LTE Base Station

LTE Base Station

Global LTE Base Station Market to Reach $116.4 Billion by 2027

Amid the COVID-19 crisis, the global market for LTE Base Station estimated at US$35.7 Billion in the year 2020, is projected to reach a revised size of US$116.4 Billion by 2027, growing at aCAGR of 18.4% over the period 2020-2027. TDD-LTE, one of the segments analyzed in the report, is projected to record 19.6% CAGR and reach US$39.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the FDD-LTE segment is readjusted to a revised 17.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $10.6 Billion, While China is Forecast to Grow at 17.6% CAGR

The LTE Base Station market in the U.S. is estimated at US$10.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$20 Billion by the year 2027 trailing a CAGR of 17.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.5% and 15.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR.We bring years of research experience to this 9th edition of our report. The 146-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

• Airspan Networks, Inc.
• Argela
• AT&T, Inc.
• China Mobile Ltd.
• Cisco Systems, Inc.
• CommScope, Inc.
• Communication Components Inc. (CCI)
• Ericsson AB
• Huawei Technologies Co., Ltd.
• ip.access Limited
• Juni Global Co., Ltd
• NEC Corporation
• Nokia Corporation
• Qualcomm Technologies, Inc.
• Samsung Electronics Co., Ltd.
• TEKTELIC Communications Inc.
• Telenor ASA
• Telia Company AB
• Verizon Wireless
• Vodafone Group Plc
• ZTE Corporation

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