Dominance of HSPA/HSPA+ technology is a Major Challenge to the Global LTE Smartphones Market: TechNavio Report
LONDON, UK - TechNavio, the independent London-based global research firm, today announced the publication of its research report on Global LTE Smartphones Market. The report finds dominance of HSPA/HSPA+ technology as a major challenge to the Global LTE Smartphones Market. The findings are for the forecast period 2014-2018.
HSPA and LTE are the two major technologies capable of handling uninterrupted data services. Given HSPA's first mover advantage and relatively evolved ecosystem, it is posing a major threat to the growth of LTE technology. During the forecast period, there will be a continuing tussle between LTE and HSPA. Depending on factors such as cost and bandwidth, operators worldwide will be adopting one of these technologies.
Overall, the LTE Smartphones market is highly fragmented with the presence of many vendors. Although the market comprises diversified vendors that have a presence in other verticals, most of the core vendors in the market are smartphones vendors, which include players like Apple, LG Electronics, Motorola Mobility LLC, and Samsung Electronics. How these companies are able tosustain themselves from increasing competition and adopt the technologies willdetermine the growth of this market in the coming times.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.