Customer premises equipment (CPE) is equipment offered by telephone or other service providers, which is located on the customer's premises instead of on the provider's premises. These devices include telephone handsets, digital subscriber line routers, and cable TV set-top boxes, among others. Long Term Evolution (LTE) CPE is 4G wireless communications CPE. These devices are routers for mobile devices, including tablets, smartphones, netbooks, notebooks, and wireless hotspots.
MARKET SCOPE
The "Global LTE CPE Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the LTE CPE market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading LTE CPE market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global LTE CPE market is segmented into indoor, outdoor, and MiFi.
- On the basis of application, the market is bifurcated into residential and commercial.
MARKET DYNAMICS
Drivers
- The deployment of fixed LTE devices in the residential areas are witnessing exponential growth, owing to rising consumer requirement for high-speed internet connectivity. This, in turn, is fueling the growth of LTE CPE market.
- The decreasing prices of internet due to high competition among service providers is another factor positively influencing the demand for LTE CPE globally.
- The rising investments by service providers into LTE technology for residential users is anticipated to bolster the LTE CPE market.
Restraints
- The fragmented LTE ecosystem is hindering the growth of the market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The LTE CPE market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the LTE CPE market in these regions.
IMPACT OF COVID-19 ON LTE CPE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the LTE CPE market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from LTE CPE market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the LTE CPE market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ASUSTeK Computer Inc.
- AT and T
- D-Link Corporation
- Huawei Technologies Co., Ltd.
- NETGEAR
- Samsung Corporation
- SEQUANS
- Verizon
- ZTE Corporation
- Zyxel
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.