Global 4G (LTE) Devices Market 2016-2024
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<strong>Global</strong> <strong>Market</strong> Study on <strong>4G</strong> (<strong>LTE</strong>) <strong>Devices</strong>: Single<br />
Store Brand Distribution Channel Segment<br />
Expected to Witness Significant Growth between<br />
<strong>2016</strong> and <strong>2024</strong>
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Report Media Releases<br />
<strong>Global</strong> <strong>4G</strong> (<strong>LTE</strong>) <strong>Devices</strong> <strong>Market</strong> Value to Increase from<br />
US$ 344.8 Bn in <strong>2016</strong> to US$ 926.1 Bn by <strong>2024</strong>; Asia Pacific<br />
Regional <strong>Market</strong> to Register a CAGR of 17.1% between<br />
<strong>2016</strong> and <strong>2024</strong><br />
Persistence <strong>Market</strong> Research delivers key insights on the global <strong>4G</strong> (<strong>LTE</strong>) devices market in<br />
a new publication titled “<strong>Global</strong> <strong>Market</strong> Study on <strong>4G</strong> (<strong>LTE</strong>) <strong>Devices</strong>: Single Brand Store<br />
Distribution Channel Segment Expected to Witness Significant Growth Between <strong>2016</strong> and<br />
<strong>2024</strong>” In terms of value, the global <strong>4G</strong> (<strong>LTE</strong>) devices market is projected to register a healthy<br />
CAGR of 13.1% during the forecast period owing to various factors, regarding which Persistence<br />
<strong>Market</strong> Research offers vital insights in detail.<br />
Consumers are increasingly becoming inclined towards technological advancements in<br />
networking solutions and are adopting devices that operate smoothly and with intelligent<br />
features. The features in devices such as low network latency rate, better battery backup, and<br />
screen resolution are attracting consumers to switch to <strong>4G</strong> (<strong>LTE</strong>) devices thus fueling the<br />
demand for <strong>4G</strong> (<strong>LTE</strong>) devices worldwide. Convenience, affordability, and attractive data<br />
packages offered by network operators in collaboration with device manufacturers are factors<br />
encouraging consumers to try <strong>4G</strong> (<strong>LTE</strong>) devices. This, in turn, is increasing the penetration of <strong>4G</strong><br />
(<strong>LTE</strong>) devices globally.<br />
Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/4g-lte-devices-market.asp<br />
Device manufacturers at international and domestic levels are playing an important role in the<br />
global <strong>4G</strong> (<strong>LTE</strong>) devices market by innovating in different ways. For instance, manufacturers are<br />
collaborating with network providers to provide a better service and make it more affordable for<br />
their customers. Government initiatives in some regions to encourage deployment of advanced<br />
network data consumption is impacting the global <strong>4G</strong> (<strong>LTE</strong>) devices market positively. Traffic for<br />
online high-quality video content is increasing, making consumers opt for advanced network<br />
operating devices featuring high-speed data. Besides other factors, increasing data consumption<br />
per person per day is anticipated to drive revenue growth of the global <strong>4G</strong> (<strong>LTE</strong>) devices market.<br />
<strong>Global</strong> <strong>Global</strong> <strong>4G</strong> (<strong>LTE</strong>) <strong>Devices</strong> <strong>Market</strong> <strong>2016</strong>-<strong>2024</strong>
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
The global <strong>4G</strong> (<strong>LTE</strong>) devices market is segmented on the basis of Device Type (Smartphones,<br />
Tablets); Pricing (Low, Low-Mid, Mid-High, Premium); Distribution Channel (Multi-brand Store<br />
[Organized, Independent], Single brand Store, Online); and Region (North America, Latin<br />
America, Europe, Asia-Pacific, and Middle East & Africa). <strong>Global</strong>ly, the single brand store<br />
distribution channel segment is expected to witness significant growth over the forecast period<br />
as compared to the multi-brand store and online distribution channel segments, which are<br />
expected to witness relatively flat growth rates over the forecast period. In terms of value, the low<br />
price range segment in the Asia Pacific <strong>4G</strong> (<strong>LTE</strong>) devices market accounted for 37.6% share in<br />
2015. The developing countries in this region showcase the huge potential for low-end <strong>4G</strong> (<strong>LTE</strong>)<br />
smartphones and tablets due to the advancements in network infrastructure.<br />
Download Sample Report @ http://www.persistencemarketresearch.com/samples/10466<br />
This report covers trends driving each segment and offers analysis and insights into the potential<br />
of the global <strong>4G</strong> (<strong>LTE</strong>) devices market in specific regions. The <strong>4G</strong> (<strong>LTE</strong>) devices market in Asia<br />
Pacific and North America is expected to register high growth rates between <strong>2016</strong> and <strong>2024</strong>. In<br />
terms of value, Asia Pacific is expected to create an incremental opportunity of US$ 315.0 Bn<br />
between <strong>2016</strong> and <strong>2024</strong>. Europe has a relatively small but significant market share in the global<br />
<strong>4G</strong> (<strong>LTE</strong>) devices market, as mobile device manufacturers in this region are relatively less<br />
prominent. The <strong>4G</strong> (<strong>LTE</strong>) devices market in Asia Pacific is expected to gain substantial market<br />
share owing to a high demand from consumers based in countries such as China, Indonesia,<br />
and India. The <strong>4G</strong> (<strong>LTE</strong>) devices market in Asia Pacific accounted for 35.9% market share in<br />
<strong>2016</strong> and is expected to gain 1,145 BPS to account for 47.4% market value share by <strong>2024</strong>. The<br />
<strong>4G</strong> (<strong>LTE</strong>) devices market in North America is expected to continue being the second largest<br />
market over the forecast period as there is maximum mobile device penetration in that region.<br />
Download Report Table of Content, Figures, and Tables @<br />
http://www.persistencemarketresearch.com/market-research/4g-lte-devices-market/toc<br />
The report profiles some of the leading players operating in the global <strong>4G</strong> (<strong>LTE</strong>) devices market<br />
such as Apple Inc., Samsung Electronics, ZTE Corporation, Huawei Technology Company<br />
Limited, Lenovo Group Limited, ASUSTeK Computer Inc., Xiaomi Inc., and LG Electronics Inc.<br />
Top market companies are focusing on increasing their offline presence by partnering with local<br />
retailers and are also making a swift strategic transition from 3G to <strong>4G</strong> cellular data consumption.<br />
<strong>Global</strong> <strong>Global</strong> <strong>4G</strong> (<strong>LTE</strong>) <strong>Devices</strong> <strong>Market</strong> <strong>2016</strong>-<strong>2024</strong>
P e r s i s t e n c e M a r k e t R e s e a r c h<br />
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<strong>Global</strong> <strong>Global</strong> <strong>4G</strong> (<strong>LTE</strong>) <strong>Devices</strong> <strong>Market</strong> <strong>2016</strong>-<strong>2024</strong>