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As a natural upgrade path for carriers from the previously detached GSM, CDMA and TD-SCDMA ecosystems, LTE has emerged as the first truly global mobile communications standard. Commonly marketed as the “4G” standard, LTE promises to provide higher data rates and lower latency at a much lower TCO (Total Cost of Ownership) than 3G technologies.

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With over 380 fully commercial network launches, LTE has become a mainstream technology, and a number of wireless carriers have already deployed LTE-Advanced features such as carrier aggregation. SNS Research estimates that LTE service revenues will account for nearly $170 Billion in 2015. Revenues are further expected to grow at a CAGR of 30% over the next 5 years.

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Driven by these revenue prospects, operators continue to aggressively invest in LTE infrastructure, encompassing macrocell base stations (eNBs), small cells and EPC/mobile core equipment. LTE infrastructure spending is expected to account for nearly $33 Billion by the end of 2020.

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1Chapter 1: Introduction25

1.1Executive Summary25

1.2Topics Covered27

1.3Historical Revenue & Forecast Segmentation28

1.4Key Questions Answered30

1.5Key Findings31


1.7Target Audience33

1.8Companies & Organizations Mentioned34

2Chapter 2: LTE and LTE-Advanced Ecosystem42

2.1Mobile Broadband Growth42

2.2LTE Technology & Market Momentum43

2.2.1What is LTE?43

2.2.2Architectural Overview & Components43

2.2.3Underlying Technologies & Key Performance Metrics of LTE47

2.2.4Choice of Spectrum Bands48

2.2.5Overtaking WiMAX as the Dominant 4G Standard48

2.2.6Providing an Upgrade Path for Both 3GPP and 3GPP2 Wireless Carriers48

2.2.7An Established Market: Over 380 Commercial Deployments49

2.2.8Motivation for LTE-Advanced49

2.3What is LTE-Advanced?50

2.3.1Carrier Aggregation50

2.3.2Optimizing Small Cell Performance50


2.3.4Higher Order MIMO51


2.3.6Unlicensed Spectrum51

2.4Key Market Drivers: What Factors Are Driving LTE and LTE-Advanced Investments?52

2.4.1Growing Traffic Capacity Demands52

2.4.2Competitive Operator Landscape: Seizing the $1.5 Trillion Opportunity53

2.4.3LTE Value Proposition: Network Performance and Cost Savings54

2.4.4Flexible Spectrum & Spectral Efficiency55

2.4.5Address 2G/3G Legacy Network Congestion55

2.4.6Seamless Interoperability with Legacy Networks55

2.4.7Strategic Choice for CDMA & WiMAX Operators: Join Mainstream Ecosystem55

2.4.8Bringing Broadband to the Masses: Enabling Cheap Mobile Broadband Connectivity56

2.4.9Growing Interest from Vertical Markets56

2.4.10Vendor Endorsement56

2.4.11Narrow Competition from Competing Standards57

2.5Challenges & Inhibiters to the Ecosystem58

2.5.1Time to Market58

2.5.2Operator CapEx58

2.5.3Spectrum Congestion59

2.5.4Impact of RAN Sharing59

2.5.5Social, Political, Economic and Environmental Risks59

2.5.6Committing to Initial Investments60

2.5.7Roaming Challenges60

2.5.8Voice Support: VoLTE Comes to Rescue60

2.5.9Investment Returns: The OTT Threat61

2.5.10Backhaul Capacity Limitations61


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