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4G Equipment Market by Component (Infrastructure Equipment and Testing Equipment), and Technology (LTE and Wi-Max): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Pages: 256
Jul 2019 | 3914 Views
 
Author(s) : Makarand Sinnarkar , Supradip Baul
Tables: 96
Charts: 21
 

4G Equipment Market Outlook:2026

The 4G Equipment market size was valued at $40,415.4 million in 2018 and is projected to reach $185,050.8 million by 2026, growing at a CAGR of 20.5% from 2019 to 2026. 4G technology is the fastest growing technology and growing at a rapid pace due to increased demand from individuals across the globe. It establishes faster internet connectivity for connected as well as smartphone devices, which further enables uninterrupted connectivity for streaming videos, movies, and music. 4G equipment in 4G networks thus provide enhanced network connectivity across various areas such as, buildings, hospitals, campuses, and other large spaces. Moreover, 4G equipment are used in numerous applications such as virtual presence, navigation, multimedia and video services, crisis management, and others. Also, majority of the people use smartphones for entertainment purposes such as gaming, video calling and surfing. These factors require strong connectivity and thus, drive the demand for 4G networks and equipment. 

The infrastructure equipment segment dominated the overall share in 2018 and is expected to remain dominant during the 4G equipment market forecast period. The growth of this segment is mainly attributed to increase in number of connected and mobile devices across the world and specifically in the Asia-Pacific region. For instance, according to GSM Association report on The Mobile Economy in 2017, 4G is anticipated to account for 48% of overall connections by 2020.

4G Equipment Market

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In terms of technology, the LTE segment generated the highest revenue in the 4G equipment market share in 2018 and is expected to remain dominant during the forecast period.  The growth of this segment is mainly attributed to boom in the penetration of smartphones in developing countries such as India, China, Pakistan, Indonesia, and others.

Based on region, Asia-Pacific generated the highest revenue and experienced growth in 2019 and is expected to dominate the market throughout the forecast period. Rise in penetration of smartphones and increase in awareness of mobile phone usage are the major reasons fueling the market growth in this region.

The report focuses on the growth prospects, restraints, and trends of the 4G equipment market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the global 4G equipment market.

Segment review

The global 4G Equipment market is segmented on the basis of component, technology, and region. Based on component, the market is categorized into infrastructure equipment and testing equipment. On the basis of technology, it is classified into LTE and Wi-Max. In addition, LTE technology is further segmented into, TD-LTE, FDD-LTE, and LTE A. Based on region, the 4G equipment market is analyzed across North America, Europe, Asia Pacific, and LAMEA.

4G Equipment Market by Component

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The global 4G equipment market share is dominated by key players such as Airspan Networks Inc., Cisco, Fujitsu Limited, Huawei Technologies Co. Ltd., Motorola Solutions, Inc., NEC Corporation, Nokia Corporation, Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation, and others.

Top Impacting Factors

Current and future 4G Equipment industry trends are outlined to determine the overall attractiveness of 4G equipment market. Top impacting factors highlight the 4G Equipment market opportunities during the forecast period. Factors such as significant rise of network traffic due to rise in M2M connections, mobile, and wireless devices is the major factor driving the growth of 4G network equipment market. In addition, booming consumer demand for high speed connectivity and supportive government and industry initiatives are also the crucial factors that drive the market growth. However, concerns pertaining to network are expected to hinder the growth of 4G equipment market. Furthermore, expansion of 4G network in rural areas is expected to provide major opportunities for the market in upcoming years.

4G Equipment Market by Technology

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Significant growth of network traffic

Network traffic is the amount of data moving across the internet network at any given point of time. Exponential rise in number of internet users and proliferation of smartphone and mobile devices are leading to the growth of network traffic. As per the statistics provided by Cisco Visual Networking Index (VNI), the global IP traffic was 122 EB (Exa byte) per month or 1.5 ZB (Zetta byte) per year in 2017. The global IP traffic is expected to reach 396 EB per month or 4.8 ZB in 2022 experiencing growth at a CAGR of around 26% from 2017. The global number of internet users is expected to reach 4.8 billion people by 2022 with Asia Pacific accounting for 2.6 billion users. This rise in network traffic is majorly arising from growth in M2M connections, smartphones, mobile, and wireless devices. Consumer Video on Demand (VoD) traffic, internet video surveillance traffic, and Augmented Reality (AR) and Virtual Reality (VR) network traffic are also expected to rise with significant growth in coming years. Emergence of new social media platforms and applications are expected to further propel the rise in network traffic in the coming years. To accommodate such huge network traffic and deliver strong network bandwidth, telecom operators are expanding their 4G infrastructure, which is expected to drive the 4G equipment market growth in coming years

