Global TD-LTE Ecosystem Market: Snapshot
The demand in the global TD-LTE ecosystem market is projected to multiply at an incredible CAGR of 24.4% during the forecast period of 2017 to 2025, gaining traction from the ubiquity of smartphones and popularity of social media, which has escalated the need for high-speed Internet. Cost effectiveness, flexibility, and efficiency of the technology are some of the other factors bolstering the demand for TD-LTE ecosystem market. On the other hand, complexity of the technology and high cost of architectural changes are some of the challenges obstructing the global TD-LTE ecosystem market. The market for TD-LTE ecosystem across the globe is estimated to be worth US$264.00 bn by 2025, up from its evaluated valuation of US$40.80 bn in 2016.
Macro Cells Highly Profitable Equipment Segment
Based on equipment, the global market for TD-LTE ecosystem has been segmented into macro cells and small cells. In 2016, macro cells segment served the maximum demand, which was a reflection of increasing use of smartphones across the world, urban and rural population alike. In the near future, the pattern is expected to continue too, as there is no foreseeable limitation to the popularity of smartphones and other electronic devices that relay information to the consumers.
On the basis of device type, the global TD-LTE ecosystem market has been bifurcated into smartphones, notebooks, PCs, routers, and tablets. Notebooks is expected to account for the maximum market revenue share throughout the forecast period. Notebooks are the commonly used devices in almost all the sectors including corporate offices, healthcare, retails, and other domestic purposes. Portability and new innovations in the notebook market are the few factors creating demand of notebooks which in turn is boosting the need of TD-LTE ecosystem market. Application-wise, the TD-LTE ecosystem market has been classified into banking institutes, healthcare, retail, and personal uses.
North America Highly Lucrative Region
Geographically, the report takes stock of the potential of the TD-LTE ecosystem market in the regions of North America, Asia Pacific, Europe, The Middle East and Africa (MEA), and Latin America. In the current scenario, North America is the most profitable region for the vendors operating in the TD-LTE ecosystem market, and is expected to remain so for the whole duration of the forecast period, which is 2017 to 2025. Some of the key factors driving the North America TD-LTE ecosystem market are increasing technological advancements and efficient wireless infrastructures in the developed countries of the U.S. and Canada. The U.S. generates the maximum market revenue among all country-wide markets, due to the increasing new LTE based services as well as the increasing sales of smartphones and wearable devices.
In 2016, Europe posed the second most prominent chunk of market revenue in the global TD-LTE ecosystem market, gaining traction from up-gradation of existing wireless infrastructure in various countries such as Germany, The U.K., France, and Italy. However, Asia Pacific is projected for the most prominent CAGR. The region is vastly populated, houses two of the most promising emerging economies in India and China, and investments in mobile network infrastructure have escalated exponentially in the recent past. China provided maximum market revenue in Asia Pacific region in 2016.
Some of the key companies currently operating in the global TD-LTE ecosystem market are: Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd., Ericsson, Nokia, AT&T, Inc., Qualcomm Inc., ZTE Corporation, MediaTek, Inc., Spreadtrum Communications Inc., and Broadcom Corporation.
Global TD-LTE Ecosystem Market: Overview
Long Term Evolution denotes fourth generation (4G) mobile communication technology, that is based on GSM (Global System for Mobile Communication) or Enhanced Data Rates for GSM Evolution and Universal Mobile Telecommunications System or High Speed Packet Access technologies. At present, majority of LTE technology is centered on frequency division duplex or FDD-LTE. FDD-LTE uses dual bands i.e. one for downlink and the other for uplink operations, also recognized as paired spectrum allocation. The FDD-LTE is intended to decrease user planar latency, advance throughputs, and enhance the capacity of sectors. However, the increasing demand for faster technology has steered the growth of time division duplex (TDD) LTE.
Global TD-LTE Ecosystem Market: Trends and Opportunities
Increasing demand for Internet of Things is an important trend in the global market. In the mobile ecosystem, Internet of Things (IoT) is the subsequent revolution. IoT services are expected to be an important driver for additional progress in the cellular market. Cellular IoT is likely to offer various services comprising vending machines, utility meters, automotive (smart traffic, fleet management, real time traffic information, security reporting and monitoring), medical alerting, and metering. At present, devices like GPS navigation aids, e-book readers, and digital cameras are connected to the internet. Presently, LTE supports IoT with Cat.1 devices, whereas LTE-Advanced prolongs device battery life up to ten years with a power saving mode. LTE-Advanced Pro optimizes device battery costs and life, and coverage as well as capability for a large number of connected devices with the introduction of two new technologies - NB-IoT (Narrow Band Internet of Things) and enhanced Machine Type Communication, often referred to as LTE-M.
The TD-LTE ecosystem market is primarily driven by the large scale adoption of LTE in Asia Pacific region. In Asian countries, regulatory bodies are directing to tackle the absence of digital dividend spectrum to fuel 4G LTE adoption. In the Asia Pacific region, mobile broadband is thriving and is significantly becoming the standard channel for accessing the internet. The growth in mobile data is primarily fuelled by the increasing investment and innovations across the overall mobile ecosystem that includes content and service providers offering content and applications; mobile operators offering data services and connectivity; device manufacturers offering data ready handsets; and enablers offering support services.
Advancement in wireless infrastructure is likely to create opportunities in the global TD-LTE ecosystem market. Various standardization bodies are developing higher frequencies and higher data rates having shorter transmission ranges. Early use of some technologies like 802.11ac assures a Gigabit per second from a single access point. Moreover, LTE-A is leading a path out to full mobile broadband incorporated with smart spectrum reuse and direct local communications between devices is enabling the bandwidth crunch. Advancement in wireless infrastructure has set the stage for the upcoming 5G technology standards development. 5G is not yet open for use by anyone since it is still under development. However, most companies have started creating 5G products and field testing them. This is likely to create ample opportunities in the global market during the forecast period.
Global TD-LTE Ecosystem Market: Segmentation
On the basis of equipment, the market has been bifurcated into macro cells and small cells. Based on device type the market has been segmented into notebooks, PCs, routers, smartphones, tablets and others. In terms of application the market is segmented into healthcare, retail, banking institutes, personal uses and others. Moreover, based on geography the market segmentation encompasses North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global TD-LTE Ecosystem Market: Competitive Landscape
Some of the key companies leading the global TD-LTE ecosystem market comprises Huawei Technologies Co. Ltd.(China), Telefonaktiebolaget L. M. Ericsson (Sweden), Nokia (Finland), AT&T, Inc.(U.S.), Samsung Electronics Co., Ltd.(South Korea), ZTE Corporation (China), MediaTek, Inc.(Taiwan), Qualcomm Inc.(U.S.), Broadcom Corporation (U.S.), Spreadtrum Communications Inc. (China).
The market has been segmented as follows:
TD-LTE Ecosystem Market, by Equipment:
- Macro Cells
- Small Cells
TD-LTE Ecosystem Market, by Devices:
TD-LTE Ecosystem Market, by Application:
- Banking Institutes
- Personal Uses
TD-LTE Ecosystem Market, by Geography:
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East and Africa
- Latin America
- Rest of Latin America