LTE industry set for huge growth in 2017, says Juniper report

Juniper Research presented a new study predicting that 4G LTE operators can achieve revenues exceeding $340 billion in 2017.

According to 4G LTE: Subscribers, Devices, Infrastructure & Service Revenue 2013-2017, the entire LTE industry (2G, 3G, and 4G) achieved $75 billion of revenues during 2012. The industry had also gained more than enough momentum during the past year to trigger an extended growth spurt.

Additionally, the enterprise segment initially commands the highest number of subscribers and profits in the LTE industry. But Juniper says the increasing volume of consumer subscribers will exceed the number of enterprise subscribers come 2015.

Juniper also believes that the consumer segment will merely account for less than half of total revenues. The vast majority of revenues will go to North American and Far Eastern markets, specifically China.

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