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Global LTE Base Station Market to Grow at a CAGR of 17% by 2021 - Increasing Demand for Network Capacity to Access Connected Services - Research and Markets

[March 24, 2017]

Global LTE Base Station Market to Grow at a CAGR of 17% by 2021 - Increasing Demand for Network Capacity to Access Connected Services - Research and Markets

Research and Markets has announced the addition of the "Global LTE Base Station Market 2017-2021" report to their offering.

The global LTE (News - Alert) base station market to grow at a CAGR of 17.01% during the period 2017-2021.

The report, Global LTE Base Station Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

According to the 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 communicatins 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.

Key vendors