Press release
4G Infrastructure Equipment Global Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Demand, Forecast, Outlook, Key Players
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.4G Infrastructure Equipment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $88.09 billion In 2028 At A CAGR Of 7.1% :
The 4g infrastructure equipment market size has grown strongly in recent years. It will grow from $62.37 billion in 2023 to $66.83 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increased mobile data usage, internet proliferation, smartphone revolution, consumer demand for speed, telecom industry growth.
The 4g infrastructure equipment market size is expected to see strong growth in the next few years. It will grow to $88.09 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to transition to 5g, rising data demands, network upgrades and expansion, iot integration, enhanced coverage and connectivity. Major trends in the forecast period include network virtualization, small cell deployments, network security upgrades, increased carrier aggregation, advanced antenna technologies.
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4G Infrastructure Equipment Market Major Segments
The 4g infrastructure equipment market covered in this report is segmented -
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
Key Driver - Explosive Growth In Network Traffic Propels The 4G Infrastructure Equipment Market Forward
Significant growth of network traffic is one of the major drivers of the growth of the 4G infrastructure equipment market. Network traffic is the amount of data that moves across the internet at any given time. The exponential rise in the number of internet users, which is nearly 57% of the global population coupled with the increase in smartphones and mobile devices (4.68 billion users) lead to network traffic growth. The global number of internet users is expected to reach 4.8 billion people by 2022, and this in turn will result in rise in network traffic. As per the statistics provided Telefonaktiebolaget LM Ericsson, the Mobile network data traffic grew 36% between Q1 2022 and Q1 2023. The emergence of new social media platforms and applications such as Augmented Reality (AR) and Virtual Reality (VR) is also expected to drive the rise in network traffic in the forecast period. To accommodate such huge network traffic and deliver strong network bandwidth, telecom operators are expanding their 4G infrastructure equipment, which is expected to drive the 4G infrastructure equipment market in the forecast period.
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Prominent Trend - Digital Distributed Antenna Systems (DAS) Revolutionizing Connectivity And Public Safety Coverage In The 4G Infrastructure Equipment Market
A digital distributed antenna system (DAS) is a network of antennas connected to a common source. DAS uses advanced digital signal processing to improve voice and data connectivity for end users. It can be used indoors or outdoors and can be used to provide wireless coverage in hotels, subways, airports, hospitals, businesses, roadway tunnels etc. The wireless, and advanced signal processing features have enabled the use of DAS as a reliable public safety radio communication service operation system. However, improving public safety coverage indoors is a long-standing challenge. Therefore, specialized in-building infrastructure is required to allow two-way or trunked radio systems. Thus, Digital DAS is expected to enhance the growth of the 4G infrastructure equipment market.
4G Infrastructure Equipment Market Players
Major companies operating in the 4G infrastructure equipment market include Airspan Networks Inc., Cisco Systems Inc., Fujitsu Limited, Huawei Technologies Co. Ltd., Motorola Solutions Inc., Nokia Corporation, ZTE Corporation, Nortel Networks Corporation, Alvarion Technologies Ltd., Telefonaktiebolaget LM Ericsson, Datang Mobile Communications Equipment Co. Ltd., Nokia Siemens Networks GmbH & Co. KG, Samsung Electronics Co. Ltd., Altiostar Networks Inc., Altran Technologies SA, Check Point Software Technologies Ltd., Ciena Corporation, Lumentum Operations LLC, Acacia Communications Inc., Ciena Communications Inc., Finisar Corporation, Juniper Networks Inc., Infinera Corporation, NEC Corporation, Qualcomm Technologies Inc., Telit Communications PLC, T-Mobile US Inc., Verizon Communications Inc., AT&T Inc., China Mobile Limited, China Telecom Corporation Limited, China United Network Communications Group Co. Ltd., Deutsche Telekom AG, Orange S.A., Vodafone Group Plc, Bharti Airtel Limited, Reliance Jio Infocomm Limited, SK Telecom Co. Ltd., KT Corporation, LG Uplus Corp.
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the 4G infrastructure equipment market in 2023. Western Europe was the second largest region in the 4G infrastructure equipment market. The regions covered in the 4g infrastructure equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. 4G Infrastructure Equipment Market Report Structure
3. 4G Infrastructure Equipment Market Trends And Strategies
4. 4G Infrastructure Equipment Market - Macro Economic Scenario
5. 4G Infrastructure Equipment Market Size And Growth
…..
27. 4G Infrastructure Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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