LTE and LTE-Advanced infrastructure a $33 billion opportunity
LTE has become a mainstream technology for all wireless carriers, with over 380 fully launched commercial networks. Many wireless carriers have already deployed their LTE-Advanced features, including carrier aggregation. SNS Research estimates that LTE service revenues will account for nearly $170 billion in 2015, with revenues expected to grow even further, at a CAGR of 30% over the next 5 years.
LTE infrastructure spending is expected to account for nearly $33 billion by 2020. This spending comes from operators that are continuing to invest in LTE infrastructure, focusing on macrocell base stations (eNBs), small cells, and EPC/mobile core equipment.