4G Equipment Market by Region

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Thriving consumer demand for high speed connectivity

Last few years have witnessed strong proliferation of wireless mobile devices and smartphones in various emerging regions including Asia Pacific, South America, and the Middle East and Africa. These mobile devices and smartphones are equipped with roughed hardware components such as RAM, ROM, processors, and HD displays. This integration helps these devices to smoothly run the high definition videos, games, and other applications. Therefore, consumers nowadays demand strong internet connectivity to play HD video on demand on their devices, and play online interactive mobile games that require strong and efficient network connections. Further, strong adoption of cloud computing technologies has put many enterprise applications over the cloud. Enterprises need to access and work on these applications in real time, which requires strong internet connectivity. Therefore, enterprises from various industry verticals are also demanding strong and sustainable internet connectivity. The increase in need to reduce the connectivity gap is driving the adoption of 4G equipment by various telecom service providers (TSPs).

Expansion in rural areas

Rise in competitive rivalry, lowering costs of data packs and penetration of smartphones are fueling the growth of 4G equipment market. The expansion by telecom service providers in rural areas of the region present lucrative growth opportunity for the service providers. Currently, around one out of every three 4G network users lives in rural areas and this number is expected to grow in coming years. Urbanization in various developing economies have led to growth in number of internet users. Telecom service providers have to put substantial efforts on expensive integration undertakings and complex coordination to deliver services in rural areas. Automation is expected to help service providers automate new service launches, network upgrades, and complex tasks. Significant portion of the population in various emerging regions including Asia-Pacific, South America, and Africa lives in rural areas. Expansion in these areas presents strong 4G equipment market opportunity growth in coming years for players.

Key Benefits for 4G Equipment Market:

  • This study presents the analytical depiction of the global 4G Equipment market trends and future estimations to determine the imminent investment pockets.
  • A detailed analysis of the 4G Equipment market segments measures the potential of the market. These segments outline the favorable conditions for the market.
  • The report presents information related to key drivers, restraints, and opportunities.
  • The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.

4G Equipment Market Segments:

By Component

  • Infrastructure Equipment
    • Small Cell
    • Macro Cell
    • Distributed Antenna System (DAS)
    • Others
  • Testing Equipment

By Application

  • LTE
    • TD-LTE
    • FDD-LTE
    • LTE A
  • Wi-Max 

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany 
    • France
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Middle East
    • Africa

Key Market Players Profiled in the 4g Equipment Market Report

  • Airspan Networks Inc.
  • Cisco
  • Fujitsu Limited 
  • Huawei Technologies Co. Ltd.
  • Motorola Solutions, Inc. 
  • NEC Corporation
  • Nokia Corporation
  • Samsung Electronics Co. Ltd.
  • Telefonaktiebolaget LM Ericsson
  • ZTE Corporation
  • Others
 

