LTE Advanced Pro Market by Communication Infrastructure (Small Cell, Macro Cell, Ran Equipment, DAS), Core Network Technology (SDN, NFV), Deployment Location (Urban Areas, Public Spaces, Rural Areas, Residential) and Geography - Global Forecast to 2023
The LTE Advanced Pro market is estimated to be valued at USD 15.6 million in 2017 and is expected to reach USD 8,017.5 million by 2023, at a CAGR of 121.6% from 2018 to 2023. The base year considered for the study is 2017, and the forecast period considered is 20182023.
Market Dynamics
Drivers
- LTE Advanced Pro delivers higher bitrates in cost-efficient manner
- Improved efficiency with additional functionality
- Reduced latency and optimized connectivity to usher growth avenues
- Growing demand for improved network coverage
Restraints
- Technical ambiguity in air interface waveform technologies
Opportunities
- Dedicated provision for IoT
- Backward compatibility for assisting 5G technology
Challenges
- Optimization of complex radio frequency front-end (RFFE) architecture in LTE AP-based devices for improved performance
- Inter-cell interference among different cell sites
LTE Advanced Pro to usher high speed connectivity and evolve closer towards realizing 5G
With the implementation of an all-IP network architecture, reduced latency, high data rates, and better quality of service (QOS), it marks a new beginning in radio access technologies (RATs). The evolution of LTE into LTE Advanced and LTE Advanced Pro acts a parameter to enhance the network further to 5G. LTE Rel-8 standard defined in March 2009 had the primary objective to allow evolutionary changes toward 4G as imposed by IMT Advanced. LTE-Advanced specified within the 3GPP Rel-10 was defined to meet IMT Advanced requirements, and further with the release of LTE-Advanced Pro rel 13, functionalities such as LTE-WiFi Aggregation (LWA), License assisted access (LAA), Device to Device (D2D), direct communication, etc., were defined, enabling it to evolve closer to the goals of 5G capabilities. With the downlink speed of 10,000 Mbps in 5G technology, a huge generational shift of connected devices and applications can be leveraged.
Objectives of the Study
- To describe, segment, and forecast the LTE Advanced Pro market, in terms of value, by communication infrastructure, core network technology, and deployment location
- To forecast the market for various segments with respect to 4 main regionsNorth America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
- To analyze opportunities in the market for stakeholders and detail the competitive landscape for market players
- To strategically profile key players and comprehensively analyze their market ranking and core competencies
- To analyze developments such as product launches & developments, partnerships & collaborations, agreements, and research and development (R&D) in the LTE Advanced Pro market
The top-down and bottom-up approaches have been deployed to estimate the size of the LTE Advanced Pro market in the study. This entire research methodology includes the study of annual and financial reports of top players, presentations, and press releases; associations/consortiums such as Semiconductor Industry Association (SIA), Small Cell Forum, and Alliance for Internet of Things Innovation (AIOTI); paid databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource; and interviews with industry experts. Also, the average region-wise revenue generated by the companies was used to arrive at the LTE Advanced Pro market size. This overall market size was used in the top-down procedure to estimate the sizes of other individual markets via percentage splits from secondary and primary research.
To know about the assumptions considered for the study, download the pdf brochure
Huawei (China), Ericsson (Sweden), Nokia Networks (Finland), ZTE (China), and Samsung (South Korea) are the major players in the LTE Advanced Pro market.
Target Audience:
- Raw material and manufacturing equipment suppliers
- System integrators
- Software providers
- Network service providers
- Distributors and resellers
- Telecom infrastructure vendors
- Device manufacturers
- Telecom network operators
- Technology investors
- Research organizations
- Cellular technology-related associations, organizations, forums, and alliances
The study answers several questions for the target audience, primarily which market segments to focus on in the next 25 years for prioritizing their efforts and investments.
LTE Advanced Pro Market Segmentation:
By Communication Infrastructure
- Small Cell
- Integrated Small Cells
- Stand-Alone Small Cells
- Macro Cell
- RAN Equipment
- DAS
By Core Network Technology
- SDN
- NFV
By Deployment location
- Urban Areas
- Public Spaces
- Rural Areas
- Residential Areas
- Retail Stores (Supercenters & Hypercenters)
- Highways
- Large Enterprises
- Small and Medium Enterprises (SMEs)
- Hotels/Motels
- Airport/Rail/Bus Terminals
- Others
Geographic Analysis
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Rest of World (RoW)
- Middle East & Africa (MEA)
- South America
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options are available for the report:
Geographic Analysis
- Market segmentation of various deployment locations across countries
- Comprehensive coverage of regulations followed in each region (North America, APAC, Europe, and RoW)
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
The overall LTE Advanced Pro market is estimated to be valued at USD 150.0 million in 2018 and is expected to reach USD 8,017.5 million by 2023, at a CAGR of 121.6% from 2018 to 2023. Major drivers for this market are as follows: LTE Advanced Pro delivering higher bitrates in a cost-efficient manner; improved efficiency with additional functionality; reduced latency and optimized connectivity; and growing demand for improved network coverage.
