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Research and Markets - Global LTE Base Station Market to Grow at a CAGR of 17%, 2017-2021 With Ericsson, Huawei Technologies, Nokia & ZTE Leading the WayDUBLIN, Mar 29, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Global LTE Base Station Market 2017-2021" report to their offering.  The global LTE 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. One trend in the market is the growth of complementary technologies such as SDN and NFV. By 2020, approximately 2.2 billion mobile connections will be using LTE technology out of the total 8.5 billion mobile connections. An increase in the number of data-capable devices and high-bandwidth applications is contributing to the growth in the mobile data traffic. It is expected that the global mobile data traffic will surpass 30 exabytes by 2020, growing at a CAGR of 59% from 2015 to 2020. oftware-defined networking (SDN) facilitates new revenue streams for telecom operators by re-examining network architectures, introducing virtualization, and providing intelligence solutions. SDN and network functions virtualization (NFV) enable more flexibility and seamless integration with infrastructure layers. NFV leverages advancements in server virtualization and enterprise IT virtualization. On the other hand, SDN allows logical centralization of control functions. 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 communications 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
Other Prominent Vendors
Key Topics Covered: PART 01: Executive summary For more information about this report visit http://www.researchandmarkets.com/research/scvpl4/global_lte_base Media Contact: Laura Wood, Senior Manager
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