Title: Flow Battery Market - Forecast(2021 - 2026)LTE Advanced Pro Market - Forecast(2021 - 2026)
1LTE Advanced Pro Market Forecast(2021 -
2026)
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- Global LTE Advanced Pro Market is projected to
reach 188.6 million by 2026, growing at a CAGR
of 12.6 during forecast period 2021-2026. LTE
Advanced Pro can be referred as the LTE core
network technology which focuses on offering
cost-effective high bit rate and peak data rates
coupled with optimum performance levels. The
growth in the market is majorly attributed to the
rising shift towards IoT connectivity and the
need for improved network performance such as
reduced latency, high speed transmission with
many others. Introduction of LTE Advanced Pro was
done in order to cope up or address the
challenges of unlicensed spectrum requirements,
referred to as Licensed Assisted Access (LAA),
resulting in growth of LTE Advanced Pro market
size.
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- Key Takeaways
- Growing need towards improved network performance
is analyzed to significantly drive the LTE
Advanced Pro market during the forecast period
2021-2026. - Network Equipment is expected to have a major
share during 2020 within the LTE Advanced Pro
industry owing to research and development
activities from some of the prominent market
players. - APAC is analyzed to grow at highest CAGR during
2021-2026 attributed to the factors including
rapid urbanization as well as increased
penetration rate of smart phone users. -
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By Distribution Channel- Segment Analysis On the
basis of technology, the LTE Advanced Pro market
has been segmented into Software Defined
Networking (SDN) and Network Functions
Virtualization (NFV). LTE Advanced Pro solutions
deploying NFV core network technology is analyzed
to hold highest market share and grow at a CAGR
of 7.5 over the forecast period 2021-2026, due
to its capability of optimizing network
resources. Leveraging NFV technology can help the
service providers to move network functions from
dedicated appliances to generic servers with
higher flexibility, thereby impacting the LTE
Advanced Pro industry. Handling massive amounts
of data eventually increases network capacity for
the network operators, which can be addressed
easily utilizing NFV.
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- LTE Advanced Pro Market Industry Outlook
- Intel Corporation
- Cisco Systems Inc.
- Sierra Wireless
- Samsung Electronics
- Qualcomm
- Qorvo
- Ericsson
- NEC Corporation
- Nokia Corporation
- ZTE Corporation
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LTE Advanced Pro Market Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/LTE-Advanced
-Pro-Market-Research-505487
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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