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The Long-Term Evolution (LTE) Base Station Market size is estimated to grow at a CAGR of 13.5% between 2022 and 2027. The market size is forecast to increase by USD 39.00 billion. The growth of the market depends on several factors, including increased LTE network deployment in emerging economies, increased investments in small cell infrastructure and growing demand for IoT devices. Long-term evolution (LTE) is a telecommunication standard that supports wireless communication. LTE base station is a land station that incorporates LTE base station systems such as baseband units (BBU), active antenna units, radio remote units (RRU), and power units. LTE base station systems facilitate wireless communication between the user equipment and a network.
This LTE base station market report extensively covers market segmentation by end-user (rural and remote, urban, enterprise, and residential and SOHO), product (macrocell and small cell), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Increased LTE network deployment in emerging economies is notably driving market growth. The rising deployment of LTE networks in emerging economies is one of the key factors driving the growth of the global LTE base station systems market. The LTE network deployment in developed countries such as the US, China, South Korea, and Japan has hit its saturation point. Network operators in advanced countries are now more emphasised on the deployment of the 5G network. Consequently, network operators have shifted their emphasis on LTE deployment toward developing countries, which presents a prominent growth potential due to the expanded demand for 5G connectivity which resulted in the expansion of the long-term evolution (LTE) base station market growth.
Also, other aspects, like the augmented mobile internet subscription and availability of low-cost smartphones, have expanded the number of smartphone users in the long-term evolution base station market. Experiencing this advanced demand, network operators are largely supporting the implementation of LTE infrastructure to manage the rising digital traffic, which will fuel the growth of the global LTE base station market during the forecast period.
Increased adoption of FDD-LTE is an emerging trend shaping the market growth. Cellular communication systems, including LTE networks, must be able to transmit in both directions simultaneously. Therefore, there is a requirement for LTE base station equipment that supports both the duplexing schemes, including frequency division duplexing (FDD) and time division duplexing (TDD). In addition, the network traffic is managed through duplexing of uplink and downlink. In both these processes, a single communication channel is divided into two paths for both uplink and downlink.
However, FDD LTE provides benefits while planning a base station. For receiving and transmitting, FDD base stations use various frequencies, which can have a positive impulse on the long-term evolution base station market. Therefore, they do not interfere with the neighboring base station, unlike TDD LTE. Consequently, the rising adoption of TDD LTE will drive the market during the forecast period.
Increasing interest in Massive MIMO is a significant challenge hindering the market growth. During reducing wireless network interference, MIMO is a pivotal technology that will significantly increase network capacity and spectral efficiency. As a result, there will be major improvements in the end-user experience. Massive MIMO technology can improve the spectral efficiency of mobile communication systems. Massive MIMOs indicate more antenna transmitters and receivers, which expands the number of possible transmission paths which will subsequently result in better data rates and reliability.
Moreover, massive MIMO has a highly efficient power control that can allow uniformly good service during the cell, eliminating the need for a small cell, which can have a negative impact on the long-term evolution (LTE) base station market growth. Such factors will hinder the deployment of small cells, thereby negatively influencing the growth of the LTE base station market during the forecast period.
The market share growth by rural and remote segment will be significant during the forecast period. To rural and remote communities where conventional wired infrastructure is often impractical or cost-prohibitive, LTE base stations provide high-speed internet access which further increases the long-term evolution base station market demand. This provides residents with to access online resources, educational materials, and telemedicine services. LTE base stations improve voice and data communication in remote areas, lowering isolation and enabling people to stay connected with family, friends, and emergency services.
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The rural and remote segment was the largest and was valued at USD 9.44 billion in 2017. LTE can be used to support precision agriculture, especially in rural areas. For increased efficiency and productivity, farmers can access real-time weather data, remote monitoring of equipment, and implement smart farming practices. Also, students can access educational resources, attend virtual classes, and collaborate with peers and teachers, even in places without access to conventional educational institutions. Therefore, LTE base stations are instrumental in bridging the digital divide and bringing essential services, economic opportunities, and connectivity to rural and remote areas, ultimately enhancing the quality of life for the people living in these regions which can drive the demand for long-term evolution (LTE) base station market growth. long-term evolution (LTE) base station market growth. Such factors will boost the growth of the market's rural and remote segments, which will drive the market during the forecast period.
A macrocell is a cell site in a mobile communication network that delivers radio coverage to a large area and large user base compared with small cells. The adoption of cutting-edge technologies, including C-V2X, has facilitated telecom operators to develop the LTE network, particularly along highways. A vehicle uses a mobile network communication channel to connect with other automobiles, pedestrians, and roadside infrastructure for efficient and smart traffic management in C-V2X technology. These mobile communication channels can only be implemented through LTE base stations. Therefore, the growth of such technologies will fuel the growth of the macrocell segment, which will accelerate the global LTE base station market growth during the forecast period.
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APAC is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In APAC, the LTE base station market is expected to experience high growth due to its huge market potential in developing economies such as China, Malaysia, Indonesia, and India. The growth of the LTE base station market in the region is mainly driven by the growing investments by network operators for the deployment of LTE networks due to the advanced data traffic in the region.
Moreover, the increasing middle-class population and rising consumer demand for data services, including mobile internet and video streaming, create strong market drivers for LTE base station deployments. As a result, there will be an increase in the LTE base station market presence. Therefore, these factors will fuel the growth of the market in the region during the forecast period.
The outbreak of the COVID-19 pandemic hindered the regional growth of the market. However, in 2021, with a decline in the number of COVID-19 cases and the resumption of operations with new regulations. Moreover, to help the economy and protect businesses and workers, the governments of various countries are supporting LTE base station system manufacturers by implementing new regulations to help the economy and protect businesses and workers, therefore expanding the LTE base station market presence. Such factors will lead to advancements in the supply of LTE base station systems and, therefore, will help in the growth of the market in the region during the forecast period.
The LTE Base Station Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global LTE Base Station Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Airspan Networks Holdings Inc. - The company offers LTE base stations such as AirHormony 1000, AirHormony 4000, AirHormony 4200, and AirHormony 4400.
Alpha Wireless Ltd. - The company offers LTE base stations such as AW3159 M F, AW3828 E F, and AW3727 T8 N.
AT and T Inc. - The company offers LTE base stations such as AT and T on-premises cellular network which bring the power of cellular to the premises with 5G LTE and the latest emerging edge technologies.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The LTE base station market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
LTE Base Station Market Scope |
|
Report Coverage |
Details |
Page number |
176 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.5% |
Market growth 2023-2027 |
USD 39.00 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
12.25 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 36% |
Key countries |
US, China, India, Japan, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Airspan Networks Holdings Inc., Alpha Wireless Ltd., AT and T Inc., Baicells Technologies, BLiNQ Networks, Cassava Technologies, Cisco Systems Inc., CommScope Holding Co. Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Motorola Solutions Inc., NEC Corp., Nokia Corp., NuRAN Wireless Inc., Qualcomm Inc., Samsung Electronics Co. Ltd., TEKTELIC Communications Inc., Telefonaktiebolaget LM Ericsson, Verizon Communications Inc., and ZTE Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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