Mobile devices refer to portable, compact, and lightweight computing devices featured with touch or non-touch display screens and sometimes a mini keyboard. These devices support 4G connectivity and are used to carry out day-to-day computing tasks including web browsing and running software applications. Common types of mobile devices include mobile phones, smartphones, tablets, personal digital assistant (PDA), pagers, and navigation devices. There has been a global increase in the use of 4G (LTE) devices and this has led to an exponential growth of the global 4G (LTE) devices market.
Growing adoption of smartphones in developing countries and government initiatives for implementing technological advancements in networking infrastructure are the primary factors fueling a robust growth of the global 4G (LTE) devices market during the forecast period. Other factors contributing to market growth include growing demand for advanced networking technology, emergence of a wide range of new and robust connectivity options owing to the development of the Internet of Things (IoT), and growing consumption of HD video content. Increasing competition among both international and local device manufacturers offering a bundled solution of network and devices is expected to attract more consumers making the solution more affordable and technologically advanced. This further supports the growth of the global 4G (LTE) devices market during the forecast period.
The Asia Pacific 4G (LTE) devices market held the largest market share of 30% in 2017 in terms of value and is estimated to account for 38% revenue share in 2017, followed by the 4G (LTE) devices market in North America. Revenue contribution from the 4G (LTE) devices market in Asia Pacific is expected to increase at a CAGR of 15% from 2017 to 2023. In the North America region, market share of the smartphone segment is anticipated to witness a decrease from 70.9% in 2017 to 68.8% in 2023. This is due to the introduction of other innovative smart devices that use advanced networking technologies. The markets in Europe, Asia Pacific, and Middle East & Africa are expected to contribute significantly to the overall revenue growth of the global 4G (LTE) devices market. Sales of 4G (LTE) devices in the Latin America and Middle East & Africa regions is estimated to collectively account for over 14% market share in terms of value of the global 4G (LTE) devices market by 2017 end.
In 2019, the market size of 4G (LTE) Devices is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for 4G (LTE) Devices.
This report studies the global market size of 4G (LTE) Devices, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the 4G (LTE) Devices production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Huawei Technology Company
Market Segment by Product Type
Market Segment by Application
Single Brand Store
Key Regions split in this report: breakdown data for each region.
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the 4G (LTE) Devices status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key 4G (LTE) Devices manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of 4G (LTE) Devices are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025