Global Global 4G Service Market Market Research Report

Currently, several companies are investing in long-term evolution (LTE) technologies to gain profits and a large customer base. The market for the 4G network service is at its peak due to the constant innovation in LTE technologies, which offer various benefits over traditional 3G networks.

The telecommunication industry has witnessed good traction for 4G, and the demand is expected to grow further in the coming years. The global 4G network services market in 2014 is estimated to be $138.74 billion. It is expected that the market will reach $586.8 billion, at an estimated CAGR of 33.43%, for the period from 2014 to 2019.

The various network operators that are contributing to the emergence of this market are AT&T Mobility, China Mobile Communications Corporation, Sprint Corporation, T-Mobile, Vodafone, Verizon Wireless, and SK Telecom Co., Ltd. The report observes the financial analysis, year-on-year growth, CAGR, and market share across different regions and vendors, along with product and service offerings.