Infonetics Research: 4G market to reach $16B by 2015

Market research firm Infonetics Research said the global 2G/3G/4G infrastructure market declined by slightly more than 10 percent to $42.4 billion, thanks to slower investments in 2G. But the firm expects the entire market to rebound by 9.7 percent in 2011 thanks to large-scale 2G capacity upgrades, 2G network modernization and 3G coverage optimization. Not until 2015 will the market see 4G, LTE and WiMAX, having a more significant impact when a new global procurement cycle begins, predicted Stéphane Téral, Infonetics Research's principal analyst for mobile infrastructure. That 4G market will reach $16 billion by 2015, the firm forecasts. Release

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