LTE subscriptions to surpass 130 million in 2013

DUBLIN, IRELAND: Research and Markets has announced the addition of a new database "2G, 3G & 4G Mobile Network Subscriptions, Spectrum Licensing, Ownership, Infrastructure Contracts & Handset Shipments Database: 2013-2020" to its offering.

SNS Research's latest database indicates that global mobile network subscriptions will reach 7.4 million at the end of 2013. Mobile broadband in particular is witnessing considerable growth.

SNS Research estimates that HSPA subscriptions have already crossed the 1 billion mark. LTE is estimated to account for nearly 130 million subscriptions at the end of 2013. Driven by ongoing deployments, LTE penetration will significantly grow at a CAGR of 53 percent over the next seven years.

LTE connections will eventually represent more than 2.4 billion subscriptions in 2020. Presently US, Japanese and South Korean mobile network operators are leading LTE subscriptions with a combined market share of 75 percent, driven by their early adoption of the technology.