4G (LTE) Devices Market, by Device Type (Smartphones and Tablets), by Pricing Range (Low, Medium, and Premium), by Distribution Channel (Multi-brand Store is further sub-segmented into (Organized and Independent), Single Brand Store, and Online), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Mobile devices are portable, compact, and lightweight computing devices, featured with touch or non-touch display screen an optional mini-keyboard. Smartphone refers to an advanced version of basic mobile phone with various advanced functionality such as Ram (2GB, 3GB–4GB, 6GB, and 8GB) and Operating system such as (Android, iOS, Windows, Blackberry OS, and others (Smartphone refers to an advanced version of basic mobile phone with various advanced features)). Furthermore, tablet is also a type of mobile phone, which is larger than smartphone through smaller than laptop or computer. These devices are available at various channels include multi-brand stores, single brand stores, and online shopping platforms such as eBay, Alibaba, and Amazon.
Market Dynamics
Proliferating demand for 4G-LTE smartphones from the emerging economies such as India and China is expected to boost the market growth over the forecast period. Therefore, key manufacturers in the market are offering low-cost 4G LTE smartphones, in order to expand their consumer base. For instance, in December 2019, Xiomi Inc., introduced its new Redmi K30 series smartphone in 4G LTE and 5G variants in China.
In October 2017, Micomax Informatics, an Indian mobile handset manufacturer, entered into business agreement with telecom operator Vodafone to launch an entry-level 4G smartphone called Bharat 2 Ultra in India. Furthermore, recent technological advancements in the 4G-LTE smartphones will propel the global 4G (LTE) devices market over the forecast period. For instance, in June 2019, China based ZTE Corporation launched its first 5G smartphone ZTE Axon 10 Pro 5G in China for commercial use. However, regulatory uncertainties in certain countries are expected to hinder the global 4G (LTE) devices market over the forecast period.
Market Taxonomy
This report segments the global 4G (LTE) devices market on the basis of device type, pricing range, and distribution channel. On the basis of device type, the global 4G (LTE) devices market is segmented into smartphones and tablets, On the basis of pricing range, the global 4G (LTE) devices market is segmented into low, medium and premium, On the basis of distribution channel, the global 4G (LTE) devices market is segmented into Multi-brand Store is further sub-segmented into (Organized and Independent), Single Brand Store, and Online.
Key features of the study:
This report provides an in-depth analysis of the global 4G (LTE) devices market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global 4G (LTE) devices market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study Apple Inc., ASUSTeK Computer Inc., Huawei Technologies Co., Ltd., Lenovo Group, LG Electronics, Panasonic Corporation, Samsung Electronics Co., Ltd., Xiaomi Inc., and ZTE Corporation
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global 4G (LTE) devices market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global 4G (LTE) devices market
Detailed Segmentation:
Global 4G (LTE) devices Market, By Device Type:
Smartphones
Tablets
Global 4G (LTE) devices Market, By Pricing Range:
Low
Medium
Premium
Global 4G (LTE) devices Market, By Distribution Channel:
Multi-brand Store
Organized
Independent
Single Brand Store
Online
Company Profiles
Apple Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
ASUSTeK Computer Inc.
Huawei Technologies Co., Ltd.
Lenovo Group
LG Electronics
Panasonic Corporation
Samsung Electronics Co., Ltd.
Xiaomi Inc.
ZTE Corporation
*Browse all the market data tables and figures on "4G (LTE) devices Market - Forecast to 2027”
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