LTE Market Expected to Reach $997 Billion, Globally, by 2020

Date: 2015-06

The LTE market is to soar as high as $997 billion by 2020, experiencing a CAGR of 58.2% during 2013-2020. Asia Pacific is forecast to surpass other geographical markets by 2020 with approximately 40% of the global LTE market. Current revenue (2013) from LTE market in Asia Pacific accounts to $2.8 billion and is expected to reach a value of $390 billion by 2020.

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