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CAMBRIDGE, Massachusetts, May 18, 2009—The number of Long Term Evolution (LTE) subscriptions worldwide will grow at a CAGR of 404 percent from 2010 to 2014, a pace faster than any previous mobile standard including 3G, according to a new report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com).
LTE’s Five-Year Global Forecast: Poised to Grow Faster than 3G identifies the main technical and business drivers, as well as the challenges for the LTE platform, and analyzes its market opportunity in comparison with earlier mobile technologies in their first few years of commercialization. The 19-page report provides Pyramid Research’s five-year outlook on LTE adoption, highlighting the largest LTE markets, and comparing adoption rates in emerging and developed markets. It also examines the LTE-related products, demos, and announcements of six of the largest vendors worldwide, including an analysis of how they compare with one another in terms of time to market and customer wins. Download an excerpt of this report here.
For the first time, most of the major players, operators, and vendors alike, are behind the same mobile standard, notes Daniel Locke, analyst at Pyramid Research and author of the report. “By using LTE’s more efficient and cost-effective flat IP architecture, mobile operators can transfer the savings to end users in the form of lower prices for access, faster data rates, and higher traffic allowances for a wider adoption of mobile data services,” he says. “To date, 27 mobile operators worldwide have publicly committed to deploying LTE, with 12 of them expected to roll out commercial services in 2010 and the remainder during 2011 and 2012,” he adds.
Pyramid expects LTE to grow more rapidly than preceding mobile standards in terms of subscriptions. “While it took nearly six years for UMTS/HSPA to reach 100 million subscriptions, Pyramid predicts that LTE will take just over four years to reach the same milestone,” explains Locke. “The number of LTE subscriptions worldwide will grow at a CAGR of 404 percent from 2010 to 2014 and reach 136 million by year-end 2014,” he says.
“The majority of LTE subscriptions in the early stage will come in developed markets, where most of the first LTE deployments will occur – with the US and Japan leading,” Locke says. “However, LTE will grow 30 percent faster in emerging markets than developed ones; subscriptions in emerging markets will account for 43 percent of the LTE total in 2014, up from 5 percent in 2010,” he adds. Fueled by vendor support of TDD-mode, growth in emerging markets will be driven largely by China with 36.1 million subscriptions in 2014.
LTE’s Five-Year Global Forecast: Poised to Grow Faster than 3G is part of Pyramid Research's Telecom Insider report series. Telecom Insiders are packed with trend analysis, industry best practices, market sizing and forecasting, competitor analysis, and case studies, providing you information you can leverage to make better business decisions.
Download an excerpt of this report here.
LTE’s Five-Year Global Forecast: Poised to Grow Faster than 3G is priced at $595 and can be purchased online here or by contacting Jeff Claudino via email at claudino@pyr.com or telephone at +1-619-229-9940.
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About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries–a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (www.lightreading.com) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
About TechWeb
TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
*13.3 million business decision-makers: based on number of monthly connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists – with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com.
Press contact:
Jennifer Baker
+1 617 871-1910
jbaker@pyr.com
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