According to latest research from CCS Insight 4G LTE is the fastest growing mobile technology. More than half of all phones sold in Western Europe in 2014 will be LTE enabled.
The CSS Insight reported that a hefty 56 percent of all phones sold in Western Europe in 2014 will be with LTE capabilities.
On the network front LTE is in an active roll out state with 279 commercial LTE network already deployed in as many as 101 countries worldwide. GSA reports also confirms that both FDD and TDD LTE networks are deployed in various countries.
CSS Insight predicts that global shipment of LTE capable devices will grow by 130 percent from 2014 to 2018. This means there will be 1.2 billion LTE enabled devices will be in the market in just four years of time.
With wide adoption of LTE phones it is also predicted that average price of LTE phones will be below $100 by this year-end.
All major mobile vendors are now offering phones and other mobile devices with LTE modem