Frost & Sullivan: Increasing Wireless Data and Deployment of LTE Lifts Related Test Equipment Market

Frost & Sullivan: Increasing Wireless Data and Deployment of LTE Lifts Related Test Equipment Market PR Newswire MOUNTAIN VIEW, California, July 31, 2012 - Market opportunities grow as telecommunication industry shifts to advanced technologies to meet demand for high speed and bandwidth MOUNTAIN VIEW, California, July 31, 2012 /PRNewswire/ -- Burgeoning mobile traffic due to the availability of high- speed networks along with the increased penetration of smartphones and connected devices such as laptops, netbooks, notebooks and tablets; as well as the use of higher bandwidth-consuming applications and services is pushing the deployment of long-term evolution (LTE) technology. This is expected to create numerous opportunities for wireless test equipment vendors. New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), High Growth Opportunity: LTE Test Equipment Market, finds that the global LTE test equipment market generated revenues of $760.8 million in 2011 and is estimated to reach $2,845.6 million in 2018. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.