LTE Base Station Market - Technological Advancements to Overcome the Existing Challenges
With different telecom operators around the world are turning their attention towards LTE, the equipment suppliers emerging the fundamental technology and network product are basically busting a lung to make this thing happen. The main product in any type of LTE network is going to be the radio frequency base station, or Long term evolution radio equipment face that hinge on assumptions around the deployment scenarios and the upgrade strategies. The growth of LTE base station market is highly reliant on the growth of overall telecom market globally.
Continuously Increasing demand for better network capacity to access the connected services is one of the major growth drivers for the LTE base station market. Growth of the complementary technologies like software defined network and network functions virtualization is also acting as a key growth driver for the LTE base station market.
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Therefore, the growing market demand of 4G LTE in urban areas during the business hours with better data transfer speeds is the main factor anticipated to catalyze the growing demand of LTE base station during the forecast period from 2017 to 2025. In addition, better spectral efficiency, technology life cycle and adoption and new infrastructure investment is also anticipated to increase the demand of LTE base station in the upcoming years. In turn this is also projected to affect the LTE base station market in a positive manner during the forecast period.