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.
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:
- Huawei
- ZTE
- SIMCOM
- Sierra Wireless
- Qualcomm
- Intel
- Ericsson
- Telit
Highlights of The LTE Module Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EPC (Evolved Packet Core)
- ENode B (Evolved Node B)
- By Application:
- Mobile Phone
- Consumer Electronics
- Medical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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