The number of long-term evolution (LTE) subscriptions worldwide will grow at a CAGR of 404% from 2010 to 2014, according to the latest report from Pyramid Research.
Daniel Locke, an analyst at Pyramid Research, said 27 mobile operators worldwide have publicly committed to deploying LTE, with 12 of them expected to roll out commercial services in 2010 and the rest in 2011 and 2012.
\'While it took nearly six years for UMTS/HSPA to reach 100 million subscriptions, Pyramid predicts that LTE will take just over four years to reach the same milestone,\' Locke said.
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