TechNavio recognizes the following companies as the key players in the Global 4G Equipment Market: Ericsson Inc., Alcatel-Lucent, Nokia Siemens Networks, and Huawei Technologies Co. Ltd.
Commenting on the report, an analyst from TechNavio’s Telecom team said: “One of the major trends in the Global 4G Equipment market is the increasing investment in China. China is expected to be a potential market for 4G equipment because all the major service providers in China such as China Telecom and China Unicom are investing heavily in LTE networks. Moreover, the Chinese government is providing subsidies to service providers as well as equipment manufacturers, thereby further boosting market growth. The leading Chinese vendors such as Huawei and ZTE are growing at a rapid pace and are expected to challenge global players such as Ericsson in the future.”
According to the report, one of the major drivers is the exponential growth of network traffic. Consumers across the world have been increasingly using bandwidth-intensive services such as video streaming and mobile internet games, which require highly efficient network services. Since 4G networks are highly scalable, they facilitate improved network efficiency.
Further, the report states that one of the key challenges is the growing concern about security and privacy. 4G networks transmit diverse types of data, which can be accessed by several devices simultaneously by using routers. This makes 4G wireless networks comparatively unsafe because they are prone to security threats and hacking.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Airspan Networks Inc., Alvarion Ltd., Cisco Systems Inc., Datan Mobile Communications Equipment Co. Ltd., Fujitsu Ltd., Genband Inc., HP Co., NEC Corp., NewNet Communication Technologies, Nortel Networks Corp., Proxim Wireless Corp., Redline Communications, Samsung Group, UTStarcom Inc. and ZTE Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-4g-equipment-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom
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