Long Term Evolution (LTE) base station system is an equipment designed to save energy and reduce cost by using latest technology to improve installation and to significantly reduce power consumption. LTE is a standard for high-speed wireless communication for mobile phones and data terminals, to increase the capacity and speed, by using a different radio interface together with core network improvements. The base station equipment for the LTE system (evolved Node B (eNodeB)) is equipped with radio access & control technology, which is under provision by Base Trans receiver Station (BTS) and IP-Radio Network Controllers (IP-RNC) in the W-CDMA system.
Rise in demand for high-speed broadband services and growth in consumer awareness of IoT applications, such as connected homes & automobiles, drive the global LTE base station system market. In addition, increase in demand for public safety LTE infrastructure and high usage of internet & smarter mobile devices fuel the growth. However, higher cost of R&D and lack of availability of compatible devices restrict the market growth. Moreover, potential in emerging economies and increase in network traffic average output per user present major opportunities for market development.
The global LTE base station system market is segmented on the basis of network, infrastructure, end user, and region. The network segment includes Code Division Multiple Access (CDMA), Global System for Mobile Communications (GSM), Wideband Code Division Multiple Access (W-CDMA), and LTE. Based on infrastructure, the market is divided into Evolved UMTS Terrestrial Radio Access Network E-UTRAN), E Node B, Evolved Packet Core and (EPC). Based on end user, it is categorized into residential & small office or home office (SOHO), enterprise, urban, and rural. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market is dominated by key players such as Ericsson AB, Huawei Technologies Co., Ltd., Nokia Corporation, ZTE Corporation, Samsung, Vodafone India Limited, Motorola Solutions, Cisco, ARGELA, and Alpha Networks Inc.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global LTE base station system market and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restraints, and opportunities and their impact analysis on the market size are provided.
Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.
LTE Base Station System Market Key Segments
- E Node B
- Evolved Packet Core (EPC)
By End User
- Residential & SOHO
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
KEY MARKET PLAYERS PROFILED IN THE REPORT
- Ericsson AB
- Huawei Technologies Co., Ltd.
- Nokia Corporation
- ZTE Corporation
- Vodafone India Limited
- Motorola Solutions
- Alpha Networks Inc.