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Europe Fixed Lte Market Forecast 2019-2027

The rising investments in wireless internet services, technological advancements, and the increasing adoption of fixed LTE in public safety applications are driving the growth of fixed LTE market in Europe. The market is expected to amount for revenue of $XX billion by 2027 while projecting to flourish with a CAGR of 21.55% during the estimated period of 2019-2027.

Spain, France, United Kingdom, Germany, Russia, Italy, along with Rest of Europe are assessed in the Europe fixed LTE market. The large telecom industry and the presence of giant telecom operators in Russia are influencing the growth of fixed LTE market in the country. Further, in order to offer broadband and convergence services, the operators are deploying and modernizing fixed-line network infrastructure, thereby impacting market growth. On the other hand, in France, the rising demand for higher speed and bandwidth is surging the deployment of fixed wireless services in residential space, which is paving the way for the expansion of fixed LTE market in the country.

ZTE Corporation, Shenzhen Zoolan Technology Co. Ltd., Motorola Solutions Inc., Samsung Group, and Telenet Systems Pvt. Ltd., among others, are few of the notable examples of companies functioning in the fixed LTE market. Many new players are entering owing to the lucrativeness of the market. However, the requirement of high investment and high-cost equipment are acting as barriers for new companies in the market.

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Europe Fixed Lte Market Forecast 2019-2027
Published By :Inkwood Research
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