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Juniper Research: LTE mobile broadband to generate $70 billion in revenues within 5 years!

Categories: Research
By: , IntoMobile
Saturday, April 4th, 2009 at 5:33 AM

Juniper ResearchLTE, the official 4G technology, is slated to generate more than $70 billion in mobile broadband revenues globally by 2013, according to Juniper Research.

The research company argues — and I fully agree — that various hardware makers will release tons of new devices that will rely on the new technology to connect to the Internet. As a result, Juniper notes that LTE will “bridge the gap between the mobile and consumer electronics worlds.”

Still there’s a serious challenge for mobile operators which should make money, yet keep prices attractive enough for subscribers to sign up.

Further findings include:

  • LTE’s main markets will be the developed nations of North America, Western Europe, the Far East and China, which together will account for 90% of the market by 2014.
  • Mobile commerce and payments, the mobile web and the need to return to economic growth will all drive mobile broadband.
  • Although the recession could have short term impact, LTE’s longer term prospects should not be adversely affected.

Juniper Research’s latest report titled “LTE Mobile Broadband Strategies: Consumer & Enterprise Markets; Devices & Chipsets 2009-2014″ provides a balanced assessment of the opportunity represented by the rapidly developing and very topical LTE mobile broadband technology. Included in the report are a six year forecasting suite of critical figures, data and analysis on enterprise and consumer subscriber take-up, devices, network access via dongles, cards and embedded capability, chipset shipments, ARPUs and service revenues… More information is available from Juniper’s website.

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About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.