Second Generation or 2G technology is based on the global system for mobile communication (GSM) technology. 2G technology enables various networks to provide services such as picture messages, text messages, and MMS. In this technology, all text messages are numerally or digitally encrypted owing to which only the intended receiver receives message. These digital signals consume fewer battery power, thus it helps in saving the battery of mobiles. Third generation or 3G technology usually refers to the standard of accessibility & speed of mobile devices, which is set by the International Telecommunication Union (ITU). It enables use of many services for instance mobile television, GPS (Global Positioning System), and video conferencing. It provides services with better bandwidth & increased speed. These 2G & 3G technology differ in modulation scheme, technology architecture, protocol stack, and radio frequency. The 3G technology provides a high level of security compared to 2G because of its validation measures during communication.
According to study, “World 2G and 3G Switch Off Market Research Report 2024(Covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world 2G and 3G switch off market are AT&T, NTT Data Corp., Verizon, Deutsche Telekom AG, Telefonica, China Telecom, America Movil, China Mobile, Orange, KDDI Corp., T-Mobile, China Unicom, AIS, Telus, Bell Canada, Swisscom, Telenor, Korea Telecom, SK Telecom.
Based on type, 2G and 3G switch off market is segmented into natural shutdown, constrained shutdown, government or regulator action, mix of customer less than 2%, negative competitive positioning, reduce investment, anticipated shutdown and positive competitive positioning. Based on technology, market is segmented into 2G technology and 3G technology. In addition, based on application, market is segmented into voice, message, video and data.
The 2G and 3G switch off market is driven by increase in telecom density, followed by easy & cheaper availability of network equipment, higher spectral efficiency of Long-Term Evolution (LTE), rise in demand from small & medium enterprises (SMEs) & various industry verticals, growth in need for high speed data, rise in Internet of Things (IoT) equipment spending, high investments on building network strength and easy availability of skilled labor. However, 5G enabled devices, VOLTE technology, and decrease in cost for services may impact the market. Moreover, the Subject of M2M helps to shape strategies for network shutdown and 4G evolution appears to be a supportable technology for this segment are key opportunities for market. Furthermore, use 2G or 3G modules in the devices and IoT device maker are key trends for market.
Based on geography, Europe holds major share, followed by USA in 2G and 3G switch off market owing to rise in adoption of smart portable devices for instance smart phones & tablets in the corporate & residential sectors in the region. China and South East Asia are expected to witness higher growth rate due to rise in business voice services over the forecast period. The world 2G & 3G switch off market is valued at US $1374000 million in 2018 and is expected to reach US $1795500 million by the end of 2024, growing at a CAGR of approximately 4.6% between 2019 and 2024.
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Ankur Gupta, Head Marketing & Communications