The
global LTE market is expected to be worth $610.71 billion by 2019,
with a CAGR of 78.6% from 2013 through 2019. These are the findings
of a market report published by Transparency Market Research, a
U.S.-based market intelligence firm. The report is titled “Global
LTE Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast, 2013 – 2019”.
Browse
the full report with TOC at Global LTE Market
http://www.transparencymarketresearch.com/lte-market.html
Long
Term Evolution (LTE), mainly marketed as 4G LTE, is a wireless
communication technology that reduces the cost per gigabyte with
capacity per site. The need for this technology is driven by aspects
such as increased data usage, growing needs for greater spectral
efficiency and higher data rates, high deployments of smart
technology devices, and the basic need for high quality of services.
Such are the important reasons driving the growth of the LTE market
across the globe. The market is also fuelled by increased adoption of
large-scale adoption of LTE and public safety by operators,
especially in Asia Pacific.
Although,
the demand for broadband services and mobile data connections is
boosting the growth of this market, but operators are facing critical
challenges in the attempt to capture this technology and its value.
However, the market shows substantial need for LTE technology and
shifting business models for mobile data across the global customer
base. Also, while conquering profitability problems in the pricing
composition, there comes a need for steadfastness solutions to
capacity constraints.
This
study report provides in-depth analysis of the components of LTE
environment, global market based on technology, different services
and applications based on LTE networks and other major geographies
during the forecast period, 2013 to 2019. Some of the major
technologies included in this report are LTE FDD, TD-LTE and LTE
Advanced. LTE-FDD (Long Term Evolution Frequency Division Duplex)
held a market share of 56.8% in 2012. Subsequently, the market for
LTE Advanced is expected to grow at a CAGR of 175.0% in the forecast
due to the planned launch of LTE Advanced by key industry operators.
The
market’s segmentation in terms of LTE components includes chipsets,
LTE infrastructure, network service providers, terminal devices, and
LTE testing equipment. In addition, the market analysis based on LTE
network services and applications includes M2M and connected devices,
browsing, games, mobile cloud services, m-commerce, music, public
safety LTE, P2P messaging, VoLTE, and TV/video-on-demand.
Request
for customization of this report
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1757
Growth
in the Voice over LTE (VoLTE) market is propelled by increased demand
for voice and messaging services over LTE operators and networks.
VoLTE market is expected to rise with a CAGR of 123.5% during the
forecast period. These growth factors are a realization that
standalone data networks are insufficient to help meet customer
expectations.
Considering
the LTE infrastructure industry globally, the market is augmented to
rise at a CAGR of 61.6% between 2013 and 2019.
Browse
Press Release LTE Market
http://www.transparencymarketresearch.com/pressrelease/lte-market.htm
Some
of the notable geographies analyzed by this study report include
competitive landscapes like North America, Europe, Asia Pacific, and
Rest of the World (RoW). These are the most prominent regional
players in the global LTE market, since 2012.
Of
all, North America represented to be the largest market for LTE
networks and services in 2012. It was valued at $5.36 billion in the
same year. The growth in this region was mainly incited by the
reducing prices of LTE in comparison to 3G network. According to the
study, Asia Pacific is predicted to surpass North America’s LTE
market by 2015. This is due to the increasing demand for high-speed
wireless data and cost on infrastructure by operators, especially, in
India, China, Japan, and South Korea. Asia-Pacific is predicted to
rise at a CAGR of 88.7% between 2013 and 2019, and mark a size of
$244.29 billion by 2019.
Browse
all Technology & Media Market Research Reports @
http://www.transparencymarketresearch.com/technology-market-reports-8.html
About
Us
Transparency
Market Research is a global market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. We are
privileged with highly experienced team of Analysts, Researchers, and
Consultants, who use proprietary data sources and various tools and
techniques to gather, and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Sheela
AK
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment