LTE and 5G Market Analysis, Trends, Forecast, 2014-2020

LTE and 5G Market Analysis, Trends, Forecast, 2014-2020

The mobile broadband industry is evolving rapidly, with the successful global deployment of 3G in certain regions, the next iterations lined up are LTE or 4G and 5G. 4G and 5G are nothing but the acronyms for fourth and fifth generation of mobile telecommunication technology succeeding 3G. Long Term Evolution (LTE) can be deployed by mobile operators in two different ways .i.e. global system for mobile communication (GSM) and code-division multiple access (CDMA), depending on the radio frequency spectrum available. 4G can support data speeds of up to 100Mbps in the downlink and 50 Mbps in the uplink. Both 4G and 5G are based on IP packet switched network infrastructure. The next advancement to 4G networks is 5G, which can deliver speeds up to an astounding rate of 10 Gbps. LTE is governed by 3rd generation partnership project also known as 3GPP whereas 5G is governed by a new body known as 5G Infrastructure Public-Private Partnership, in short 5G PPP

When it comes to benefits, LTE and 5G technologies has lot to offer to consumers as well as businesses, which includes support of higher data rates ( upload and download rates), lowered latency or response time of the network, better security with multilevel data encryption and other security enhancements, deeper coverage than its predecessor technology, higher reliability and seamless roaming. These technologies have various applications like in internet services, multimedia services, voice calls over Internet Protocol (VOIP), gaming services, video telephony and mobile TV.

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Increasing mobile broadband connections, high data consumption in various applications such as video streaming, video conferencing and by new mobile devices and efficient use of spectrum are some of the factor that are increasing the adoption of LTE and 5G technologies.

The challenges that need to be addressed in order to deploy such advance...

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