Overview and Scope
4G services are the fourth generation of mobile networking technology that
provides services at a much faster speed than 3G services with optimum
efficiency and are used in laptops, smartphones, routers, and wireless modems
for communication.
Sizing and Forecast
The 4G services market size has declined steeply in recent years. It will
decline from $585 billion in 2023 to $540 billion in 2024 at a compound annual
growth rate (CAGR) of -7.7%. The decline
in the historic period can be attributed to high initial investment, energy
consumption, environmental concerns, supply chain disruptions.
The 4G services market size is expected to see steep decline in the next few
years. It will decline to $438.3 billion in 2028 at a compound annual growth
rate (CAGR) of -5.1%. The decline in the
forecast period can be attributed to saturation of 4g coverage, stringent
regulatory, shift in consumer preferences, vast competition. Major trends in
the forecast period include enterprise solutions, 5G preparations, improved
roaming services, content streaming optimization, security enhancements.
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Segmentation & Regional Insights
The 4g services market covered in this report is segmented –
1) By Technology: LTE-FDD (Frequency Division Duplex), LTE-TDD (Time Division
Duplex), LTE- advance, WiMax, and HSPA+
2) By Connection Plan: Pre-paid, Post-paid, and Broadband
3) By End User: Retail, Corporate, Government or Public Sector, Other End Users
Asia-Pacific was the largest region in the 4G market in 2023. The regions
covered in the 4g services market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Increasing demand for high-speed internet connectivity is driving the 4G
services market. The demand has been increasing significantly over the past few
years due to an increase in the use of smart devices. An increase in social
media usage, online content activities, voice search/voice commands, smart home
devices, games, and e-commerce is driving the demand for high-speed internet
connectivity. For instance, in August 2022, according to Eurostat, a
Luxembourg-based statistical office of the European Union, in 2021, high-speed
internet coverage increased to 70.2% of EU households, marking growth from
59.8% in 2020. The increase in online activity drives the need to have
high-speed connectivity, thereby increasing the potential of the 4G services
market.
Key Industry Players
Major companies operating in the 4g services market report are Apple Inc.,
Samsung Electronics Co. Ltd., Verizon Wireless, China Mobile Limited,
AT&T Mobility LLC, Huawei Technologies Co. Ltd., Lenovo Group Ltd.,
China Telecom Corporation Limited, Vodafone Group plc, Cisco Systems Inc.,
China Unicom (Hong Kong) Limited, KDDI Corp., Orange S.A., Telefónica S.A.,
Telefonaktiebolaget LM Ericsson, KT Corporation, ZTE Corporation, Bharti
Airtel Limited, Telstra Corporation Limited, S.K. Telecom Co. Ltd.,
Nokia Networks, Alcatel-Lucent SA, Motorola Mobility LLC, Telenor ASA, NTT
DoCoMo Inc., T-Mobile International AG & Co. KG, MetroPCS
Communications Inc., U.S. Cellular, Sprint Nextel Corporation
The 4g services market report table of contents includes:
1. Executive Summary
2. 4G
Services Market Characteristics
3. 4G
Services Market Trends And Strategies
4. 4G
Services Market - Macro Economic Scenario
5. Global
4G Services Market Size and Growth
.
32. Global
4G Services Market Competitive Benchmarking
33. Global
4G Services Market Competitive Dashboard
34. Key
Mergers And Acquisitions In The 4G Services Market
35. 4G
Services Market Future Outlook and Potential Analysis
36.
Appendix
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