4G (LTE) Devices Market, by Device Type (Smartphones and Tablets), by Pricing Range (Low, Medium, and Premium), by Distribution Channel (Multi-brand Store is further sub-segmented into (Organized and Independent), Single Brand Store, and Online), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Mobile devices are portable, compact, and lightweight computing devices, featured with touch or non-touch display screen an optional mini-keyboard. Smartphone refers to an advanced version of basic mobile phone with various advanced functionality such as Ram (2GB, 3GB–4GB, 6GB, and 8GB) and Operating system such as (Android, iOS, Windows, Blackberry OS, and others (Smartphone refers to an advanced version of basic mobile phone with various advanced features)). Furthermore, tablet is also a type of mobile phone, which is larger than smartphone through smaller than laptop or computer. These devices are available at various channels include multi-brand stores, single brand stores, and online shopping platforms such as eBay, Alibaba, and Amazon.
Proliferating demand for 4G-LTE smartphones from the emerging economies such as India and China is expected to boost the market growth over the forecast period. Therefore, key manufacturers in the market are offering low-cost 4G LTE smartphones, in order to expand their consumer base. For instance, in December 2019, Xiomi Inc., introduced its new Redmi K30 series smartphone in 4G LTE and 5G variants in China.
In October 2017, Micomax Informatics, an Indian mobile handset manufacturer, entered into business agreement with telecom operator Vodafone to launch an entry-level 4G smartphone called Bharat 2 Ultra in India. Furthermore, recent technological advancements in the 4G-LTE smartphones will propel the global 4G (LTE) devices market over the forecast period. For instance, in June 2019, China based ZTE Corporation launched its first 5G smartphone ZTE Axon 10 Pro 5G in China for commercial use. However, regulatory uncertainties in certain countries are expected to hinder the global 4G (LTE) devices market over the forecast period.
This report segments the global 4G (LTE) devices market on the basis of device type, pricing range, and distribution channel. On the basis of device type, the global 4G (LTE) devices market is segmented into smartphones and tablets, On the basis of pricing range, the global 4G (LTE) devices market is segmented into low, medium and premium, On the basis of distribution channel, the global 4G (LTE) devices market is segmented into Multi-brand Store is further sub-segmented into (Organized and Independent), Single Brand Store, and Online.
Key features of the study:
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