The Mobile Radio Access Network (RAN) LTE equipment market is forecast to grow at a compounded annual growth rate (CAGR) of more than 20 percent over the next five years, according to a newly published forecast report by Dell’Oro Group.
Top LTE RAN vendors in first quarter 2013 included Ericsson, Nokia Siemens, Huawei.
“Even though commercial LTE networks are deployed in more than 70 countries, it is important to keep in mind that in excess of 80 percent of the worldwide LTE subscription installed base resides in just three countries,” said Stefan Pongratz, RAN Analyst at Dell’Oro Group. “So even if some of the advanced LTE markets will see their eNodeB shipments peak in 2013, in many other parts of the world we are still at the very beginning of the transition towards 4G. For the early LTE adopters, the shift from coverage to improving performances at the cell-edges, indoor, and adding capacity will be significantly faster in the 4G versus the 3G era, and will drive recurring LTE investments in many of the advanced LTE markets,” continued Pongratz.
The report also shows that total RAN revenues in Europe and Asia Pacific are expected to generate the highest CAGRs over the next five years while the North America RAN market is expected to have the most negative CAGR.
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