Global 4G Services Industry $249+ Billion by 2031 –


Dublin, Jan. 24, 2023 (GLOBE NEWSWIRE) — The “4G Services Global Market Report 2022” report has been added. ResearchAndMarkets.com offer.

This report provides strategists, marketers and senior managers with the critical information they need to assess the global 4G Services market.

The global 4G services market is expected to grow from $133.02 billion in 2021 to $158.89 billion in 2022 at a compound annual growth rate (CAGR) of 19.4%. In 2026, the 4G services market is expected to grow to $249.21 billion at a compound annual growth rate (CAGR) of 7.5%.

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The major players covered in the global market of 4G services are Verizon Wireless, AT&T, Huawei Technologies Co. Ltd. and are SK Telecom, Alcatel-Lucent, Bharti Airtel Ltd., Sprint Nextel, Vodafone Group PLC, Telstra Corporation Limited and ZTE Corporation. .

The 4G services market consists of the sale of 4G services by entities (organizations, individual traders, partnerships) used in laptops, smartphones, routers and wireless modems for communication. 4G is the fourth generation of mobile network technology. 4G technology will provide services with faster speed and optimal efficiency than 3G services.

The main types of technologies of 4G services are LTE-FDD (frequency division duplex), LTE-TDD (time division duplex), LTE-advance, WiMAX and hspa+. LTE-FDD implies that downlink and uplink transmissions occur in different, fairly separated frequency bands, while TDD implies that downlink and uplink transmissions occur in different, non-overlapping time slots. The connection plans are prepaid, postpaid and broadband and are used by various end users including retail, corporate, government or public sector, other end users.

Regions covered in 4g services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The growing demand for high-speed internet is driving the market for 4G services. In the last few years, the demand has increased significantly due to the increase in the use of smart devices.

Growth in social media usage, online content activities, voice search/voice commands, smart home devices, gaming, and e-commerce is increasing the demand for high-speed internet connectivity. For example, in 2020, about 60% of the world’s population has access to the Internet, and in mid-2020, about 50% of the population used social media. The increase in online activity creates the need for high-speed connectivity, thereby increasing the market potential for 4G services.

Telecom is a highly regulated industry facing strict regulations and protocols. What’s more, the current rules for very old phones still apply to internet technology. As technology has changed in the last 10 years, this makes regulation irrelevant. Uncertainty in regulations makes it difficult for companies to develop and implement any new technology that benefits customers and increases their customer base. These strict regulations, which rarely take advantage of emerging technology, limit the market for 4G services.

Machine-to-machine (M2M) and IoT infrastructure are key trends in the 4G services market. Alternative telecommunication networks are primarily being built to support M2M / IoT, providing low-cost wireless M2M with faster data rates and low-bandwidth data transmission equipment. Initiatives presented by Weightless (USA) SIG and SigFox (Fr.) and others offer M2M / IoT solutions that combine coverage, battery life, cost module and operational simplicity and claim to significantly increase established mobile networks.

According to Sierra Wireless, technologies that leverage existing networks make the most sense, and they see 4G/LTE as the technology of choice for M2M deployments. Sierra Wireless indicates that cellular connectivity will play a key role in the Internet of Things (IoT) and is working with other hardware vendors and network carriers on the recently unveiled LTE-M (LTE for M2M). deployment and interoperability, good security and mobility, low total cost and excellent coverage.

Countries covered in 4g services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Report Attribute Details
Number of pages 175
Forecast Period 2022 – 2026
Estimated market value in 2022 (USD). 158.89 billion dollars
Projected market value by 2026 (USD). 249.21 billion dollars
Compound annual growth rate 11.9%
Areas covered Global

Key topics covered:

1. Summary

2. Characteristics of the 4G Services Market

3. 4G Services Market Size and Growth
3.1. Historical market for global 4G services, 2016-2021, billion dollars
3.1.1. Market Drivers
3.1.2. Restrictions on the market
3.2. Global 4G Services Forecast Market, 2021-2026F, 2031F, Billion USD
3.2.1. Market Drivers
3.2.2. Restrictions on the market

4. 4G Services Market Segmentation
4.1. Global 4G Services Market, Segmentation by Technology, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

  • LTE-FDD (Frequency Division Duplex)
  • LTE-TDD (Time Division Duplex)
  • LTE – advanced
  • WiMax
  • HSPA+

4.2. Global 4G Services Market, Segmentation by Connection Plan, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

  • Prepaid
  • Postpaid
  • Broadband

4.3 Global 4G Services Market, Segmentation by End User, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

  • Retail
  • corporative
  • Government or Public Sector
  • Other End Users

5. Regional and Country Analysis of 4G Services Market
5.1. Global 4G Services Market, By Region, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD
5.2. Global 4G Services Market, Segment by Country, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

For more information on this report, visit https://www.researchandmarkets.com/r/4vafxg

  • Global 4G Services Market

        



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