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4G LTE connections to reach 2 billion in 2018

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Harmeet
New Update

BOSTON, USA: Global 4G LTE connections will grow from 238 million in 2013 to 2 billion in 2018 according to a new forecast from Strategy Analytics' Wireless Operator Strategies service. The report, "Worldwide Cellular User Forecasts, 2013-2018" predicts that LTE networks will account for almost half of mobile service revenue globally by 2018, up from under 10 percent in 2013.

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The US, Japan and South Korea are finally starting to see their grip on the global LTE market weaken in the second half of 2013. Their share of global connections will fall from 90 percent at the start of 2013 to 76 percent by year end, with Western Europe in particular generating more meaningful 4G volume as LTE increasingly penetrates operators' smartphone portfolios.

"Even in 2014, the US, Japan and South Korea will remain the dominant LTE markets, but all eyes will be on China," comments Phil Kendall, director of Strategy Analytics' Wireless Operator Strategies service and author of the report.

"With TD-LTE licenses now awarded and China Mobile particularly keen to expand and launch its already large pre-commercial network, China should be the catalyst driving lower-cost 4G devices into the global market over the next two years."

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