4G LTE Global Market Development Gains Momentum


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Global 4G LTE subscribers are projected to grow 35 percent compounded annually over the next five years, from 516 million to 2.3 billion, according to the latest market study by TeleGeography. LTE market penetration has been the greatest in South Korea, where the 4G technology accounted for 63 percent of wireless subscribers in 2014.

Close behind South Korea is the United States market, where LTE overtook 3G as the leading mobile communications technology last year — to account for just over half of wireless subscribers, and Japan, where LTE had a subscriber market share of 41 percent in 2014.

While 4G LTE will continue to grow in each of these leading nations over the next five years to account for between 80 and 90 percent of their respective mobile subscribers, mobile networks in the rest of the world will now begin to catch up.

The country to watch is…

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