Global 4G Infrastructure Equipment Market Outlook 2024, Forecast To 2033
8 Jan, 2024
The 4G infrastructure equipment market has exhibited strong growth, increasing from $62.37 billion in 2023 to $66.83 billion in 2024, reflecting a CAGR of 7.1% during the historical period. This growth is attributed to increased mobile data usage, internet proliferation, the smartphone revolution, consumer demand for speed, and overall telecom industry growth. The market is expected to sustain strong growth, reaching $88.09 billion in 2028, with a CAGR of 7.1%. Factors contributing to this growth include the transition to 5G, rising data demands, network upgrades and expansion, IoT integration, and enhanced coverage and connectivity. Major trends in the forecast period encompass network virtualization, small cell deployments, network security upgrades, increased carrier aggregation, and advanced antenna technologies.
Global 4G Infrastructure Equipment Market Key Driver
The growth of the 4G infrastructure equipment market is propelled by the significant increase in network traffic. The global number of internet users is projected to reach 4.8 billion by 2022, contributing to a 36% growth in mobile network data traffic from Q1 2022 to Q1 2023. Emerging social media platforms and applications like Augmented Reality (AR) and Virtual Reality (VR) further intensify network traffic. To accommodate this surge, telecom operators expand their 4G infrastructure equipment, fostering the growth of the 4G infrastructure equipment market.
Get A Free Sample Of The Global 4G Infrastructure Equipment Market ReportGlobal 4G Infrastructure Equipment Market Segments
The 4g infrastructure equipment market covered in this report is segmented –
1) By Type: Small Cell, Macro Cell, Distributed Antenna System (DAS), Other Types
2) By Product: Time division (TD) LTE, Frequency-Division Duplexing LTE, LTE A
3) By Application: Logistics, E-Commerce, Virtual Presence, Crisis Management, Tele Medicine And Geo Processing, Other Applications
By Geography: The regions covered in the 4g infrastructure equipment market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
Asia-Pacific was the largest region in the 4G infrastructure equipment market in 2023. Western Europe was the second largest region in the 4G infrastructure equipment market. The regions covered in the 4g infrastructure equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major 4G Infrastructure Equipment Industry Players
Airspan Networks Inc., Cisco Systems Inc., Fujitsu Limited, Huawei Technologies Co. Ltd., Motorola Solutions Inc., Nokia Corporation, ZTE Corporation, Nortel Networks Corporation, Alvarion Technologies Ltd., Telefonaktiebolaget LM Ericsson, Datang Mobile Communications Equipment Co. Ltd., Nokia Siemens Networks GmbH & Co. KG, Samsung Electronics Co. Ltd., Altiostar Networks Inc., Altran Technologies SA, Check Point Software Technologies Ltd., Ciena Corporation, Lumentum Operations LLC, Acacia Communications Inc., Ciena Communications Inc., Finisar Corporation, Juniper Networks Inc., Infinera Corporation, NEC Corporation, Qualcomm Technologies Inc., Telit Communications PLC, T-Mobile US Inc., Verizon Communications Inc., AT&T Inc., China Mobile Limited, China Telecom Corporation Limited, China United Network Communications Group Co. Ltd., Deutsche Telekom AG, Orange S.A., Vodafone Group Plc, Bharti Airtel Limited, Reliance Jio Infocomm Limited, SK Telecom Co. Ltd., KT Corporation, LG Uplus Corp.
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4G Infrastructure Equipment Market Overview
4G infrastructure equipment refers to a network of macro and small cell base stations with the advanced computing capabilities required for the functionality of the 4th generation cellular network technology standard.
4G Infrastructure Equipment Global Market Report 2023 provides data on the global 4g infrastructure equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The 4g infrastructure equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.