The mass deployment of 3G networks has accelerated the adoption of smart devices, conditioning users to access wireless data services on a daily basis. The growing strain on current 3G networks has driven operators to start deploying 4G networks in order to cope with future demand. As a result, LTE has emerged as the prime candidate for 4G networks, prompting mass commitment and adoption on a global level.
The number of LTE subscribers is set for dynamic growth in the next five years, as operators build and trial LTE in order to cope with the massive amounts of data traffic which is steadily increasing on their networks. The successful launch of a number of LTE networks in the US, Asia and Europe is driving ever greater adoption of 4G services. Visiongain calculates that there will be 27.9 million 4G LTE handsets shipped globally in 2012.
Furthermore, governments worldwide have held 4G spectrum auctions or are planning to in the coming years, and many Tier 1 mobile operators are building, trialling and deploying commercial LTE services. LTE offers immense scope for the growth of the mobile value chain. The LTE ecosystem appears to be healthy and thriving. Visiongain believes that this will drive the growth of the LTE handset market over the next five years.
Markets in North America and Asia Pacific will experience the strongest growth, with Europe close behind. Middle Eastern nations will also show signs of a dynamic LTE market, as their governments are keen to roll-out the latest and fastest cellular networks. 4G LTE handset growth in the rest of the world, such as in Latin American and Africa, will be much less significant, despite a favourable growth rate. The increased adoption of broadband networks and the decreasing prices of smart devices will eventually change the situation in the long term.
This report has been compiled by combining information obtained from a very wide and rich mixture of primary and secondary research sources, producing a broad industry overview. Visiongain sought opinions from leading figures in the 4G LTE mobile handset market to underpin the analysis of market drivers and restraints.
The study draws on a diverse range of official corporate and governmental announcements, media reports, policy documents, industry statements and expert opinion as a basis for discussing and predicting developments in the LTE mobile handset market between 2012 and 2017. Visiongain considers that this methodology results in an accurate, objective mixture of analyses and forecasts.
Chapter 1 provides the executive summary.
Chapter 2 provides an introduction to LTE technology.
Chapter 3 provides forecasts and analysis of handset shipments and service revenues over the period 2012 to 2017 for the global and regional 4G LTE market. The chapter also provides forecasts and analysis of service revenue over the period 2012 to 2017 for the national 4G LTE markets of the following countries:
Chapter 4 provides the conclusions, a SWOT analysis discussing the main strengths, weaknesses, opportunities and threats, and finally recommendations for market players.
Chapter 5 features an interview from original equipment manufacturer Huawei.
Chapter 6 provides an analysis of the players in the 4G LTE mobile handset market.
Chapter 7 provides the conclusions.
Chapter 8 provides additional tables.
Chapter 9 is a glossary of acronyms used in the report.