Efficient Spectrum Usage and Better Bandwidth Drives the Global 3GPP LTE Market, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on 3G Partnership Project (3GPP) Long Term Evolution (LTE). The global market for 3GPP LTE devices is projected to cross 624 million units, and the subscriber base is projected to reach 1.46 billion by 2018. Significant cost savings by mobile operators in terms of delivering megabytes of capacity through the deployment of LTE, which is capable of efficiently using available spectrum, is expected to emerge as a key contributing factor for the increasing operator adoption in the near future.

3G Partnership Project (3GPP) Long Term Evolution (LTE): A Global Strategic Business Report

Follow us on LinkedIn – By enabling more efficient bandwidth usage, LTE is capable of easing to a great extent, mobile operators’ troubles of insufficient capacity. LTE, with its potential of efficiently making use of the existing spectrum allocations to provide a higher bandwidth, saves mobile operators from shelling out for large and expensive spectrum swathes. LTE adoption is catching pace in countries across the world. Over 200 countries are planning to invest in LTE, in a big way, over the coming years. While technology trials and testing are going on in a few countries among them, in a major percentage of the countries there are solid plans of deploying LTE networks. Several operators in Europe and Asia have voiced intentions to launch LTE in the coming two years, in the likes of the initial head starters TeliaSonera and Verizon. In China, China Mobile and China Telecom are most likely to introduce LTE this year. Although HSPA will sustain its position as the mainstream network technology in the global mobile infrastructure market, with its capability of adequately meeting current and future capacity requirements, it is LTE which is touted to emerge as a much greater next generation network technology and attain a higher traction in a very short time.

3G Partnership Project (3GPP) Long Term Evolution (LTE) adoption has been increasing across the globe owing to the efficiencies provided by 3GPP LTE technology. While the transition from 2G to 3G was peppered with concerns regarding the financial viability of the latter in delivering the anticipated returns, it is not the case with 3G to 4G transition, and hence a relatively quicker transition is being reported. LTE adoption is hence increasing rapidly. From 64, the current number of installed commercial LTE networks globally, is thus forecast to increase and reach 128 by the end of 2012, translating into a very high growth rate for a very small time period.

LTE or Long Term Evolution has both been the standard choice and the most popular and widely adopted wireless standard for 4G wireless access lately. Globally, approximately 64 commercial LTE networks, in different forms are currently in place in 34 countries - representative of the networks increasing popularity. LTE has been successful in gaining such a huge popularity despite the strong presence of the competing technology, WIMAX. It all happened in 2010 when TD-LTE, an alternative LTE network, emerged as an ideal substitute for WiMAX in 4G. It is not just the requirement of unpaired spectrum allocations for both WiMAX and TD-LTE being the same, but several distinct advantageous features which helped the latter secure a strong place in the market dominated by WiMAX, and more importantly in a considerably short period of time. The outcomes provided by the 4G technologies HSPA+/LTE are far more predictable than WiMAX, enabling flawless handovers.

As stated by the new market research report on 3G Partnership Project (3GPP) Long Term Evolution (LTE), the market is presently largely concentrated in the US, owing to the ambitious rollout of network coverage by Verizon. However, the US, Europe, and Asia-Pacific regions are projected to be evenly paced by the year 2015, with the Asia-Pacific region racing away by the year 2018.

Major players in the global device marketplace include Apple Inc., Fujitsu Limited, High Tech Computer Corporation (HTC), Huawei Technologies Co. Ltd., Konka Group Co. Ltd., LG Electronics Inc., MobiWire SAS, Motorola Mobility Inc., Nokia Corporation, Panasonic Corporation, Research In Motion Limited, Samsung Electronics Co. Ltd., Sharp Corporation, Sony Mobile Communications AB, and ZTE Corporation.

The research report titled “3G Partnership Project (3GPP) Long Term Evolution (LTE): A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, and other strategic industry activities. The report provides market estimates and projections of 3GPP LTE subscribers in Thousands, and 3GPP LTE Devices in Thousand Units for major geographic markets including the US, Canada, Japan, Europe (Germany, Sweden, and Rest of Europe), Asia-Pacific, Latin America, and Rest of World.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/3G_Partnership_Project_3GPP_Long_Term_Evolution_LTE_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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