TechNavio recognizes the following companies as the key players in the LTE Market in US: Alcatel-Lucent, AT&T Inc., Ericsson Inc., Nokia Siemens Networks, and Verizon Wireless Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The main trend witnessed in the LTE market in the US is increased investment by AT&T. The LTE market in the US was mainly dominated by Verizon, which introduced the LTE networks in the US. Verizon and Sprint were the first network operators to introduce LTE in the US and Verizon invested heavily in 2010-2011, giving it a dominant position in the market. However, AT&T has been investing heavily since 2011 in order to enhance its position in the market. The company also tried to acquire T-Mobile, another network operator in the US, in 2011, but it was unsuccessful. However, the increased investment by AT&T in LTE and the increased deployment of LTE networks across the country have led to immense growth in the market and increased competition among the network operators.”
According to the report, the main factor which is driving the LTE market in the US is the increased competition among the network operators. Verizon, the biggest network operator, has invested significantly in LTE. Sprint, another major network operator, was also one of the first operators to invest in LTE networks. With the increased adoption of LTE-enabled devices, the demand for LTE is increasing significantly.
Further, the report states that the main challenge faced by the LTE market in the US is the pricing issues faced by the network operators and the vendors because of the intense competition. Equipment providers such as Ericsson, Alcatel-Lucent, and Nokia Siemens Networks are intensely competitive and they are focused on having an edge in the LTE market in the US, which is the biggest and fastest market for LTE. This has led to increased pricing issues, leading to less profitability.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Sprint and T-Mobile International AG.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/lte-market-us-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report -LTE Market in US 2012-2016
