The Global LTE Market was valued at $158.49 billion in 2016, and is projected to reach $6,746.66 billion by 2024, having a CAGR of 60.3% during the forecast period of 2017 to 2024.
LTE is an advanced version of 3G network, which is being used to establish the base for 4G network. It offers data speeds ranging from 30Mbps to 100Mbps, restricting its use in multi-band phones only and in countries where it is supported. It is a path that helps in achieving 4G speeds but not the accurate 4G network. Among the world’s cellphone users, more than 80% of the users use GSM network, exception being the US telecommunications market. LTE technology offers several features such as higher capacity, enhanced user experiences, and extraordinary data rates. The global LTE market is anticipated to grow at a tremendous pace, owing to the surge in user adoption in both urban and rural areas. The United States Telecom Association revealed that in rural areas the wireless broadband is expected to grow by 117% by 2026. In addition, media, broadband, and information technology add approximately $1 trillion annually to the U.S. economy. Such promising stats are expected to offer lucrative opportunities to the market players in the upcoming years.
Technological upgradation is the key strategy adopted by market leaders to maintain their foothold within market. For example, in December 2014, Verizon started the process of migrating entirely to a 4G network.
CHAPTER 1. INTRODUCTION 1.1. RESEARCH METHODOLOGY 1.1.1. ERC desk research 1.1.2. ERC data synthesis 1.1.3. Data validation and market feedback 1.1.4. ERC data sources 1.2. RESEARCH SCOPE CHAPTER 2. MARKET LANDSCAPE 2.1. RESEARCH SUMMERY 2.2. VALUE CHAIN ANALYSIS 2.3. FIVE FORCES ANALYSIS 2.4. MARKET SHARE ANALYSIS 2.5. DEMAND FORECAST 2.6. BUSINESS INTELLIGENCE & STRATEGIC ANALYSIS 2.7. MARKET DETERMINANTS 2.7.1. Drivers 2.7.1.1. Increased need for higher data transfer rates 2.7.1.2. Need for high quality of services 2.7.1.3. Adoption of LTE by operators in Asia Pacific 2.7.1.4. Application of LET in public safety 2.7.2. Restraints 2.7.2.1. Network performance reliability 2.7.2.2. Uneven and limited spectrum 2.7.3. Opportunities 2.7.3.1. Growth in wireless Infrastructure 2.7.3.2. Rising demand for LTE-enabled devices CHAPTER 3. GLOBAL LTE MARKET BY COMPONENTS 3.1. SEGMENT OUTLINE 3.2. GLOBAL LTE MARKET REVENUE BY COMPONENTS, 2016-2024 3.3. INFRASTRUCTURE MARKET 3.3.1. Trend analysis 3.3.2. Market growth indicators 3.3.3. Global infrastructure market revenue by region, 2016-2024 3.4. LTE TERMINAL EQUIPMENTS MARKET 3.4.1. Trend analysis 3.4.2. Market growth indicators 3.4.3. Global LTE terminal equipments market revenue by type, 2016-2024 3.4.4. Router 3.4.5. USB modems 3.4.6. Femtocell 3.4.7. Others 3.4.8. Handheld devices 3.4.9. Global LTE terminal equipments market revenue by region, 2016-2024 3.5. LTE TESTING EQUIPMENTS 3.5.1. Trend analysis 3.5.2. Market growth indicators 3.5.3. Global LTE testing euqipments market revenue by region, 2016-2024 3.6. NETWORK SERVICES 3.6.1. Trend analysis 3.6.2. Market growth indicators 3.6.3. Global network services market revenue by region, 2016-2024 CHAPTER 4. GLOBAL LTE MARKET REVENUE BY TECHNOLOGY 4.1. SEGMENT OUTLINE 4.2. GLOBAL LTE MARKET REVENUE BY TECHNOLOGY, 2016-2024 4.3. LTE FDD 4.3.1. Trend analysis 4.3.2. Market growth indicators 4.3.3. Global LTE FDD market revenue by region, 2016-2024 4.4. LTE TDD 4.4.1. Trend analysis 4.4.2. Market growth indicators 4.4.3. Global LTE TDD market revenue by region, 2016-2024 4.5. LTE ADVANCE 4.5.1. Trend analysis 4.5.2. Market growth indicators 4.5.3. Global LTE advance