North American LTE Metrocell Market to Grow at CAGR of 118% from 2018-2018

New York City Image Credit: By Daniel Schwen, Creative Commons Attribution-Share Alike 2.5 vía Wikimedia Commons

iGR, a market strategy consultancy focused on the wireless and mobile communications industry, released excerpts from its 'North America LTE Metrocell Forecast, 2013-2018: Addressable Market, Deployments and Spending' report which covers the LTE metrocell, a part of the heterogeneous network (het-net) concept that many global wireless operators are moving toward in order to meet the rising demand for mobile data.

According to iGR, the amount of monthly mobile data consumed in the North American market will increase by nearly six times compared to its 2013 level on the back of increased smartphone penetration and consumption of rich mobile content. The demand, it says, will push mobile operators to evolve their cellular-only RAN to include small cells, specifically LTE metro cells which can support several hundred additional users while ensuring ease of installation and deployment given their small form factor that enables these cells to be deployed on lampposts or sides of buildings in dense metropolitan areas. iGR expects the LTE metrocells market in North America to grow at a CAGR of 118% over the next 5 years.

The study, which can be purchased at www.iGR-inc.com, provides indepth analysis of the metrocells market and technology, including five-year forecasts for the total addressable market, the number of actual deployments and the associated network equipment and operational expenditures.

"The het-net concept exists because LTE alone will not be enough to meet wireless subscribers' demand for mobile data. iGR's forecast shows how LTE Metrocells will be one significant part of mobile operators' het-net solution."

-         Iain Gillott, president and founder of iGR

Executive Editor of The Fast Mode | 5G | IoT/M2M | Telecom Strategy | Mobile Data Innovations 

Tara Neal covers stories on strategies and initiatives in the Digital Telco space, and anchors the 5G and IoT/M2M verticals on the publication. Tara holds a First Class Honours in BSc Accounting and Finance from The London School of Economics, UK and is a CFA charterholder from the CFA Institute, United States. Tara has over 20 years experience in technology and business strategy.

Follow her on Twitter @taraneal11, LinkedIn @taraneal11, Facebook or email her at tara.neal@thefastmode.com.

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