Mobile broadband subscribers using the 4G LTE services are expected to grow to about 220 million by 2014 from the 105 million in 2013, according to a report from Juniper Research.
The report revealed that the increase will be driven by the embedding of LTE technology in consumer devices.
Global 4G LTE revenues are expected to rise over $340bn by 2017, while the North America, Far East and China markets expected to generate about 70% of the total revenue.
According to the analysts, breakthrough of LTE and deployments gaining pace in 2012 will increase the subscribers signing up for services in 2013, but to a limited level.
According to the report, broadening of the LTE roll-outs in developed markets is expected to make the operators to avoid 3G and deploy the 4G services directly, mainly in the countries where spectrum has been already allotted.
The Time Division LTE (TD-LTE) is a 4G application that makes efficiently uses the unpaired spectrum and is expected to experience growth across the globe driven by China, Japan and India, the report said.
Juniper Research report author Nitin Bhas said that using TD-LTE requires consideration of the available smartphone ecosystem and evaluation of dual-mode LTE chipsets.
"However, dual mode (TDD/FDD) terminals will soon become widely available and accessible for operators with TD spectrum," Bhas added.
In parts of the world like China, where the TD-LTE is used, device vendors like Apple will have launch the versions of devices that work with TD-LTE in order to increase market share.
