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LTE Market Nearly Doubling in 2013
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The global mobile infrastructure market - including 2G/3G, LTE, and WiMAX - rose 6% sequentially in 4Q12, to $10.8 billion, driven by North America, China, and sustained modernization projects in Europe, according to Infonetics Research.
LTE revenue grew 115% in 2012 from 2011, fueled by an onslaught of new deployments worldwide paired with the existing strong markets of Japan, North America, and South Korea.
Ericsson maintains its lead in the LTE infrastructure market, though Nokia Siemens Networks is closing the gap as of the 4th quarter; meanwhile Alcatel-Lucent is #2 for the full year 2012 and posted its best LTE quarter to date in 4Q12
"The U.S., Japan, and South Korea have been fueling the engine with LTE, but weak activity in BRIC countries dragged the overall mobile infrastructure market in 2012," notes Stéphane Téral, principal analyst for mobile infrastructure and carrier economics at Infonetics Research. "The good news, though, is that this year BRIC is coming back with some serious LTE spending."
Téral adds: "We're forecasting the LTE market to almost double in 2013, easily passing the $10-billion mark for the first time. Operators are in the midst of a second wave of LTE deployments, and LTE-Advanced is gearing for true 4G prime time, with NTT DOCOMO, SK telecom, and likely Russia's Yota all planning launches this year."
Tags: [lte]
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