The demand in the global TD-LTE ecosystem market is projected to multiply at an incredible CAGR of 24.4% during the forecast period of 2017 to 2025, gaining traction from the ubiquity of smartphones and popularity of social media, which has escalated the need for high-speed Internet.
Long Term Evolution denotes fourth generation (4G) mobile communication technology, that is based on GSM (Global System for Mobile Communication) or Enhanced Data Rates for GSM Evolution and Universal Mobile Telecommunications System or High Speed Packet Access technologies. At present, majority of LTE technology is centered on frequency division duplex or FDD-LTE. FDD-LTE uses dual bands i.e. one for downlink and the other for uplink operations, also recognized as paired spectrum allocation.
Increasing demand for Internet of Things is an important trend in the global market. In the mobile ecosystem, Internet of Things (IoT) is the subsequent revolution. IoT services are expected to be an important driver for additional progress in the cellular market.
Cellular IoT is likely to offer various services comprising vending machines, utility meters, automotive (smart traffic, fleet management, real time traffic information, security reporting and monitoring), medical alerting, and metering. At present, devices like GPS navigation aids, e-book readers, and digital cameras are connected to the internet.
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Presently, LTE supports IoT with Cat.1 devices, whereas LTE-Advanced prolongs device battery life up to ten years with a power saving mode. LTE-Advanced Pro optimizes device battery costs and life, and coverage as well as capability for a large number of connected devices with the introduction of two new technologies – NB-IoT (Narrow Band Internet of Things) and enhanced Machine Type Communication, often referred to as LTE-M.