2014-02-12 05:41:01 - LTE Market in US 2012-2016 - a new market research report on companiesandmarkets.com
The United States LTE market is to grow at a CAGR of 45.65 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased competition among network operators. The market has also been witnessing increased investment from AT&T Corp. However, pricing issues could pose a challenge to the growth of this market.
The main trend witnessed in the LTE market in the US is increased investment by AT&T. The LTE market in the US was mainly dominated by Verizon, which introduced the LTE networks in the US. Verizon and Sprint were the first network operators to introduce LTE in the US and Verizon invested heavily in 2010-2011, giving it a dominant position in the
market. However, AT&T has been investing heavily since 2011 in order to enhance its position in the market. The company also tried to acquire T-Mobile, another network operator in the US, in 2011, but it was unsuccessful. However, the increased investment by AT&T in LTE and the increased deployment of LTE networks across the country have led to immense growth in the market and increased competition among the network operators.
The main factor which is driving the LTE market in the US is the increased competition among the network operators. Verizon, the biggest network operator, has invested significantly in LTE. Sprint, another major network operator, was also one of the first operators to invest in LTE networks. With the increased adoption of LTE-enabled devices, the demand for LTE is increasing significantly.
The main challenge faced by the LTE market in the US is the pricing issues faced by the network operators and the vendors because of the intense competition. Equipment providers such as Ericsson, Alcatel-Lucent, and Nokia Siemens Networks are intensely competitive and they are focused on having an edge in the LTE market in the US, which is the biggest and fastest market for LTE. This has led to increased pricing issues, leading to less profitability.
The key vendors dominating this space include Alcatel-Lucent, Ericsson Inc., and Nokia Siemens Networks. The network operators domination this space include AT&T Inc. And Verizon Wireless Inc. The other vendors mentioned in this report are Airspan Networks Inc., Cisco Systems Inc., Datan Mobile Communications Equipment Company Ltd., Fujitsu Ltd., Genband Inc., HP Co., Huawei Technologies Co. Ltd., NEC Corp., NewNet Communication Technologies, Nortel Networks Corp., Proxim Wireless Corp., Redline Communications, Samsung Group., UTStarcom Inc., and ZTE Corp.
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