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LTE Base Station System Market by Product Type (TDD-LTE and FDD-LTE) and End User [Residential & Small Office or Home Office (SOHO), Enterprise, Urban, and Rural] - Global Opportunity Analysis and Industry Forecast, 2017-2023

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Pages: 150
Oct 2017 | 2085 Views
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Author's : Rachita Rake
Tables: 79
Charts: 42
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LTE Base Station System Market Overview:

LTE Base Station System Market was valued at $21,824 million in 2016, and is projected to reach $71,977 million by 2023, growing at a CAGR of 18.6%. The rapid growth of urban population with an increase in telecom subscriber base necessitated the emergence of long-term evolution (LTE) base station system to satisfy growth in need of high-speed broadband services. Furthermore, the rise in adoption of mobile media by enterprises for promotional and sales activities provided scope to the LTE base station system market. Apart from this, growth in the use of location-based searches by individual users provided the marketers with immense scope to target their customers and enhance the user experience.

LTE is a standard for high-speed wireless communication for mobile phones and data terminals, to increase the capacity and speed. It does so by using a different radio interface together with core network improvements. The LTE base stations provide the main link in a chain, which connects users to the mobile network. It is one of many crucial components to deliver the quality of service and separate incumbency from obsolescence.

The rapid growth of urban population with an increase in telecom subscriber base is attributed to the growth of the LTE base station system market. Moreover, growth in the focus of government organizations on the implementation of IoT solutions supplements the market growth. The stakeholders invest in technology and growth of smart city projects to integrate digital technologies support the industry. In addition, M2M communications providing connected solutions generate the need for high-speed broadband services, thus, fueling the demand for LTE base station system.

However, factors, such as stringent norms for telecom operators in some countries and lack of availability of compatible devices hamper the LTE base station system market growth to a certain extent.
The report focuses on the growth prospects and restraints of the market based on the analysis of regional trends. The study provides Porter’s Five Forces analysis of the LTE base station system industry to understand the impact of various factors. These include bargaining power of suppliers, competitive intensity of competitors, the threat of new entrants, the threat of substitutes, and bargaining power of buyers on the growth of the market.

Segment Review of the LTE Base Station System Market:

The global LTE base station system market is segmented based on product type, end user, and geography. Based on product type, it is divided into TDD-LTE and FDD-LTE. Based on the end user, it is classified into residential & small office or home office (SOHO), enterprise, urban, and rural. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA including country-level analysis for each region.

The key players operating in the global LTE base station system market include Ericsson AB, Huawei Technologies Co., Ltd., Nokia Corporation, ZTE Corporation, Alpha Networks Inc. AT&T Inc., Airspan, Cisco Systems Inc., CommScope Inc., and Motorola Solutions.

 

LTE Base Station System Market Segmentation

 

GLOBAL LTE BASE STATION SYSTEM MARKET SEGMENTATION

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Top Impacting Factors

The LTE base station system market is expected to be driven by continuous growth in demand for high-speed broadband services, rise in consumer awareness of IoT applications, and need for high data transfer. However, lack of availability of compatible devices and stringent norms for telecom operators in some countries are expected to hamper the market growth during the forecast period.

Continuous Growth in Demand for High-speed Broadband Services

Broadband services are essential elements of global productivity and communication. Individuals, businesses, and governments continue to rely on the quality of high-speed data & broadband services to interact, inform, educate, and entertain. The aforementioned factors lead to the growth of the LTE base station system market.

Rise in Consumer Awareness of IoT Applications, Such as Connected Homes & Automobiles

Internet connectivity is a crucial access channel for supporting & enabling communications over large-scale IoT applications. The increase in demand for network capacity to access the connected services fuels the growth of the LTE base station system market. Furthermore, the industry witnesses continued demand growth of faster mobile broadband communication to seamlessly integrate the connected devices.

Growth of Overall Telecom Market

Telecom operators experience growth in demands for fast speed, reliable communication, and stable cellular services from their users, which is possible by increasing the network capacity. This leads to rise in adoption of the stations by a number of telecom operators to provide value-added services, such as VoLTE (voice over LTE) and integrating OTT (over-the-top) messaging/value-added services which will trigger the quest for new business models.

Increase in Need for High Data Transfer Rate

Increase in technological advancements and rise in awareness regarding the same boost the growth of the market. Customers expect a smooth, rapid, and seamless data access while using a mobile broadband. These demands majorly influences the adoption of the LTE.