CHAPTER 1:  INTRODUCTION
              1.1.    REPORT DESCRIPTION
              1.2.    KEY MARKET SEGMENTS
              1.3.    KEY BENEFITS
              1.4.    RESEARCH METHODOLOGY
                         1.4.1.   Primary research
                         1.4.2.   Secondary research
                         1.4.3.   Analyst tools and models
CHAPTER 2:    EXECUTIVE SUMMARY
              2.1.    CXO PERSPECTIVE
CHAPTER 3:    MARKET LANDSCAPE
              3.1.    MARKET DEFINITION AND SCOPE
              3.2.    KEY FINDINGS
                         3.2.1.   Top investment pockets
                         3.2.2.   Top winning strategies
              3.3.    PORTER'S FIVE FORCES ANALYSIS
                         3.3.1.   Bargaining power of suppliers
                         3.3.2.   Threat of new entrants
                         3.3.3.   Threat of substitutes
                         3.3.4.   Competitive rivalry
                         3.3.5.   Bargaining power among buyers
              3.4.    MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING
              3.5.    MARKET DYNAMICS
                       3.5.1.     Drivers
                       3.5.2.     Restraints
                       3.5.3.     Opportunities
CHAPTER 4:   4G EQUIPMENT MARKET BY COMPONENT
              4.1.    OVERVIEW
              4.2.     INFRASTRUCTURE EQUIPMENT
                         4.2.1.   Key market trends, Growth factors and opportunities
                         4.2.2.   Market size and forecast by region
                         4.2.3.   Market analysis by country
              4.3.     TESTING EQUIPMENT
                         4.3.1.   Key market trends, Growth factors and opportunities
                         4.3.2.   Market size and forecast by region
                         4.3.3.   Market analysis by country
CHAPTER 5:   4G EQUIPMENT MARKET BY TECHNOLOGY
              5.1.    OVERVIEW
              5.2.     LTE
                         5.2.1.   Key market trends, Growth factors and opportunities
                         5.2.2.    TD-LTE
                         5.2.3.    FDD-LTE
                         5.2.4.    LTE-A
                         5.2.5.   Market size and forecast by region
                         5.2.6.   Market analysis by country
              5.3.     WI-MAX
                         5.3.1.   Key market trends, Growth factors and opportunities
                         5.3.2.   Market size and forecast by region
                         5.3.3.   Market analysis by country
CHAPTER 6:    4G EQUIPMENT MARKET BY REGION
              6.1.    OVERVIEW
              6.2.   NORTH AMERICA
                        6.2.1.   Key market trends and opportunities
                        6.2.2.   Market size and forecast by Component
                        6.2.3.   Market size and forecast by Technology
                        6.2.4.   Market size and forecast by Country
                        6.2.5.   U.S. 4G EQUIPMENT MARKET
                                      6.2.5.1.   Market size and forecast by Component
                                      6.2.5.2.   Market size and forecast by Technology
                        6.2.6.    CANADA 4G EQUIPMENT MARKET
                                      6.2.6.1.   Market size and forecast by Component
                                      6.2.6.2.   Market size and forecast by Technology
              6.3.   EUROPE
                        6.3.1.   Key market trends and opportunities
                        6.3.2.   Market size and forecast by Component
                        6.3.3.   Market size and forecast by Technology
                        6.3.4.   Market size and forecast by Country
                        6.3.5.   GERMANY 4G EQUIPMENT MARKET
                                      6.3.5.1.   Market size and forecast by Component
                                      6.3.5.2.   Market size and forecast by Technology
                        6.3.6.    FRANCE 4G EQUIPMENT MARKET
                                      6.3.6.1.   Market size and forecast by Component
                                      6.3.6.2.   Market size and forecast by Technology
                        6.3.7.    U.K. 4G EQUIPMENT MARKET
                                      6.3.7.1.   Market size and forecast by Component
                                      6.3.7.2.   Market size and forecast by Technology
                        6.3.8.    REST OF EUROPE 4G EQUIPMENT MARKET
                                      6.3.8.1.   Market size and forecast by Component
                                      6.3.8.2.   Market size and forecast by Technology
              6.4.   ASIA PACIFIC
                        6.4.1.   Key market trends and opportunities
                        6.4.2.   Market size and forecast by Component
                        6.4.3.   Market size and forecast by Technology
                        6.4.4.   Market size and forecast by Country
                        6.4.5.   CHINA 4G EQUIPMENT MARKET
                                      6.4.5.1.   Market size and forecast by Component
                                      6.4.5.2.   Market size and forecast by Technology
                        6.4.6.    INDIA 4G EQUIPMENT MARKET
                                      6.4.6.1.   Market size and forecast by Component
                                      6.4.6.2.   Market size and forecast by Technology
                        6.4.7.    JAPAN 4G EQUIPMENT MARKET
                                      6.4.7.1.   Market size and forecast by Component
                                      6.4.7.2.   Market size and forecast by Technology
                        6.4.8.    REST OF ASIA PACIFIC 4G EQUIPMENT MARKET
                                      6.4.8.1.   Market size and forecast by Component
                                      6.4.8.2.   Market size and forecast by Technology
              6.5.   LAMEA
                        6.5.1.   Key market trends and opportunities
                        6.5.2.   Market size and forecast by Component
                        6.5.3.   Market size and forecast by Technology
                        6.5.4.   Market size and forecast by Country
                        6.5.5.   LATIN AMERICA 4G EQUIPMENT MARKET
                                      6.5.5.1.   Market size and forecast by Component
                                      6.5.5.2.   Market size and forecast by Technology
                        6.5.6.    MIDDLE EAST 4G EQUIPMENT MARKET
                                      6.5.6.1.   Market size and forecast by Component
                                      6.5.6.2.   Market size and forecast by Technology
                        6.5.7.    AFRICA 4G EQUIPMENT MARKET
                                      6.5.7.1.   Market size and forecast by Component
                                      6.5.7.2.   Market size and forecast by Technology

