Long-Term Evolution (LTE) Market - Forecasts from 2018 to 2023
The global long term evolution (LTE) market was valued at US$5.302 billion in 2017 and is expected to reach US$50.102 billion in 2023 growing at CAGR of 45.40% during the forecast period. According to Internet World Stats, the number of internet users have increased from 1,574 million in 2008 to 4,156 million in 2017 with internet penetration rate increased from 23.5% in 2008 to 54.4% in 2017. With increasing internet penetration rate across the globe, the need for advanced wireless technology is surging among the population so as to get better connectivity. Long Term Evolution (LTE) is a standard for 4G wireless broadband technology that offers increased network capacity and speed to wireless device users. It is a technology that offers higher peak data transfer rates- up to 100 Mbps downstream and 30 Mbps upstream, reduced latency, scalable bandwidth capacity and backward-compatibility with existing GSM (Global System for Mobile) and UMTS (Universal Mobile Telecommunications System) technology.
Rapid urbanization, fast industrial growth and advancement in communication technology are leading the way for advanced wireless networks and solutions. Rising trend of automation and smart factories in a number of industries such as automotive, manufacturing, and etc. are boosting the demand for fast and high-speed internet services. This, in turn, is compelling service providers to invest in new wireless technologies to improve the network services across the globe. The key players are increasingly investing in LTE technology so as to provide high-speed data services to the users. For an instance, in April 2016, 3 Sweden invested in TD-LTE- Advanced mobile broadband technology to enhance quality of service in Sweden. In February 2017, Vodafone heavily invested in the deployment of 4G LTE networks in India. The company awarded $300 million contract to Ericsson to deploy 4G services in different telecom zones such as UP West, Rajasthan, Odisha, Assam, and North East.
However, lower internet penetration rate in some regions such as Sub Saharan Africa due to lack of network infrastructure can restrain the growth of LTE market.
By Mode
By technology, the global long term evolution (LTE) market has been segmented as LTE-FDD (long-term evolution frequency dividion duplex) and LTE-TDD (long term evolution time division duplex). LTE-TDD is deployed more often in emerging markets partly because it is more suitable than LTE-FDD for broadband wireless access (BWA), which is in strong demand in emerging regions. The relatively low-level of deployment of LTE-TDD in developed regions such as Europe is either “spectrum crunch” does not exist in these regions or it has been mitigated by the release of substantial amounts of paired spectrum by national regulatory (NRAs) to operators, including licensing for the use of 700 MHz and 800 MHz digital dividend licenses.
By Application
By Application, the global long term evolution (LTE) market has been segmented as Audio/Video Telephony, Live TV, Browsing, Gaming, Sharing. Audio/Video Telephony holds a significant market share owing to the burgeoning demand of on demand videos, video chat and better voice services by the users. VOLTE support many callers and reallocate bandwidth as required.
By Geography
Geographically, the Global Long-term evolution (LTE) market is segmented as North America, Europe, Middle East & Africa, Asia-Pacific and South America. Asia Pacific is expected to grow at an impressive rate owing to the increasing LTE investments in this region. Currently, South Korea holds a major share in the market has the best LTE penetration with approximately 97% of the country covered by LTE service.
Competitive Intelligence
The global Long-term evolution (LTE)is competitive owing to the presence of well diversified global and regional players. The key players are ZTE, SAMSUNG, FUJITSU, Cisco, QualcoMM, Aricent Inc., Nokia, Motorola Solutions, Inc., HUAWEI, Ericsson, Alcatel-Lucent, and Juniper Networks among others.
Segmentation
The global long-term evolution (LTE) has been analyzed through following segments:
Segmentation
Live TV
Browsing
Gaming
Sharing
Rapid urbanization, fast industrial growth and advancement in communication technology are leading the way for advanced wireless networks and solutions. Rising trend of automation and smart factories in a number of industries such as automotive, manufacturing, and etc. are boosting the demand for fast and high-speed internet services. This, in turn, is compelling service providers to invest in new wireless technologies to improve the network services across the globe. The key players are increasingly investing in LTE technology so as to provide high-speed data services to the users. For an instance, in April 2016, 3 Sweden invested in TD-LTE- Advanced mobile broadband technology to enhance quality of service in Sweden. In February 2017, Vodafone heavily invested in the deployment of 4G LTE networks in India. The company awarded $300 million contract to Ericsson to deploy 4G services in different telecom zones such as UP West, Rajasthan, Odisha, Assam, and North East.
However, lower internet penetration rate in some regions such as Sub Saharan Africa due to lack of network infrastructure can restrain the growth of LTE market.
By Mode
By technology, the global long term evolution (LTE) market has been segmented as LTE-FDD (long-term evolution frequency dividion duplex) and LTE-TDD (long term evolution time division duplex). LTE-TDD is deployed more often in emerging markets partly because it is more suitable than LTE-FDD for broadband wireless access (BWA), which is in strong demand in emerging regions. The relatively low-level of deployment of LTE-TDD in developed regions such as Europe is either “spectrum crunch” does not exist in these regions or it has been mitigated by the release of substantial amounts of paired spectrum by national regulatory (NRAs) to operators, including licensing for the use of 700 MHz and 800 MHz digital dividend licenses.
By Application
By Application, the global long term evolution (LTE) market has been segmented as Audio/Video Telephony, Live TV, Browsing, Gaming, Sharing. Audio/Video Telephony holds a significant market share owing to the burgeoning demand of on demand videos, video chat and better voice services by the users. VOLTE support many callers and reallocate bandwidth as required.
