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The Carrier Equipment segment generates the maximum revenue, although the future of the Enterprise Equipment segment looks promising. Revenue from user devices is expected to remain almost flat. Mobile handsets account for around 40% of the total telecom equipment market in India.

The high-end data based capabilities of LTE technology comprise one of the major growth drivers of the global public safety LTE market. Almost all the major telecom network operators are signing up for LTE technology in their respective service networks. However, omnipresent Professional Mobile Radio (PMR) technologies could pose a serious challenge to the future growth of this market. That is because PMR technologies for public safety have always enjoyed a rather strong presence in the public safety industry. These are used extensively in different parts of the world and find applications in different domains ranging from police services to ports.