The global baseband processor market to grow at a CAGR of 13.7% during the period 2016-2020.
Global Baseband Processor Market 2016-2020, 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. To calculate the market size, the report considers the revenue generated from the baseband processors.
Development of next-generation wireless networks will be a key trend for market growth. As mobile communication devices are gaining traction, the network traffic is rapidly increasing. This is leading to an increase in the deployment of next-generation wireless networks such as 3G, 4G, and 5G. These technologies offer wireless connection similar to home broadband connections. This, in turn, increases the number of users accessing the internet from anywhere, at any time.
According to the report, at the end of 2013, Chinese government issued 4G licenses to three major telecom operators, namely China Mobile with frequency spectrum of 1880MHz-1900MHz, 2320MHz-2370MHz, and 2575MHz-2635MHz bands; China Telecom with frequency spectrum of 2370MHz-2390MHz and 2635MHz-2655MHz; and China Unicom with frequency spectrum of 2300MHz-2320MHz, marking the beginning of China's high-speed mobile network.
The purpose of issuance of a 4G license by the Ministry of Industrial Information Technology (MIIT) is to increase consumer spending on information technology. Also, the launch of 4G is likely to drive the retail sales of smartphones. Hence, many smartphone manufacturers are launching 4G smartphones to grab this opportunity. This has also led to a decline in the prices of 3G smartphones, which in turn, propelled the sales of 3G smartphones in China. This factor will be a key driver for market growth, driving the demand for baseband processors.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/4mbnc8/global_baseband