Has LTE Hit Global Inflection Point?
Long Term Evolution fourth generation network (4G) subscribers globally passed the 750 million market in September 2015, according to the Global mobile Suppliers Association.
That might be an important subscriber milestone, as it represents 10 percent adoption, globally.
Historically, in the U.S. consumer electronics market, 10-percent adoption has been the inflection point at which adoption of any popular new gadget or service dramatically accelerates. If that pattern can be said to apply to global markets as well, then we should now see a sharp acceleration in LTE adoption rates globally.
There were 755 million LTE subscriptions worldwide on 30 June 2015, said Alan Hadden, GSA VP. Some "441 million LTE subscriptions were added in the past year, equivalent to 140 percent annual growth.”
GSA forecasts there will be at least one billion LTE subscriptions worldwide by the end of 2015.