According to IMARC Group’s latest report, titled “4G Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the 4G equipment market Share.
The global 4G equipment market size reached US$ 66.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 203.5 Billion by 2027, exhibiting a CAGR of 20.37% during 2022-2027. Fourth-generation wireless (4G) equipment are categorized as long-term equipment (LTE) and Wi-max devices, such as small cells, macrocells, testing equipment, and distributed antenna systems (DAS). They are primarily used in various applications, including virtual presence, telemedicine and education, crisis management, multimedia and video services, virtual navigation, and geoprocessing. As 4G equipment is more secure than Wi-Fi spots, they are integrated into smart devices, such as notebooks, smartphones, and tablets. As a result, they are extensively used across various industries, including telecommunication, information technology (IT), e-commerce, and retail.
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4G Equipment Market Trends:
The increasing growth of network traffic is one of the primary factors providing a considerable thrust to the market growth. 4G equipment offers faster internet connectivity and enables uninterrupted access to online and live-streamed videos, music, and movies. Additionally, the surging expenditure capacities of consumers and increasing investments in infrastructural development are factors positively contributing to market growth. Besides this, the integration of connected devices with augmented reality (AR), the Internet of Things (IoT), and virtual reality (VR) systems, coupled with rising research and development (RD) activities, are bolstering the market growth. Moreover, the burgeoning popularity of online interactive and multiplayer gaming and the increasing use of 4G equipment for operating cloud computing systems are creating a positive outlook for the market.
4G Equipment Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the 4G equipment market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Airspan Networks Inc.
- Cisco System Inc
- Fujitsu Limited
- Huawei Technologies Co. Ltd.
- Motorola Solutions Inc.
- NEC Corporation
- Nokia Corporation
- Samsung Electronics Co. Ltd.
- Telefonaktiebolaget LM Ericsson
- ZTE Corporation.
Key Market Segmentation:
The report has segmented the 4G equipment market on the basis of breakup by component, application, end-use and region.
Breakup by Component:
- Infrastructure Equipment
- Small Cell
- Macro Cell
- Distributed Antenna System (DAS)
- Testing Equipment
Breakup by Application:
- LTE A
Breakup by End Use:
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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