US market research firm Strategy Analytics predicted in a recent report published on December 15 that 39.3 million out of 55.9 million (70.3 percent) mobile phone users in Korea will be using LTE next year.
LTE use in Korea will steadily increase and eventually reach 91.6 percent by year 2015 and 99.2 percent by 2018, according to SA.
In the US and Japan, the two biggest LTE markets outside of Korea, the percentage of those using LTE will increase to 50.7 percent and 42.1 percent next year, and to 79.3 percent and 92.1 percent by year 2018, which are still relatively low when compared to LTE' market share in Korea.
It is predicted that China will have 800,000 users by the end of this year and the number will increase to 31.5 million users, or 2.3 percent of whole mobile users next year. While LTE's market share, expected to be at 21 percent by 2018, is not a huge share, it is still a sizable number as it represents 355.4 million registered LTE users.
Currently there are 238 million LTE users worldwide, and 76 percent of those users are concentrated in Korea, Japan and the US.