The LTE Advanced Pro market has been segmented on the basis of communication infrastructure, core network technology, and deployment location. In terms of communication infrastructure, small cell is expected to hold the largest share of the market by 2023. The increasing number of buildings in cities has led to obstruction in telecom signals and is leading to poor quality of services and degraded customer experience. It is estimated that a large volume of data will be transferred between devices. To handle such large volumes of data at high speed, reliable network connectivity is imperative, and small-cell antenna systems will play an integral role in carrying out the communication process efficiently.
By core network technology, the LTE Advanced Pro market for NFV is expected to grow at the highest CAGR during the forecast period. For network operators to handle such huge data, increasing network capacity is a major challenge. NFV can play a critical role in overcoming this challenge. NFV promises to ease the load by granting service providers the flexibility to move network functions from dedicated appliances to generic servers.
Of all the major deployment locations, urban areas held the largest share of the LTE Advanced Pro market in 2017. Need for enhanced network capacity and coverage in locations such as city center zones, subways, and stadiums, which are always populated with a large number of occupants, is a major driver for the growth of the market in urban areas.
The LTE Advanced Pro market for the retail stores deployment is expected to grow at the highest CAGR between 2018 and 2023. Retail malls often face limited data coverage issue. High demand for accurate data and information flow at high speed in retail automation will drive the growth of the LTE Advanced pro network in retail stores.
Of all the regions, North America held the largest size of the global LTE Advanced Pro market in 2017. North America has emerged as a prominent region in terms of the adoption and implementation of LTE Advanced Pro services and applications. It is anticipated to witness strong demand for wireless cellular network across urban areas, residential areas, and rural areas, among others. The market in RoW is expected to grow at the highest CAGR between 2018 and 2023 followed by APAC. The growth of the market in APAC is attributed to THE adoption of new technologies and advancements by organizations functioning across various sectors. The region has become the center of attraction for major investments and business expansion opportunities.
key restraining factors for the global LTE Advanced Pro market are limitations on waveform flexibility and synchronization robustness. The underlying concern of the industry regarding shortening timescales for Phase I (rel. 15) may lead to technical ambiguity in air interface technologies and further compromise 5G quality.
Key players in the LTE Advanced Pro market are Huawei (China), Nokia Networks (Finland), Ericsson (Sweden), Samsung Electronics (South Korea), ZTE (China), NEC (Japan), Cisco Systems (US), Qualcomm (US), and Intel (US).
Leading LTE Advanced Pro network vendors are developing solutions for existing and new deployment opportunities to enhance better connectivity and high data speeds.
Residential Areas
Many devices and components (such as smart sensors, lighting systems, and alarm systems) are connected to each other over a network to accomplish tasks such as smoke monitoring, temperature control, and HVAC system control. To operate these systems remotely, an operator needs a quick real-time response, with low latency. Cellular network features high response time, high data transfer rate, and reliable connectivity, which make it a better network option for residential buildings and infrastructure applications than other networks.
Public Spaces
In public spaces, LTE Advanced Pro is mainly deployed in parks, plazas, large sports stadiums, entertainment arenas, and exhibition venues. Small cells and DAS are increasingly being selected as systems of choice by public space owners and neutral host providers to offer maximum wireless connectivity reach. Public venues are also keen on taking advantage of 4G LTE services, as these not only enhance service experience but also offer a competitive edge to building owners.
Rural Areas
Rural areas deployment includes remote towns and terrains, maritime, and remote industrial (mines and oil rigs). Rural areas offer huge growth opportunities to carriers willing to surge their subscriber base and coverage. The introduction of cellular communication in industrial areas would provide an additional alternative to manufacturers for wireless communication. Moreover, cellular communication has built-in security, and users can put up virtual private network (VPN) tunnels between remote devices and a central site for transmitting and receiving data
Critical Questions
- Will LTE be overshadowed by 5G or act as backward compatibility?