Key Benefits

  • It includes the analytical depiction of the market along with current trends and future estimations to determine the imminent investment pockets.
  • It presents information related to key drivers, restraints, and opportunities.
  • It offers a quantitative assessment to highlight the financial competency of the LTE base station system industry, during the period, 20162023.
  • It includes Porter’s Five Forces analysis to the potency of buyers & suppliers in the industry.

LTE Base Station System Market Key Segments:

By Product Type

  • TDD-LTE
  • FDD-LTE

By End User

  • Residential & Small Office or Home Office (SOHO)
  • Enterprise
  • Urban
  • Rural

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • Ericsson AB
  • Huawei Technologies Co., Ltd.
  • Nokia Corporation
  • ZTE Corporation
  • Alpha Networks Inc.
  • AT&T Inc.
  • Airspan
  • Cisco Systems Inc.
  • CommScope Inc.
  • Motorola Solutions.
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS, 2016
3.5. MARKET DYNAMICS

3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities

Chapter: 4 GLOBAL LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE

4.1. OVERVIEW

4.1.1. Market size & forecast

4.2. TDD-LTE

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size & forecast

4.3. FDD-LTE

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size & forecast

Chapter: 5 GLOBAL LTE BASE STATION SYSTEM MARKET, BY END USER

5.1. OVERVIEW

5.1.1. Market size & forecast

5.2. RESIDENTIAL & SMALL OFFICE OR HOME OFFICE (SOHO)

5.2.1. Key market trends
5.2.2. Growth factors and opportunities
5.2.3. Market size & forecast

5.3. ENTERPRISE

5.3.1. Key market trends
5.3.2. Growth factors and opportunities
5.3.3. Market size & forecast

5.4. URBAN

5.4.1. Key market trends
5.4.2. Growth factors and opportunities
5.4.3. Market size & forecast

5.5. RURAL

5.5.1. Key market trends
5.5.2. Growth factors and opportunities
5.5.3. Market size & forecast

Chapter: 6 LTE BASE STATION SYSTEM MARKET, BY GEOGRAPHY

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size & forecast

6.2.3.1. US

6.2.3.1.1. Overview

6.2.3.2. CANADA

6.2.3.2.1. Overview

6.2.3.3. Mexico

6.2.3.3.1. Overview

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size & forecast

6.3.3.1. UK

6.3.3.1.1. Overview

6.3.3.2. France

6.3.3.2.1. Overview

6.3.3.3. Germany

6.3.3.3.1. Overview

6.3.3.4. Rest of Europe

6.3.3.4.1. Overview

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size & forecast

6.4.3.1. China

6.4.3.1.1. Overview

6.4.3.2. India

6.4.3.2.1. Overview

6.4.3.3. Japan

6.4.3.3.1. Overview

6.4.3.4. Rest of Asia-Pacific

6.4.3.4.1. Overview

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size & forecast

6.5.3.1. Latin America

6.5.3.1.1. Overview

6.5.3.2. Middle East

6.5.3.2.1. Overview

6.5.3.3. Africa

6.5.3.3.1. Overview

Chapter: 7 COMPANY PROFILES

7.1. ERICSSON AB

7.1.1. Company overview
7.1.2. Operating business segments
7.1.3. Product portfolio
7.1.4. Business performance
7.1.5. Key strategic moves and developments

