Thursday, February 9, 2012

LTE devices set to grow at rapid pace

DUBLIN, IRELAND: Research and Markets has announced the addition of the "The LTE Device Marketplace: Ecosystem, Roadmap, Key Trends, Shipments/Market Share, and Global Forecast by Vendor 2012 - 2016" report to its offering.

As of Q1 2012, forty-nine mobile network operators worldwide have launched fourth-generation (4G) Long Term Evolution (LTE) networks commercially. As a result of early investment in LTE infrastructure and device R&D, MNOs and device vendors are pushing hard to increase LTE enabled devices among users, both in the public and enterprise sector.

The year 2011 has already witnessed over 8.2 million LTE-enabled device shipments which account for revenues of over $2 billion. With the number of shipments expected to reach over 30 million by the end 2012, the industry is set to grow at a rapid pace.

Leading LTE operators such as Verizon Wireless have already announced intentions to have LTE support in essentially all of its smart phones, going forward. This report and its associated database provide an in depth analysis of the LTE Devices market from 2011 to 2016, including revenue projections, shipments and device launches by vendor, region and device type, as well as vendor roadmaps, and key trends within the industry.

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