LTE IoT is a technology that is expected to harvest substantial growth in the upcoming years. Internet of things (IoT) is emerging at a rapid pace and generating high demand for data storage and transfer applications. Several fields, IoT enabled-manufacturing, telematics, professional services, navigation, and infotainment in transport, are expected to boost the development of the global LTE IoT market. The growing demand for connected devices is further powering the LTE IoT market across the globe to a great extent.
MARKET DYNAMICS
The need for defined and unique network qualities and the growth of connected devices is the prime factor driving the growth of the LTE IoT market. The operational downtime due to network infrastructure deployment is the major factor restraining the growth of the LTE IoT market. However, with the development in the industrial IoT application across multiple industries, new players are growing their market presence, thereby mounting their business across the emerging economies.
MARKET SCOPE
The "Global LTE IoT Market Analysis to 2028" is a specialized and in-depth study of the LTE IoT market with a special focus on the global market trend analysis. The report aims to provide an overview of LTE IoT market with detailed market segmentation by technology, service, industry. The global LTE IoT market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading LTE IoT market players and offers key trends and opportunities in the LTE IoT market.
MARKET SEGMENTATION
The global LTE IoT market is segmented on the basis of technology, service, industry. On the basis of technology, the market is segmented as LTE-M, NB-IoT. On the basis of service, the market is segmented as professional services, managed services. On the basis of industry, the market is segmented as manufacturing, energy and utilities, transportation and logistics, healthcare.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global LTE IoT market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The LTE IoT market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting LTE IoT market from both demand and supply side and further evaluates market dynamics effecting the market during 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 effecting the LTE IoT market in these regions.
MARKET PLAYERS
The reports cover key developments in the LTE IoT 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 market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from LTE IoT market are anticipated to lucrative growth opportunities in the future with the rising demand for LTE IoT market. Below mentioned is the list of few companies engaged in the LTE IoT market.
The report also includes the profiles of key LTE IoT market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- MediaTek Inc.
- Orange
- Puresoftware
- SEQUANS
- Sierra Wireless
- Telefonaktiebolaget LM Ericsson
- Telstra
- TELUS
- T-Mobile USA, INC.
- Vodafone Group
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.