LTE Base Station System Market Expected to Reach $71,977 Million by 2023


quote Residential and SOHO and Enterprise segments jointly accounted for about 94% of the global LTE base station system market in 2016, with the former constituting around 62% share. quote

Rachita Rake
Lead Analyst, ICT at AMR

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a recent report published by Allied Market Research, titled, LTE Base Station System Market by Product Type and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global LTE base station system market was valued at $21,824 million in 2016, and is projected to reach at $71,977 million by 2023, growing at a CAGR of 18.6% from 2017 to 2023. In 2016, the TDD-LTE segment accounted for the highest revenue share in the LTE base station system market.

Access Full Summary at: https://www.alliedmarketresearch.com/lte-base-station-system-market

Rise in demand for high-speed broadband services, increase in consumer awareness of IoT applications, such as connected homes & automobiles, and growth of overall telecom market drive the market. 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.

Residential and SOHO dominated the global market in 2016, and is expected to remain dominant during the forecast period, owing to the increase in demand for high data transfer rate from customers. Furthermore, the enterprise segment is expected to grow at the highest CAGR during the forecast period.

The global LTE base station system market was led by the North America segment in 2016, and the segment is projected to maintain its dominance during the forecast period. However, the Asia-Pacific segment is expected to witness the highest growth, owing to the growth in adoption of LTE base station system by many telecom operators to provide high-speed broadband services.

Key Findings of the LTE Base Station System Market:

  • The TDD-LTE segment is expected to exhibit significant increase in the global LTE base station system market during the forecast period.
  • In 2016, the residential and SOHO segment accounted for the highest revenue among the other end user in the industry.
  • North America segment generated the highest revenue in 2016.
  • Asia-Pacific is anticipated to exhibit substantial growth during the forecast period.

Some of the key players operating in the aviation analytics 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.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com


For Media Inquiries, Please Contact

Shaun Godinho
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote 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 quote

View Report

Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"LTE Base Station System Market"
Purchase Enquiry