- What are probable hot bets for network vendors considering wireless tech as future connectivity tech?
- What are the adjacent markets that companies can leverage or explore?
- Is there any threat/opportunity from new regulations/entrants to existing ecosystem telecom operators and network vendors?
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
Table of Contents
1 Introduction (Page No. - 16)
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for This Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology (Page No. - 19)
2.1 Research Data
2.1.1 Secondary and Primary Research
2.1.1.1 Key Industry Insights
2.1.2 Secondary Data
2.1.2.1 Major Secondary Sources
2.1.2.2 Key Data From Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Interviews With Experts
2.1.3.2 Breakdown of Primaries
2.1.3.3 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Arriving at Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Arriving at Market Size By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 30)
4 Premium Insights (Page No. - 35)
4.1 Attractive Opportunities for LTE Advanced Pro Market
4.2 Market in APAC, By Communication Infrastructure and Country
4.3 Market for Small Cell, By Type
4.4 Market, By Core Network Technology
4.5 Market for Small Cell, By Deployment Location
4.6 Market, By Country
5 Market Overview (Page No. - 40)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 LTE Advanced Pro Delivers Higher Bitrates in Cost-Efficient Manner
5.2.1.2 Improved Efficiency With Additional Functionality
5.2.1.3 Reduced Latency and Optimized Connectivity to Usher Growth Avenues
5.2.1.4 Growing Demand for Improved Network Coverage
5.2.2 Restraints
5.2.2.1 Technical Ambiguity in Air Interface Waveform Technologies
5.2.3 Opportunities
5.2.3.1 Dedicated Provision for Iot
5.2.3.2 Backward Compatibility for Assisting 5g Technology
5.2.4 Challenges
5.2.4.1 Optimization of Complex Radio Frequency Front-End (RFFE) Architecture in LTE Ap-Based Devices for Improved Performance
