LTE Base Station Market to Hit 17.01% to 2021: Growth Analysis, Company Profiles & Trends

This New Version Global LTE Base Station Market Research Report is a deep market research report in this MarketSizeForecasters. Report focused on global and regional market, major manufacturers, as well as the segment market details on different classifications and applications. First, this report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy and news.

The Report Announces the Publication of its Research Report – Global LTE Base Station Market 2017-2021

Marketsizeforecasters.com adds new global LTE Base Station market report that lists top active companies as Ericsson, Huawei Technologies, Nokia, and ZTE.

Global LTE Base Station Market Other Prominent Vendors in the market are: Airspan, Alpha Networks, ATC IP, Anvaya Networks, ARGELA, AT&T, CCI, China Mobile, Cisco, CommScope, ip.access, Juni Global, KT, NEC, Qualcomm Technologies, Samsung, TEKTELIC Communications, Telenor, Telia Company, Verizon, and Vodafone.

The Report analysts forecast the global LTE base station market to grow at a CAGR of 17.01% during the period 2017-2021.

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Commenting on the Global LTE Base Station Market report, an analyst said: One trend in the market is the growth of complementary technologies such as SDN and NFV. By 2020, approximately 2.2 billion mobile connections will be using LTE technology out of the total 8.5 billion mobile connections. An increase in the number of data-capable devices and high-bandwidth applications is contributing to the growth in the mobile data traffic. It is expected that the global mobile data traffic will surpass 30 exabytes by 2020, growing at a CAGR of 59% from 2015 to 2020.

Software-defined networking (SDN) facilitates new revenue streams for telecom operators by re-examining network architectures, introducing virtualization, and providing intelligence solutions. SDN and network functions virtualization (NFV) enable more flexibility and seamless integration with infrastructure layers. NFV leverages advancements in server virtualization and enterprise IT virtualization. On the other hand, SDN allows logical centralization of control functions.

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According to the Global LTE Base Station Market report, one driver in the market is the increasing demand for network capacity to access connected services. There is a continuing growth in demand for faster mobile broadband communication for a seamless integrity of connected devices. Internet connectivity is an important access channel to support and enable communications over large-scale IoT devices.

The advent of high-speed 4G LTE wireless networks has supported high-bandwidth M2M applications. The roll out of 4G LTE-M and LTE-U, and 5G networks is expected to facilitate faster transmission and higher volumes of data in the smart ecosystem.

Further, the Global LTE Base Station Market report states that one challenge in the market is the High deployment costs. The cost of acquiring a site, the high installation cost of small-cell networks, and the requirement for security for remotely placed outdoor power systems are some of the factors that are expected to hinder the market growth. In addition, large organizations in the industry are compelled to adhere to stringent spectrum regulations laid by the telecommunication standard organizations.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The Global LTE Base Station Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Browse full table of contents and data tables For Global LTE Base Station Market Report @ https://marketsizeforecasters.com/global-lte-base-station-market

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