The global mobile WiMAX market has been forecast to see its subscriber numbers hit a projected 166.2 million by 2018. The industry will be predominantly driven by rapid proliferation of smartphones, the continued rise in data consumption, and subsequent need for high-speed networks.
The mobile industry's transition from 3G to 4G networks and emergence of new mobile WiMAX specifications such as, IEEE 802.16m, which addresses key unmet performance needs for 4G networks, also represents a key growth driver.
IEEE 802.16m will have richer features than its predecessor technology standard IEEE 802.16e-2005 and also supports latest technology capabilities such as 20& 40MHZ, TDD & FDD, advanced beam forming, and Multiple Input & Multiple Output (MIMO).
The 2007-2009 economic recession however wielded a considerable impact on the overall telecom industry, especially the wireless telecom sector, as weak budgetary conditions and tight credit markets temporary derailed high-value infrastructure investments and weakened the sector's own internal growth engine.
However, despite the challenges resulting from the recession, the fact that users continued to perceive mobile connectivity as an essential lifestyle management tool even during the recession helped the global mobile WiMAX market fare better than other competing technologies.
Asia-Pacific represents the most prominent regional within the global mobile WiMAX market , with subscriber base in the region growing at a compound annual growth rate (CAGR) of approximately 80.3% over the past five years
The need to replace expensive wired infrastructure with low-cost networks in most of the nations in the region represents a key growth driver for the mobile WiMAX technology in Asia-Pacific.
For more information on the global mobile WiMAX market, see the latest research: Global Mobile WiMAX Market Report
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