LTE Spending to Outpace WiMax, IDC Says
Spending on LTE equipment will exceed spending on competing 4G wireless technology WiMax by 2011, according to IDC analysts, who say LTE's ability to reduce data delivery costs makes it hugely attractive to mobile operators.LTE, or Long Term Evolution, is quickly gaining momentum as the industry moves toward 4G mobile networks, and spending on LTE equipment will outpace spending on WiMax by the end of 2011, according to research company IDC. In a report issued April 26, IDC analysts said more than 100 mobile operators-including nine of the top 10 worldwide-are supporting LTE, and such a high level of commitment will push the technology past WiMax and let it continue growing. IDC is predicting that LTE infrastructure revenues will grow to almost $8 billion by 2014.
"The world is coalescing around the LTE standard as a result of its promise to increase speed and capacity to address the exploding growth in mobile data traffic," IDC analyst Godfrey Chua said in a statement. "LTE is an important part of the portfolio of technology solutions that will enable mobile operators to cost-effectively deliver more innovative and robust data applications and services over the mobile network."