[May 30, 2013]

Research and Markets: Global Mobile Broadband Modem Market 2012-2016 with Novatel Wireless Inc., Sierra Wireless Inc., and ZTE Corp. Dominating

Research and Markets (http://www.researchandmarkets.com/research/x5gqss/global_mobile) has announced the addition of the "Global Mobile Broadband Modem Market 2012-2016" report to their offering.

Analysts forecast the Global Mobile Broadband Modem Market to grow at a CAGR of 14.62 percent over the period 2012-2016. One of the key factors contributing to this market growth is the high adoption of mobile devices. The Global Mobile Broadband Modem Market has also been witnessing availability of 3G and 4G supporting modems. However, the increasing availability of mobile hotspot routers could pose a challenge to the growth of this market.

Key vendors dominating this space include Huawei Technologies Co. Ltd., Novatel Wireless Inc., Sierra Wireless Inc., and ZTE (News - Alert) Corp

Other vendors mentioned in the report are AnyDATA Corp., Franklin Wireless Corp., Motorola Solutions Inc., NetComm Wireless Ltd., and Samsung (News - Alert) Electronics Co. Ltd.

Commenting on the report, an analyst from the Telecom team said: ''Currently, mobile broadband modem providers are offering modems with 3G and 4G network connectivity. This helps in providing uninterrupted 3G or 4G connectivity for the end-users. Moreover, service providers are offering 3G and 4G services at competitive rates to increase the acceptance of these services among end-users and improve their competitiveness. Furthermore, 3G and 4G services offerings are likely to attract individual consumers that require advanced connectivity in their devices. Therefore, the availability of modems that support 3G and 4G networks is a positive trend that will spur the growth of the Global Mobile Broadband Modem market during the forecast period.''

According to the report, one of the main drivers in this market is the high adoption of laptops and tablet computers. Since these devices are widely used for personal and professional purposes, the need for mobile broadband connectivity increases. Mobile broadband modems offer the dual advantage of internet connectivity with mobility. Hence, these factors will increase the demand for mobile broadband modems during the forecast period.

For more information visit http://www.researchandmarkets.com/research/x5gqss/global_mobile

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