2013 Set As Banner LTE Gear Year
The global market for Long Term Evolution (LTE) products and services will almost double this year, predicts Infonetics Research, bringing in more than $10 billion. With players in the United States, Japan, and South Korea leading the pack, “operators are in the midst of a second wave of LTE deployments, and LTE-Advanced is gearing for true 4G prime time, with NTT DoCoMo, SK telecom and, likely, Russia’s Yota all planning launches this year,” notes Stéphane Téral, principal analyst/Mobile Infrastructure and Carrier Economics. The research firm says Ericsson leads in the LTE infrastructure market, though Nokia Siemens Networks is closing the gap as of 4Q12; Alcatel-Lucent ranked Number Two for full-year 2012 and posted its best LTE quarter to date in the fourth quarter.