San Jose, California (PRWEB) August 22, 2013
Follow us on LinkedIn – In the coming months, GIA will complete an extensive secondary and primary research program involving some of the industry’s leading players and experts. The study will examine the key drivers and trends impacting the market such as rollout of next generation 4G LTE networks, surging demand for faster data transfer rates, increasing adoption of data hungry mobile devices and use of bandwidth intensive applications, and growing focus of mobile operators to deliver enhanced services using next-generation networks. A revolutionary development in the mobile technology space, 4G the fourth generation of mobile communication standards provides mobile ultra-broadband Internet access for mobile devices. Widespread roll out of 3G services by mobile operators and explosive adoption of smartphones and tablets by customers worldwide is resulting in a meteoric rise in the amount of data consumed. The resulting need for technology platforms capable of offering greater capacity, higher speed and enhanced reliability over the existing networks is driving demand for 4G technology, equipment and infrastructure.
Mobile service providers’ push for 4G stems largely from key characteristic features of the technology, such as, higher quality of service, efficient support for premium services and opening up of new revenue opportunities. Despite the opportunities in store, growth will also be challenged by factors such as, tough economic and financial conditions, limitations in spectrum license availability, and bottlenecks in implementing an all-IP, packet-based backhaul infrastructure demanded by 4G Mobile Networks. Other factors expected to impede adoption of 4G services among mobile subscribers include high cost of 4G capable handsets, the yet expensive 4G mobile data pricing plans, and widely prevailing confusion over the capabilities and potential advantages of the 4G technology. The inability to sift through the hype is resulting in skepticism over the benefits offered by 4G thereby impeding adoption.
The study estimates 4G Equipment/4G Technology/Infrastructure market to be a multi-million dollar market worldwide, while more precise market-size and growth projections will be made available during the 2nd stage of report preparation, and data analysis.
The research and analyses will be released shortly in the form of a comprehensive research report. The report by design, will attempt to provide exhaustive analysis, data, trends, market share, market size, statistics, forecasts and competitive intelligence. The report is modeled to offer precise and unbiased, actionable market insights including in-depth segmentation of market sub-sectors, demand estimates and projections and analysis of trends in each of the sectors, identification of leading players, and the competitive structure, among others.
The report outlines the prevailing sentiment governing adoption of 4G networks, while simultaneously providing futuristic reviews over the technology’s ability to transform the entire mobile ecosystem. Developed for mobile network operators, 4G equipment and infrastructure vendors and technology domain experts, among others, the report helps identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
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