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Within five years, there will be approaching 400 million long-term evolution (LTE) broadband subscribers worldwide, it has been predicted.

Analyst firm IDATE expects there to be 371 million LTE mobile broadband users globally by 2015, as the industry gains momentum in the next half-decade.

The US and Asia are expected to drive the majority of LTE growth, as next-generation mobile broadband technology helps satisfy increased demand for data.

Increased use of the technology should help increase mobile broadband penetration from 20 per cent to 37 per cent by 2015, IDATE added.

However, it is debatable to what extent the UK market will contribute to growth within the sector.

Media regulator Ofcom, which is required to run a mobile broadband spectrum auction before LTE can be deployed domestically, does not expect such solutions to be in use in the UK before 2014.

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