By Geography
Geographically, the Global Long-term evolution (LTE) market is segmented as North America, Europe, Middle East & Africa, Asia-Pacific and South America. Asia Pacific is expected to grow at an impressive rate owing to the increasing LTE investments in this region. Currently, South Korea holds a major share in the market has the best LTE penetration with approximately 97% of the country covered by LTE service.
Competitive Intelligence
The global Long-term evolution (LTE)is competitive owing to the presence of well diversified global and regional players. The key players are ZTE, SAMSUNG, FUJITSU, Cisco, QualcoMM, Aricent Inc., Nokia, Motorola Solutions, Inc., HUAWEI, Ericsson, Alcatel-Lucent, and Juniper Networks among others.
Segmentation
The global long-term evolution (LTE) has been analyzed through following segments:
Segmentation
- By Mode
- FDD (Frequency Division Duplex)
- TDD (Time Division Duplex)
- By Technology
- LTE OFDM (Orthogonal Frequency Division Multiplex)
- LTE MIMO (Multiple Input Multiple Output)
- LTE SAE (System Architecture Evolution)
- By Application
Live TV
Browsing
Gaming
Sharing
- By End User Device
- Smartphones
- Tablets
- Laptops
- By Geography
- North America
- U.S.
- Canada
- Mexico
- Others
- South America
- Brazil
- Others
- Europe
- UK
- Germany
- France
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia-Pacific
- Japan
- China
- India
- Australia
- Others
1. INTRODUCTION
2. RESEARCH METHODOLOGY
2.1. Research Process And Design
2.2. Research Assumptions
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL LTE MARKET BY MODE
5.1. FDD (Frequency Division Duplex)
5.2. TDD (Time Division Duplex)
6. GLOBAL LTE MARKET BY TECHNOLOGY
6.1. LTE OFDM (Orthogonal Frequency Division Multiplex)
6.2. LTE MIMO (Multiple Input Multiple Output)
6.3. LTE SAE ( System Architecture Evolution)
7. GLOBAL LTE MARKET BY APPLICATION
7.1. Audio/Video Telephony
7.2. Live TV
7.3. Browsing
7.4. Gaming
7.5. Sharing
8. GLOBAL LTE MARKET BY END USER DEVICE
8.1. Smartphones
8.2. Tablets
8.3. Laptops
9. GLOBAL LTE MARKET BY GEOGRAPHY
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.1.3. Mexico
9.1.4. Others
9.2. South America
9.2.1. Brazil
9.2.2. Others
9.3. Europe
9.3.1. UK
9.3.2. Germany
9.3.3. France
9.3.4. Others
9.4. Middle East And Africa
9.4.1. Saudi Arabia
9.4.2. UAE
9.4.3. Israel
9.4.4. Others
9.5. Asia Pacific
9.5.1. Japan
9.5.2. China
9.5.3. India
9.5.4. Australia
9.5.5. Others
10. COMPETITIVE INTELLIGENCE
10.1. Market Share of Key Players
10.2. Investment Analysis
10.3. Recent Deals
10.4. Strategies of Key Players
11. COMPANY PROFILES
11.1. ZTE Corporation
11.2. FUJITSU
11.3. Nokia
11.4. Cisco
11.5. Qualcomm
11.6. NEC Corporation
11.7. Huawei
11.8. Aricent Inc
11.9. AT&T
11.10. T-Mobile
11.11. Verizon
11.12. Alcatel-Lucent
11.13. Samsung
11.14. Ericsson
11.15. LG
List Of Figures
List Of Tables
2. RESEARCH METHODOLOGY
2.1. Research Process And Design
2.2. Research Assumptions
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL LTE MARKET BY MODE
5.1. FDD (Frequency Division Duplex)
5.2. TDD (Time Division Duplex)
6. GLOBAL LTE MARKET BY TECHNOLOGY
6.1. LTE OFDM (Orthogonal Frequency Division Multiplex)
6.2. LTE MIMO (Multiple Input Multiple Output)
6.3. LTE SAE ( System Architecture Evolution)
7. GLOBAL LTE MARKET BY APPLICATION
7.1. Audio/Video Telephony
7.2. Live TV
7.3. Browsing
7.4. Gaming
7.5. Sharing
8. GLOBAL LTE MARKET BY END USER DEVICE
8.1. Smartphones
8.2. Tablets
8.3. Laptops
9. GLOBAL LTE MARKET BY GEOGRAPHY
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.1.3. Mexico
9.1.4. Others
9.2. South America
9.2.1. Brazil
9.2.2. Others
9.3. Europe
9.3.1. UK
9.3.2. Germany
9.3.3. France
9.3.4. Others
9.4. Middle East And Africa
9.4.1. Saudi Arabia
9.4.2. UAE
9.4.3. Israel
9.4.4. Others
9.5. Asia Pacific
9.5.1. Japan
9.5.2. China
9.5.3. India
9.5.4. Australia
9.5.5. Others
10. COMPETITIVE INTELLIGENCE
10.1. Market Share of Key Players
10.2. Investment Analysis
10.3. Recent Deals
10.4. Strategies of Key Players
11. COMPANY PROFILES
11.1. ZTE Corporation
11.2. FUJITSU
11.3. Nokia
11.4. Cisco
11.5. Qualcomm
11.6. NEC Corporation
11.7. Huawei
11.8. Aricent Inc
11.9. AT&T
11.10. T-Mobile
11.11. Verizon
11.12. Alcatel-Lucent
11.13. Samsung
11.14. Ericsson
11.15. LG
List Of Figures
List Of Tables
