According to the latest market study by ABI Research, LTE mobile network subscriptions are expected to exceed 40 million by the end of 2012, representing a fourfold increase over the nine million global LTE subscriptions in 2011. The wide range of expected LTE smartphone launches in 2012 from major OEMs -- such as Nokia, Samsung, and Apple -- as well as the surge in data consumption, are the main causes behind the rise in LTE subscriptions. Currently, the North American region accounts for 60 percent of total LTE subscriptions, followed by the Asia-Pacific region at 37 percent. However, Asia-Pacific LTE subscriptions are expected to overtake North America by 2014, primarily driven by adoption in China, India, Japan, and South Korea. "South Korea and Japan are witnessing amazing LTE subscription growth due to the availability of high-quality content, enabling the countries to be the next largest LTE markets after the U.S.," says Ying Kang Tan, research associate at ABI
TMT Market Research Summaries and Analysis