7.2. HUAWEI TECHNOLOGIES CO., LTD.

7.2.1. Company overview
7.2.2. Operating business segments
7.2.3. Product portfolio

7.3. NOKIA CORPORATION

7.3.1. Company overview
7.3.2. Operating business segments
7.3.3. Product portfolio

7.4. ZTE CORPORATION

7.4.1. Company overview
7.4.2. Operating business segments
7.4.3. Product portfolio

7.5. ALPHA NETWORKS INC.

7.5.1. Company overview
7.5.2. Operating business segments
7.5.3. Product portfolio

7.6. AT&T INC.

7.6.1. Company overview
7.6.2. Operating business segments
7.6.3. Product portfolio

7.7. AIRSPAN

7.7.1. Company overview
7.7.2. Operating business segments
7.7.3. Product portfolio

7.8. CISCO SYSTEMS INC.

7.8.1. Company overview
7.8.2. Operating business segments
7.8.3. Product portfolio

7.9. COMMSCOPE INC.

7.9.1. Company overview
7.9.2. Operating business segments
7.9.3. Product portfolio

7.10. MOTOROLA SOLUTIONSS

7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Product portfolio

LIST OF TABLES

TABLE 1. GLOBAL LTE BASE STATION SYSTEM MARKET REVENUE, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 2. TDD-LTE SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 3. FDD-LTE SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 4. GLOBAL LTE BASE STATION SYSTEM MARKET REVENUE, BY END USER, 2016-2023 ($MILLION)
TABLE 5. SOHO SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 6. ENTERPRISE SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 7. URBAN SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 8. RURAL SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, BY REGION, 2016-2023 ($MILLION)
TABLE 9. LTE BASE STATION SYSTEM MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 10. NORTH AMERICA LTE BASE STATION SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 11. NORTH AMERICA LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 12. NORTH AMERICA LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 13. US LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 14. US LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 15. CANADA LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 16. CANADA LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 17. MEXICO LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 18. MEXICO LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 19. EUROPE LTE BASE STATION SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 20. EUROPE LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 21. EUROPE LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 22. US LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 23. UK LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 24. FRANCE LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 25. FRANCE LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 26. GERMANY LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 27. GERMANY LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 28. REST OF EUROPE LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 29. REST OF EUROPE LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 30. ASIA-PACIFIC LTE BASE STATION SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 31. ASIA-PACIFIC LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 32. ASIA-PACIFIC LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 33. CHINA LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 34. CHINA LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 35. INDIA LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 36. INDIA LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 37. JAPAN LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 38. JAPAN LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 39. REST OF ASIA-PACIFIC LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 40. REST OF ASIA-PACIFIC LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 41. LAMEA LTE BASE STATION SYSTEM MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 42. LAMEA LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 43. LAMEA LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 44. LATIN AMERICA LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 45. LATIN AMERICA LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 46. MIDDLE EAST LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 47. MIDDLE EAST LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 48. AFRICA LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016-2023 ($MILLION)
TABLE 49. AFRICA LTE BASE STATION SYSTEM MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 50. COMPANY SNAPSHOT
TABLE 51. ERICSSON AB: OPERATING SEGMENTS
TABLE 52. ERICSSON AB: PRODUCT PORTFOLIO
TABLE 53. HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 54. HUAWEI TECHNOLOGIES CO., LTD.: OPERATING SEGMENTS
TABLE 55. HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT PORTFOLIO
TABLE 56. NOKIA CORPORATION: COMPANY SNAPSHOT
TABLE 57. NOKIA CORPORATION: OPERATING SEGMENTS
TABLE 58. NOKIA CORPORATION: PRODUCT PORTFOLIO
TABLE 59. ZTE CORPORATION: COMPANY SNAPSHOT
TABLE 60. ZTE CORPORATION: OPERATING SEGMENTS
TABLE 61. ZTE CORPORATION: PRODUCT PORTFOLIO
TABLE 62. ALPHA NETWORKS INC.: COMPANY SNAPSHOT
TABLE 63. ALPHA NETWORKS INC.: OPERATING SEGMENTS
TABLE 64. ALPHA NETWORKS INC.: PRODUCT PORTFOLIO
TABLE 65. AT&T INC.: COMPANY SNAPSHOT
TABLE 66. AT&T INC.: OPERATING SEGMENTS
TABLE 67. AT&T INC.: PRODUCT PORTFOLIO
TABLE 68. AIRSPAN: COMPANY SNAPSHOT
TABLE 69. AIRSPAN: OPERATING SEGMENTS
TABLE 70. AIRSPAN: PRODUCT PORTFOLIO
TABLE 71. CISCO SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 72. CISCO SYSTEMS INC.: OPERATING SEGMENTS
TABLE 73. CISCO SYSTEMS INC.: PRODUCT PORTFOLIO
TABLE 74. COMMSCOPE INC.: COMPANY SNAPSHOT
TABLE 75. COMMSCOPE INC.: OPERATING SEGMENTS
TABLE 76. COMMSCOPE INC.: PRODUCT PORTFOLIO
TABLE 77. MOTOROLA SOLUTIONSS: COMPANY SNAPSHOT
TABLE 78. MOTOROLA SOLUTIONSS: OPERATING SEGMENTS
TABLE 79. MOTOROLA SOLUTIONSS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 1. GLOBAL LTE BASE STATION SYSTEM MARKET: SEGMENTATION
FIGURE 2. TOP INVESTMENT POCKETS: GLOBAL LTE BASE STATION SYSTEM MARKET, BY END USER
FIGURE 3. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION (2014-2016)
FIGURE 4. TOP WINNING STRATEGIES: NATURE AND TYPE
FIGURE 5. TOP WINNING STRATEGIES: NATURE AND COMPANY
FIGURE 6. BARGAINING POWER OF BUYERS
FIGURE 7. BARGAINING POWER OF SUPPLIERS
FIGURE 8. THREAT OF NEW ENTRANTS
FIGURE 9. THREAT OF SUBSTITUTION
FIGURE 10. COMPETITIVE RIVALRY
FIGURE 11. GLOBAL LTE BASE STATION SYSTEM MARKET: SEGMENTATION BY PRODUCT TYPE
FIGURE 12. GLOBAL LTE BASE STATION SYSTEM MARKET, BY PRODUCT TYPE, 2016 & 2023 (%)
FIGURE 13. COMPARATIVE REGIONAL SHARE ANALYSIS OF TDD-LTE MARKET IN LTE BASE STATION SYSTEM MARKET, 2016 & 2023 (%)
FIGURE 14. TDD-LTE SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 15. COMPARATIVE REGIONAL SHARE ANALYSIS OF FDD-LTE MARKET IN LTE BASE STATION SYSTEM MARKET, 2016 & 2023 (%)
FIGURE 16. FDD-LTE SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 17. GLOBAL LTE BASE STATION SYSTEM MARKET: SEGMENTATION BY END USER
FIGURE 18. GLOBAL LTE BASE STATION SYSTEM MARKET, BY END USER, 2016 & 2023 (%)
FIGURE 19. COMPARATIVE REGIONAL SHARE ANALYSIS OF SOHO SEGMENT IN LTE BASE STATION SYSTEM MARKET, 2016 & 2023 (%)
FIGURE 20. SOHO SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 21. COMPARATIVE REGIONAL SHARE ANALYSIS OF ENTERPRISE SEGMENT IN LTE BASE STATION SYSTEM MARKET, 2016 & 2023 (%)
FIGURE 22. ENTERPRISE SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 23. COMPARATIVE REGIONAL SHARE ANALYSIS OF URBAN SEGMENT IN LTE BASE STATION SYSTEM MARKET, 2016 & 2023 (%)
FIGURE 24. URBAN SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 25. COMPARATIVE REGIONAL SHARE ANALYSIS OF RURAL SEGMENT IN LTE BASE STATION SYSTEM MARKET, 2016 & 2023 (%)
FIGURE 26. RURAL SEGMENT OF LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 27. US LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 28. CANADA LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 29. MEXICO LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 30. UK LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 31. FRANCE LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 32. GERMANY LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 33. REST OF EUROPE LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 34. CHINA LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 35. INDIA LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 36. JAPAN LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 37. REST OF ASIA-PACIFIC LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 38. LATIN AMERICA LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 39. MIDDLE EAST LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 40. AFRICA LTE BASE STATION SYSTEM MARKET REVENUE, 2016-2023($MILLION)
FIGURE 41. ERICSSON AB: NET SALES, 2014-2016 ($MILLION)
FIGURE 42. ERICSSON AB: REVENUE BY GEOGRAPHY, 2016 (%)

