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$413 Billion in 4G spending by 2014

4G transition and tablets spurring growth of mobile communications

Growth in the wireless communications equipment sector will accelerate in 2011 driven by the transition to 4G wireless standards and the emergence of media tablets, according to iSuppli. The market analyst forecasts that factory revenue for wireless communications gear in 2011 will reach $302.7billion, up 20.6% from $251.1bn last year. It adds that growth in 2011 will exceed last year's climb of 15.1%, with no signs of a decline in the years ahead.

Image courtesy of iSuppli
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By 2014, iSuppli suggests that the industry will accumulate $413.3bn worldwide in equipment revenue.

Monster demand for Network Equipment in part because of Broadband upgrades  due to added demand by (NASDAQ:NFLX) video streaming + 4G mobile surfing and others following this example into Wireline rollout of 4G LTE.

Link to Video with JDS Uniphase CEO explaining the Monster Demand.

Note : (JDSU) has a 4G LTE division and is gaining market share quickly in a fragmented 4G LTE sector.