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4G LTE set to be $100bn business by 2014

4G and LTE - coming
4G and LTE - coming

Research has suggested that 4G LTE - a next generation mobile network - could generate more than $100 billion (£62bn) globally by 2014.

With 3G now commonplace, the attention has turned to the next generation and 4G LTE could provide the kind of data rates that will keep us connected in style, for a while at least.

Juniper Research's latest report suggests that, once launched, the 4G LTE networks will appeal to high traffic subscribers - particularly companies.

European woe?

But Western Europe has been tagged as an area that may not bring immediate profit – unless the network operators concentrate hard on offering businesses a premium package they are willing to fork out for.

4G LTE Business Models report author Howard Wilcox noted: "In the new report, our business modelling evaluated three scenarios.

"The most optimistic view revealed scope for higher revenues and ARPU if network operators adopt premium pricing strategies for enterprise users."

That's because, the report suggests, consumer users will generate less than half of the total revenues – at least until 2015.

Patrick Goss is the ex-Editor in Chief of TechRadar. He is a passionate and experienced journalist, and he has been lucky enough to work on some of the finest online properties on the planet, building audiences everywhere and establishing himself at the forefront of digital content.