Global 4G Devices Market Report 2017: Market to Grow at a CAGR of 8.67% to 2021

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26 Oct, 2017, 12:00 GMT

DUBLIN, October 26, 2017 /PRNewswire/ --

The "Global 4G Devices Market 2017-2021" report has been added to Research and Markets' offering.

The global 4G devices market to grow at a CAGR of 8.67% during the period 2017-2021.

4G devices are devices that can support 4G networks and provide greater data processing speed than the previous generation mobile telecommunication technologies such as 2G and 3G. 4G is seen as a remarkable evolution over 3G due to faster data transfer rate, high-frequency bands, and high download and upload rate. International Telecommunications Union-Radio (ITU-R) communications sector has set up standards for 4G, namely, International Mobile Telecommunications Advanced (IMT-Advanced). However, there are no networks available in the market that meet the specifications set by ITU-R. Therefore, technologies that are more advanced than 3G are sold by service providers as 4G.

Global 4G Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

According to the report, one of the major drivers for this market is Growing use of Internet. The Internet has seen massive growth since 2000. With the rising digital communication, social media, and e-commerce, the penetration of the Internet is expected to rise further. Despite the lowest Internet penetration rate in the region, APAC has the highest number of Internet users, which represents more than 50% of the entire Internet using population. With the rising number of Internet users across the world, there would be a higher deployment of 4G networks for accessing high-speed networks and faster data transfers. This will drive the demand for 4G devices.

The latest trend gaining momentum in the market is Online distribution of devices. A very popular phenomenon that came up 2-4 years ago was that of exclusive online distribution of mobile computing devices such as smartphones. The reason for this is that the younger generation, which is the primary target group for smartphones, spends a considerable amount of time on the Internet through PCs, laptops, tablets, and smartphones. With the added convenience of doorstep delivery and getting in-depth details of the smartphones, people want to purchase products with exclusive offers available online such as cash back on purchases. This encourages the younger generation to purchase products through the online channels.

Further, the report states that one of the major factors hindering the growth of this market is High tariff plans. Mobile broadband modem connections are more expensive than home digital subscriber line (DSL) connections or cable setups. For example, AT&T's wired broadband connection provides 250 GB data and costs around $30, whereas a hotspot connection is more expensive and costs around $149.99 for a monthly data of 5 GB. AT&T's wired broadband connection also provides additional 1 GB refills for $10.

Key vendors

  • Apple
  • Huawei Technologies
  • Lenovo
  • LG
  • NETGEAR
  • Novatel Wireless
  • OPPO
  • Samsung
  • Sony
  • Vivo Communication Technology
  • Xiaomi
  • ZTE

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

  • PART 04: Introduction

Market outline

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

  • Market overview
  • Mobile broadband modems
  • Tablets
  • Smartphones

PART 07: Geographical segmentation

  • Market overview
  • EMEA
  • Americas
  • APAC

PART 08: Decision framework

PART 09: Drivers and challenges

  • Market drivers
  • Market challenges

PART 10: Market trends

  • Growing popularity of IoT
  • Online distribution of devices
  • Emerging technologies
  • Future possibilities with 5G

PART 11: Vendor landscape

  • Competitive scenario

PART 12: Key vendor analysis

  • Smartphones
  • Tablets
  • Mobile broadband modems

PART 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/dvbpds/global_4g_devices

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