Analyst firm Pyramid Research recently released its Global Telecom Insider report, “LTE’s Five-Year Global Forecast: Poised to Grow Faster than 3G,” which estimates that LTE will take just over four years to reach 100 million subscriptions- a milestone that took nearly six years for UMTS/HSPA to reach. Pyramid estimates that the number of LTE subscriptions worldwide will grow at a CAGR of 404% from 2010 to 2014, and will ultimately reach 136 million subscriptions by the end 2014. The report notes that among the factors that will contribute to the rapid growth of LTE mobile broadband technology are the cost of the network, widespread vendor and operator support, and the fact that Chinese carriers could move to LTE as early as 2011.
For more information see:
http://www.pyramidresearch.com/store/ins_gl_090513.htm?sc=PP090515