Baseband Processor Market Share, Size, Trends, Analysis and Forecasts to 2020

Technavio Announces the Publication of its Research Report Global Baseband Processor Market 2016-2020

Technavio recognizes the following companies as the key players in the global baseband processor market: Qualcomm, MediaTek, Intel, Broadcom, and Spreadtrum.

Commenting on the report, an analyst from Technavios team said: Development of next-generation wireless networks will be a key trend for market growth. As mobile communication devices are gaining traction, the network traffic is rapidly increasing. This is leading to an increase in the deployment of next-generation wireless networks such as 3G, 4G, and 5G. These technologies offer wireless connection similar to home broadband connections. This, in turn, increases the number of users accessing the internet from anywhere, at any time.”

Browse full report with TOC@ https://marketreportscenter.com/reports/383374/global-baseband-processor-market-2016-2020

According to the report, at the end of 2013, Chinese government issued 4G licenses to three major telecom operators, namely China Mobile with frequency spectrum of 1880MHz-1900MHz, 2320MHz-2370MHz, and 2575MHz-2635MHz bands; China Telecom with frequency spectrum of 2370MHz-2390MHz and 2635MHz-2655MHz; and China Unicom with frequency spectrum of 2300MHz-2320MHz, marking the beginning of China's high-speed mobile network. The purpose of issuance of a 4G license by the Ministry of Industrial Information Technology (MIIT) is to increase consumer spending on information technology. Also, the launch of 4G is likely to drive the retail sales of smartphones. Hence, many smartphone manufacturers are launching 4G smartphones to grab this opportunity. This has also led to a decline in the prices of 3G smartphones, which in turn, propelled the sales of 3G smartphones in China. This factor will be a key driver for market growth, driving the demand for baseband processors.

Further, the report states that one of the major challenges for the existing vendors in...