Global LTE advanced pro market valuation to cross USD 76.6
Selbyville, Delaware, May 11, 2021 (GLOBE NEWSWIRE) – According to estimates by experts, a global LTE advanced professional market the amount is estimated at $ 15.6 billion in 2019 and is expected to register a whopping 121.6% CAGR to accumulate $ 76.6 billion by 2027. LTE Advanced Pro is penetrating a wide range of industries and facilitates new features in smartphones while integrating IoT and automotive, which stimulates market prospects.
The report examines the main drivers of growth that add traction to market growth, while identifying constraints prevailing in the business world. It also provides readers with vital information about the investment opportunities available in micro-markets. In addition, a national overview of the regional markets is presented, together with the revenue share held by each site. There is also a critical analysis of the major market players, along with product profiling.
For unversioned LTE Advanced Pro (3GPP Release 13+) is the next generation cellular standard and supports LTE Advanced network technology. It focuses mainly on increased network capacity and offers peak data rates, with an uplink of 1.5 Gbps and 3 Gbps down.
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LTE Advance Pro also includes several new technologies related to 5G, such as LTE IoT, LTE-unlicensed, massive MIMO and 256-QAM (quadrature amplitude modulation).
Growing demand for improved connectivity, network coverage and reduced latency, along with increasing data traffic due to the widespread penetration of smartphones, are also stimulating the development of LTE advanced professional markets.
Despite the profitable return, factors such as technical uncertainty, as well as improved capabilities of wave interface technologies are hampering market growth in the 2020-2027 forecast period.
Structure of market fragmentation:
Based on the communication infrastructure, the market is classified into small cell equipment, macrocells, DAS (distributed antenna system) and RAN (radio access network). Through core network technology, the industry has network function virtualization (NFV) and software-defined network (SDN).
In addition, the scientific literature divides the location of deployment in rural areas, highways, SMEs, urban areas, large enterprises, residential areas, public spaces and others.
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Industry experts say North America is the best region in terms of maintaining market share at the moment, due to the increased deployment of LTE advanced professional applications, as well as the presence of a significant number of suppliers in the region.
On the other hand, the Asia-Pacific market is expected to grow significantly over the forecast period due to the growing adoption of smartphones and other smart devices, combined with the growing volume of mobile data traffic in emerging economies.
Global LTE Advanced Pro Market through Communication Infrastructure (Revenue, Billions of USD, 2017-2027)
- A small cell
- Macro cell
- DAS (Distributed Antenna System)
- RAN (Radio Access Network) equipment
Global LTE Advanced Pro Market by Core Network Technology (Revenue, Billions of USD, 2017-2027)
- Network Functional Virtualization (NFV)
- Software Defined Network (SDN)
Global LTE Advanced Pro Market by Location Location (Revenue, Billions of USD, 2017-2027)
- Rural areas
- Urban parts
- Large enterprises
- Residential areas
- Public spaces
Global LTE Advanced Pro Geographic Market (Revenue, Billions of USD, 2017-2027)
- Great Britain
- South Korea
The rest of the world
Global LTE Advanced Pro Market by Competitive Range (Revenue, Billions of USD, 2017-2027)
- NEC Corporation
- Samsung Group
- ZTE Corporation
- Huawei Technologies Co. Ltd.
- Siena Corporation
- Cavium Inc.
- Qualcomm Inc.
- Intel Corporation
- Cisco Systems Inc.
Chapter 1. Summary
1.1. Photo of the market
1.2. Forecasts and forecasts for the global and segment market, 2018-2027 (billion USD)
1.2.1. LTE Advanced Pro Market, by Region, 2018-2027 (billion USD)
1.2.2. LTE Advanced Pro Market, from Communication Infrastructure, 2018-2027 (billion USD)
1.2.3. LTE Advanced Pro Market, by Core Network Technology, 2018-2027 (billion USD)
1.2.4. LTE Advanced Pro Market, by location, 2018-2027 (billion USD)
1.3. Main trends
1.4. Evaluation methodology
1.5. Research premise
Chapter 2. Global LTE Advanced Pro Market Definition and Scope
2.1. Purpose of the study
2.2. Definition and scope of the market
2.2.1. Scope of the study
2.2.2. Industrial evolution
2.3. Years considered for the study
2.4. Exchange rates
Chapter 3. Global LTE Advanced Pro Market Dynamics
3.1. LTE Advanced Pro Market Impact Analysis (2018-2027)
3.1.1. Engines on the market
3.1.2. Market challenges
3.1.3. Market opportunities
Chapter 4. Global LTE Advanced Pro Market: Industry Analysis
4.1. Porter’s Model 5 forter
4.1.1. Market power of suppliers
4.1.2. Buyers’ market power
4.1.3. Threat from new entrants
4.1.4. Threat of substitutes
4.1.5. Competitive rivalry
4.1.6. A futuristic approach to Porter’s 5 forces model (2017-2027)
4.2. PEST analysis
4.3. Investment acceptance model
4.4. Analyzer recommendation and conclusion
Chapter 5. Global LTE Advanced Pro Market, through communication infrastructure
5.1. Photo of the market
5.2. Global LTE Advanced Pro market through communication infrastructure, performance – potential analysis
5.3. Global LTE Advanced Pro market assessments and forecasts for communication infrastructure 2017-2027 (billion USD)
5.4. LTE Advanced Pro Market, Subsegment Analysis
5.4.1. A small cell
5.4.2. Macro cell
5.4.3. RAN (radio access network) Equipment
5.4.4. DAS (Distributed Antenna System)
Chapter 6. Global LTE Advanced Pro Market, by Core Network Technology
6.1. Photo of the market
6.2. Global LTE Advanced Pro market from core network technology, performance – potential analysis
6.3. Global LTE Advanced Pro market assessments and forecasts from Core Network Technology 2017-2027 (billions of USD)
6.4. LTE Advanced Pro Market, Subsegment Analysis
6.4.1. Software Defined Network (SDN)
6.4.2. Network Functional Virtualization (NFV)
Chapter 7. Global LTE Advanced Pro Market, by location
7.1. Photo of the market
7.2. Global LTE Advanced Pro Market by Location Location – Potential Analysis
7.3. Global LTE Advanced Pro Market Ratings and Location Locations 2017-2027 ($ 1 billion)
7.4. LTE Advanced Pro Market, Subsegment Analysis
7.4.1. Rural areas
7.4.2. Urban parts
7.4.4. Public spaces
7.4.5. Residential areas
7.4.7. Large enterprises
Chapter 8. Global LTE Advanced Pro market, regional analysis
Private LTE market, regional perspectives, growth potential, competitive market share and forecast, 2020 – 2026
The global private LTE market is gaining momentum and is poised to grow significantly over the next few years. The adoption of private LTE networks has increased significantly in recent years, as more and more companies are striving for efficient remote control of autonomous systems. Future trends in the industry are likely to be driven by the widespread application of LTE technology in smart city applications. Based on the components, the global private LTE industry is classified into products and services. The product segment can be further divided into infrastructure and devices. Infrastructure solutions include an evolved package kernel, eNodeB and backhaul. The backhall segment is projected to register a healthy CAGR of 15% by 2026, driven by the growing penetration of smartphones and high demand for a high-bandwidth network.
Different types of LTE devices include smartphones, IoT modules, car routers and portable terminals. Smartphones are expected to capture more than 25% of total market share in terms of revenue by 2026. This may be due to growing demand for 4G LTE.
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