Published on : Aug 16, 2017
Albany, New York, August 17, 2017: The demand for 4G equipment is increasing on account of their use in applications such as virtual navigation, virtual presence, crisis management, multimedia and video services, tele medicine and education, and tele geo processing. ResearchMoz.us has added a new report to its database titled, “Global 4G Equipments Market Research Report 2017.” The demand for 4G equipment is continuously increasing as it acts as a carrier to boost in-building wireless signal strength across campuses, stadiums, resorts, hospitals, and other large places. These equipment help in faster data transmission rates and enhanced network capacity, thus providing improved coverage.
Tremendous growth in network traffic is a key factor fueling the growth of this market. The growing need for narrowing the connectivity gap and the requirement of highly efficient network services for high end interactive games are also contributing to the growth of the market. On the other hand, the large investments in the existing 3G technology are posing a great challenge for the growth of the 4G equipment market. Rising cyber crimes is resulting in increased concern about privacy and security in implementing 4G network
On the basis of geography, Asia Pacific is a lucrative market for 4G equipment. South Korea, Japan, Hong Kong, and Singapore will be potential markets in the coming years in the Asia Pacific region. The European markets in France and Germany are also expected to show quick growth in the coming years. On the basis of type of 4G equipment, the market is bifurcated into LTE ((Long term Equipment) and Wi-max equipment.
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Players within the market such as China Telecom and China Unicom are extensively investing on LTE networks. In addition to this, Chinese government is offering subsidies to manufacturers of 4G equipment, which is also driving the growth of this market. Chinese manufacturers such as Huawei and ZTE are witnessing remarkable growth and is estimated to pose a threat to global players such as Ericsson in the future.
Key players within the global 4G equipment market include Nokia Siemens Networks, NEC Corp., Alcatel-Lucent, Ericsson Inc., Alvarion Ltd., Huawei Technologies Co. Ltd., Datan Mobile Communications, Equipment Company Ltd., Cisco Systems Inc., Fujitsu Ltd., and HP Co. The report profiles key players of the market and gives details such as business and financial overview, company shares in the market, and recent developments. Information about mergers and acquisitions, collaborations, and partnerships is also included in the report. In addition to this the strategies adopted by key players to stay ahead of competition have also been revealed in this report, making it a must read for all those who wish to invest in the global 4G equipment market.
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