iPhone 5 Lands Apple 26% of LTE Market

With little more than three months of sales, the iPhone 5 has already won Apple 26.7 percent of the world wide LTE device market, according to data from Strategy Analytics. Samsung currently holds the top spot with 40 percent of the world's LTE market.

Apple owns 26.7% of the LTE market worldwideApple owns 26.7% of the LTE market worldwide

While Apple has climbed from no LTE marketshare at the beginning of the year to nearly 27 percent now, Samsung has dropped from 50.9 percent three months ago down to 40 percent of the global LTE market today. Apple entered the LTE fast wireless data market with the introduction of the third generation iPad in March 2012, and expanded that presence with the iPhone 5 launch in September and the LTE-compatible iPad mini in November.

LG is sitting on a 9.1 percent LTE marketshare, down from 15 percent, Motorola is down from 21.7 percent to 15 percent, and Pantech holds 5.8 percent of the market, up from 5.7 percent. Strategy Analytics is claiming the drop in marketshare comes from Apple's growing presence in the LTE market.

The research firm expects the LTE market to grow to 50 million subscribers thanks to the iPhone 5 and Samsung's Galaxy S3. In comparison, there were only 9 million LTE subscribers worldwide at the of 2011.

[Thanks to TNW for the heads up]