Global TD-LTE Ecosystem Market is Expected to Grow CAGR of 24.4% during the Forecast Period 2017-2025

Posted on 2017-11-03 by Mark Hub in Technology // 0 Comments

Albany, US, 2017-Nov-03 — /EPR Network/ —The demand in the TD-LTE ecosystem market is boosted due to the increasing smartphone penetration and the increasing social media use across the globe. This is responsible for the greater demand of internet at a high speed, which in turn boosts the demand for TD-LTE market.

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Providing a service at a reasonable cost, flexibility and efficient technology are the other reasons responsible for the growth of TD-LTE market. However, the complex technology involved and the high costs associated with this technology are major restraints hampering the growth of TD-LTE market. 4G mobile communication technology is the basis of Long Term Evolution technology, which is based on GSM. LTE technology is used for enhancing the capacity of sectors and to decrease user planer latency. TD-LTE ecosystem market is fueled by large-scale adoption of this technology in the Asia Pacific region. Due to the absence of digital dividend spectrum in this region, there is an incentive to use 4G LTE technology. Mobile broadband is flourishing in the Asia Pacific and is becoming the standard through which internet is accessed in this region. Mobile data is being largely used in Asia Pacific and there is increased amount of investment in this sector coupled with innovations in the mobile ecosystem. Content and service providers are churning out more applications and content, mobile operators are giving attractive data plans and enhanced connectivity and mobile handset manufacturers are doling out data ready handsets. All these factors are directly or indirectly helping in the adoption of TD-LTE technology. To offer an enhanced perspective on the TD-LTE ecosystem market, the Market Research Reports Search Engine (MRRSE) has included a new report in its database named ‘TD-LTE Ecosystem Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025’.

Global Market Forecast

The global TD-LTE ecosystem market was valued at US$ 40.80 Bn in the year 2016 and is projected to touch a value of US$ 264 Bn by the end of the year 2025, registering an impressive 24.4% CAGR over the forecast period.

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Segmental Forecast

By equipment, global TD-LTE ecosystem market has been divided into small cells and macro cells. In the year 2016, maximum demand was fulfilled by macro cells, and this is a consequence of the increasing penetration and utilization of smartphones, both in cities and villages. This trend is predicted to continue, as the signs of the popularity and increasing adoption of smartphones seems not to be waning. Based on device type, global TD-LTE ecosystem market is divided into tablets, PCs, smartphones, routers and notebooks. Notebooks sub-segment is forecasted to have the biggest revenue share during the period of assessment. Notebooks are used increasingly in the corporate sector, retail, healthcare sector and even for domestic purposes. A small size of notebooks coupled with technical inventions is increasing the demand for notebooks, which consequently is driving the TD-LTE ecosystem market.

Regional Forecast

North America is the most lucrative market for TD-LTE ecosystem and is forecasted to maintain this position throughout the period of assessment. Main reasons for this are the increasing technological innovations and great wireless infrastructure in developed countries like United States and Canada. In the year 2016, Europe was trailing North America in terms of market revenue. However, it is Asia Pacific that will exhibit the maximum CAGR growth due to the vast population of the region, location of two prominent and emerging economies of China and India and a huge investment in mobile related infrastructure. In the year 2016, China was the biggest market in the Asia Pacific region.

Competition Landscape

This report profiles some the leading companies based in the worldwide TD-LTE ecosystem market such as Broadcom Corporation, Samsung Electronics Co. Ltd., Qualcomm Inc., Huawei Technologies Co. Ltd., MediaTek, Inc., Nokia, Spreadtrum Communications Inc., AT&T, Inc., Ericsson, and ZTE Corporation.

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