Long-term evolution (LTE) base station system is an equipment designed to save energy and reduce cost by using latest technology to improve installation and to significantly reduce power consumption. It is a standard system for high-speed wireless communication for mobile phones and data terminals, to increase the capacity and speed, by using a different radio interface together with core network improvements.
The base station equipment for the LTE system (evolved Node B (eNodeB)) is equipped with radio access & control technology, which is under provision by IP-Radio Network Controllers (IP-RNC) and Base Trans receiver Station (BTS) in the W-CDMA system. LTE base stations are the main links in a chain, which connects users to the mobile network, and one of many crucial components in delivering the quality of service, which will separate incumbency from obsolescence. Rise in demand for high-speed broadband services and growth in consumer awareness of IoT applications, such as connected homes & automobiles, drive the global LTE base station system market. In addition, growth of overall telecom market and increase in need for high data transfer rate fuel the growth.
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However, stringent norms for telecom operators in some countries and lack of availability of compatible devices restrict the market growth. Moreover, increase in development of wireless communication technology, growth of complementary technologies such as software-defined networking (SDN) and network functions virtualization (NFV), and increase in telecom customer base present major opportunities for market development.
The global LTE base station system market is segmented on the basis of product type, end user, and region. By product type, the market is bifurcated into TDD-LTE and FDD-LTE. Based on end user, it is categorized into residential & small office or home office (SOHO), enterprise, urban, and rural. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.
In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
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It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
KEY BENEFITS
The study provides an in-depth analysis of the global LTE base station system market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the LTE base station system industry.
The quantitative analysis of the global market from 2017 to 2023 is provided to determine the LTE base station system industry potential.
Key Market Players
Ericsson AB
Huawei Technologies Co., Ltd.
Nokia Corporation
ZTE Corporation
Alpha Networks Inc.
AT&T Inc.
Airspan
Cisco Systems Inc.
CommScope Inc.
Motorola Solutions.
LTE Base Station System Market Key Segments:
By Product Type
TDD-LTE
FDD-LTE
By End User
Residential & Small Office or Home Office (SOHO)
Enterprise
Urban
Rural
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By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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