According to Data Bridge Market Research new Market report, global LTE advanced pro market will account to an estimated USD 148.4 million in 2018 growing at a CAGR of 121.9 % during the forecast period of 2019 to 2026.
Global LTE Advanced Pro Market
LTE Advanced Pro is the latest technology of LTE networks which is completely focus on higher capacity that offers higher bitrate and peak data rate such as DL 3 Gbps, UL 1.5 Gbps, with improved performance of edge cells like DL 2X2 MIMO with Carrier Aggregation (CA) functionalities. Mostly the LTE advanced pro is expanding its range in new industries in the form of automation and IoT. The new mode of 3GPP is specified in mobile technology standards that used to put focus on mobile networks beyond 3G.
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Global LTE Advanced Pro Market is segmented on the basis of communication infrastructure, core network technology, deployment location and geography.
By Communication Infrastructure (Small Cell,, Microcell, , , Macro Cell, RAN Equipment, DAS), Core Network Technology (Software-Defined Networking (SDN), Network Functions Virtualization (NFV)), Deployment Location (Urban Areas, Public Spaces, Rural Areas, Residential Areas, Retail Stores, Highways, Large Enterprises, Airport/Rail/Bus Terminals, Small and Medium-Sized Enterprises (SMEs), Hotels/Motels and Others), and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa).
FACTORS DRIVING GROWTH IN LTE ADVANCED PRO MARKET
Rising demand of network coverage at lower cost:
The rise in the mobile networks with LTE technology is gradually progress with mobile Wifi connectivity in with the help of mobile broadband. Its delivered better data signal and 4G as LTE and 3G service with CDMA EV-DO or UMTS/ HSPDA connection. It uses latest technology based carrier aggregation which allows a device such as smart phones, with a frequency of 1800MHz and an 800MHz signal. For better coverage its uses MIMO and OFDM that increases the spectrum to provide the required bandwidth.
Few of the major competitors currently working in the LTE Advanced Pro market are Huawei Technologies Co. Ltd., Nokia, Telefonaktiebolaget LM Ericsson, SAMSUNG, ZTE Corporation, NEC Corporation, Cisco, Ciena Corporation, Cavium, Qorvo Inc, Alpha Wireless, Airspan, InCoax Networks AB, Mimosa Networks Inc., CommScope, Rakon Limited, Accelleran NV, Comba Telecom Systems Holdings Ltd., ATC IP LLC, Qualcomm Technologies Inc., Intel Corporation, Artiza Networks Inc., and Sierra Wireless and among others.
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Global LTE Advanced Pro Market– Industry Trends and Forecast to 2026