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LTE sub base to hit 1.4bn before 2016

LTE sub base to hit 1.4bn before 2016

LTE sub base to hit 1.4bn before 2016

ABI Research estimates that there will be nearly 1.37 billion 4G LTE subscribers worldwide by year-end 2015, up from nearly 650 million in 2014.

ABI Research forecasts that the LTE subscriber base will exceed 3.5 billion by 2020, demonstrating a 5 year CAGR of 20.8%.

The exponential rise in LTE points-of-presence covered justifies the need for sustained investment in LTE infrastructure, which is expected to grow nearly 10% year-on-year.

Major carriers in the United States are still investing heavily in LTE technology to consolidate their networks. Verizon Wireless is partnering with Ericsson to deploy small cells or micro-basestations to densify its network capabilities, with nearly US$500 million allocated for small cells deployment.

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