has demonstrated robust growth, escalating from $62.37 billion in 2023 to a projected $66.83 billion in 2024, marking a commendable compound annual growth rate (CAGR) of 7.1%. The market is anticipated to sustain this momentum, with expectations to reach $88.09 billion by 2028, maintaining a solid CAGR of 7.1%.

Driving Forces: Explosive Growth in Network Traffic

The exponential surge in network traffic emerges as a major catalyst propelling the 4G infrastructure equipment market forward. Network traffic, representing the data moving across the internet, has witnessed substantial growth due to an increase in internet users, currently accounting for nearly 57% of the global population. With the global number of internet users projected to reach 4.8 billion by 2022, the surge in network traffic is inevitable. Notably, the Mobile network data traffic grew by 36% between Q1 2022 and Q1 2023, as reported by Telefonaktiebolaget LM Ericsson. The rise of new social media platforms and applications, including Augmented Reality (AR) and Virtual Reality (VR), further contributes to the escalating network traffic. To meet the demands of this burgeoning traffic and ensure robust network bandwidth, telecom operators are expanding their 4G infrastructure equipment, driving market growth.

Smart Cities Spearheading Market Expansion

The proliferation of smart cities emerges as a significant driver fueling the growth of the 4G infrastructure equipment market. Smart cities leverage technology and data-driven solutions to enhance efficiency, sustainability, and the overall quality of life for residents. The 4G infrastructure equipment plays a pivotal role in supporting smart cities by providing reliable high-speed connectivity for IoT devices, enabling real-time data analysis and efficient communication networks. According to the IMD Smart City Index Report, the coverage of smart cities increased by almost 20%, reaching a total of 141 cities. This surge in smart city initiatives is anticipated to be a major growth driver for the 4G infrastructure equipment market.

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Industry Leaders Shaping the Market

Major companies driving innovation and shaping the 4G infrastructure equipment market include Airspan Networks Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Nokia Corporation, and Qualcomm Technologies Inc., among others. These industry leaders continue to play a pivotal role in advancing technology and meeting the evolving demands of the market.

Digital Distributed Antenna Systems (DAS): Transforming Connectivity

The adoption of digital distributed antenna systems (DAS) stands out as a transformative element in enhancing connectivity and public safety coverage within the 4G infrastructure equipment market. DAS, utilizing advanced digital signal processing, improves voice and data connectivity for end-users, both indoors and outdoors. With a focus on enhancing public safety coverage indoors, DAS is anticipated to play a crucial role in elevating the growth of the 4G infrastructure equipment market.

Innovative Solutions Redefining Connectivity

In the competitive landscape of the 4G infrastructure equipment market, major companies are introducing innovative solutions to maintain a competitive edge. Paytm, a leading financial technology company based in India, has introduced 4G-enabled payment devices such as Paytm Music Soundbox and Pocket Soundbox. These devices, combining music and payment management or offering rapid audio payment alerts, showcase the ongoing innovation in the market.

Regional Dynamics: Asia-Pacific Leads the Charge

Asia-Pacific emerged as the largest region in the 4G infrastructure equipment market in 2023, with Western Europe securing the second-largest position. The comprehensive market report covers regions including Eastern Europe, North America, South America, Middle East, and Africa.

Segmentation Insight: Types, Products, and Applications
1) By Type: Small Cell, Macro Cell, Distributed Antenna System (DAS), Other Types
2) By Product: Time division (TD) LTE, Frequency-Division Duplexing LTE, LTE A
3) By Application: Logistics, E-Commerce, Virtual Presence, Crisis Management, Tele Medicine And Geo Processing, Other Applications

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4G Infrastructure Equipment Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The 4G Infrastructure Equipment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on 4G infrastructure equipment market size, 4G infrastructure equipment market drivers and trends, 4G infrastructure equipment market major players, 4G infrastructure equipment market competitors' revenues, 4G infrastructure equipment market positioning, and 4G infrastructure equipment market growth across geographies. The 4G infrastructure equipment market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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