LTE is a high-speed wireless communication standard for mobile phones and data terminals that uses a new radio interface in conjunction with core network enhancements to boost capacity and speed. LTE base stations are the most important link in a chain that links consumers to the mobile network, and they are one of several critical components that offer the level of service that distinguishes incumbents from obsolescence. The rapid rise of the urban population, along with an increase in the number of telecom subscribers, is due to the expansion of the LTE base station system market.
Surge in demand for high-speed broadband services and growth in consumer awareness of IoT applications, such as connected homes & automobiles, drive the global LTE base station system market. In addition, growth of overall telecom market and increase in need for high data transfer rate fuel the growth. However, stringent norms for telecom operators in some countries and lack of availability of compatible devices restrict the market growth. Moreover, increase in development of wireless communication technology, growth of complementary technologies such as software-defined networking (SDN) and network functions virtualization (NFV), and increase in telecom customer base are expected to offer remunerative opportunities for expansion of the market during the forecast period.
The LTE base station system market is segmented on the basis ofproduct type, end user, and region. By product type, it is divided into TDD-LTE and FDD-LTE. By end user, it is classified intoresidential & small office or home office (SOHO), enterprise, urban, and rural.Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global LTE base station system market analysis includes major players such as Airspan Networks, Alpha Networks Inc., AT&T Intellectual Property, Cisco system, Inc., COMMSCOPE Inc., ERICSSON, Huawei Technologies Co. Ltd., Motorola Solutions, Inc., Nokia Corporation and ZTE Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Surge in demand for high-speed broadband services and growth in consumer awareness of IoT applications, such as connected homes & automobiles, drive the global LTE base station system market. In addition, growth of overall telecom market and increase in need for high data transfer rate fuel the growth. However, stringent norms for telecom operators in some countries and lack of availability of compatible devices restrict the market growth. Moreover, increase in development of wireless communication technology, growth of complementary technologies such as software-defined networking (SDN) and network functions virtualization (NFV), and increase in telecom customer base are expected to offer remunerative opportunities for expansion of the market during the forecast period.
The LTE base station system market is segmented on the basis ofproduct type, end user, and region. By product type, it is divided into TDD-LTE and FDD-LTE. By end user, it is classified intoresidential & small office or home office (SOHO), enterprise, urban, and rural.Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global LTE base station system market analysis includes major players such as Airspan Networks, Alpha Networks Inc., AT&T Intellectual Property, Cisco system, Inc., COMMSCOPE Inc., ERICSSON, Huawei Technologies Co. Ltd., Motorola Solutions, Inc., Nokia Corporation and ZTE Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global LTE base station system market forecast along with the current & future trends to explain the imminent investment pockets
- Information about key drivers, restraints, & opportunities and their impact analysis on global LTE base station system market trends is provided in the report
- The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry
- The quantitative analysis of the market from 2021 to 2030 is provided to determine the market potential
Key Market Segments
By Product Type
- TDD-LTE
- FDD-LTE
By End User
- Residential & Small Office or Home Office (SOHO)
- Enterprise
- Urban
- Rural
By Region
- North America
- US
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Airspan Networks
- Alpha Networks Inc
- AT&T Intellectual Property
- Cisco system, Inc
- COMMSCOPE Inc
- ERICSSON
- Huawei Technologies Co Ltd
- Motorola Solutions, Inc
- Nokia Corporation
- ZTE Corporation
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Lte Base Station System Market, by Product Type
Chapter 5: Lte Base Station System Market, by End-user
Chapter 6: Lte Base Station System Market, by Region
Chapter 7: Company Profiles
List of Tables
List of Figures
Executive Summary
According to a recent report titled, “LTE Base Station System Market by Product Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global LTE base station system market size was valued at $32.80 billion in 2020, and is projected to reach $234.50 billion by 2030, growing at a CAGR of 22.0% from 2021 to 2030.LTE base stationis a radio receiver/transmitter that serves as a hub of the local wireless network and may also be the gateway between a wired network and the wireless network. In addition, increase in data traffic and network congestion drives the installation of small cells to utilize the available spectrum effectively. These small cells are helpful in pre-5G/LTE-Advanced Pro transition, as they help network service providers to save costs on expensive rooftop systems and installation &rental expenses. Moreover, these small cells allow network operators to provide better connectivity to the base station, which in turn boosts the market growth. Furthermore, the key factor that drives the growth of theLTE base station system market includesrise in demand for high-speed broadband services and growth in consumer awareness of IoT applications, such as connected homes & automobiles. In addition, growth of overall telecom market and increase in need for high data transfer rate fuel the growth. However, stringent norms for telecom operators in some countries and lack of availability of compatible devices restrict the market growth. Moreover, surge in development of wireless communication technology, growth of complementary technologies such as software-defined networking (SDN) &network functions virtualization (NFV), and increase in telecom customer base are expected to offer remunerative opportunities for expansion of the market during the forecast period.
Depending on end user, the residential & SOHO segment holds the largest LTE base station system market share of the marketdue to continuous increase in data traffic and subscriber’s expectations. However, urban segment is expected to grow at the highest rate during the forecast period owing to, increasing use of LTE to connect populated environments such as convention centers, shopping malls, parks or city centers, and transport hubs.
Region wise, the LTE base station system industry was dominated by North America in 2020, and is expected to retain its position during the forecast period, owing to rapid migration from Code Division Multiple Access (CDMA) and Wideband Code Division Multiple Access (WCDMA) / High Speed Packet Access (HSPA) based networks. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to countries such as South Korea and Japan engaged in early deployment of LTE.
The LTE base station system industry has witnessed significant growth in the past few years; however, due to the outbreak of the COVID-19 pandemic, the market is projected to witness a sudden downfall in 2020. In addition, major players that operate in the global LTEbase station market are expected to make moderate R&D cuts, which would allow them to sustain a rich and evolving product portfolio. In addition, companies are expected to strive for fund innovation rather than setting a bare minimum budget needed to keep the R&D running.Rather than simply improving products using current state-of-the-art technology, companies are looking forward to invest in next-generation artificial intelligence and machine learning products, as it would well position its market value once customer demand rises.
Key Findings Of The Study
- By product type, the TDD-LTE segment accounted for the largest LTE base station system market share in 2020
- Region wise, North America generated highest revenue in 2020 LTE base station system market size
- On the basis of end user, the residential & SOHO segment generated the highest revenue in LTE base station system market forecast
- The key players profiled in the LTE base station system market analysis are Airspan Networks, Alpha Networks Inc., AT&T Intellectual Property, Cisco system, Inc., COMMSCOPE Inc., ERICSSON, Huawei Technologies Co. Ltd., Motorola Solutions, Inc., Nokia Corporation and ZTE Corporation These players have adopted various strategies to increase their market penetration and strengthen their position in the industry
Companies Mentioned
- Airspan Networks
- Alpha Networks Inc
- AT&T Intellectual Property
- Cisco system, Inc.
- COMMSCOPE Inc.
- ERICSSON
- Huawei Technologies Co. Ltd
- Motorola Solutions, Inc.
- Nokia Corporation
- ZTE Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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