|By Business Wire||
|February 27, 2014 06:01 PM EST||
Research and Markets (http://www.researchandmarkets.com/research/dnlhht/global_lte) has announced the addition of the "Global LTE Metrocells Market 2014-2018" report to their offering.
The analysts forecast the Global LTE Metrocells market to grow at a CAGR of 93.68 percent over the period 2013-2018. One of the key factors contributing to this market growth is the Steady Rise of Data Applications. The Global LTE Metrocells Market has also been witnessing the emergence of Wi-Fi enabled small cells. However, the interference of metrocell networks with macrocell networks could pose a challenge to the growth of this market.
Key vendors dominating this space include Alcatel-Lucent SA, Ericsson AB, and Samsung Electronics Co. Ltd.
Other companies mentioned in the report are Airspan Networks Inc., Amdocs Inc., Cisco Systems Inc., Connectem Inc., Ip.access Ltd., and NEC Corp.
Commenting on the report, an analyst from the team said: Although LTE is witnessing a number of rollouts in the Americas and the EMEA region, the technology is yet to be embraced in the APAC region, especially by India and China. The world's largest telecom markets, by subscriber, are still in the planning phase of adopting LTE networks. The delay of deployment in China can be explained by the delay in the spectrum allocation and operators' strategy adoption of either of the two LTE types. On the other hand, operators in the Indian Telecom industry are embroiled in a number of legal, positional, and operations issues, distracting them from adopting the most efficient data technology. However, once the plans materialize, which is expected to be in the forecast period, the two large markets will project huge growth for the LTE Infrastructure market. Likewise, the other emerging markets will also have large-scale adoption, as LTE matures and becomes time tested for such markets. Additionally, factors such as the economic slowdown were looming over the Global LTE Infrastructure market, delaying purchases of the equipment. Given the high level of competition and reduction in average revenue per user, operators are expected to invest heavily in the market to retain their competitive edge.
According to the report, LTE can be regarded as both market- and product-driven. In some markets, the technology is fostered by the rising demand for enhanced features; in others, operators want to recover their 3G costs. Based on these factors, the number of LTE subscriptions globally is expected to grow exponentially during the forecast period.
For more information visit http://www.researchandmarkets.com/research/dnlhht/global_lte
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