Emergence of smartphones and developing networks such as 3G and 4G connections are demanding for advanced TD-LTE solutions. LTE increases the speed and capacity of communication networks while interfacing various radio spectrums with core network. Efficiency, flexibility, and cost effectiveness of the technology are few of the factors that are fetching demands for TD-LTE services. However, high cost associated with architectural changes and complexity of the technology are factors that could hinder the market growth over the forthcoming years. Nonetheless, increasing demand for smartphones, growing popularity of social media platforms, and escalating demand for faster connectivity are expected to help this technology grow significantly over the near future.
Transparency Market Research (TMR) has estimated that the global market for TD-LTE ecosystem will reach US$264.00 bn by the end of 2025, from its estimated value of US$40.80 bn in 2016, expanding with a healthy CAGR of 24.4% during the forecast period of 2016-2025.
The prominent leaders operating in this market are continuously innovating to increase their revenues, and are involving in cumulative efforts to evolve this market for the benefit of all the players. For instance, in early March 2017, as part of Mobile World Congress at the Global 5G Test Summit, leading companies have declared their commitment to an end-to-end and unified 5G ecosystem and standard. Players such as Datang, ZTE, Rohde & Schwarz, Qualcomm, Nokia, MediaTek, Keysight Technologies, Intel, Huawei, Ericsson, Vodafone, NTT DoCoMo, China Mobile, and AT&T have issued a joint statement to support unified global standards for 5G connection.
What are the factors supporting the expansion of notebook device type segment?
Based on device type, the overall market for TD-LTE ecosystem can be segmented into tablets, routers, PCs, notebooks, and smartphones. Among these, the notebook segment is most likely to hold the maximum share of the global market over the forthcoming years. One of the most significant factor resulting in expansion of this segment is the rising applications of notebook in various sectors such as retail, healthcare, corporate office, and domestic purpose. Furthermore, new innovations incorporated by leading players in this market are fueling the demand for technologically advanced notebooks. As notebooks are portable and easy-to-use, their market in terms of both revenue and sales are expected to rise, further bolstering the global TD-LTE ecosystem market.
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Geographically, which segments offer more opportunities for the investors?
The overall market for TD-LTE ecosystem is geographically segmented into Latin America, the Middle East and Africa (MEA), Europe, Asia Pacific, and North America. Every segment is expanding with respective growth rates, augmenting the global market. Currently, the North America market is the most profitable segment. It is expected that this region will sustain its dominating position and provide fruitful opportunities over the forecast period. Efficient wireless infrastructures of countries such as Canada and the U.S., the increasing technological advancements, and quick adoption of digitalization are some of the few factors fueling the growth of the TD-LTE ecosystem market over this region. The U.S. is the leading country in terms of revenue generation for this market. The contribution of the U.S., is one of the most significant factor helping this region to sustain its dominating position.