The Global Market for Long Term Evolution (LTE) Infrastructure is Projected to Reach US$45.8 Billion by 2020

Network Expansions by Telecom Operators to Drive Demand for LTE Infrastructure, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Long Term Evolution (LTE) Infrastructure. The global market for Long Term Evolution (LTE) Infrastructure is projected to reach US$45.8 billion by 2020, driven by planned network expansions among telecom operators to accommodate high bandwidth services.

Given its ability to deliver high speed mobile broadband data services across wireless networks, LTE has been experiencing widespread acceptance among telecom operators worldwide. Despite being a relatively new technology, LTE network has already made its mark and is even overshadowing its close competitor, WiMAX in the high-speed mobile broadband market. While first-release LTE standard has already achieved considerable penetration in Pre-4G network landscape, the new LTE-Advanced network technology is now gaining significant traction in the 4G network market. Capable of providing peak data speed of 1.2 GB, LTE-Advanced as a true 4G technology, allows delivery of bundled services i.e., voice, data and video services over high-speed wireless mobile broadband network at affordable prices. While LTE itself was designed to support high-definition video streaming services, LTE Advanced takes it a step further and provides tremendous enhancement in internet speeds that allows delivery of data hungry applications such as HD video streaming services, mobile based video conferencing, Voice over LTE (VoLTE) and Evolved Multimedia Broadcast Multicast Service (eMBMS) services.

LTE subscriptions are poised to experience explosive growth in the coming years driving operator investments on LTE network expansions and on LTE infrastructure systems. Having accounted for a share of about 8.4% of total mobile broadband subscriptions in 2014, LTE subscriptions are expected to gain further traction in the coming years and account for 35% of overall mobile broadband subscriptions by 2019. Against this backdrop, network operators are expected to accelerate their LTE network launches. Commercial LTE Network launches are expected to grow to about 450 networks by 2015. LTE Advanced, which already boasts of over 49 deployments until 2014, is expected to account for close to 100 deployments by 2015 and emerge as the de-facto standard for high speed mobile data communication. With a large number of operators expected to launch LTE Advanced networks using carrier aggregation in the near future, LTE infrastructure is set for considerable growth.

As stated by the new market research report on Long Term Evolution (LTE) Infrastructure Asia-Pacific represents the largest as well as the fastest growing market with operator spending on for LTE infrastructure waxing at a CAGR of 44.9% over the analysis period. The growth in the region is led by soaring demand for high speed mobile data services amidst rapid proliferation of mobile handsets particularly high-end smartphones and strong governmental initiatives to establish a well-developed communication infrastructure.

Major players covered in the report include Alcatel-Lucent, AT&T Inc., China Mobile Limited, Cisco Systems, Ericsson, Huawei Technologies Co. Ltd., KT Corp., Nokia Solutions and Networks, Qualcomm Incorporated, SK Telecom Co Ltd., Sprint Nextel Corporation, Telenor ASA, Telstra Corporation Limited and ZTE Corporation, among others

The research report titled “Long Term Evolution (LTE) Infrastructure: A Global Strategic Business Report”, announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, mergers, acquisitions, product launches and other strategic industry activities of major players worldwide. The report provides market estimates and projections in US dollars for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, South Korea and Rest of Asia-Pacific), Latin America and Rest of World.