Global LTE Advanced Pro Market (2021-2026) by Core Network Technology, Communication Infrastructure, Deployment Location, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
Introduction
The Global LTE Advanced Pro Market is estimated to be USD 6.2 Bn in 2021 and is expected to reach USD 15.4 Bn by 2026, growing at a CAGR of 20 %.
Market Dynamics
The key factor driving the Global Long-Term Evolution (LTE) Advanced Pro-Market growth rate is the increased efficiency with greater functionality connected with the LTE advanced pro. The expansion of the LTE advanced pro-market is also fuelled by the growing need for decreased latency, network coverage, and optimal connectivity. In addition, the LTE advanced pro provides greater bit rates at a lower cost, which has a favorable influence on market growth. Furthermore, the growing need for enhanced network coverage and the widespread use of new technologies and improvements by numerous businesses is propelling the LTE advanced pro demand. However, technical uncertainty in air interface waveform technologies is functioning as a key stumbling block to the expansion of LTE advanced pro.
The specific provision for IoT and backward compatibility for aiding 5G technology will further provide potential market participants in the predicted time.
Market Segmentation
The Global LTE Advanced Pro Market is segmented further based on Core Network Technology, Communication Infrastructure, Deployment Location, and Geography.
By Core Network Technology, the market is classified into Software-Defined Technology, and Network Functions Virtualization. Network Functions Virtualization segment is anticipated to grow at a higher rate.
By Communication Infrastructure, the market is classified as Small Cell, Macro Cell, RAN Equipment, and DAS. Among them, Small Cell is expected to hold the largest share of the market
By Deployment Location, the market is classified as Urban Areas, Public Areas, Rural Areas, Residential Areas, Retail Stores, Highways, Large Enterprises, Small & Medium Enterprises, and Others. Urban Areas holds the largest share of the LTE Advanced Pro market.
By Geography, North America is projected to lead the market.
Recent Developments
1. AccelerComm Announced 5G O-RAN Standards-Compliant Base Station Accelerator Based on Silicom’s N5010 Platform. – 2nd September 2021
2. NEC and O2 jointly conduct Open RAN trial. – 2nd February 2021
3. Sierra Wireless launched the AirLink RV55 LTE-Advanced Pro router to connect critical remote assets, infrastructure, mobile workforces in utility, energy, smart city, and public safety applications. – 4th February 2019
Company Profiles
Some of the companies covered in this report are Cisco, Ericsson, Huawei, Incoax Networks, Intel, Samsung Electronics, Rakon Limited, Sierra Wireless, Qualcomm, Node-H GmbH, etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global LTE Advanced Pro Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence’s Proprietary competitive positioning tool.
Report Highlights:
A complete analysis of the market, including parent industry
Important market dynamics and trends
Market segmentation
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
- 1 Report Description
- 1.1 Study Objectives
- 1.2 Market Definition
- 1.3 Currency
- 1.4 Years Considered
- 1.5 Language
- 1.6 Key Stakeholders
- 2 Research Methodology
- 2.1 Research Process
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.2.3 IGR Models
- 2.3 Market Size Estimation
- 2.3.1 Bottom-Up Approach
- 2.3.2 Top-Down Approach
- 2.4 Assumptions of the Study
- 2.5 Limitations of the Study
- 3 Executive Summary
- 3.1 Introduction
- 3.2 Market Size and Segmentation
- 3.3 Market Outlook
- 4 Market Influencers
- 4.1 Drivers
- 4.1.1 Reduced Latency and Improved Connectivity to Open Up New Growth Pathways
- 4.1.2 Growing Demand for Enhanced Network Coverage in Cost-Efficient Solutions
- 4.1.3 LTE Advanced Pro Delivers Higher Bitrates in Cost-Efficient Manner
- 4.2 Restraints
- 4.2.1 Intercell Interference
- 4.2.2 Air Interface Waveform Technologies have Technical Uncertainty
- 4.3 Opportunities
- 4.3.1 Increased Application of IoT
- 4.3.2 Backward Compatibility for 5G Technology Support
- 4.4 Challenges
- 4.4.1 Improved Performance of Alternate Technology
- 4.5 Trends
- 5 Market Analysis
- 5.1 Regulatory Scenario
- 5.2 Porter’s Five Forces Analysis
- 5.3 Impact of COVID-19
- 5.4 Ansoff Matrix Analysis
- 6 Global LTE Advanced Pro Market, By Core Network Technology
- 6.1 Introduction
- 6.2 Software-Defined Networking
- 6.3 Network Functions Virtualization
- 7 Global LTE Advanced Pro Market, By Communication Infrastructure
- 7.1 Introduction
- 7.2 Small Cell
- 7.2.1 Integrated Small Cells
- 7.2.1.1 Microcell
- 7.2.2 Standalone Small Cells
- 7.2.2.1 Picocell
- 7.2.2.2 Femtocell
- 7.3 Macro Cell
- 7.4 RAN Equipment
- 7.5 DAS
- 8 Global LTE Advanced Pro Market, By Deployment Location
- 8.1 Introduction
- 8.2 Urban Areas
- 8.3 Public Spaces
- 8.4 Rural Areas
- 8.5 Residential Areas
- 8.6 Retail Stores
- 8.7 Highways
- 8.8 Large Enterprises
- 8.9 Small & Medium Enterprises
- 8.10 Others
- 9 Global LTE Advanced Pro Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 South America
- 9.3.1 Brazil
- 9.3.2 Argentina
- 9.3.3 Chile
- 9.3.4 Colombia
- 9.4 Europe
- 9.4.1 UK
- 9.4.2 France
- 9.4.3 Germany
- 9.4.4 Italy
- 9.4.5 Spain
- 9.4.6 Netherlands
- 9.4.7 Sweden
- 9.4.8 Russia
- 9.4.9 Rest of Europe
- 9.5 Asia-Pacific
- 9.5.1 China
- 9.5.2 Japan
- 9.5.3 India
- 9.5.4 Indonesia
- 9.5.5 Malaysia
- 9.5.6 South Korea
- 9.5.7 Australia
- 9.5.8 Sri Lanka
- 9.5.9 Thailand
- 9.5.10 Rest of APAC
- 9.6 Middle-East and Africa
- 9.6.1 Qatar
- 9.6.2 Saudi Arabia
- 9.6.3 South Africa
- 9.6.4 United Arab Emirates
- 10 Competitive Landscape
- 10.1 IGR Competitive Quadrant
- 10.2 Market Share Analysis
- 10.3 Strategic Initiatives
- 10.3.1 M&A and Investments
- 10.3.2 Partnerships and Collaborations
- 10.3.3 Product Developments and Improvements
- 11 Company Profiles
- 11.1 Accelleran NV
- 11.2 Airspan Networks
- 11.3 Bharti Airtel Limited
- 11.4 Artiza Networks, Inc.
- 11.5 Cisco Systems, Inc.
- 11.6 Comba Telecom Systems
- 11.7 CommScope Inc.
- 11.8 Digi International
- 11.9 Ericsson
- 11.10 Fibocom Wireless Inc.
- 11.11 Halberd Bastion
- 11.12 Huawei Technologies Co., Ltd.
- 11.13 Intel Corporation
- 11.14 Mimosa Networks, Inc.
- 11.15 Nokia Corporation
- 11.16 Node-H GmbH
- 11.17 Qorvo, Inc.
- 11.18 Qualcomm
- 11.19 Rakon Limited
- 11.20 Sierra Wireless
- 11.21 Samsung Electronics
- 11.22 ZTE Corporation
- 12 Appendix
- 12.1 Questionnaire
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