DUBLIN--(BUSINESS WIRE)--The "World 4G Equipment Market - Opportunities and Forecasts, 2017 - 2023" report has been added to ResearchAndMarkets.com's offering.
In the current business scenario, there is a battle of 4G equipment in the market. The major benefits of this technology as compared to other generation technologies are faster data transfer and improved network coverage.
Customers all over the world are using bandwidth intensive services such as online games and video chats, which is increases the demand of data over voice signals. Therefore, 4G technology has better prospects as compared to previous generation technologies.
Due the benefits of the 4G technology over the previous generation technologies, there is a need to study the global market to understand the future scope of this upcoming technology.
The major driving factor for this equipment market is the growing network traffic. All the TSPs (telecom service providers) are taking advantage of this factor and are coming up with better plans to maintain their position in the market. The limiting factors for this market are the compatibility issues with the handsets, their high costs and security concerns.
4G Equipment Market Analysis by Equipment
The global market can be segmented based on Long Term equipment and Wi-Max equipment. The technologies used in long term equipment are TD-LTE and FDD-LTE. The basic differences between TD-LTE and FDD-LTE are how data is uploaded and downloaded, and in which frequency spectrum the LTE networks are deployed. TD-LTE uses single frequency, while FDD-LTE uses paired frequencies.
4G Equipment market analysis by Applications
The various applications of the 4G equipment are virtual presence, crisis management, e-commerce, virtual navigation, logistics, multi-media and video, Tele medicine, geo processing, etc.
4G Equipment market analysis by End-users
The devices that will benefit from the 4G technology are mobile phones, smart-phones, tablets, notebooks, etc.
4G Equipment market analysis by Geography
The study of the market is carried out based on different geographies. The regions of study include North America, Europe, Asia-Pacific and RoW. China is investing huge amount in the manufacturing 4G equipments. Hence, China is the most lucrative market for 4G equipments, as most of the CSPs (communication service providers) in China are investing huge amount in Long Term Evolution networks.
The key players of the market are adopting collaborative and product launch strategies; for example, Alcatel-Lucent collaborated with Intel Corp. to improve their time to market and provide increased efficiency.
Some other competitors in the market are Huawei Technologies Co Ltd, Alvarion Ltd, Nokia Siemens Networks, Cisco Systems, Inc., Datan Mobile Communications Equipment Company, Airspan Networks, Inc., Fujitsu Ltd, HP Co, Genband Inc., Nortel Networks Corp, Samsung Group, Redline Communications, NEC Corp, and ZTE Corp.
High Level Analysis
The market exploration provides a sketch of the whole 4G equipment market using Porter's Five Force analysis. This helps in recognizing market competitors and their strategic moves.
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