LIST OF TABLES

TABLE 1.    GLOBAL 4G EQUIPMENT MARKET, BY COMPONENT 2018-2026 ($MILLION)
TABLE 2.    4G EQUIPMENT MARKET FOR INFRASTRUCTURE EQUIPMENT, BY REGION,  2018-2026 ($MILLION)
TABLE 3.    4G EQUIPMENT MARKET FOR TESTING EQUIPMENT, BY REGION,  2018-2026 ($MILLION)
TABLE 4.    GLOBAL 4G EQUIPMENT MARKET, BY TECHNOLOGY 2018-2026 ($MILLION)
TABLE 5.    4G EQUIPMENT MARKET FOR LTE, BY REGION,  2018-2026 ($MILLION)
TABLE 6.    4G EQUIPMENT MARKET FOR TD-LTE, BY REGION,  2018-2026 ($MILLION)
TABLE 7.    4G EQUIPMENT MARKET FOR  FDD-LTE , BY REGION,  2018-2026 ($MILLION)
TABLE 8.    4G EQUIPMENT MARKET FOR  LTE-A, BY REGION,  2018-2026 ($MILLION)
TABLE 9.    4G EQUIPMENT MARKET FOR WI-MAX, BY REGION,  2018-2026 ($MILLION)
TABLE 10.    4G EQUIPMENT MARKET FOR ,BY REGION, , 2018-2026 ($MILLION)
TABLE 11.    NORTH AMERICA 4G EQUIPMENT, BY COMPONENT 2018-2026 ($MILLION)
TABLE 12.    NORTH AMERICA 4G EQUIPMENT, BY TECHNOLOGY 2018-2026 ($MILLION)
TABLE 13.    NORTH AMERICA 4G EQUIPMENT,BY REGION,  2018-2026 ($MILLION)
TABLE 14.    EUROPE 4G EQUIPMENT, BY COMPONENT 2018-2026 ($MILLION)
TABLE 15.    EUROPE 4G EQUIPMENT, BY TECHNOLOGY 2018-2026 ($MILLION)
TABLE 16.    EUROPE 4G EQUIPMENT,BY REGION,  2018-2026 ($MILLION)
TABLE 17.    ASIA PACIFIC 4G EQUIPMENT, BY COMPONENT 2018-2026 ($MILLION)
TABLE 18.    ASIA PACIFIC 4G EQUIPMENT, BY TECHNOLOGY 2018-2026 ($MILLION)
TABLE 19.    ASIA PACIFIC 4G EQUIPMENT,BY REGION,  2018-2026 ($MILLION)
TABLE 20.    LAMEA 4G EQUIPMENT, BY COMPONENT 2018-2026 ($MILLION)
TABLE 21.    LAMEA 4G EQUIPMENT, BY TECHNOLOGY 2018-2026 ($MILLION)
TABLE 22.    LAMEA 4G EQUIPMENT,BY REGION,  2018-2026 ($MILLION)
TABLE 23.    HUAWEI TECHNOLOGIES CO. LTD.: COMPANY SNAPSHOT
TABLE 24.    HUAWEI TECHNOLOGIES CO. LTD.: OPERATING SEGMENTS
TABLE 25.    NOKIA CORPORATION: COMPANY SNAPSHOT
TABLE 26.    NOKIA CORPORATION: OPERATING SEGMENTS
TABLE 27.    TELEFONAKTIEBOLAGET LM ERICSSON: COMPANY SNAPSHOT
TABLE 28.    TELEFONAKTIEBOLAGET LM ERICSSON: OPERATING SEGMENTS
TABLE 29.    ZTE CORPORATION: COMPANY SNAPSHOT
TABLE 30.    ZTE CORPORATION: OPERATING SEGMENTS
TABLE 31.    SAMSUNG ELECTRONICS CO. LTD.: COMPANY SNAPSHOT
TABLE 32.    SAMSUNG ELECTRONICS CO. LTD.: OPERATING SEGMENTS
TABLE 33.    CISCO SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 34.    CISCO SYSTEMS, INC.: OPERATING SEGMENTS
TABLE 35.    NEC CORPORATION: COMPANY SNAPSHOT
TABLE 36.    NEC CORPORATION: OPERATING SEGMENTS
TABLE 37.    MOTOROLA SOLUTIONS, INC.: COMPANY SNAPSHOT
TABLE 38.    MOTOROLA SOLUTIONS, INC.: OPERATING SEGMENTS
TABLE 39.    AIRSPAN NETWORKS INC.: COMPANY SNAPSHOT
TABLE 40.    AIRSPAN NETWORKS INC.: OPERATING SEGMENTS
TABLE 41.    FUJITSU LIMITED: COMPANY SNAPSHOT
TABLE 42.    FUJITSU LIMITED: OPERATING SEGMENTS 

