According to a recent report by research firm IHS Infonetics, the LTE infrastructure market size has touched a record $13 billion in the fourth quarter of 2015, reflecting an improvement of 11% sequentially and 3% on a year-over-year basis. While the U.S. maintained its momentum in LTE network growth, the major impetus came from the emerging markets of China and India.
Significant technological developments have opened up considerable market opportunities for global mobile infrastructure vendors like Ericsson LM (ERIC - Free Report) , Nokia Corp. (NOK - Free Report) , Huawei Technologies Co. Ltd. and ZTE Corp. Notably, Qualcomm Inc. (QCOM - Free Report) is a major chipset developer for LTE technology.
For 2015, the worldwide macrocell wireless infrastructure market reached a value of $48 billion. Quarterly 4G LTE revenue is now $2 billion higher than the combined revenues of 2G and 3G networks.
According to a recent research report published by the Global Mobile Suppliers Association (GSA), the number of LTE subscribers worldwide has crossed the 1 billion mark for the first time. In the fourth quarter of 2015 alone, LTE subscriptions grew by over 156 million. China Unicom (Hong Kong) Ltd. (CHU - Free Report) and China Telecom Corp. Ltd. (CHA - Free Report) ramped up their LTE networks.
At this rate, 4G LTE is set to outnumber 3G (all form of 3G technologies) subscribers globally by 2020. GSA further stated that in 2015 alone, 4G LTE generated net 552.2 million subscriptions worldwide, reflecting a whopping 107% improvement on a year-over-year basis.
Wireless network standards are continuously evolving around the globe to offer faster speed. Following significant deployment of 4G LTE networks, LTE-A (Long-Term Evolution Advanced) wireless networks are gradually finding solid foothold globally.
The GSA report in Jan 2016 stated that there are 480 commercially active LTE networks across 157 countries. The LTE networks are expected to reach 550 by the end of 2016. Currently, there are 116 LTE-A active networks across 57 countries, which constitute more than 24% of the total LTE networks worldwide.
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