The fixed LTE market was valued at USD 22.29 billion in 2019 and is expected to reach USD 81.36 billion by 2025, at a CAGR of 24.5% over the forecast period. The demand for data is accelerating; this phenomenon is not true for only mobile networks where data already generates 95% of its world’s total traffic but also on fixed line networks. This enormous data consumption, mainly driven by video streaming and internet browsing, requires high-speed networks.
While LTE has been largely deployed by mobile network operators, it has also become a vital part of a nation’s public safety network. Early leadership in applying LTE to public safety applications came from the USA at 700MHz arising from the digital dividend has been allocated to public safety and the First Responder Network ‘FirstNet’ – a single nationwide, interoperable public safety broadband network – is using LTE. A variety of standards are currently used for public safety communications globally.
The main challenge of deploying fixed LTE is the spectrum being used. In order to order to deliver a compelling alternative to the existing wired broadband, wireless solutions need to be able to meet capacity and throughput demands, in line with common expectations for FTTH-type services.
Fixed LTE wireless access also enables a fatter data pipe into the home or office, where it gets translated into other technologies with which all the existing mobile devices can communicate. This technology translation through a home gateway or customer premises equipment (CPE) increases both the data capacity as well as the effective data rate that each user sees.
Scope of the Report
The Fixed LTE concept is intended as a fixed access broadband product with fixed cost per month depending on the maximum speed.
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Key Market Trends
Residential Type of User Expected to Account for Significant Share
The utilization of fixed LTE in residential areas is increasing rapidly, owing to increasing consumer need for high-speed internet connectivity, primarily wherein the customers have limited access to the technology. Notably, the service providers are making a prominent investment into fixed LTE technology for home or residential users, which is expected to have a positive impact on the growth of the market, over the forecast period
For instance, in Mexico, AT&T launched fixed LTE broadband services especially for residential users, in April 2018, wherein the company has laid emphasis majorly in the areas which are unserved or underpenetrated by fixed-line operators. As a result, it is likely to compel other ISPs to invest, in the area, in order to garner a higher share, thereby boosting the market’s growth. Additionally, in mid-2018, Telcel launched fixed LTE services at a competitive price, in Mexico, to tackle AT&T and other competitors.
In the United States, the demand for high-speed internet connections is increasing at a rapid rate, owing to which, companies are rigorously investing in fixed wireless connections. Deploying fixed wireless connections not only offers high-speed internet but also help the users in the unserved areas to avail of them.
Since June 2014, till December 2016, the number of residential wireless connections for 25 Mbps downstream connection has increased by over 400%, due to the rapid demand from rural areas. In addition, this is expected to augment investments from service providers, thereby boosting the fixed LTE infrastructure and market growth, over the next six years.
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