Research: LTE Infrastructure Market to Hit $5B in 2013

Is LTE the wireless standard of the future? A forecast from Infonetics Research shows that’s a good possibility.

In a new report, the firm predicts the LTE infrastructure market will grow to $5 billion in 2013. That’s if providers like Verizon Wireless, TeliaSonera and NTT DoCoMo follow up on their commitments to deploy LTE in the next two years.

Other highlights of the report include:

• Peak rates, latency, and spectral efficiency are the chief drivers fueling the LTE infrastructure market.
• LTE will be the universal future-proofed mobile platform, used by GSM players to offload their HSPA+ traffic, and by CDMA players to bypass 1xEV-DO rev B upgrades.
• LTE subscribers could exceed 72 million by 2013 if service provider LTE plans are carried out as planned.