market revenue by region, 2016-2024 CHAPTER 5. GLOBAL LTE MARKET BY APPLICATION 5.1. SEGMENT OUTLINE 5.2. GLOBAL LTE MARKET REVENUE BY APPLICATION, 2016-2024 5.3. M2M AND CONNECTED DEVICE 5.3.1. Trend analysis 5.3.2. Market growth indicators 5.3.3. Global M2M and connected device market revenue by region, 2016-2024 5.4. PUBLIC SAFETY LTE 5.4.1. Trend analysis 5.4.2. Market growth indicators 5.4.3. Global public safety LET market revenue by region, 2016-2024 5.5. VOLTE 5.5.1. Trend analysis 5.5.2. Market growth indicators 5.5.3. Global VoLTE LET market revenue by region, 2016-2024 5.6. OTHERS (IP SURVEILLANCE, BROWSING, LARGE ENTERPRISES) 5.6.1. Trend analysis 5.6.2. Market growth indicators 5.6.3. Global others (IP surveillance, browsing, large enterprise) LET market revenue by region, 2016-2024 5.7. VIDEO ON DEMAND 5.7.1. Trend analysis 5.7.2. Market growth indicators 5.7.3. Global video on demand LET market revenue by region, 2016-2024 5.8. DEFENSE & SECURITY 5.8.1. Trend analysis 5.8.2. Market growth indicators 5.8.3. Global defense & security LET market revenue by region, 2016-2024 CHAPTER 6. GLOBAL LTE MARKET BY GEOGRAPHY 6.1. SEGMENT OUTLINE 6.2. GLOBAL LTE MARKET REVENUE BY GEOGRAPHY, 2016-2024 6.3. NORTH AMERICA 6.3.1. Trend analysis 6.3.2. Market growth indicators 6.3.3. North America LET market revenue by component, 2016-2024 6.4. EUROPE 6.4.1. Trend analysis 6.4.2. Market growth indicators 6.4.3. Europe LET market revenue by component, 2016-2024 6.5. ASIA PACIFIC 6.5.1. Trend analysis 6.5.2. Market growth indicators 6.5.3. Asia Pacific LET market revenue by component, 2016-2024 6.6. ROW 6.6.1. Trend analysis 6.6.2. Market growth indicators 6.6.3. ROW LET market revenue by component, 2016-2024 CHAPTER 7. KEY VENDOR PROFILES 7.1. LM ERICSSON 7.1.1. Company synopsis 7.1.2. Company snapshot 7.1.3. Business overview 7.1.4. Strategic analysis 7.2. NOKIA SOLUTIONS AND NETWORKS. B.V. 7.2.1. Company synopsis 7.2.2. Company snapshot 7.2.3. Business overview 7.2.4. Strategic analysis 7.3. CHINA MOBILE LTD. 7.3.1. Company synopsis 7.3.2. Company snapshot 7.3.3. Business overview 7.3.4. Strategic analysis 7.4. HUAWEI TECHNOLOGIES CO. LTD 7.4.1. Company synopsis 7.4.2. Company snapshot 7.4.3. Business overview 7.4.4. Strategic analysis 7.5. NTT DOCOMO, INC. 7.5.1. Company synopsis 7.5.2. Company snapshot 7.5.3. Business overview 7.5.4. Strategic analysis 7.6. AT&T, INC. 7.6.1. Company synopsis 7.6.2. Company snapshot 7.6.3. Business overview 7.6.4. Strategic analysis 7.7. VERIZON COMMUNICATION INC. 7.7.1. Company synopsis 36 7.7.2. Company snapshot 36 7.7.3. Business overview 7.7.4. Strategic analysis 7.8. ALCATEL-LUCENT 7.8.1. Company synopsis 7.8.2. Company snapshot 7.8.3. Business overview 7.8.4. Strategic analysis 7.9. LM ERICSSON 7.9.1. Company synopsis 7.9.2. Company snapshot 7.9.3. Business overview 7.9.4. Strategic analysis 7.10. BHARTI AIRTEL LTD. 7.10.1. Company synopsis 7.10.2. Company snapshot 7.10.3. Business overview 7.10.4. Strategic analysis LIST OF TABLES TABLE NO 1. GLOBAL LTE MARKET REVENUE BY COMPONENTS, 2016-2024 ($MILLION) TABLE NO 2. GLOBAL INFRASTRUCTURE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 3. GLOBAL LTE TERMINAL EQUIPMENTS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) TABLE NO 4. GLOBAL LTE TESTING EQUIPMENTS MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 5. GLOBAL NETWORK SERVICES MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 6. GLOBAL LTE MARKET REVENUE BY TECHNOLOGY, 2016-2024 ($MILLION) TABLE NO 7. GLOBAL LTE FDD MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 8. GLOBAL LTE TDD MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 9. GLOBAL LTE ADVANCE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 10. GLOBAL LTE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION) TABLE NO 11. GLOBAL M2M AND CONNECTED DEVICE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 12. GLOBAL PUBLIC SAFETY LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 13. GLOBAL VOLTE LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 14. GLOBAL OTHERS (IP SURVEILLANCE, BROWSING, LARGE ENTERPRISES) LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 15. GLOBAL VIDEO ON DEMAND LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 16. GLOBAL DEFENSE & SECURITY LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) TABLE NO 17. GLOBAL LTE MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION) TABLE NO 18. NORTH AMERICA LET MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION) TABLE NO 19. EUROPE LET MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION) TABLE NO 20. ASIA PACIFIC LET MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION) TABLE NO 21. ROW LET MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION) LIST OF FIGURES FIGURE NO 1. VALUE CHAIN ANALYSIS FIGURE NO 2. FIVE FORCES ANALYSIS FIGURE NO 3. MARKET SHARE ANALYSIS FIGURE NO 4. INVESTMENT OPPORTUNITIES FIGURE NO 5. KEY STRATEGIC ATTEMPTS (%SHARE) FIGURE NO 6. GLOBAL LTE MARKET REVENUE BY COMPONENTS, 2016-2024 ($MILLION) FIGURE NO 7. GLOBAL INFRASTRUCTURE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 8. GLOBAL LTE TERMINAL EQUIPMENTS MARKET REVENUE BY TYPE, 2016-2024 ($MILLION) FIGURE NO 9. GLOBAL ROUTER LTE TERMINAL EQUIPMENTS MARKET REVENUE, 2016-2024($MILLION) FIGURE NO 10. GLOBAL USB MODEMS LTE TERMINAL EQUIPMENTS MARKET REVENUE, 2016-2024($MILLION) FIGURE NO 11. GLOBAL FEMTOCELL LTE TERMINAL EQUIPMENTS MARKET REVENUE, 2016-2024($MILLION) FIGURE NO 12. GLOBAL OTHERS LTE TERMINAL EQUIPMENTS MARKET REVENUE, 2016-2024($MILLION) 23 FIGURE NO 13. GLOBAL HANDHELD DEVICES LTE TERMINAL EQUIPMENTS MARKET REVENUE, 2016-2024($MILLION) FIGURE NO 14. GLOBAL LTE TERMINAL EQUIPMENTS MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 15. GLOBAL LET TESTING EQUIPMENTS MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 16. GLOBAL NETWORK SERVICES MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 17. GLOBAL LTE MARKET REVENUE BY TECHNOLOGY, 2016-2024 ($MILLION) FIGURE NO 18. GLOBAL LTE FDD MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 19. GLOBAL LTE TDD MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 20. GLOBAL LTE ADVANCE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 21. GLOBAL LTE MARKET REVENUE BY APPLICATION, 2016-2024 ($MILLION) FIGURE NO 22. GLOBAL M2M AND CONNECTED DEVICE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 23. GLOBAL PUBLIC SAFETY LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 24. GLOBAL VOLTE LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 25. GLOBAL OTHERS (IP SURVEILLANCE, BROWSING, LARGE ENTERPRISES) LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 26. GLOBAL VIDEO ON DEMAND LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) 30 FIGURE NO 27. GLOBAL DEFENSE & SECURITY LTE MARKET REVENUE BY REGION, 2016-2024 ($MILLION) FIGURE NO 28. GLOBAL LTE MARKET REVENUE BY GEOGRAPHY, 2016-2024 ($MILLION) FIGURE NO 29. NORTH AMERICA LET MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION) FIGURE NO 30. EUROPE LET MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION) FIGURE NO 31. ASIA PACIFIC LET MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION) FIGURE NO 32. ROW LET MARKET REVENUE BY COMPONENT, 2016-2024 ($MILLION)
(US)