LIST OF FIGURES

FIGURE 1.    GLOBAL 4G EQUIPMENT MARKET SEGMENTATION
FIGURE 2.    TOP INVESTMENT POCKET
FIGURE 3.    TOP WINNING STRATEGIES (%)
FIGURE 4.    4G EQUIPMENT MARKET FOR INFRASTRUCTURE EQUIPMENT, 2018-2026 ($MILLION)
FIGURE 5.    4G EQUIPMENT MARKET FOR TESTING EQUIPMENT, 2018-2026 ($MILLION)
FIGURE 6.    4G EQUIPMENT MARKET FOR LTE, 2018-2026 ($MILLION)
FIGURE 7.    4G EQUIPMENT MARKET FOR WI-MAX, 2018-2026 ($MILLION)
FIGURE 8.    GLOBAL 4G EQUIPMENT, BY REGION,  2018 (%)
FIGURE 9.    U.S. 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 10.    CANADA 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 11.    GERMANY 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 12.    FRANCE 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 13.    U.K. 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 14.    REST OF EUROPE 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 15.    CHINA 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 16.    INDIA 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 17.    JAPAN 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 18.    REST OF ASIA PACIFIC 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 19.    LATIN AMERICA 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 20.    MIDDLE EAST 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)
FIGURE 21.    AFRICA 4G EQUIPMENT MARKET, 2018-2026 ($MILLION)

 
 

4G technology is evolving rapidly and provides enhanced network connectivity. Despite this, connectivity is still a major issue in rural areas of many developing countries such as India, Philippines, Indonesia, and China. Thus, need for strong 4G internet connectivity and equipment provides an opportunity for the market growth in these countries. Moreover, emergence of new social media platforms and applications, and increase in trend of Video on Demand (VoD) services is fueling the growth of network traffic; thereby boosting the demand for the 4G equipment market. In addition, wireless broadband companies and carriers have already started launching their own 4G multimedia services worldwide, which is further driving the revenue for service providers, thus driving the market growth for 4G equipment. Furthermore, growing competition among competitors to provide better service to their customers is also anticipated to fuel the market growth in the coming years.

The global 4G equipment market is dominated by key players such as Airspan Networks Inc., Cisco, Fujitsu Limited, Huawei Technologies Co. Ltd., Motorola Solutions, Inc., NEC Corporation, Nokia Corporation, Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corporation, and others. The key players have adopted various growth strategies to enhance and develop their product portfolio, strengthen their 4G equipment market share, and increase their market penetration. For instance, in April 2019, Bharti Airtel (Airtel), India’s leading telecommunications services provider announced an agreement with Ericsson to expand its VoLTE services in India. The agreement is expected to result in Ericsson Cloud VoLTE solution deployment, a solution to deliver VoLTE services onto the customer data center. Moreover, in July 2019, Huawei won a tender to construct the 4G network in Kyiv’s subway stations, through which Fujitsu is expanding its business in Ukraine.
 

 

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"4G Equipment Market"
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