TechNavio recognizes the following companies as the key players in Global LTE Smartphones Market: Apple Inc., LG Electronics Inc., Motorola, and Samsung Electronics Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “It is expected that all the feature phones and incumbent smartphones will become obsolete in the next six months. To counter this, vendors are focusing on introducing better versions of smartphones in terms of technology. One such technology is the usage of laser projections by virtual keypads, which is also an upcoming trend for smartphones. Therefore, the rapid technological advancements in smartphones are an emerging trend that is expected to have a positive impact on the growth of the Global LTE Smartphones market.”
According to the report, one of the main drivers in the market is the increasing demand for data services and hence for most LTE technology. In recent years, the Telecom industry has witnessed a surge in data-driven services, a trend that is likely to continue during the forecast period. Such services require higher bandwidth, greater speed, and better coverage.
Further, the report states that one of the major challenges is the overarching dominance of HSPA/HSPA+ technology. HSPA and LTE are the two major technologies capable of handling uninterrupted data services. Given HSPA’s first mover advantage and relatively evolved ecosystem, it poses a major threat to the growth of LTE technology.
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/report/global-lte-smartphones-market-2014-2018
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-and-networking
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TechNavio Announces the Publication of its Research Report – Global LTE Smartphones Market 2014-2018
