Players Foray into Nascent Market for TD-LTE Ecosystem to Tap into Opportunities

Sensing an opportunity in the developing global market for TD-LTE ecosystem, many companies have forayed into the market. Some of the key players in the market are Nokia, Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., AT&T, Inc., Telefonaktiebolaget L. M. Ericsson, ZTE Corporation, Spreadtrum Communications Inc., Qualcomm Inc., MediaTek, Inc., and Broadcom Corporation.

By dint of being still in a nascent stage, the global market for TD-LTE ecosystem is predicted to rise at a phenomenal pace. By clocking a CAGR of 24.4% over the course of the forecast period from 2017 to 2025, the market which was valued at US$40.80 bn in 2016, will likely attain a value of US$264 bn by 2025. 

Proliferation of Smartphones Drive Market

A noticeable trend in the global market for TD-LTE ecosystem is the impressive number of TD-LTE network deployments that have taken place in the past couple of years. Examples include SoftBank in Japan, Bharti Airtel in India, and Sprint in the U.S. This is mainly because of the availability of spectrum and reduced cost of deployment. All these are serving to drive the market forward.

Pressing need for LTE because of the increasing penetration of smartphones, along with other internet enabled mobile devices, namely e-readers and e-readers is one of the key factors promoting the market for TD-LTE ecosystem. Apart from that, growing popularity of social media has led to a proliferation of mobile data traffic, creating high demand on the network of wireless operators. 

The promising market for global TD-LTE ecosystem, is however being challenged by complexity and backward compatibility. Operators mulling upon a network update, are needed to pick the right technology. They can do so by upgrading to an improved version of 3G such as HSPA or HSPA+ or they can simply adopt LTE. However, for upgrading within the 3G family, network architectural changes are not required. On the contrary, switching to LTE requires expansion of core network and new technology for radio access. The method is both expensive and complex.

In the near future, progress in wireless infrastructure will likely create new avenues for growth in the global market of TD-LTE ecosystem. 

Surging Sales of Smartphones Lead to Uptake of Macro Cells

The different types of equipment in the global TD-LTE ecosystem market are macro cells and small cells. Of them, the macro cells are seeing greater uptake and in the years ahead will likely see their demand intact due to the unabated surging sales of smartphones and other electronic devices worldwide.
Based on the type of product, the global market for TD-LTE ecosystem can be divided into notebooks, smartphones, routers, PCs, and tablets. Among them, notebooks are predicted to dominate the market vis-à-vis share in revenue since they find application for personal use, in corporate offices, retail, healthcare, etc. Their popularity on account of their portability and new innovations in the notebook market is in turn bolstering demand for TD-LTE ecosystem market. 

Technological Progress Makes North America Leading Market

From a geographical standpoint, North America is considered the most lucrative market for companies in the market for TD-LTE ecosystem and will likely remain so in the years ahead. Propelling the market in the region are technological progress and effective wireless infrastructure, particularly in the U.S. and Canada. Europe is another key market for TD-LTE ecosystem market because of the upgrading of the existing wireless infrastructure in nations of France, Germany, the U.K., and Italy. In terms of growth rate, however, Asia Pacific is expected to surpass all other regions on the back of fast-expanding large economies of China and India, where mobile network infrastructure has expanded by leaps and bounds in the last one decade. 

Extensive Adoption in Medical Sector to Result in Outstanding Growth of 3D Imaging Market

The demand for 3D imaging technologies has been on the rise on account of the growing applications from across vertical such as entertainment, manufacturing, health care, design, defense, and construction. In the future, it is expected that the application areas of 3D imaging will rise further and this is expected to boost the growth prospects of the global 3D imaging market. The market is also expected to witness a growth on account of the rapid development in recording and displaying technologies as well as digital capture technology. The day will not be far when 3D imaging becomes important in manufacturing and other industries. According to a recent research report published by Transparency Market Research (TMR), the global 3D imaging market is anticipated to exhibit an excellent CAGR of 26.8% from 2015 to 2021 and be worth US$17.99 bn by 2021. 

The following blog post answers three important questions based on global 3D imaging market:

Q. What are the important factors which are behind the tremendous growth of the global 3D imaging market?

The increasing incidences of heart diseases and other chronic diseases such as cancer across the globe has led to the rise in the total number of complex surgeries performed all over the world. High prevalence of diseases has also lead to a staggering rise in the number of diagnostic tests that are being held globally. This will majorly boost the global 3D imaging market. Another important factor that is expected to accelerate the growth of this market is the high demand for 3D imaging technology and solutions from automated industry applications. 

Q. Which application segment will be the highest revenue generator for 3D imaging market?

One of the key application areas of the 3D imaging technique and solutions is the medical field. The medical imaging industry has thus been revolutionized by the advent of 3D imaging techniques and this has resulted in the healthcare sector being the current most lucrative application segment for the 3D imaging market. The health sector is the highest revenue generator as of now for the global 3D imaging market and is expected to continue to be in a dominant position throughout 2021. 

Q. Which regional segment will offer lucrative opportunities of growth in the years to come?

North America has always been leading in terms of technological advancements and innovation. This will make the region one of the key markets for global 3D imaging. While Asia Pacific comparatively had lower contribution to the overall revenue of the market, this trend is expected to change very soon. Amazing receptiveness of 3D imaging technology and solution across various industries will drive growth of the Asia Pacific 3D imaging market. 3D imaging technology and solutions will also be adopted extensively in customer electronic products which are anticipated to bolster the growth of the market in Asia Pacific further. This region boasts of a thriving electronic and automotive sector and this spells good news for the 3D imaging market as this technology is being used extensively for automation of automobiles and consumer electronics.

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