According to iGR, a market strategy consultancy focused on the wireless and mobile communications industry, the total LTE network spending of all global mobile operators will total $710 billion over the next five years. The firm via its Global LTE Network Infrastructure Spending Forecast, 2013-201, also found that the North American market leads other markets in terms of the number of LTE subscribers. However, the trend will change over the next five years, as other regions in the world continue to deploy LTE, specifically Europe and Asia Pacific. In another report by 4G Americas, the firm said that North America recorded 127 million LTE connections in the first half of this year, with LTE technology representing 33 percent of the total 391 million mobile connections in the region.
As the number of LTE deployments and subcribers grow, operators around the world are continuously balancing their network spending between coverage and capacity, said iGR.