In the fourth quarter of 2017, LTE technology became the most widely used wireless cellular technology worldwide achieving more than 35 percent market share and providing 4G wireless access to services and applications to a large portion of the world’s population. 5G Americas, the industry trade association and voice of 5G and LTE for the Americas, today announced LTE’s impressive momentum for the fourth quarter of 2017 in North America, Latin America and throughout the world according to data from Ovum.
North America’s market share for LTE at 74 percent exceeds all other world regions; the next highest world regions are Oceania, Eastern and South Eastern Asia with LTE share of 56 percent followed by Western Europe at 44 percent. Latin America and the Caribbean had significant growth of LTE market share to 29 percent at the end of 2017.
“Oceania, Eastern and Southeastern Asia plays a significant role, accounting for 41 percent of all LTE subscribers by 2022, compared to 32 percent of all cellular subscribers worldwide. And it’s interesting to note that, while LTE continues to see phenomenal growth over the next five years, 5G begins to make its inroads beginning by 2022, with some regions – particularly North America and Oceania, Eastern and Southeastern Asia – starting to see some LTE subscriber declines as a result,” explained Kristin Paulin, Senior Analyst at Ovum.