[January 17, 2014]

Research and Markets: Low-Priced (Below US$100) LTE Devices to Spread Only After 2014 Says Recent Report

Research and Markets (http://www.researchandmarkets.com/research/gw8zkg/mobile_business) has announced the addition of the "Mobile Business Setups for Revival & Profitability 2013 & Beyond" report to their offering.

Mobile Business Setups - for Revival & Profitability: The reasons which led us to choose this particular project springs from the telecoms happenings globally in the past couple of years. After a decade of extraordinary growth, when telecom players had been generating huge revenues and had great profit margins, the industry is today at a point where even many established players are struggling for their survival. And it's high time even for the players that are in safe position today to review and restructure their mobile business setups to remai profitable in the future.

Key Findings

- VoLTE has all the capabilities to beat the OTT VoIP services; however, the device ecosystem is currently not in its favour. The penetration of LTE (News - Alert) devices is low and limited to developed markets such as the US and South Korea. Price of LTE devices are declining, but it is still not affordable for the masses and we expect that low-priced (below US$100) LTE devices will spread only after 2014.

- The demand for smartphones is growing rapidly and it is going to make more than 50% of the total mobile phones shipped globally in 2013. The worldwide shipment for smartphones will reach 1.7 billion by 2018.

- Strong demand for Android tablets and the introduction of new iPad mini from Apple (News - Alert) have greatly boosted the worldwide tablet market. In fact, tablet market is going to heat up further with the introduction of more affordable devices from Chinese vendors and the introduction of Apple's iPad mini 2 (by the end of 2013 and most probably at significantly reduced price). We predict the total worldwide shipment for tablets to cross 300 million mark in 2017 and reach close to 345 million in 2018.

- The worldwide mobile service revenue from business users will reach US$360 billion by 2018. On the other hand, the enterprise cloud-based services would double by 2018 from the current size of US$18.3 billion in 2012.

For more information visit http://www.researchandmarkets.com/research/gw8zkg/mobile_business

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