Global 4G (LTE) Devices Market Insights on Trends, Drivers and Opportunities Until the End of 2024

In terms of value, the global 4G (LTE) devices market is anticipated to expand at a CAGR of 13.1% during the forecast period (2016 – 2024) and is expected to account for US$ 926.1 Bn by 2024 end.


Albany, NY -- (SBWIRE) -- 07/17/2018 -- Market research report offers an eight-year forecast for the global 4G (LTE) devices market between 2016 and 2024. The primary objective of the report is to offer insights on the advancements in the global 4G (LTE) devices market. The study demonstrates key market dynamics that are expected to influence the current environment and future status of the global 4G (LTE) devices market over the forecast period. The report offers updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global 4G (LTE) devices market.

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The report begins with a market overview and talks about the market share of the global 4G (LTE) devices market by splitting the market on the basis of device type, price range, and distribution channel segments. A section of the report highlights region wise demand for 4G (LTE) devices across the five key regions of North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. It provides a market outlook for 2016–2024 and sets the forecast within the context of the global 4G (LTE) devices market, including new technological developments as well as product offerings in the global 4G (LTE) devices market. This study discusses key regional trends contributing to the growth of the 4G (LTE) devices market globally and analyses the degree to which drivers are influencing the market in each region.

In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view of key players operating in the global 4G (LTE) devices market. Top companies covered in the report are 4G (LTE) devices manufacturers such as Apple Inc., Samsung Electronics, ZTE Corporation, Huawei Technology Company Limited, Lenovo Group Limited, ASUSTeK Computer Inc., Xiaomi Inc., and LG Electronics Inc. The report discusses how the overall competition in the market is steadily increasing and analyzes the various factors shaping internal as well as external competition in the market. Overall internal competition in the global 4G (LTE) devices market is likely to be high due to the presence of a substantial number of international and domestic providers of 4G (LTE) mobile devices in the market. Various barriers restricting entry in the industry are analyzed and rated on the basis of their impact on the competition levels in the market.

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Key Segments Covered

By Device Type



By Pricing




By Distribution Channel

Multi-brand Store



Single brand Store


A detailed analysis has been provided for each segment in terms of market size analysis for 4G (LTE) devices across the globe.

Research methodology

The forecast presented in this report assesses the total revenue generated across the global 4G (LTE) devices market. In order to offer an accurate forecast, the report begins by sizing up the current market, which forms the basis of how the global 4G (LTE) devices market is likely to perform in future. The report takes into account extensive secondary research to determine top industry players and overall market size. Region wise and segment wise data has also been acquired through interviews with key stakeholders in the global 4G (LTE) devices market. Data gathered through primary and secondary research is validated by the triangulation method and further scrutinized using advanced tools to obtain useful qualitative and quantitative insights. Given the ever-fluctuating nature of the global economy, the report not only takes into account forecasts conducted in terms of CAGR, but also analyzes the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand market predictability and to identify the right opportunities across the global 4G (LTE) devices market.

Another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity, traditionally overlooked while forecasting the market. Absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global 4G (LTE) devices market. Further, to understand key market segments in terms of growth and performance, Persistence Market Research has developed the global 4G (LTE) devices market attractiveness index to help providers identify real market opportunities across the global 4G (LTE) devices market.

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