Telecom Equipment Market Witnessing Increased Adoption of LTE
Third Generation Partnership Project (3GPP) Long Term Evolution (LTE) has been witnessing greater acceptance than WiMax among end-users.
- (1888PressRelease) July 08, 2011 - London, UK -- Third Generation Partnership Project (3GPP) Long Term Evolution (LTE) has been witnessing greater acceptance than WiMax among end-users. This can be attributed to its superior technology, better data transfer rates, and long term cost savings. Further, existing GSM and CDMA mobile consumers, who form a majority of the wireless consumers, have the advantage of easily upgrading to LTE networks. As a result the LTE market is expected to grow at a significant CAGR of 85 percent in the period 2010-2014.
Despite experiencing lower acceptance in comparison, the WiMax market has also been growing steadily. The increased availability of WiMAX technology has witnessed increasing demand for WiMAX enabled devices in the consumer market. WiMAX chipsets are now being integrated with laptops, handheld devices, and consumer electronics. The education sector has been a key driver for the adoption of this technology.
Key Market Trends:
- Integration of digital diagnostic interface with optical transceivers
- System engineers using Synchronous Ethernet (SyncE), IEEE 1588v2, and GPS (Global Positioning System)-based synchronization systems for precise clock synchronization in mobile networks utilizing Ethernet based microwave equipment
- North America continuing to drive demand for the transceiver market
- Increasing use of video capabilities in VoIP service
TechNavio research has worked extensively on various areas of the telecom equipment industry. For a complete list of reports visit http://www.technavio.com/content/telecom.
Contact:
Ludmila Berkesova
Program Manager
Infiniti Research Limited
Third Floor
33 Cavendish Square
London W1G 0PW
United Kingdom
Tel: +44 20 7031 0969
Fax: +44 84 5280 2825
E-Mail: ludmila ( @ ) technavio dot com
Web: http://www.technavio.com
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