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The North America LTE Base Station System Market size is expected to reach $65.5 billion by 2023, rising at a market growth of 17.3% CAGR during the forecast period. LTE is a standard for high-speed wireless communication used in mobile phones and data terminals, to raise the capacity and speed, with the help of different radio interface, together with core network improvements. LTE base stations offer main link in a chain, connecting the users to a mobile network. It is one of the crucial components used in delivering quality service, separating incumbency from obsolescence. Rapidly growing urban population, with growing telecom subscriber base has contributed to the growth of LTE base station system market. Also, the government initiatives to implement IoT solutions and smart city projects integrating digital technologies and M2M communications with connected solutions would lead to the need for high speed broadband services, fueling the demand for LTE base station system.
Based on Product Type, the market report segments the market into TDD LTE and FDD LTE. Based on End User, the North America LTE Base Station System market segments the market into Enterprises and Residential & Small Office or Home Office (SOHO). Based on Countries, the North America LTE Base Station System market segments the market into US, Mexico, Canada, and Rest of North America. The market research report covers the competition analysis of key stake holders of the North America LTE Base Station System Market.
Key companies profiled in the report include Ericsson AB, Huawei Technologies Co., Ltd., Nokia Corporation, ZTE Corporation, Alpha Networks, Inc., AT&T Inc., Airspan, Cisco Systems, Inc., Commscope, Inc., and Motorola Solutions, Inc.