Lte Market Key Trends, Vendor Strategies, Industry Analysis and Forecast to 2020

LTE Market Size, Share, Trends, Company Profiles, Demand, Insights,

Analysis, Research, Report, Opportunities, Segmentation and Forecast To

2020

4G LTE (Long Term Evolution) is the most recent technology in the market that offers about 10x

the speeds of 3G networks. This report presents a market update for LTE cellular network

deployments along with LTE subscription forecasts for the next five years.

The LTE market revenue is projected to reach $996 billion by 2020 growing at a CAGR of over

58.3%. Growing need for higher data speed, superior spectral effectiveness, and reduced costs of

long-term infrastructure are the major driving factors of the market. Moreover, LTE

implementation in public sectors like public safety as well as in security & defense is also

driving the market growth.

The LTE-FDD market generated the highest revenue in 2012. However, the LTE TDD market is

said to be generating biggest revenue by 2020 mainly because of its quick & cost-effective

solutions.

Browse the full “LTE Market” report at:

http://www.radiantinsights.com/research/worldwide-lte-market-update-and-subscriptionforecasts

The application segment is further divided into Public Safety LTE, M2M & Connected Device,

VoLTE, Defense & Security Browsing, Surveillance & Large Enterprise, and Video on Demand.

Currently, the ‘Browsing, Surveillance & Large Enterprise’ is the maximum revenue generating

segment and is said to have the highest market share by 2020. Increased security concerns and

growing preference for IP-based supervision system are the major driving factors. Increased

high-speed browsing facility requirements are the main reason for the extensive LTE use in

browsing. But, Defense & Security segment is expected to witness a rapid growth at a CAG rate

of 68% during the forecast period.

The market is geographically segmented into Europe, North America, Asia-Pacific, and RoW

(Rest of the World). At present, North America accounts for almost half of the total LTE market

share....