USD 121.6 billion
4G Equipment Market Size, Share, and Growth Analysis
4G Equipment Market By Component (Infrastructure Equipment, Testing Equipment), By Type (Base Stations, Mobile Devices), By Frequency Band (LTE Band 7, LTE Band 20), By Technology, By Application, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG45A2140 |
Region:
Global |
Published Date: February, 2025
Pages:
157
|Tables:
64
|Figures:
75
Format -
4G Equipment Market Insights
Global 4G Equipment Market size was valued at USD 121.6 billion in 2023 and is poised to grow from USD 146.53 billion in 2024 to USD 651.35 billion by 2032, growing at a CAGR of 20.5% during the forecast period (2025-2032).
Because of the rising demand for fast and dependable wireless communication networks, the global market for 4G equipment has seen tremendous expansion. The demand for effective 4G infrastructure has increased due to the widespread adoption of smartphones, IoT devices, and data-intensive applications.
This market includes a variety of parts from suppliers including Huawei, Ericsson, Nokia, and ZTE, including base stations, antennas, routers, and switches. Although there is a steady shift in emphasis as 5G deployments pick up steam, 4G equipment remains useful, particularly in areas with ongoing network improvements or sparse 5G coverage.
The steady demand in the global 4G equipment market can be attributed to an increased requirement for connectivity resulting from IOT integration and the growing demand for mobile data with the rising need of faster and better internet connections. North America holds the largest market share, although the rising demand in countries like China, India, and Japan is rapidly propelling the revenue of the Asia-Pacific region.
Future market dynamics will be shaped by elements like technology development, spectrum distribution, and regional infrastructure investments, affecting the trajectory of the market's relationship to the changing wireless connection environment.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
LTE-FDD
Fastest Growth
LTE-advanced
Growth Rate
20.5% CAGR
Global 4G Equipment Market ($ Bn)
Country Share for North America Region (%)
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4G Equipment Market Segments Analysis
Global 4G Equipment Market is segmented by Component, Type, Frequency Band, Technology, Application and region. Based on Component, the market is segmented into Infrastructure Equipment and Testing Equipment. Based on Type, the market is segmented into Base Stations, Mobile Devices and Routers and Gateways. Based on Frequency Band, the market is segmented into LTE Band 7, LTE Band 20, LTE Band 28, LTE Band 40, LTE Band 41, LTE Band 42, LTE Band 66 and LTE Band 71. Based on Technology, the market is segmented into MIMO, OFDMA and SC-FDMA. Based on Application, the market is segmented into Mobile Broadband, Fixed Wireless Access (FWA), Enterprise Services and Internet of Things (IoT). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis By Technology
In the 4G equipment market, LTE is the prevailing technology. Globally, LTE networks have been set up, encompassing both developed and developing areas. Because of its higher performance and the rising demand for fast mobile data, LTE is becoming increasingly prevalent.
To improve network capabilities and meet rising data demands, LTE-Advanced and LTE-Advanced Pro were gradually implemented. Particularly in metropolitan centers and places with high densities of people, these technologies allowed network operators to deliver faster and more dependable services. WiMAX has fallen behind LTE due to LTE's wider industry support and higher performance at the same time. Only a few markets where WiMAX was still relevant saw WiMAX deployments.
Analysis By Application
Consumer electronics frequently represents the largest application category in the 4G equipment market, partly due to the growing use of smartphones and other mobile devices. The desire for effortless interaction and high-speed internet access fuels the expansion of this market.
According to industry trends, legislative changes, and technology improvements, the fastest-growing market category may change. Due to the continued network coverage expansion and the growing integration of IoT devices in a variety of industries, telecommunication infrastructure and industrial applications have historically demonstrated tremendous development potential.
Global 4G Equipment Market By Technology
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4G Equipment Market Regional Insights
The adoption of 4G technology has been significantly influenced by the North American region. Large 4G networks and a high demand for cutting-edge communication technology are present in the United States and Canada. To accommodate the rising data demands of consumers and companies, major telecom providers have extensively invested in improving and broadening their networks.
The 4G equipment industry has expanded quickly in the Asia-Pacific region. Large populations and rising smartphone penetration in nations like China, Japan, South Korea, and India are pushing up demand for high-speed mobile internet. China has been essential to the development of 4G technology.
Global 4G Equipment Market By Region
- Largest
- Fastest
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4G Equipment Market Dynamics
Drivers
Growing Demand for Mobile Data
- Since the global population has started to use several gadgets like smartphones, tablets, and other connected devices on a frequent basis, mobile data usage has grown. Mobile data is essential in today’s world as people continue to use data-intensive applications like internet gaming, social media, and video streaming. Telecom providers must update to 4G technology in order to accommodate this demand, thus providing speedy internet rates and increased capacity when compared to earlier technologies.
Internet of Things (IoT) Connectivity
- The augmentation of IoT devices and other applications have boosted the demand for connectivity and network efficiency. 4G technology offers a far more secure and strong connection for IoT devices, helping in real-time data gathering, monitoring, and automation across several industries like healthcare, manufacturing, transportation, and smart cities.
Restraints
Infrastructure Costs
- Substantial investments have to be made to set up the infrastructure needed to change to using 4G technology, such as spending on base stations, towers, and other network parts. Thus, telecom operators and network equipment manufacturers have to spend a significant amount in installation costs alone. This could pose a problem, especially for smaller businesses or firms working in resource-constrained areas.
Spectrum Allocation
- It can be difficult to find suitable radio frequency spectrum for 4G networks. Since spectrum is a limited resource, the regulatory and allocation procedures for dividing spectrum licenses can occasionally be difficult and drawn out. This can cause 4G network rollout delays in some areas.
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4G Equipment Market Competitive Landscape
Key competitors in the worldwide 4G equipment market are engaged in fierce competition as they try to take advantage of the rising demand for modern communication technologies. Industry giants with extensive portfolios of 4G infrastructure solutions, like Huawei, Ericsson, Nokia, and ZTE, lead the market. These businesses place a strong emphasis on innovation and spend a lot of money on R&D to improve network capabilities, data speeds, and coverage. Additionally, partnerships with telecom companies and government programs for digital transformation increase the level of competition. Emerging competitors like Samsung and Cisco compete in the market as well, taking significant market shares by utilizing their technological know-how. Competition is expected to remain severe as the industry develops towards 5G and beyond, driven by the constant quest to provide superior connectivity, flawless experiences, and effective network management to meet the soaring data demands of a digitally connected world.
Top Players in 4G Equipment Market
- Huawei Technologies Co., Ltd. (China)
- Nokia Corporation (Finland)
- Ericsson (Sweden)
- ZTE Corporation (China)
- Samsung Electronics Co., Ltd. (South Korea)
- Cisco Systems, Inc. (United States)
- NEC Corporation (Japan)
- Fujitsu Limited (Japan)
- Juniper Networks, Inc. (United States)
- CommScope Holding Company, Inc. (United States)
- Tejas Networks (India)
- Telrad Networks (United Kingdom)
- Mavenir Systems, Inc. (United States)
- Airspan Networks Inc. (United States)
- Ceragon Networks Ltd. (Israel)
- Infinera Corporation (United States)
- Ciena Corporation (United States)
- ADTRAN, Inc. (United States)
Recent Developments
- In January 2023, Nokia, a Finnish multinational telecommunications, information technology, and consumer electronics corporation, reported that it would purchase Astute Solutions, a french company in the same market, for a confidential amount.
- In February 2023, Ericsson, a Swedish multinational networking and telecommunications company, announced its upcoming acquisition of British company Cradlepoint for USD 1.1 billion.
- In March 2023, Samsung, a South Korean multinational major appliance and consumer electronics corporation, reported its plans to acquire US company Innoviz for USD 400 million.
- In April 2023, Qualcomm, an American multinational corporation that creates semiconductors, software, and services related to wireless technology announced its acquisition plans for US company Nuvia for USD 1.4 billion.
4G Equipment Key Market Trends
- Transition to 5G Technology: Though 4G technology remains relevant till now, the introduction of 5G technology was starting to spread like wildfire around the globe. The introduction and expansion of 5G networks across the globe did impact the consumer demand for 4G equipment, hampering market growth. Thus, the 4G equipment industry began to produce models and products which could work with both 4G and 5G technologies to accommodate this substantial change in the connectivity sector.
- Coverage Enhancement and Network Expansion: Before 5G, several locations in flourishing regions did not have any or had poor 4G coverage. However, telecommunication businesses are now focusing on improving and broadening the expanse of their 4G networks, particularly in remote or overlooked places. This development led to companies investing in 4G infrastructure, such as base stations, antennas, and other components.
- IoT and M2M Connectivity: Machine-to-machine (M2M) and Internet of Things (IoT) connections were taking off across the globe. A few IoT and M2M applications that require dependable and effective 4G connectivity are smart cities, connected vehicles, and industrial automation. Thus, due to this trend, there is a rising demand for specialist 4G technology like low latency and high dependability that can meet the specifications of these applications.
4G Equipment Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, the global 4G equipment market is poised for promising growth as mobile networks continue to evolve. With rising demand for high-speed data connectivity, seamless streaming, and IoT applications, 4G technology remains relevant despite the emergence of 5G. Market players are expected to focus on optimizing 4G infrastructure, enhancing coverage in underserved areas, and catering to cost-effective solutions for developing regions. Additionally, the ongoing integration of 4G with 5G networks and the increasing adoption of advanced features like carrier aggregation and MIMO technology could further fuel market expansion. Overall, the 4G equipment market holds potential for sustained growth in the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 121.6 billion |
| Market size value in 2032 | USD 651.35 billion |
| Growth Rate | 20.5% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on 4G Equipment Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on 4G Equipment Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the 4G Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 4G Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 4G Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 4G Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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