The Asia Pacific 4G (LTE) devices market held the largest market share of 30% in terms of value and is estimated to account for 38% revenue share, followed by the 4G (LTE) devices market in North America.
Mobile devices refer to portable, compact, and lightweight computing devices featured with touch or non-touch display screens and sometimes a mini keyboard. These devices support 4G connectivity and are used to carry out day-to-day computing tasks including web browsing and running software applications. Common types of mobile devices include mobile phones, smartphones, tablets, personal digital assistant (PDA), pagers, and navigation devices. There has been a global increase in the use of 4G (LTE) devices and this has led to exponential growth of the global 4G (LTE) devices market.
Growing adoption of smartphones in developing countries and government initiatives for implementing technological advancements in networking infrastructure are the primary factors fueling a robust growth of the global 4G (LTE) devices market during the forecast period. Other factors contributing to market growth include growing demand for advanced networking technology, the emergence of a wide range of new and robust connectivity options owing to the development of the Internet of Things (IoT), and growing consumption of HD video content. Increasing competition among both international and local device manufacturers offering a bundled solution of network and devices is expected to attract more consumers making the solution more affordable and technologically advanced. This further supports the growth of the global 4G (LTE) devices market during the forecast period.
The Asia Pacific 4G (LTE) devices market held the largest market share of 30% in terms of value and is estimated to account for 38% revenue share, followed by the 4G (LTE) devices market in North America. Revenue contribution from the 4G (LTE) devices market in the Asia Pacific is expected to increase at a CAGR of 15%.
In the North America region, the market share of the smartphone segment is anticipated to witness a decrease from 70.9% to 68.8%. This is due to the introduction of other innovative smart devices that use advanced networking technologies. The markets in Europe, Asia Pacific, and Middle East & Africa are expected to contribute significantly to the overall revenue growth of the global 4G (LTE) devices market. Sales of 4G (LTE) devices in the Latin America and Middle East & Africa regions are estimated to collectively account for over 14% market share in terms of the value of the global 4G (LTE) devices market.
Global Building Management System Market Professional Survey Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 110 pages report.
This market report provides in-depth analytics of the Building Management System industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Building Management System market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Huawei Technology Company
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
Single Brand Store
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.