India 4G LTE Data Card market recorded a substantial triple digit growth in CY 1Q 2015 over the same quarter previous year-6Wresearch
Aug, 2015
Rising demand for internet connectivity coupled with reduction in telecom tariffs has spurred the market for the 4G Data Card devices in India. Additionally, provision of LTE based data cards, primarily due to the recent implementation of 4G services in the country have further boosted the India 4G Data Card market.
According to 6Wresearch, India 4G Data Card market shipments value reached $3.5 million for CY 1Q 2015. The market registered a substantial triple digit growth of around 179% in CY 1Q 2015 over the same quarter previous year. Some of the key players in the India 4G Data Card market are ZTE, Huawei and Alcatel. During the first quarter of 2015, ZTE endured its market leadership in the India 4G Data Card market compared to 1Q 2014.
Key Highlights
- ZTE model no. MF-825A led the market in terms of unit shipments
- Huawei and ZTE together captured around 87% market share
- In the Chipset segment, Qualcomm registered lion share of the market
According to Anuj Mehrotra (Research Analyst, 6Wresearch-India Electronics Division)”In the India Data Card market, 4G Data Cards experienced an abrupt rise in demand among the Indian consumers. Over the coming quarters, India 4G Data Card market is expected to demonstrate tremendous growth opportunities due to the declining ownership cost and rising consumer awareness”.
Further, “Over the period of time, wireless connectivity has become an indispensable part of the lives of the Indian consumers and especially amongst the youth. India Data Card market which was previously commanded by 3G/2G devices is now experiencing a paradigm shift towards the 4G/LTE Data cards devices”.
Continuous technological advancements and increasing need for high speed wireless connectivity are expected to drive the India Data Card market. However, Mobile Hotspot remains the major hindrance in the growth of India 4G Data Card Market. India 4G Data Card Market Tracker CY 1Q’ 2015 provides in-depth analysis and insights on the market share of vendors & models, avg. FOB & market price and revenue by vendors and models.
