Worldwide 4G LTE Wireless Broadband Market Report Forecast to 2026
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Global 4G LTE Wireless Broadband Market Size study, by type (LTE FDD and LTE TDD), By Application (School, Shopping center, Enterprise, Hospital and Others) and Regional Forecasts 2019-2026
Global 4G LTE Wireless Broadband Market is valued approximately at USD XX billion in 2018 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2019-2026. 4G LTE Wireless is a standard for wireless broadband communication for data terminals, mobile devices based in the GSM/EDGE and UMTS/HSPA technologies. It increases the speed and capacity of connected devices using a different radio interface together with core network improvements. Also, the 4G LTE wireless broadband offers a significant improvement over other cellular communication standards. The growth of the market is primarily driven by the increase in demand for better connectivity for enhancing customer experience and growing penetration of smart devices.
For Instance: According to the Consumer Technology Association’s in June 2018, the association has conducted a study on consumer technology ownership. The study reveals that smartphone penetration stood about 87% of homes in the United States. Hence, rising demand for better connectivity is expected to propel the demand for 4G LTE Wireless Broadband solutions as it offers super-fast connectivity to millions of users and also acts as an enterprise network connectivity enabler. However, concerns related to data privacy and data security is expected to impede the growth of the market over the forecast period.
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The regional analysis of global 4G LTE Wireless Broadband market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is expected to hold a notable share in the world in terms of revenue owing to the high adoption of advanced communication technologies along with the pre-requisite infrastructure and technical expertise in the sector. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period.
Major market player included in this report are:
- Alcatel-Lucent Enterprise
- USAT LLC
- Huawei Technologies Co Ltd
- ATT Inc.
- Verizon Wireless
- Telstra Corporation
- ZTE Corporation
- Cisco Systems Inc.
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Last Update : 28 March 2020 4:03 PM
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|Item Owner : Vidhya Nigam|
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