A recently published report by Technavio, specialists in emerging technologies market research, reveals that the 4G Equipment market in Europe is expected to grow at a CAGR of 57.3 percent over the period 2010“2014. The report, which focuses specifically on Europe, indicates that the market is being driven by the economic total cost of 4G equipment.
According to Technavio™s industry analyst, The total cost of operation (TCO), i.e., capital expenditure (CAPEX) and operational expenditure (OPEX), incurred in deploying 4G networks is lesser than that for 3G networks. In fact, 4G equipment cost four to seven times less than 3G equipment. In addition, LTE networks require fewer access nodes and have a flat radio access network (RAN), thus reducing the CAPEX and OPEX requirements.
The report also highlights that data traffic management issues are hindering the growth of this market. However, the high data transfer rates supported by 4G equipment is expected to boost market growth. This market is also marked by significant growth of Chinese vendors. These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
Technavio™s report, 4G Equipment Market in Europe 2010“2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains incisive insights and SWOT analyses regarding the key vendors in this market.
Companies mentioned in this report include Alvarion, Huawei, Ericsson, Alcatel-Lucent, Nokia Siemens Networks, and ZTE Corp.
For further information and to obtain your copy of this report, please visit https://www.technavio.com/content/4g-equipment-market-europe-2010-2014
4G Equipment Offers Low Cost Benefits
