DUBLIN, IRELAND: Research and Markets has announced the addition of The "4G (Lte and Wimax) Service Revenue/Market Analysis and Its Opportunities for Industries" Report to its Offering.
Industry overview
High-speed 4G wireless networks are the next big opportunity in the mobile industry. 4G networks are able to provide a comprehensive quadruple IP solution where voice, data and streamed multimedia can be given to users on an "Anytime, Anywhere" basis featuring the full mobility, and at higher data rates than previous generations.
Worldwide 4G subscribers and its service revenue will be showing tremendous growth path. It is expected that its worldwide service revenue will grow at a CAGR of 299% for the spanning period of 2009 - 2013.
Highlights:
* Asia Pacific 4G service revenue will be over $1 billion in 2013.
* 4G handsets will grow at CAGR of 91.1 percent during the spanning period 2010-2014.
* Worldwide LTE service revenue is expected to cross $150 billion by 2015.
* Telecom operators are investing more than $3 billion in LTE technology in 2011.
* Worldwide WiMAX subscribers will grow at a CAGR of 51.1 percent for the period of 2011-2014.
* Eastern Europe and Russia WiMAX service revenue will cross $2 billion by the end of 2014.
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