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Global 4G (LTE) Devices Market 2016-2024

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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>

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