openPR Logo
Press release

4G (LTE) Devices Market

11-07-2017 07:07 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research

Persistence Market Research delivers key insights on the global 4G (LTE) devices market in a new publication titled “Global Market Study on 4G (LTE) Devices: Single Brand Store Distribution Channel Segment Expected to Witness Significant Growth Between 2016 and 2024” In terms of value, the global 4G (LTE) devices market is projected to register a healthy CAGR of 13.1% during the forecast period owing to various factors, regarding which Persistence Market Research offers vital insights in detail.

Request Sample: https://www.persistencemarketresearch.com/samples/10466

Drivers and trends impacting the market

Consumers are increasingly becoming inclined towards technological advancements in networking solutions and are adopting devices that operate smoothly and with intelligent features. The features in devices such as low network latency rate, better battery backup, and screen resolution are attracting consumers to switch to 4G (LTE) devices thus fueling the demand for 4G (LTE) devices worldwide. Convenience, affordability, and attractive data packages offered by network operators in collaboration with device manufacturers are factors encouraging consumers to try 4G (LTE) devices. This, in turn, is increasing the penetration of 4G (LTE) devices globally.

Device manufacturers at international and domestic levels are playing an important role in the global 4G (LTE) devices market by innovating in different ways. For instance, manufacturers are collaborating with network providers to provide a better service and make it more affordable for their customers. Government initiatives in some regions to encourage deployment of advanced network data consumption is impacting the global 4G (LTE) devices market positively. Traffic for online high-quality video content is increasing, making consumers opt for advanced network operating devices featuring high-speed data. Besides other factors, increasing data consumption per person per day is anticipated to drive revenue growth of the global 4G (LTE) devices market.

Market forecast

The global 4G (LTE) devices market is segmented on the basis of Device Type (Smartphones, Tablets); Pricing (Low, Low-Mid, Mid-High, Premium); Distribution Channel (Multi-brand Store [Organized, Independent], Single brand Store, Online); and Region (North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa). Globally, the single brand store distribution channel segment is expected to witness significant growth over the forecast period as compared to the multi-brand store and online distribution channel segments, which are expected to witness relatively flat growth rates over the forecast period. In terms of value, the low price range segment in the Asia Pacific 4G (LTE) devices market accounted for 37.6% share in 2015. The developing countries in this region showcase the huge potential for low-end 4G (LTE) smartphones and tablets due to the advancements in network infrastructure.

Browse Research Report: https://www.persistencemarketresearch.com/market-research/4g-lte-devices-market.asp

This report covers trends driving each segment and offers analysis and insights into the potential of the global 4G (LTE) devices market in specific regions. The 4G (LTE) devices market in Asia Pacific and North America is expected to register high growth rates between 2016 and 2024. In terms of value, Asia Pacific is expected to create an incremental opportunity of US$ 315.0 Bn between 2016 and 2024. Europe has a relatively small but significant market share in the global 4G (LTE) devices market, as mobile device manufacturers in this region are relatively less prominent. The 4G (LTE) devices market in Asia Pacific is expected to gain substantial market share owing to a high demand from consumers based in countries such as China, Indonesia, and India. The 4G (LTE) devices market in Asia Pacific accounted for 35.9% market share in 2016 and is expected to gain 1,145 BPS to account for 47.4% market value share by 2024. The 4G (LTE) devices market in North America is expected to continue being the second largest market over the forecast period as there is maximum mobile device penetration in that region.

About Us:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us:

305 Broadway,7th Floor
New York City, NY 10007
United States
+1-646-568-7751
+1 800-961-0353 (USA-Canada Toll free)
Email: sales@persistencemarketresearch.com
Website: https://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 4G (LTE) Devices Market here

