Lte Market

In telecommunications, long-term evolution is a standard for wireless broadband communication for mobile devices and data terminals. LTE connection is used for high-speed data on mobile phones and data terminals. Demand for mobile data and broadband services is growing at a fast pace, fuelled by an increase in smartphones and consumer applications. Various technologies under LTE include LTE–FDD, TD-LTE, and LTE Advanced. Components of LTE comprise LTE infrastructure, chipsets, terminal equipment (module, phone, router, tablet and USB modem), network services, and LTE testing equipment.

Market Dynamics

There is a massive demand for high-speed wireless networks, owing to a significant rise in global bandwidth consumption. The need for online communications has gained momentum across all demographics and human activity areas with blogs, texting, podcasts, instant messaging, personal networking sites, etc. LTE is an IP data network that offers enhancements to existing mobile technologies and enables operators the capacity and speed to handle a rapid increase in data traffic. LTE provides higher data rates as compared to competing technologies by using radio waves in the same bandwidth. LTE can be used for wireless internet access, access to rich content, and multimedia applications such as videos, movies, e-learning, downloads of large files, and HD-multimedia content at higher uplink and downlink speeds. Therefore, these factors are expected to drive growth of the global LTE market during the forecast period. Many operators in Asia Pacific are making massive investments in network infrastructure. Emergence of low-cost headsets manufactured in China has led to increase in mobile data consumption in the region. This, in turn, has increased the demand for LTE networks in Asia Pacific. For instance, in 2010, CSL Ltd. introduced LTE in Hong Kong and Japan. The company now plans to cover 70% of the Japanese population by 2015. With China Mobile’s planned large-scale launch in China and SoftBank in Japan, Bharti Airtel and Reliance Communications in India launching their networks, Asia Pacific is a driver for huge infrastructure spending by network operators. Hence, these factors are expected to propel the global LTE market growth in the near future.

Market Taxonomy

This report segments the Global LTE Market on the basis of Technology, Component, Services and Applications and Region. On the basis of Technology, Global LTE Market is segmented into LTE –FDD, TD-LTE or LTE-TDD and LTE Advanced. On the basis of Component, the Global LTE Market is segmented into Infrastructure, Chipsets, Terminal Equipment, LTE Testing Equipment and Network service providers. On the basis of Services and Applications, the Global LTE Market is segmented into Mobile Cloud Services, M2M and Connected Devices, P2P messaging, Browsing, Public Safety LTE, Games, TV/Video-on-Demand, Music, M-commerce and VoLTE. On the basis of region, Global LTE Market is segmented into North America, Europe, Asia pacific and Rest of the World.

Key features of the study:

• This report provides an in-depth analysis of the Global LTE Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global LTE Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the Global LTE Market includes AT&T Inc., Huawei Technologies Co. Ltd., Verizon Wireless, Nokia Solutions and Networks B.V., Sprint Corporation, Alcatel-Lucent, T-Mobile US Inc., LM Ericsson, China Mobile Ltd., and Bharti Airtel Ltd.
• These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global LTE market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global LTE Market

Detailed Taxonomy:

• Global LTE Market, By Technology:
• LTE -FDD
• TD-LTE or LTE-TDD
• LTE Advanced
• Global LTE Market, By Components:
• Infrastructure
• Chipsets
• Terminal Equipment
• LTE Testing Equipment
• Network service providers
• Global LTE Market, By Services and Applications:
• Mobile Cloud Services
• M2M and Connected Devices
• P2P messaging
• Browsing
• Public Safety LTE
• Games
• TV/Video-on-Demand
• Music
• M-commerce
• VoLTE
• Global LTE Market, By Region:
• North America
• Europe
• Asia Pacific
• Rest of the World
• Company Profiles
• AT&T Inc.
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Huawei Technologies Co. Ltd.
• Verizon Wireless
• Nokia Solutions and Networks B.V.
• Sprint Corporation
• Alcatel-Lucent
• T-Mobile US Inc.
• LM Ericsson
• China Mobile Ltd.
• Bharti Airtel Ltd.

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