IT, New Media & Software

LTE Market By Components By Technology Estimation & forecast 2016-2024


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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.

Segment Analysis

Global LTE market is segmented by component, by technology, by application, and by geography. By component it is further divided as Infrastructure, Terminal Equipment, LTE testing Equipment, and Network Services. By technology it is categorized as LTE FDD, LTE TDD, and LTE Advance. By application global LTE market is segmented as M2M and Connected Device, Public Safety LTE, VoLTE, Video on demand, Defense & Security, and Others IP surveillance, browsing, Large enterprises. 

The VoLTE market is expected to exhibit high growth rate and projected to grow at a CAGR of 62.6% from 2017 to 2024.

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GLOBAL LTE MARKET SEGMENTATION

By Components
• Infrastructure
• Terminal Equipment
• LTE Testing Equipment
• Network Services

By Technology
• LTE FDD
• LTE TDD
• LTE Advance

By application
• M2M and Connected Device
• Public Safety LTE
• VoLTE
• Video on Demand
• Defense & Security
• Others IP Surveillance, Browsing, Large Enterprises

By Geography
• North America
• Europe
• AsiaPacific
• Rest of the World

Key Market Players

• AlcatelLucent
• AT&T, Inc.
• Bharti Airtel Ltd.
• China Mobile Ltd.
• Huawei Technologies Co. Ltd
• LM Ericsson
• Nokia Solutions and Networks. B.V.
• NTT DOCOMO, Inc.
• Verizon Communication Inc.
• Vodafone Group Plc

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