News-ID: 804304 • Views: 167

More Releases from Persistence Market Research

Global Waterborne Coatings Market Revenue to Witness Steady Growth Through 2020
Waterborne coatings are green substrates using water as solvent to dissolve a resin, making them environment friendly and easy to apply. These coatings usually contain approximately 80% of water with minimum quantities of other solvents such as glycol ethers. As per the U.S. and European regulations of waterborne coatings to have a VOC content less than 3.5 gallons of water, these are considered eco-friendly in nature. Various types of coatings
Manufacturers to Benefit from Lucrative Growth Prospects in the Global Textile P …
Application of coloring pattern and design to decorate the finished fabric is referred as printing. At the time of printing the color is applied to the fabric so that the color or design is not affected at the time of washing. Textile printing is a process of applying color to fabric in definite pattern and design. Textile printing is sometime confused with dyeing. In dyeing whole fabric is uniformly colored
Demand for Triazole Fungicides to Rise Significantly from Key End-use Industry S …
The growth of the crop can be affected by fungal infection. Fungicides are chemical compound used to kill fungi or fungal spores. Triazole is most widely used fungicides due to their different uses and efficacy against a number of fungal diseases. Triazole is highly effective against many different fungal diseases include rusts, leaf-spotting fungi and powdery mildews. Triazole is used on field crops, fruit trees and vegetables. Repeated use
Global Purified Terephthalic Acid Market Revenue to Witness Rapid Growth in the …
Purified terephthalic acid (PTA) is a chemical which is synthesized from crude oil. It is majorly used to manufacture polyester fiber. Its end-user industries include textile and home furnishing where PTA is required to manufacture garments such as bed sheets, curtains and clothes. Request For Report Sample@https://www.persistencemarketresearch.com/samples/3434 The market for purified terephthalic is expected to witness noticeable expansion in the coming years with the growing demand for polyester, specifically in

All 5 Releases


More Releases for LTE

LTE Broadcast Solutions Market
Recently, the opportunity of innovation and internet coupled with the swift technological development of mobility is already disturbing the domination of television as a media platform. More precisely, with the introduction of high-speed 4G networks and smartphones, the idea of mobile TV has become an actuality. LTE broadcast solutions are building revenue generating opportunities for device OEMs, content providers, and mobile operators. LTE broadcast is an effective process to allocate
LTE Equipment : CAGR of 21.4% By LTE Market
Press Release - 07 May2018 Global Research and Development News -- . . "LTE Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' ~ Global LTE Equipment Market: Overview The LTE equipment market report provides an in-depth analysis of the global LTE equipment market for the period
Technological Advancements to Influence LTE And LTE Advance Market Growth
Long term evolution (LTE) and its technology extension LTE Advanced (LTE-A) are widely used cellular technologies that significantly improve spectral efficiency by increasing the performance of cellular networks to the highest theoretical downlink speed up to 1 GBPS and reducing latency. With LTE and LTE-Advance the end users of mobile devices get benefitted from enhanced bandwidth and superior performance combined with advanced features. LTE networks enhances content deliver performance to
LTE And LTE Advance Market Forecast Report Offers Actionable Insights
Long term evolution (LTE) and its technology extension LTE Advanced (LTE-A) are widely used cellular technologies that significantly improve spectral efficiency by increasing the performance of cellular networks to the highest theoretical downlink speed up to 1 GBPS and reducing latency. With LTE and LTE-Advance the end users of mobile devices get benefitted from enhanced bandwidth and superior performance combined with advanced features. LTE networks enhances content deliver performance to
Global LTE Infrastructure Market
The growth of LTE infrastructure market is driven by rising demand for high data rate transmission and improved spectral efficiency, which in turn is driven by increased data usage. Further, rising demand for public safety LTE infrastructure is expected to drive the growth of LTE infrastructure market in the coming years. Lack of availability of compatible devices, especially for LTE Advanced, is one of the major challenges for growth of
The LTE, LTE-Advanced & 5G Ecosystem Technology Advancement, Emerging Evolution
As a natural upgrade path for carriers from the previously detached GSM, CDMA and TD-SCDMA ecosystems, LTE has emerged as the first truly global mobile communications standard. Commonly marketed as the “4G” standard, LTE promises to provide higher data rates and lower latency at a much lower TCO (Total Cost of Ownership) than 3G technologies. The TCO and performance is further enhanced by deployment of small cells and the LTE-Advanced standard.