5.2.4.2 Inter-Cell Interference Among Different Cell Sites
5.3 Value Chain Analysis
6 LTE Advanced Pro Market, By Communication Infrastructure (Page No. - 48)
6.1 Introduction
6.2 Small Cell
6.2.1 Integrated Small Cells
6.2.1.1 Microcell
6.2.2 Stand-Alone Small Cells
6.2.2.1 Picocell
6.2.2.2 Femtocell
6.3 Macro Cell
6.4 Ran Equipment
6.5 Das
7 LTE Advanced Pro Market, By Core Network Technology (Page No. - 62)
7.1 Introduction
7.2 Software-Defined Networking (SDN)
7.3 Network Functions Virtualization (NFV)
8 LTE Advanced Pro Market, By Deployment Location (Page No. - 69)
8.1 Introduction
8.2 Urban Areas
8.3 Public Spaces
8.4 Rural Areas
8.5 Residential Areas
8.6 Retail Stores (Supercenters and Hypercenters)
8.7 Highways
8.8 Large Enterprises
8.9 Airport/Rail/Bus Terminals
8.10 Small and Medium-Sized Enterprises (SMEs)
8.11 Hotels/Motels
8.12 Others
9 Geographic Analysis (Page No. - 95)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 South Korea
9.4.4 India
9.4.5 Rest of APAC
9.5 Rest of the World
9.5.1 Middle East & Africa
9.5.2 South America
10 Competitive Landscape (Page No. - 115)
10.1 Overview
10.2 Market Player Ranking Analysis (2017)
10.3 Competitive Situations and Trends
10.3.1 Partnerships & Collaborations
10.3.2 Product Launches & Developments
10.3.3 Acquisitions & Others
10.3.4 Alliances & Agreements
11 Company Profiles (Page No. - 127)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.1 Key Players
11.1.1 Huawei
11.1.2 Ericsson
11.1.3 Nokia Networks
11.1.4 Samsung Electronics
11.1.5 ZTE
11.1.6 NEC
11.1.7 Cisco Systems
11.1.8 Qualcomm
11.1.9 Intel
11.1.10 Ciena Corporation
11.1.11 Cavium, Inc.
11.1.12 Qorvo, Inc.
11.2 Other Key Players
11.2.1 Alphawireless
11.2.2 Airspan Networks
11.2.3 Incoax Networks Ab
11.2.4 Node-H GmbH
11.2.5 Mimosa Networks
11.2.6 Commscope
11.2.7 Sierra Wireless
11.2.8 Rakon
11.2.9 Accelleran NV
11.2.10 Comba Telecom Systems
11.2.11 American Tower
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 176)
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details
List of Tables (71 Tables)
Table 1 LTE Advanced Pro: Enhancing Foundation for Efficient Cellular Technology
Table 2 Expanding to New Use Cases
Table 3 Waveform Technologies and Features
Table 4 LTE Advanced Pro Market, By Communication Infrastructure, 20152023 (USD Million)
Table 5 Market for Small Cell, By Deployment Location, 20152023 (USD Million)
Table 6 Market for Small Cell, By Region, 20152023 (USD Million)
Table 7 Market for Small Cell, By Type, 20152023 (USD Million)
Table 8 Types of Base Stations
Table 9 Market for Macro Cell, By Deployment Location, 20152023 (USD Million)
Table 10 Market for Macro Cell, By Region, 20152023 (USD Million)
Table 11 Market for Ran Equipment, By Deployment Location, 20152023 (USD Million)
Table 12 Market for Ran Equipment, By Region, 20152023 (USD Million)
Table 13 Market for Das, By Deployment Location, 20192023 (USD Million)
Table 14 Market for Das, By Region, 20192023 (USD Million)
Table 15 Market, By Core Network Technology, 20152023 (USD Million)
Table 16 Market for SDN, By Deployment Location, 20152023 (USD Million)
Table 17 Market for SDN, By Region, 20152023 (USD Million)
Table 18 Market for NFV, By Deployment Location, 20152023 (USD Million)
Table 19 Market for NFV, By Region, 20152023 (USD Million)
Table 20 Market, By Deployment Location, 20152023 (USD Million)
Table 21 Market for Urban Areas, By Communication Infrastructure, 20152023 (USD Million)
Table 22 Market for Urban Areas, By Core Network Technology, 20152023 (USD Million)
Table 23 Market for Urban Areas, By Region, 20152023 (USD Million)
Table 24 Market for Public Spaces, By Communication Infrastructure, 20152023 (USD Million)
Table 25 Market for Public Spaces, By Core Network Technology, 20152023 (USD Million)
Table 26 Market for Public Spaces, By Region, 20152023 (USD Million)
Table 27 Market for Rural Areas, By Communication Infrastructure, 20152023 (USD Million)
Table 28 Market for Rural Areas, By Core Network Technology, 20152023 (USD Thousand)
Table 29 Market for Rural Areas, By Region, 20152023 (USD Million)
Table 30 Market for Residential Areas, By Communication Infrastructure, 20152023 (USD Million)
Table 31 Market for Residential Areas, By Core Network Technology, 20152023 (USD Thousand)
Table 32 Market for Residential Areas, By Region, 20152023 (USD Million)
Table 33 Market for Retail Stores, By Communication Infrastructure, 20152023 (USD Million)
Table 34 Market for Retail Stores, By Core Network Technology, 20152023 (USD Million)
Table 35 Market for Retail Stores, By Region, 20152023 (USD Thousand)
Table 36 Market for Highways, By Communication Infrastructure, 20152023 (USD Million)
Table 37 Market for Highways, By Core Network Technology, 20152023 (USD Million)
Table 38 Market for Highways, By Region, 20152023 (USD Thousand)
Table 39 Market for Large Enterprises, By Communication Infrastructure, 20152023 (USD Thousand)
Table 40 Market for Large Enterprises, By Core Network Technology, 20152023 (USD Thousand)
