Telecom Lead India: LTE / 4G consumer subscribers will overtake enterprise subscriber numbers in 2015, according to Juniper Research.
While LTE consumer subscribers will exceed enterprise in 2015, the consumer segment will only account for under half of total revenues.
Juniper Research – in its report called 4G LTE: Subscribers, Devices, Infrastructure & Service Revenue 2013-2017 – says LTE gained momentum over the past 12 months, initially dominated by the enterprise segment. Consumer subscribers will begin to sign up for services in volume in 2013.
4G LTE revenues will reach more than $340 billion by 2017 globally, compared to over $75 billion this year.
This figure will represent approximately 31 percent of total service revenues from all mobile services of all generations (2G/3G/4G) at that time.
Almost 70 percent of LTE revenues will be generated by North American and Far Eastern & China markets.
READ 4G NEWS LTE/4G revenues in India are expected to reach $11.88 billion in 2017. The projected growth will be 220.5 percent compound annual growth rate (CAGR) during 2012-2017.
Earlier, Strategy Analytics said that 1.6 billion 4G / LTE connections (excluding M2M) worldwide will generate over 40 percent of service revenues by 2017. Interestingly, 1.6 billion 4G / LTE connections will be 18 percent of the total market. There were 88 million connections on LTE networks at the end of 2012. Strategy Analytics predicts that this number will grow to 322 million in 2013 and 1.6 billion in 2017.
Frost & Sullivan says LTE revenues in India, United Arab Emirates (UAE) and Saudi Arabia to reach USD 11.88 billion, USD 4.55 billion and USD 3.38 billion respectively in 2017. While LTE revenues in India are projected to grow at a phenomenal compound annual growth rate (CAGR) of 220.5 percent (2012-2017), revenues in the UAE and Saudi Arabia are expected to grow at 75.6 and 45.3 percent respectively, over the period 2011-2017.