4G (LTE) Devices Market is Expected to Reach US$ 926.1 Bn by 2024 | Seite 2
R e s e a r c h
Report Media Releases
Global 4G (LTE) Devices Market Value to Increase from
US$ 344.8 Bn in 2016 to US$ 926.1 Bn by 2024; Asia Pacific
Regional Market to Register a CAGR of 17.1% between
2016 and 2024
Persistence Market Research delivers key insights on the global 4G (LTE) devices market in
a new publication titled “Global Market Study on 4G (LTE) Devices: Single Brand Store
M a r k e t
Distribution Channel Segment Expected to Witness Significant Growth Between 2016 and
2024” In terms of value, the global 4G (LTE) devices market is projected to register a healthy
CAGR of 13.1% during the forecast period owing to various factors, regarding which Persistence
Market Research offers vital insights in detail.
Consumers are increasingly becoming inclined towards technological advancements in
networking solutions and are adopting devices that operate smoothly and with intelligent
features. The features in devices such as low network latency rate, better battery backup, and
screen resolution are attracting consumers to switch to 4G (LTE) devices thus fueling the
demand for 4G (LTE) devices worldwide. Convenience, affordability, and attractive data
P e r s i s t e n c e
packages offered by network operators in collaboration with device manufacturers are factors
encouraging consumers to try 4G (LTE) devices. This, in turn, is increasing the penetration of 4G
(LTE) devices globally.
Browse Complete Report @ http://www.persistencemarketresearch.com/market-
research/4g-lte-devices-market.asp
Device manufacturers at international and domestic levels are playing an important role in the
global 4G (LTE) devices market by innovating in different ways. For instance, manufacturers are
collaborating with network providers to provide a better service and make it more affordable for
their customers. Government initiatives in some regions to encourage deployment of advanced
network data consumption is impacting the global 4G (LTE) devices market positively. Traffic for
online high-quality video content is increasing, making consumers opt for advanced network
operating devices featuring high-speed data. Besides other factors, increasing data consumption
per person per day is anticipated to drive revenue growth of the global 4G (LTE) devices market.
Global Global 4G (LTE) Devices Market 2016-2024