LTE, 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.