A new study forecasts that European users will lead the charge into LTE with a compound annual growth rate (CAGR) of over 50 per cent. This latest report from Coda Research states that, by 2013, North America will have seven million LTE users, Asia/Pacific 13 million and Europe 15 million. However, Europe will be overtaken by Asia/Pacific in 2016, with the Chinese becoming dominant users in the region.
Of particular note, according to Coda Research, is the type of data traffic that will drive this growth in Europe between 2012 and 2017:
- Video will lead with a CAGR of 93 per cent
- Audio traffic will see a CAGR of 79 per cent
- Data (internet access, etc.) will experience a CAGR of 78 per cent
- P2P will see a CAGR of 77 per cent
In contrast with all mobile broadband revenues, Coda maintains that LTE revenues will greatest in Europe. LTE revenues in Europe will rise by a CAGR of 47% over 2012, and will form 83 per cent of all mobile broadband revenue in this region, while LTE revenues from North America will form 72 per cent of all mobile broadband revenues for this region.
However, Coda warns that, in the short term, operators will face the key challenge of pricing LTE at a rate that is profitable but which does not hinder take up.
For more on this story:
Mobile industry pushes LTE
Vodafone: No LTE in Europe before 2012
Can network sharing propel LTE
Motorola demos LTE in Ericsson's backyard
LTE deployment unaffected by economic woes