Long Term Evolution (LTE) Market | Analysis 2019-2031

LTE Market Introduction

Connected devices reach is greater than ever and their continuing adoption is driving both business strategy and consumer behaviors. Long-term evolution (LTE) is an open 4G mobile communication standard—developed by Third Generation Partnership Project (3GPP)—that offers considerably better peak data rates, with the potential for 30 Mbps upstream and 100 Mbps downstream. In addition, LTE services enhance end user experience by offering superior connectivity which is anticipated to encourage more number of customers to take up these services.

Drivers and Restraints

With continuous increase in both number of connected devices and mobile Internet users, data traffic over the network has grown exponentially. Operators may need to revisit options for enhancement of network sharing techniques to cater to increasing demand for advanced connectivity solutions and services by end-users. This in turn, is encouraging operators to invest substantial amount on development of advanced connectivity solutions such as LTE, which is projected to drive the market growth during the forecast period. In addition, growing adoption of real-time communication solutions and services, increasing adoption of game consoles and video on demand services among end users are some of the major factors projected to expand LTE solutions and services subscriber base. This, in turn, is expected to boost growth of the overall LTE market globally. However, inefficient connectivity infrastructure especially in emerging markets such as India, Indonesia and Brazil etc. and compatibility issues between LTE standards and different connected devices are likely to hinder the LTE market growth to some extent.

Market Scope

The global long-term evolution market has been segmented into component, application, technology and region.

a) Component

• Terminal Equipment
• Testing Equipment
• Chipsets
• Infrastructure

b) Application

• Browsing
• Gaming
• Video Telephony
• Live TV

c) Technology

• LTE-TDD (Time Division Duplexing mode)
• LTE-FDD (Frequency Division Duplexing, mode)
• LTE Advanced

LTE Market Competitive Landscape

Key players operating in the LTE market include Verizon Wireless, China Mobile Ltd, AT&T Inc., Ericsson, T-Mobile US Inc., Bharti Airtel Ltd., Sprint Corporation, Huawei Technologies Co. Ltd, Alcatel-Lucent and Nokia Solutions and Networks B.V. (NSN). These players are focused towards establishing new centers and facilities to drive product innovation in order to expand their market presence and network coverage area with enhanced LTE solutions and services.

The research study would provide an in-depth assessment of the global LTE market and include reliable analysis, insights, facts and industry-validated market estimation and projections, supplemented by appropriate assumptions, methodologies, and approaches. Insights and analysis on various market segments such as by component, application, technology and region included in this research report scope.

Major Regions/Countries include:

• North America
  • United States
  • Canada
• Western Europe
  • Germany
  • United Kingdom
  • Spain
  • France
  • Italy
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • Rest of Eastern Europe
• Asia Pacific (APAC)
  • Japan
  • China
  • India
  • ASEAN
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East and Africa (MEA)
  • GCC
  • North Africa
  • South Africa
  • Rest of MEA

This research report on long term evolution market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.