Global Cellular Networks Market Synopsis
The global Cellular Networks Market 2020, according to MRFR, is
expected to surge at a substantial CAGR of 30% over the review period.
In recent years, the global cellular network
subscription market has shown tremendous growth and is expected to grow over a
specified period due to the evolution of the mobile industry. It is expected
that smartphone, dongle, laptop, iPhone and iPad popularity will drive growth
over the forecast period. It depends on the network coverage, data, fees
payable for data access, and other additional services offered by players in
the cellular network subscription industry.
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Industry Highlights
Smartphone use has augmented significantly in recent
years and is projected to expand at much higher levels in the future. The
exponential growth in mobile phones is having a significant effect on
telecommunications networks. The growing use of smartphone and IoT ( Internet
of Things) has positively impacted the development of the global market for
cellular networks. Cellular network infrastructure has undergone different
improvements depending on the use of traffic.
Increasing the use of smartphone and app has
simultaneously improved user usability. This reliance may have a significant
effect on the subscription market for cellular networks. 4G's launch is
expected to fuel their development over the projected period. One of the
significant drivers is projected to be the price of mobile data and its
availability. 5 G services are also expected to show promising growth due to
the high economic and social value of their applications. Mobile devices are
expected to play an essential role in everyday life. Some of the identified 5 G
applications may, however, also be enabled through 4 G networks. Declining
prices are one of the constraints to operators' revenue growth.
Market Segmentation
The global cellular networks market is analyzed on
the basis of frequency, technology, and application and by connection type.
By technology, the market has been segmented into 2G
and 3G, 4G, and 5G.
On the basis of frequency, the segment is classified
into UMTS, EDGE, and LTE.
On the basis of application, it is further segmented
into the type of devices such as mobile phones, USB / power dongles, and
modem/router.
Based on the connection type, the market is
bifurcated into pre-paid and postpaid.
Regional Outlook
Owing to market maturity of cellular network
subscription, Europe and North America are expected to show sluggish growth
over the specified period. While North America and Europe are major players in
the cellular network, the expectation is that they will show slow growth in the
coming years. Due to the rapidly increasing mobile subscriber base and growing
preference for 4 G services in countries like India and China, Asia Pacific is
expected to be the critical region over a specified time period. Due to high
rates of mobile connectivity and digitalization in countries such as China and
India, Asia Pacific is projected to be the critical specific region in the
coming years. The projected merger of Reliance Communications with Sistema will
provide spectrum access to deliver 4 G services throughout Asia. To move
towards automation, the industries will employ remote monitoring, cloud
connectivity, remote operation, and remote maintenance. Digitalization is the
crucial explanation of why mobile connections are growing. Participants at the
industry are making significant investments to improve service capacity and
base subscribers. Bharti Airtel recently invested USD 3 billion in expanding
its operations in India and improving customer satisfaction.
Competitive Scenario
Market Research Future recognizes some of the key
players in the global market as Verizon Communications (U.S), Singapore
Telecommunications Ltd (Singapore), AT&T Inc. (U.S), Alcatel Lucent
(France), NTT Docomo (Japan), Bharti Airtel Ltd (India), Reliance
Communications Ltd (India), China Mobile Ltd (China).
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