Analysing the latest information, provided to GSA by Ovum, shows "growth of nearly 838 million new LTE subscriptions in the year to September 2017 compared to nearly 776 million the year earlier. That equated to a 49.2% rise over the 12-month period".
We're told that "LTE is now the only major mobile technology that is growing rapidly, with the WCDMA market growth expected to be limited to around 4% per annum over the next five years".
According to Ovum data, the GSA notes that "by the end of September 2017, LTE subscriptions stood at 2.54 billion compared to 1.70 billion a year earlier".
The GSA says the "Asia region continues to lead LTE adoption with 61% market share after a very strong 57% growth rate year-on-year, despite the fact that other regions have also begun to rapidly adopt LTE, especially in Africa (LTE subscriptions growth 75% year-on-year); and Latin America & the Caribbean (80% YoY)".
Joe Barrett, rresident of GSA, said, “Over the past year LTE subscriptions have grown substantially and LTE is now on the verge of becoming the predominant global mobile technology.
"It overtook WCDMA/HSPA in mid-2017, and given current rates of growth GSA predicts that the number of LTE subscriptions (including LTE-Advanced and LTE-Advanced Pro) will exceed three billion next year. And 2018 will also be the year that LTE overtakes GSM to become the most subscribed mobile technology worldwide.”
The GSA "promotes the 3GPP technology roadmap – 3G; 4G; 5G including NB-IoT, VoLTE, LTE-V, LTE-U, LTE Broadcast, mobile device availability and features, and represents companies across the worldwide mobile ecosystem engaged in the supply of infrastructure, semiconductors, test equipment, devices, applications and mobile support services".
"The GSA executive board comprises Ericsson, Huawei, Intel, Nokia and Qualcomm, covering close to 100% of all mobile network infrastructure deployments."