Global LTE Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
Albany, NY -- (SBWIRE) -- 02/13/2017 -- The world of communications is changing. Emergence of smartphones has led to an evolution of networks from being voice-centric to data-centric, delivering pervasive connectivity. LTE, an initial of Long Term Evolution and marketed as 4G LTE, is a wireless communication standard for high-speed data for data terminals and mobile phones.
LTE technology reduces the cost per gigabyte with enhanced capacity per site. Demand for mobile data and broadband services is growing at a fast pace, but operators are facing challenges in attempt to capture this value. Operators are reassessing the build-out of infrastructure, and thus their choice of infrastructure vendor.
Initial build-out of larger, macro-base stations is now being improved by small base stations. As LTE matures, and LTE Advanced comes to the fore, semiconductor vendors are expected to gear up for devices that can support a complex mix of networks, frequency bands and performance.
There is need for resolution of substantial capacity constraints, while conquering profitability issues in the current pricing composition. With huge growth in mobile data demand (including smartphone and mobile broadband), there is substantial need for spectrally efficient technology and shifting business models for monetizing mobile data across the customer base.
The requirement of improved data speed, demand for bandwidth and rising data-hungry applications and services have driven the demand for LTE networks. LTE network deployments are progressing with several countries in North America, Asia Pacific and Europe already operating LTE networks. Simultaneously, the wireless world is moving towards smart devices.
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The research report titled "LTE Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019" provides in-depth analysis of the global market based on technology, components of LTE environment, services and applications offered on LTE networks and major geographies during the forecast period, 2013 to 2019. The report provides complete understanding of factors driving and restraining market growth, potential growth opportunities, and prevailing trends behind the popularity of LTE.
The research report provides market estimates and forecast for all the market segments and explains the impact of various factors on these segments. The report identifies the major stakeholders in the LTE market including the suppliers, OEMs, network equipment vendors, network infrastructure integrators, service providers (carriers), chipset vendors, user equipment manufacturers, software/application providers and end-users (customers).
The major technologies discussed in this report include LTE FDD, TD-LTE and LTE Advanced. The market is also segmented based on the components of LTE environment including LTE infrastructure, chipsets, terminal devices, network service providers and LTE testing equipments. Further, the report provides analysis of market based on services and applications provided on LTE networks including browsing, games, M2M and connected devices, m-commerce, mobile cloud services, music, P2P messaging, public safety LTE, TV/video-on-demand and VoLTE.