Worldwide service revenues generated by LTE mobile networks are forecast to grow quickly once networks are launched, reaching $100 billion by 2014, says a a new report

Worldwide service revenues generated by LTE mobile networks are forecast to grow quickly once networks are launched, reaching $100 billion by 2014, says a a new report from Juniper Research. These revenues will be driven by laptops, smartphones and other devices.

Report finds that high traffic enterprise subscribers using web, email and video services will be the early adopters of LTE and are the key segment to be targeted. Revenues from consumer users will remain under half of total revenues until at least 2015.

Several operators are ending flat rate tariffs, whilst at the same time the number and variety of connected data-hungry devices is multiplying. Juniper found that 90% of respondents questioned believe that today’s pricing models will have to change, there is a lack of consensus about the structure of new pricing models. 

However, the report warns that whilst there continue to be high profile LTE announcements by network operators, some regions will not see substantial numbers of users benefiting from these high speed services for up to three years. Western Europe is an example.