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The global 4G equipment market reached a value of 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. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
4G equipment are fourth-generation wireless communication systems with upgraded data transmission speed and network enhancements. The equipment is categorized into Long-term Equipment (LTE) and Wi-max devices, which include macrocells, small cells, distributed antenna systems (DAS) and testing equipment. They are commonly used for applications that involve virtual presence, navigation, crisis management, telemedicine, remote education, multimedia sharing and tele geoprocessing. These devices are integrated into smart devices, such as smartphones, tablets and notebooks and are more secure than Wi-Fi spots. They also enable the users to get online without plugging into a proprietary system. As a result, they find extensive applications across various industries, including information technology (IT), telecommunication, ecommerce and retail.
Significant growth in the telecommunication industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, a substantial increase in the network traffic is providing a thrust to the market growth. 4G equipment provides faster internet connectivity to smartphone devices, which further enables uninterrupted access to online and live-streamed videos, movies and music. In line with this, the emerging trend of online interactive and multiplayer gaming is also contributing to the growth of the market. Various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), augmented reality (AR) and virtual reality (VR) systems, are anticipated to drive the market toward growth. In addition, 4G equipment is also widely used for operating cloud computing systems for providing access to files and applications to the enterprises in real-time. Other factors, including rising expenditure capacities of the consumers, along with extensive infrastructural development, especially in the developing economies, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global 4G equipment market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, application and end use.
Breakup by Component:
Breakup by Application:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and ZTE Corporation.
|Base Year of the Analysis||2021|
|Segment Coverage||Component, Application, End Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||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 and ZTE Corporation|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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