Global 3G 4G Devices Market to Grow 3.55% by 2020 – Emergence of Next Generation Wireless Networks – Research and Markets

DUBLIN, June 15, 2016 /PRNewswire/ —

Research and Markets has announced the addition of the “Global 3G 4G Devices Market 2016-2020” report to their offering.

The global 3G/4G devices market is forecast to grow at a CAGR of 3.55% by revenue during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend which will boost market growth is the emergence of next generation wireless networks. Currently, network traffic is growing exponentially because of the increased popularity of mobile communication devices. This is leading to continued global deployment of next-generation wireless networks such as 3G, 4G, and 5G. These technologies offer wireless connection equivalent to home broadband connections. This, in turn, increases the number of users accessing internet from anywhere at any time.

According to the report, a key growth driver is the shutting down of 2G connectivity. High speed 3G/4G internet services are becoming readily available worldwide. On an average, the data speed of a 4G connection is 10 times more than a 3G data speed. High speed internet connectivity leads to faster web browsing, faster streaming of videos, and better performance of GPS.

Further, the report states that one challenge that could restrict market growth is handset compatibility with country-specific bandwidth.

Key vendors:

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/msrtkl/global_3g_4g

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SOURCE Research and Markets

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