And in 2015, ABI Research believes that China will overtake the USA to be the biggest 4G market in the world, with 500 million LTE subscriptions.
In the fourth quarter of last year, LTE subscriptions worldwide rose by 149.1 million – overtaking 3G subscriptions by 10.9 percent.
ABO expects subscriptions to grow at a CAGR of 21 percent between this year and 2020, reaching 3.5 billion.
Asia Pacific is the prime region for LTE subs, followed by North America and Western Europe.
By 2020, global 2G subscriptions will continue to decline and stand at 1.69 billion.
Consolidations in the Western European market meant there were some short term fluctuations to mobile subscriptions.