By Telecom Lead
Team: LTE revenues have reached over $ 2.1 billion in 2011, up from $ 0.6
billion in 2010.
Developed
markets, such as North America, Japan and several Tier 1 operators in Western
Europe, Middle East and Asia Pacific are the major drivers behind LTE growth.
Global 2G/3G/4G
cellular network infrastructure revenues are set to reach over $ 51 billion by
2015 up from $46 billion in 2010 at a CAGR of 5 percent, with LTE accounting
for more than 20 percent of the revenue share.
More than 80
percent of the revenue will potentially accrue to major vendors such as
Ericsson, Alcatel-Lucent, Nokia Siemens Networks and Huawei.
The 4G LTE
market in particular will reach over $13 billion by 2015, growing at CAGR of
over 45 percent.
Ericsson and
Alcatel Lucent are likely to lead the market with present market shares of over
35 percent and 27 percent respectively, of the $ 2.1 billion industry.
From a regional
perspective, the market share will drastically shift from a North American lead
market to the Asia Pacific region, which will account for over 68 percent of
the revenue by 2015, according to Mind Commerce.
As of Q4 2011
the North America region accounts for over 42 percent of the total LTE
infrastructure revenue.
As of Q4 2011, thirty eight mobile
network operators worldwide had launched 4G LTE networks commercially.
Despite a slow ramp and spending
stall on overall cellular network infrastructure in 2011, the industry is
witnessing sustainable spending acceleration for the LTE wireless
infrastructure equipment. Key drivers are higher data speeds of up to 20 Mbps,
simplified all-IP networks and the commercial availability of more than 200 4G
LTE – enabled devices.
