Global TD-LTE Ecosystem Market: Growing Popularity of Streaming-Video Driving Demand, notes TMR
A fresh study by Transparency Market Research (TMR) suggests that a number of companies are currently connected to the value chain of the global TD-LTE ecosystem market, which is a clear indication of widespread opportunities in a developing market scenario. The report identifies Huawei Technologies Co. Ltd., Nokia, Samsung Electronics Co. Ltd., Telefonaktiebolaget L. M. Ericsson, AT&T, Inc., ZTE Corporation, Qualcomm Inc., MediaTek, Inc., Broadcom Corporation, and Spreadtrum Communications Inc. as some of the most prominent companies in the global TD-LTE ecosystem market.
As per the projections of the report, the demand in the global TD-LTE ecosystem market will increase at a phenomenal CAGR of 24.4% during the forecast period of 2017 to 2025, estimating it to achieve a global worth of US$264.00 bn by 2025, mounting from its evaluated valuation of US$40.80 bn in 2016. The report notes that a number of significant TD-LTE network deployments have occurred in the past three years, such as Sprint in The U.S., Bharti Airtel in India, and SoftBank in Japan, as a result of spectrum availability and decreased deployment costs. China based vendor, Huawei, is a highly respectable name in the global TD-LTE ecosystem market. The company signed a US$45.0 mn contract with Italian ISP Tiscali in September 2016. On the other hand, Ericsson also holds a significant chunk of shares in the global TD-LTE ecosystem market, capitalizing on upcoming deployment opportunities in both Asia Pacific and Europe.
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Equipment-wise, macro cells have considerably more demand than small cells, whereas on the basis of device type, notebooks serve maximum revenue share of the market, than other segments including PCs, smartphones, routers, and tablets. Application-wise, the market for TD-LTE ecosystem has been classified into retail, banking institutes, healthcare, and personal uses. Geographically, North America currently is the most lucrative regional market, although Asia Pacific offers widespread opportunities too.