 

Long-term evolution (LTE) base station system is an equipment, which is designed to save energy and reduce cost by using latest technology to improve installation and to significantly reduce power consumption. Further, the unprecedented growth of the telecom market and increase in smartphones and tablets penetration predominantly drives the market of LTE base station system. Wireless communication has become one of the essential components for end users. Moreover, increase in network traffic and growth in need of high data transfer rate among end users has created immense opportunities for the market.

Higher network traffic during work hours and continuous increase in requirement of faster data transmission especially in urban area fuels the growth of the LTE base station system market. The growth of this market is pertained to the growth of overall telecom market. Moreover, growth of smart city projects with integrating digital technologies and M2M communications to provide connected solutions in many developing regions and development of LTE/5G technology also plays a prominent role owing to its benefits.

Some of the key players operating in the LTE base station system market that are profiled in the report include Ericsson AB, Huawei Technologies Co., Ltd., Nokia Corporation, ZTE Corporation, Alpha Networks Inc. AT&T Inc., Airspan, Cisco Systems Inc., CommScope Inc., and Motorola Solutions. The market players are taking up growth strategies to enhance their product portfolio lists to increase their market penetration as well as are investing in priority approaches for research to develop new products to increase their customer base and capitalize on the growth in demand for LTE base station systems.

 

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