Ongoing & Planned Commercial LTE Network Deployments to Drive Demand for LTE Infrastructure, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) November 06, 2013 -- Follow us on LinkedIn - Mobile data traffic has been recording unprecedented growth largely as a result of the increase in number of mobile Internet subscribers, and the rise in the adoption of Internet enabled data services and applications. Growing demand for bandwidth intensive premium data services is exerting significant pressure on existing 3G networks. With the endemic rise in multimedia downloads and uploads and growing demand for new and innovative data applications, even 3G network speeds are now rendered inadequate. Emerging to the forefront against this backdrop is 4G networks capable of transmitting wireless data, voice and video transmission at relatively faster rates in mobile environments. As compared to 3G, 4G services offers enhanced voice quality, faster data rates, mobile web access and supports a host of online applications like cloud computing, video conferencing, high-definition mobile TV and 3D television.
Mobile WiMAX 802.16e-2005 specification and first-release LTE standard have been widely regarded as key 4G technologies the world over. However, key unmet needs of these technologies have led to the development and emergence of LTE Advanced, which officially satisfies the ITU-R requirements. As a true 4G technology, LTE Advanced offers smooth handovers across different networks without data loss issues, offering high quality of service for next-gen media. LTE-Advanced enables users to enjoy bundled services i.e., voice, data and video services over high-speed wireless mobile broadband network at affordable prices. While WiMAX 802.16m Standard gained a head start due to its introduction into the market much before LTE, LTE-Advanced is expected to gain lead in the coming years.
Global market for LTE infrastructure will benefit from the continued rise in usage of mobile handsets, particularly smartphones. The market will also gain significant traction from the emergence of mobile cloud computing services, given the critical importance of high-speed, high quality mobile broadband connections required. Enterprise shift towards all-IP communications for general-purpose data transport as well as for voice and video communications also bode well for the market. As operators move rapidly towards trial and implementation of LTE infrastructure, vendors with a ready portfolio of LTE base stations that address diverse standards are particularly expected to emerge successful. The mobile backhaul segment is also expected to receive a major boost especially from EMEA and Asia-Pacific regions largely due to the growing focus on next generation mobile broadband technologies.
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 a CAGR of 77.4% over the analysis period. Growth in the region is led by rapid proliferation of mobile handsets, particularly high-end smartphones, and strong governmental initiatives to establish communications 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.
For more details about this comprehensive market research report, please visit
http://www.strategyr.com/Long_Term_Evolution_LTE_Infrastructure_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.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
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Web Site: http://www.StrategyR.com/
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Public Relations, Global Industry Analysts, Inc., http://www.StrategyR.com/, 408-528-9966, [email protected]
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