Table 41 Market for Large Enterprises, By Region, 20152023 (USD Thousand)
Table 42 Market for Airport/Rail/Bus Terminals, By Communication Infrastructure, 20152023 (USD Thousand)
Table 43 Market for Airport/Rail/Bus Terminals, By Core Network Technology, 20152023 (USD Thousand)
Table 44 Market for Airport/Rail/Bus Terminals, By Region, 20152023 (USD Thousand)
Table 45 Market for SMEs, By Communication Infrastructure, 20152023 (USD Thousand)
Table 46 Market for SMEs, By Core Network Technology, 20152023 (USD Thousand)
Table 47 Market for SMEs, By Region, 20152023 (USD Thousand)
Table 48 Market for Hotels/Motels, By Communication Infrastructure, 20152023 (USD Thousand)
Table 49 Market for Hotels/Motels, By Core Network Technology, 20152023 (USD Thousand)
Table 50 Market for Hotels/Motels, By Region, 20152023 (USD Million)
Table 51 Market for Others, By Communication Infrastructure, 20152023 (USD Thousand)
Table 52 Market for Others, By Core Network Technology, 20152023 (USD Thousand)
Table 53 Market for Others, By Region, 20152023 (USD Thousand)
Table 54 Market, By Region, 20152023 (USD Million)
Table 55 North American LTE Advanced Pro Market, By Country, 20152023 (USD Million)
Table 56 Market for North American, By Communication Infrastructure, 20152023 (USD Million)
Table 57 Market for North American, By Core Network Technology, 20152023 (USD Million)
Table 58 Market for European, By Country, 20152023 (USD Million)
Table 59 Market for European, By Communication Infrastructure, 20152023 (USD Million)
Table 60 Market for European, By Core Network Technology, 20152023 (USD Million)
Table 61 LTE Advanced Pro Market in APAC, By Country, 20152023 (USD Million)
Table 62 Market in APAC, By Communication Infrastructure, 20152023 (USD Million)
Table 63 Market in APAC, By Core Network Technology, 20152023 (USD Million)
Table 64 Market in RoW, By Region, 20152023 (USD Million)
Table 65 Market in RoW, By Communication Infrastructure, 20152023 (USD Million)
Table 66 Market in APAC, By Core Network Technology, 20152023 (USD Million)
Table 67 Ranking of Key Players in LTE Advanced Pro Market (2017)
Table 68 Most Recent Partnerships & Collaborations
Table 69 Most Recent Product Launches & Developments
Table 70 Acquisitions & Others (20152018)
Table 71 Alliances & Agreements (20172018)
List of Figures (48 Figures)
Figure 1 LTE Advanced Pro Market Segmentation
Figure 2 LTE Advanced Pro Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Market, By Communication Infrastructure, 2018 vs 2023 (USD Million)
Figure 7 Market, By Core Network Technology, 20152023 (USD Million)
Figure 8 Market, By Deployment Location, 2018 vs 2023
Figure 9 LTE Advanced Pro Market, By Region, 2017
Figure 10 Reduced Latency and Optimized Connectivity to Propel Market Growth During Forecast Period
Figure 11 China to Hold Largest Share of Market in APAC in 2023
Figure 12 Stand-Alone Small Cells to Hold Larger Share of Market for Small Cell Type in 2023
Figure 13 NFV to Hold Larger Share of Market in 2023
Figure 14 Residential Areas to Hold Largest Size of Market for Small Cell By 2023
Figure 15 US Held Largest Share of Market in 2017
Figure 16 Timeline of Advancements in Cellular Technology From Analog to 4G LTE Advanced Pro
Figure 17 LTE-Advanced Pro Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 LTE Advanced Pro Ecosystem Value Chain
Figure 19 Market, By Communication Infrastructure
Figure 20 Small Cell to Hold Largest Share of Market By 2023
Figure 21 Market for Macro Cell for Rural Areas to Grow at Higher CAGR During Forecast Period
Figure 22 Public Spaces to Hold Largest Size of Market for Das By 2023
Figure 23 Market for NFV to Grow at Higher CAGR During Forecast Period
Figure 24 Residential Areas to Hold Largest Share of Market for NFV in 2023
Figure 25 LTE Advanced Pro Market, By Deployment Location
Figure 26 Urban Areas to Hold Largest Share of Market in 2023
Figure 27 Macro Cell to Hold Largest Size of Market for Rural Areas in 2018
Figure 28 Market for Retail Stores for Small Cell to Grow at Higher CAGR During Forecast Period
Figure 29 APAC to Hold Largest Share of Market for Large Enterprises in 2023
Figure 30 NFV to Lead Market for Hotels/Motels During Forecast Period
Figure 31 Market, By Geography
Figure 32 Market Snapshot: North America
Figure 33 Market Snapshot: Europe
Figure 34 Market Snapshot: APAC
Figure 35 Companies Adopted Product Launch as Key Growth Strategy During 20152018
Figure 36 Partnerships & Collaborations Key Strategy Adopted By Players During 20152018
Figure 37 Huawei: Business Overview
Figure 38 Ericsson: Company Snapshot
Figure 39 Nokia OYJ: Company Snapshot
Figure 40 Samsung Electronics: Company Snapshot
Figure 41 ZTE: Company Snapshot
Figure 42 NEC: Company Snapshot
Figure 43 Cisco Systems: Company Snapshot
Figure 44 Qualcomm: Company Snapshot
Figure 45 Intel: Company Snapshot
Figure 46 Ciena Corporation: Company Snapshot
Figure 47 Cavium, Inc.: Company Snapshot
Figure 48 Qorvo, Inc.: Company Snapshot
Growth opportunities and latent adjacency in LTE Advanced Pro Market