REDWOOD CITY, Calif., July 19, 2013 /PRNewswire/ -- According to a newly published forecast report by Dell'Oro Group, the trusted source for market information about the networking and telecommunications industries, the Mobile Radio Access Network (RAN) LTE equipment market is forecast to grow at a compounded annual growth rate (CAGR) of more than 20 percent over the next five years.
"Even though commercial LTE networks are deployed in more than 70 countries, it is important to keep in mind that in excess of 80 percent of the worldwide LTE subscription installed base resides in just three countries," said Stefan Pongratz, RAN Analyst at Dell'Oro Group. "So even if some of the advanced LTE markets will see their eNodeB shipments peak in 2013, in many other parts of the world we are still at the very beginning of the transition towards 4G. For the early LTE adopters, the shift from coverage to improving performances at the cell-edges, indoor, and adding capacity will be significantly faster in the 4G versus the 3G era, and will drive recurring LTE investments in many of the advanced LTE markets," continued Pongratz.
The report also shows that total RAN revenues in Europe and Asia Pacific are expected to generate the highest CAGRs over the next five years while the North America RAN market is expected to have the most negative CAGR.
Dell'Oro Group's quarterly market share report reveals the top vendors in the LTE RAN market on a revenue basis in first quarter 2013 were Ericsson, Nokia Siemens and Huawei.
About the Report
The Dell'Oro Group Mobile Radio Access Network 5-Year Forecast Report offers a complete overview of the Mobile Radio Access Network industry, macro and public access small cells, with tables covering manufacturers' revenue, average selling prices, transceivers or RF carrier shipments, unit shipments for base station controllers, and base transceiver stations for LTE FDD/LTE TDD/WCDMA/GSM/CDMA/WiMAX.
To purchase the Mobile RAN report (July 2013), please call Julie Learmond-Criqui at +1.650.622.9400 x244 or email Julie@DellOro.com.
About Dell'Oro Group
As the trusted source for market information about the networking and telecommunications industries, Dell'Oro Group provides in-depth, objective research and analysis that enable component manufacturers, equipment vendors, and investment firms to make fact-based, strategic decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.DellOro.com.
SOURCE Dell'Oro Group