NEW YORK, November 23, 2016 /PRNewswire/ -- Global 4G (LTE) Devices Market Value to Increase from US$ 344.8 Bn in 2016 to US$ 926.1 Bn by 2024; Asia Pacific Regional Market to Register a CAGR of 17.1% between 2016 and 2024. Persistence Market Research delivers key insights on the global 4G (LTE) devices market in a new publication titled " Global Market Study on 4G (LTE) Devices: Single Brand Store Distribution Channel Segment Expected to Witness Significant Growth Between 2016 and 2024" In terms of value, the global 4G (LTE) devices market is projected to register a healthy CAGR of 13.1% during the forecast period owing to various factors, regarding which Persistence Market Research offers vital insights in detail. (Logo: http://photos.prnewswire.com/prnh/20161114/438683LOGO ) Drivers and trends impacting the 4G (LTE) devices market Consumers are increasingly becoming inclined towards technological advancements in networking solutions and are adopting devices that operate smoothly and with intelligent features. The features in devices such as low network latency rate, better battery backup, and screen resolution are attracting consumers to switch to 4G (LTE) devices thus fueling the demand for 4G (LTE) devices worldwide. Convenience, affordability, and attractive data packages offered by network operators in collaboration with device manufacturers are factors encouraging consumers to try 4G (LTE) devices. This, in turn, is increasing the penetration of 4G (LTE) devices globally. Device manufacturers at international and domestic levels are playing an important role in the global 4G (LTE) devices market by innovating in different ways. For instance, manufacturers are collaborating with network providers to provide a better service and make it more affordable for their customers. Government initiatives in some regions to encourage deployment of advanced network data consumption is impacting the global 4G (LTE) devices market positively. Traffic for online high-quality video content is increasing, making consumers opt for advanced network operating devices featuring high-speed data. Besides other factors, increasing data consumption per person per day is anticipated to drive revenue growth of the global 4G (LTE) devices market.