According to the newest market research analysis by Technavio, the global LTE base station market is expected to grow at a CAGR of more than 17% during the forecast period 2017 to 2021.
This report by Technavio delivers an in-depth analysis of the global LTE base station market in terms of revenue and emerging market trends. The study also includes an up-to-date analysis and forecasts for numerous market sectors and all geographical regions.
Technavio research analysts categorize the market based on the end-user
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The top three revenue contributing product segments are discussed below:
LTE base station market in residential and SOHO sector: The implementation of norms that require network operators to offer the exact information on every base station location will fuel the evolution of this market segment. Some countries mandate operators to offer registered locations of mobile network equipment to the authorities of emergency services such as fire brigades and health and safety agencies, resulting in the safe deployment of these networks.
“The residential and SOHO customers install small cells, which are rising the need for LTE base stations in the global market. Various countries are also mandating the requirement of qualified technicians to install every small-cell device in all locations. These regulations will encourage vendors to introduce superior systems that will increase its adoption in the global market,” says Abhishek Sharma, a lead analyst at Technavio for research on the machine to machine (M2M) and connected devices.
LTE base station market in enterprise sector: The deployment of transceivers with 4G or LTE radio in enterprise buildings and on campuses by mobile operators will fuel the growth of this market segment. These modules for the enterprise segment are designed either as freestanding or wall-mounted with a location lock that supports 8-32 simultaneous calls or sessions. The vendors are launching systems that include femto-to-femto assignment capability and the Power over Ethernet (PoE) support to expand their consumer base.
LTE base station market in the urban sector: The increasing use of these devices to connect populated environments such as parks or city centers, convention centers, shopping malls, and transport hubs will boost the adoption of LTE base stations in this market sector. This market segment comprises of the transceiver with a 4G or LTE radio that serves as the connection point between a wireless device and the cellular network.
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The top vendors operating in the global LTE base station market are:
- Ericsson
- Huawei Technologies
- Nokia
- ZTE
The additional prominent players in the market include Airspan, Alpha Networks, ATC IP, Anvaya Networks, ARGELA, AT&T, CCI, China Mobile, Cisco, CommScope, ip.access, Juni Global, KT, NEC, Qualcomm Technologies, Samsung, Vodafone, Verizon, Telia Company, Telenor, TEKTELIC Communications, Motorola Solutions, NEC Corporation, and Powerwave Technologies.
A more thorough report is available in the Technavio report titled, ‘Global LTE Base Station Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Mobile Communication Antenna Market 2017-2021
- Public Safety LTE Market in the US 2016-2020
- Global Land Mobile Radio Market 2016-2020
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