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2G and 3G Switch Off market to witness a CAGR of 4.6% during 2019-2024

Global 2G and 3G Switch Off Market

Market.Biz has added new report titled "Global 2G and 3G Switch Off Market Size to Expand at 4.6% CAGR through 2024" to his report database.

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Global 2G and 3G Switch Off Market analysis is provided for the World markets including development trends, competitive landscape analysis, and key regions development status. Global 2G and 3G Switch Off Market is specially distributed because of the presence of many medium, and huge range of players within the market.

Massive range of players present in the Aftermarket 2G and 3G Switch Off Market is also extremely competitive in nature.

Second Generation (2G) technology was launched in the year 1991 in Finland.

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It is based on the technology known as global system for mobile communication or in short we can say GSM. This technology enabled various networks to provide services like text messages, picture messages and MMS.

In this technology all text messages are digitally encrypted due to which only the intended receiver receives message. These digital signals consume less battery power, so it helps in saving the battery of mobiles.
3G technology generally refers to the standard of accessibility and speed of mobile devices. It was first used in Japan in the year 2001.

The standards of the technology were set by the International Telecommunication Union (ITU). This technology enables use of various services like GPS (Global Positioning System), mobile television and video conferencing.

It not only enables them to be used worldwide, but also provides with better bandwidth and increased speed.
A 4G system not only provides voice and other 3G services but also provides ultra-broadband network access to mobile devices. Applications vary from IP telephony, HD Mobile Television, video conferencing to gaming services and cloud computing.

One of the initial devices to access 4G network was USB wireless modem which was later followed by cellular phone with WiMax and LTE technology.

The global 2G and 3G Switch Off market is valued at 1374000 million USD in 2017 and is expected to reach 1795500 million USD by the end of 2023, growing at a CAGR of 4.6% between 2017 and 2023.

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Scope of the Report:
This report studies the 2G and 3G Switch Off market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the 2G and 3G Switch Off market by product type and applications/end industries.
Europe took the largest global revenue share in 2G and 3G Switch Off market, while the Asia Pacific region is expected to be the fastest growing market for 2G and 3G Switch Off services during the forecast period. The fast increasing adoption of smart portable devices such as tablets and smart phones in the corporate and residential sectors across the globe is the major factor driving the 2G and 3G Switch Off services market growth.
Business voice services are the driving force within the 2G and 3G Switch Off services market as the move to IP positively impacts cloud, trunking and managed services across all business segments. Larger enterprises in particular continue to actively evaluate cloud unified communications while also migrating to SIP trunking for premises-based deployments.
On the residential side, subscribers continue to grow, but revenue has fallen off as 2G and 3G Switch Off services are included in triple-play packages for almost no cost in many parts of the world.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of 2G and 3G Switch Off.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

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Market Segment by Companies, this report covers
AT&T
Verizon
China Mobile
NTT
Telefonica
Deutsche Telekom
America Movil
Orange
China Telecom
KDDI
China Unicom
AIS
T-Mobile
Bell Canada
Telus
Telenor
Swisscom
SK Telecom
Korea Telecom

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
2G
3G
4G

Market Segment by Applications, can be divided into
Message
Voice
Data
Video

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