Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global LTE Module Market by Type (EPC (Evolved Packet Core), ENode B (Evolved Node B)), By Application (Mobile Phone, Consumer Electronics, Medical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global LTE Module Market by Type (EPC (Evolved Packet Core), ENode B (Evolved Node B)), By Application (Mobile Phone, Consumer Electronics, Medical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 171747 3300 IT & Telecom 377 244 Pages 4.5 (33)
                                          

Market Overview:


The global LTE module market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high-speed internet connectivity and rising number of 4G subscribers. Additionally, growing adoption of LTE modules in consumer electronics and medical applications is also propelling the growth of this market. However, lack of standardization across different regions may restrain the growth of this market to some extent during the forecast period. On basis on type, EPC (Evolved Packet Core) segment is expected to hold major share in global LTE module market during forecast period owing to its ability provide enhanced performance as compared with other types such as ENode B (Evolved Node B). On basis on application, mobile phone segment is anticipated witness highest CAGR over next decade due surging demand for smartphones globally.


Global LTE Module Industry Outlook


Product Definition:


LTE Module is a device that helps in the transmission of data over a wireless network. It helps to connect devices to the internet and allows for faster speeds than traditional modems. LTE Module is important because it allows for faster speeds and better connectivity.


EPC (Evolved Packet Core):


EPC (Evolved Packet Core) is a packet data network architecture that evolved from 3GPP Long Term Evolution. It is an evolution of the 3GPP core network and provides services to any device connected to the LTE module, which includes smartphones, tablets, laptops and routers. EPC supports IP Multimedia Subsystems Protocol (IMS), Mobile Network Operator specific protocols such as USIM & IMSI catcher etc., thus it can support multiple mobile operators simultaneously.


ENode B (Evolved Node B):


ENode B is a component of LTE modules that enables data communication between the mobile phone and the network. It also provides error detection and correction functionality to networks. ENode B is an evolved version of Nokia’s Rich Communication Services (RCS) solution, which was developed for 3GPP universal mobile telecommunication systems. The technology has been standardized in 4th Generation Partnership Project (4GPP).


Application Insights:


Mobile phones was the largest application segment in 2017 and will continue to be so over the forecast period. The increasing penetration of smartphones has led to a significant increase in data usage, thereby driving demand for LTE modems. Moreover, introduction of 4G technology has enabled consumers to access high-speed internet on their smartphones without wires. This is expected to drive demand further over the coming years.


Consumer electronics is anticipated to register a CAGR exceeding 12% from 2018 to 2030 owingto growing adoption of smart devices coupled with rising disposable income levels across various regions including Asia Pacific and North America. Technological advancements such as IoT (Internet Of Things) are leading towards an increased integration between physical and virtual worlds which is expected fuel demand for consumer electronics over the forecast period significantly especially in developed regions like North America and Europe where there are more than 50 million connected devices by 2020 accordingto GSM Association (GSMA).


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for smartphones and mobile internet. The growing adoption of 4G/LTE technology in this region is also a key factor driving regional growth. Furthermore, China has been observed to be one of the largest smartphone manufacturers globally and it exports most of its products in Asia Pacific as well as other regions. Thus, China dominates the global LTE module market by providing access to low-cost devices that can provide high-speed data services.


North America held a significant share in 2016 due to an increase in demand for high speed data services across U.S.


Growth Factors:


  • Increasing demand for high-speed mobile internet connectivity and data services.
  • Proliferation of 4G LTE networks and devices globally.
  • Growing demand for M2M/IoT applications and services.
  • Rising number of LTE subscribers worldwide.

Scope Of The Report

Report Attributes

Report Details

Report Title

LTE Module Market Research Report

By Type

EPC (Evolved Packet Core), ENode B (Evolved Node B)

By Application

Mobile Phone, Consumer Electronics, Medical

By Companies

Huawei, ZTE, SIMCOM, Sierra Wireless, Qualcomm, Intel, Ericsson, Telit

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

244

Number of Tables & Figures

171

Customization Available

Yes, the report can be customized as per your need.


