Tuesday, May 13, 2014

Global LTE Market (TDD, FDD, LTE Advance) - Global Opportunity Analysis and Forecast - 2012-2020 By Big Market Research

4G LTE is the latest technology in the mobile broadband market. LTE can provide a data speed of up to 30 Mbps and LTE Advance can even provide a speed of 100 Mbps. LTE market is at a developing stage and is the market revenue is expected to soar as high as $997 billion by 2020, with a projected CAGR of 58.2% during 2013-2020. The global LTE market is analyzed based on geographical regions, (North America, Europe, Asia Pacific and RoW) reveals that Asia Pacific possesses the highest potential and is expected to generate highest revenue by 2020.
Increased need for higher data rates and greater spectral efficiency are the primary factors driving the market growth. Implementation of LTE in the public sectors such as public safety as well as in defense and security is further driving the market exponentially. These applications require high-speed communication at times of emergency and therefore LTE is the best-suited network to feed this need. Furthermore, changing customer preferences and rising demand for high-speed mobile broadband in Asia Pacific region has created a huge potential in the APAC market. Telecom operators have planned highest number of LTE installations in these developing countries.  


LTE Technology Market Analysis
Global LTE market is segmented into LTE FDD, LTE TDD and LTE Advance. In 2012, LTE-FDD Market had generated highest revenue, however it is forecast that LTE TDD market would be generating largest revenue by 2020. Quick and cost effective solutions of LTE TDD over LTE FDD are the primary reasons for this market shift. LTE Advance is expected to be the fastest growing market during the analysis period 2013-2020. LTE Advance would grow at such significant rate due to its ability to provide higher bitrates in system.
LTE Application Market Analysis

The application market is segmented into M2M and Connected Device, Public Safety LTE, VoLTE, Video on Demand, Defense and Security and “browsing, surveillance and large enterprise”. In the current scenario, browsing, surveillance and large enterprise is the highest revenue generating market. This segment would continue to have the highest share in the market by 2020. Increased awareness about advantages of IP based surveillance system and increased security concerns are driving factors for growth LTE usage in IP surveillance systems. Need for high speed browsing facility is the primary reason for extensive use of LTE in browsing. However, Defense and Security would be the fastest growing market at a CAGR of 68.8% throughout 2013-2020. 

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