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ABI Research says LTE subscriptions to hit 40m by end of 2012
Significant growth in LTE subscriptions is expected by the end of this year.Long-Term Evolution (LTE) mobile broadband subscriptions are set to pass 40 million by the end of this year, according to ABI Research.
The figure represents a four-fold increase on the total number of connections recorded at the end of 2011, with the technology analyst firm attributing the growth to the rapid rise in data consumption and the launch of LTE smartphones from the likes of Apple, Nokia and Samsung.
At present, 60 per cent of all LTE subscriptions are found in North America, but Asia Pacific is expected to surpass the region by 2014. China, India, Japan and South Korea were picked out as major growth markets for the technology.
Ying Kang Tan, research associate at ABI, said: "South Korea and Japan are witnessing amazing LTE subscription growth due to the availability of high-quality content, enabling the countries to be the next largest LTE markets after the US."
Last month, an Everything Everywhere study revealed that 74 per cent of British consumers want to see 4G LTE mobile broadband networks rolled out in the UK as soon as possible.