Global LTE Module Market Report Segments:

The global LTE Module market is segmented on the basis of:

Types

EPC (Evolved Packet Core), ENode B (Evolved Node B)

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Mobile Phone, Consumer Electronics, Medical

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Huawei
  2. ZTE
  3. SIMCOM
  4. Sierra Wireless
  5. Qualcomm
  6. Intel
  7. Ericsson
  8. Telit

Global LTE Module Market Overview


Highlights of The LTE Module Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. EPC (Evolved Packet Core)
    2. ENode B (Evolved Node B)
  1. By Application:

    1. Mobile Phone
    2. Consumer Electronics
    3. Medical
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the LTE Module Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global LTE Module Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


LTE Module is a small electronic component that can be inserted into a mobile phone to enable it to connect to the internet. LTE modules are usually found in high-end smartphones and offer faster speeds than traditional 3G or 4G networks.

Some of the key players operating in the lte module market are Huawei, ZTE, SIMCOM, Sierra Wireless, Qualcomm, Intel, Ericsson, Telit.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. LTE Module Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. LTE Module Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. LTE Module Market - Supply Chain
   4.5. Global LTE Module Market Forecast
      4.5.1. LTE Module Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. LTE Module Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. LTE Module Market Absolute $ Opportunity

5. Global LTE Module Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. LTE Module Market Size and Volume Forecast by Type
      5.3.1. EPC (Evolved Packet Core)
      5.3.2. ENode B (Evolved Node B)
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global LTE Module Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. LTE Module Market Size and Volume Forecast by Application
      6.3.1. Mobile Phone
      6.3.2. Consumer Electronics
      6.3.3. Medical
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global LTE Module Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. LTE Module Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global LTE Module Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. LTE Module Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global LTE Module Demand Share Forecast, 2019-2026

9. North America LTE Module Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America LTE Module Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America LTE Module Market Size and Volume Forecast by Application
      9.4.1. Mobile Phone
      9.4.2. Consumer Electronics
      9.4.3. Medical
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America LTE Module Market Size and Volume Forecast by Type
      9.7.1. EPC (Evolved Packet Core)
      9.7.2. ENode B (Evolved Node B)
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America LTE Module Demand Share Forecast, 2019-2026

10. Latin America LTE Module Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America LTE Module Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America LTE Module Market Size and Volume Forecast by Application
      10.4.1. Mobile Phone
      10.4.2. Consumer Electronics
      10.4.3. Medical
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America LTE Module Market Size and Volume Forecast by Type
      10.7.1. EPC (Evolved Packet Core)
      10.7.2. ENode B (Evolved Node B)
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America LTE Module Demand Share Forecast, 2019-2026

11. Europe LTE Module Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe LTE Module Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe LTE Module Market Size and Volume Forecast by Application
      11.4.1. Mobile Phone
      11.4.2. Consumer Electronics
      11.4.3. Medical
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe LTE Module Market Size and Volume Forecast by Type
      11.7.1. EPC (Evolved Packet Core)
      11.7.2. ENode B (Evolved Node B)
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe LTE Module Demand Share, 2019-2026

12. Asia Pacific LTE Module Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific LTE Module Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific LTE Module Market Size and Volume Forecast by Application
      12.4.1. Mobile Phone
      12.4.2. Consumer Electronics
      12.4.3. Medical
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific LTE Module Market Size and Volume Forecast by Type
      12.7.1. EPC (Evolved Packet Core)
      12.7.2. ENode B (Evolved Node B)
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific LTE Module Demand Share, 2019-2026

13. Middle East & Africa LTE Module Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa LTE Module Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa LTE Module Market Size and Volume Forecast by Application
      13.4.1. Mobile Phone
      13.4.2. Consumer Electronics
      13.4.3. Medical
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa LTE Module Market Size and Volume Forecast by Type
      13.7.1. EPC (Evolved Packet Core)
      13.7.2. ENode B (Evolved Node B)
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa LTE Module Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global LTE Module Market: Market Share Analysis
   14.2. LTE Module Distributors and Customers
   14.3. LTE Module Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Huawei
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. ZTE
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. SIMCOM
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Sierra Wireless
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Qualcomm
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Intel
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Ericsson
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Telit
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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