Global LTE Subscriptions to Surpass 3 Billion by 2020 Finds New Market Research Report
Lewes, DE (PRWEB) June 16, 2014 -- With nearly 7 Billion mobile network subscriptions worldwide, global mobile penetration is fast approaching the 100% mark. Mobile broadband in particular is witnessing considerable growth. Recent research estimates that LTE subscriptions have already crossed the 200 Million mark.
LTE is estimated to account for nearly 320 Million subscriptions at the end of 2014. Driven by ongoing deployments, LTE penetration will significantly grow at a CAGR of 46% over the next 6 years. LTE connections will eventually represent more than 3 Billion subscriptions in 2020. Presently U.S, Japanese and South Korean wireless carriers are leading LTE subscriptions with a combined market share of 80%, driven by their early adoption of the technology.
Covering over 200 countries and 810 wireless carriers worldwide, the “Global 2G, 3G & 4G Wireless Subscriptions, Spectrum Licensing, Ownership & Infrastructure Contracts Database: 2014 - 2020” database tracks mobile network subscriptions, penetration, spectrum licensing, mobile infrastructure contracts and network ownership data. The database is delivered as a Microsoft excel file.
Report on Asia Pacific finds that LTE subscriptions will surpass 1.6 Billion at the end of 2020.
LTE continues to gain momentum throughout the Asia Pacific region, as wireless carriers aggressively invest in new infrastructure upgrades. Growing at a CAGR of nearly 50% over the next 6 years, LTE subscriptions are set to surpass 1.6 Billion in Asia by the end of 2020.
Covering over 44 countries and 170 wireless carriers in the Asia Pacific region, the “Asia Pacific 2G, 3G & 4G Wireless Subscriptions, Spectrum Licensing, Ownership & Infrastructure Contracts Database: 2014 - 2020” database tracks mobile network subscriptions, penetration, spectrum licensing, mobile infrastructure contracts and network ownership data. The database is delivered as a Microsoft excel file.
LTE subscriptions in Europe also to surpass 580 Million by 2020. The analyst said “LTE continues to gain momentum throughout Europe, as wireless carriers aggressively invest in new infrastructure upgrades. Growing at a CAGR of nearly 60% over the next 6 years, LTE subscriptions are set to surpass 580 Million in Europe by the end of 2020."
Covering over 59 countries and 220 wireless carriers in Europe, the “Europe 2G, 3G & 4G Wireless Subscriptions, Spectrum Licensing, Ownership & Infrastructure Contracts Database: 2014 - 2020” database tracks mobile network subscriptions, penetration, spectrum licensing, mobile infrastructure contracts and network ownership data. The database is delivered as a Microsoft excel file.
The research also finds that Africa and Middle East to reach 270 Million LTE subscriptions by 2020.
Growing at a CAGR of nearly 70% over the next 6 years, LTE subscriptions in the Middle East & Africa region are set to surpass 270 Million by the end of 2020.
Covering over 70 countries and 270 wireless carriers in Middle East & Africa, the “Middle East & Africa 2G, 3G & 4G Wireless Subscriptions, Spectrum Licensing, Ownership & Infrastructure Contracts Database: 2014 - 2020” database tracks mobile network subscriptions, penetration, spectrum licensing, mobile infrastructure contracts and network ownership data. The database is delivered as a Microsoft excel file.
North American LTE subscriptions to surpass 330 Million by 2020 which is growing at a CAGR of nearly 20% over the next 6 years, North American LTE subscriptions are set to surpass 330 Million by the end of 2020.
On the same line Latin & Central America LTE subscriptions is moving forward and according to report the market to surpass 317 Million by 2020 Growing at a CAGR of nearly 90% over the next 6 years, LTE subscriptions in the Latin & Central America region are set to surpass 317 Million by the end of 2020.
For detailed report please visit “Americas 2G, 3G & 4G Wireless Subscriptions, Spectrum Licensing, Ownership & Infrastructure Contracts Database: 2014 - 2020”.
For more reports related to LTE and 4G markets please visit http://www.marketresearchreports.com/4g-lte.
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