Global LTE subscriptions to surpass 3 billion in 2020, says SNS Research database
DUBAI, UAE. 16th June 2014: SNS Research's latest database indicates that global LTE subscriptions will surpass 3 Billion at the end of 2020.
With nearly 7 Billion mobile network subscriptions worldwide, global mobile penetration is fast approaching the 100% mark. Mobile broadband in particular is witnessing considerable growth. SNS Research estimates that LTE subscriptions have already crossed the 200 Million mark.
LTE is estimated to account for nearly 320 Million subscriptions at the end of 2014. Driven by ongoing deployments, LTE penetration will significantly grow at a CAGR of 46% over the next 6 years. LTE connections will eventually represent more than 3 Billion subscriptions in 2020. Presently U.S, Japanese and South Korean wireless carriers are leading LTE subscriptions with a combined market share of 80%, driven by their early adoption of the technology.
Covering over 200 countries and 810 wireless carriers worldwide, the “2G, 3G & 4G Wireless Subscriptions, Spectrum Licensing, Ownership & Infrastructure Contracts Database: 2014 – 2020” database tracks mobile network subscriptions, penetration, spectrum licensing, mobile infrastructure contracts and network ownership data. The database is delivered as a Microsoft excel file.
The database will be of value to current and future potential investors into the wireless sector, as well as wireless carriers and infrastructure/device vendors who wish to broaden their knowledge of the wireless ecosystem.
For further information concerning the SNS Research database please visit: http://www.snstelecom.com/wirelessdatabase
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About SNS Research
SNS Research is one of the most foremost market intelligence and consulting firms for the worldwide telecommunications industry, with a particular focus on wireless infrastructure and mobile devices. Developed by leading industry analysts our market intelligence and consultancy services provide unique insights to the global telecommunications industry with information ranging from niche details of mobile handset models to tracking to large network infrastructure contracts and cellular network operator metrics. Whether your focus is strategic decision making, service development, investment or marketing, our services will allow you to make optimal decisions with self-assurance.