Major players are AT&T Inc, Ericsson, Huawei Technologies Co. Ltd, LG Electronics, Motorola Solutions Inc, Nokia Corporation, Samsung Electronics Co. Ltd, Verizon Communications Inc, Vodafone, ZTE Corporation and many more.
(PRWEB) March 29, 2014
The “Global LTE Market by Infrastructure (E-Utran, E Node B, EPC), End-User Devices (Smartphones, USB Modems, Card Modules, Netbooks), & Services (2010 – 2015)”, report provides extensive analysis, including current market trends, industry drivers, and challenges for better understanding of Market. The report includes the profiles of all the major players in this along with geographical analysis.
Browse market data tables and in-depth TOC of “Global LTE Market by Infrastructure (E-Utran, E Node B, EPC), End-User Devices (Smartphones, USB Modems, Card Modules, Netbooks), & Services (2010 – 2015)”
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The global LTE market is expected to grow from $2.28 billion in 2010 to $262.05 billion in 2015. This represents a compound annual growth rate (CAGR) of 158.2% from 2010 to 2015. The primary factor that drives the market is enhanced spectrum efficiency and reduced long term infrastructure cost. However, factors such as rising data traffic and emergence of new applications and devices are expected to further accelerate the LTE market. Players in this market can gain competitive advantages by adopting a network sharing strategy and moving onto hybrid networks.
MarketsandMarkets has defined the LTE (Long Term Evolution) market as a combination of infrastructure, end user devices, and services. LTE infrastructure market is further classified into E-UTRAN and eNodeB, EPC, and “Others” market. An LTE end-user device segment is further sub segmented into smartphones, USB modems, card modules, netbooks, and other devices. LTE services are further segmented into consulting, maintenance, integration, and other services.
Due to the current need for greater speeds of mobile broadband and rising applications, operators are in constant search for high speed network technologies. Users are keen to experience the desktop and television on their mobile devices along with real-time video conferencing, social networking, YouTube, and other high-bandwidth applications. This rising demand for more speed with enhanced user experience has created a stress on carrier networks to come up further with enhanced mobile networks which has given rise to LTE.
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