Worldwide LTE-related subscriptions reached 229.7 million in 2013, and will continually grow at a CAGR of 43.6% between 2013 and 2019, to exceed 2 billion. By the end of 2013, LTE-TDD subscribers accounted for 5% of the LTE market, while 94.2% of the LTE market was taken up by LTE-FDD.
LTE network deployments will continue to grow rapidly globally. Time-division duplex (TDD) network is picking up the pace and gaining more market traction. In Asia-Pacific, LTE-TDD networks will cover more than 53% of the population by 2018 at a compound annual growth rate (CAGR) of 41.1% between 2012 and 2018, while frequency-division duplex (FDD) networks will reach 49% population coverage by the end of 2018.
LTE-capable networks will continue to mushroom around the globe through 2018. In particular, frequency-division duplex (FDD) networks will see their population coverage expanding at a compound annual growth rate (CAGR) of 33 percent between 2012 and 2018 to hit 57 percent. Time-division duplex (TDD) networks will gain ground at a more rapid rate of 43 percent during this period but will only reach 52 percent population coverage due to fewer licensed markets currently.