LTE technology has drawn the attention of telecom carriers and service providers because of as its data efficiency, which is far greater than that of the existing 3G networks, In-Stat said.
The number of global users of LTE technology grew to 1 million in 2010 and is forecast to reach 8 million this year, In-Stat said.
The fast growth of LTE will bring lots of business opportunities for some Taiwanese manufacturers in the wireless broadband supply chain, such as mobile phone maker HTC Corp., tablet computer makers Acer Inc. and Asustek Computer Inc., as well as broadband equipment makers ZyXEL, Gemtek, Accton and Quanta, according to the research firm.
In January at the annual Consumer Electronics Show, HTC signed a deal with U.S. telecom operator Verizon Wireless Inc. to sell the world's first LTE smartphone, while Acer also announced that its Android tablet PC, Iconia A500, would support Verizon's LTE network.
"The increasing investment of U.S. telecom operators in LTE will gradually shift the leadership of the global wireless communications sector from Asia and Europe to the United States," In-Stat senior analyst Chris Kissel said in a statement.
For the period 2009 to 2014, LTE investment in the United States will account for more than a fourth of its global investment, Kissel said.
By 2014, the number of LTE users in the U.S. will exceed the combined total in Europe and Asia, he forecast.
There are two major LTE standards running on different wireless spectrums -- FDD-LTE and TD-LTE. Currently, 84 percent of LTE users worldwide subscribe to FDD-LTE. TD-LTE is backed by China Mobile Ltd, the world's largest mobile service provider by number of subscribers.
In-Stat forecast that Japan would still have the most LTE users in Asia by 2014, but China and India would have the highest potential for growth of LTE service by that time. (By Jeffrey Wu) ENDITEM /pc
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