REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
USD 1860.86 Million by 2029 | 11.30 % | North America |
By Type | By Application | By Region |
---|---|---|
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|
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SCOPE OF THE REPORT
LTE and 5G Broadcast Market Overview
The global LTE and 5G broadcast markets are expected to grow at 11.30 % CAGR from 2020 to 2029. It is expected to reach above USD 1860.86 Million by 2029 from USD 710 Million in 2020.
LTE (Long-Term Evolution) and 5G (Fifth Generation) Broadcast are wireless communication technologies that enable the delivery of multimedia content such as video, audio, and other data to a large number of users simultaneously. LTE Broadcast is a technology that uses cellular networks to deliver multimedia content to a large number of users in a single transmission. It is also known as evolved Multimedia Broadcast Multicast Service (eMBMS) and is an enhancement of the LTE network. LTE Broadcast uses a single-frequency network to broadcast the same content to multiple users, reducing network congestion and improving the user experience.
The increasing penetration of smartphones is a major factor driving the growth of LTE and 5G mobile subscribers. Smartphones are becoming increasingly affordable and accessible, leading to a surge in the number of smartphone users globally. As a result, the demand for high-speed mobile data services, such as video streaming and online gaming, is also increasing rapidly. LTE and 5G networks offer faster download and upload speeds and lower latency than previous generations of wireless networks, making them well-suited for data-intensive applications on smartphones.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Million) |
Segmentation | By Technology, Application, and region. |
By Type |
|
By Application |
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By Region |
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Infrastructure and deployment costs are one of the major restraints of the LTE and 5G Broadcast markets. The deployment of these technologies requires significant investment in infrastructure and technology, which can be a barrier for some companies, especially in less developed countries. The deployment of LTE and 5G networks requires upgrading existing network infrastructure and deploying new technologies such as new antennas, base stations, and network equipment. This requires significant investment in capital expenditures, including the costs of purchasing and installing new equipment, hiring personnel for installation and maintenance, and ongoing operating costs.
Investment in network infrastructure is one of the major opportunities for the LTE and 5G Broadcast markets. As the demand for high-speed data services continues to grow, telecommunication companies and governments are investing heavily in upgrading their network infrastructure to support LTE and 5G networks. The deployment of LTE and 5G networks requires upgrading existing network infrastructure and deploying new technologies such as new antennas, base stations, and network equipment. This requires significant investment in capital expenditures, including the costs of purchasing and installing new equipment, hiring personnel for installation and maintenance, and ongoing operating costs.
Nearly every industry was impacted by COVID-19, pandemic on the LTE and 5G Broadcast markets is the increased demand for remote work, distance learning, and telehealth services. The pandemic has forced many organizations to shift to remote work, and this has led to an increased demand for high-speed data services, which can be provided by LTE and 5G networks. Similarly, the pandemic has also led to an increased demand for telehealth services, which require reliable and high-speed data connections.
LTE and 5G Broadcast Market Segment Analysis
LTE broadcast is changing the sorts of services that mobile clients receive, as well as their quality and delivery method. It is outfitted with eMBMS, a 3GPP-standard technology. The technology enables mobile carriers to employ a portion of their network capacity to broadcast popular content or data. Instead of unicasting, LTE broadcast offers several consumers inside a single cell with the same video, TV, or other data services. LTE broadcast has dramatically reduced the bandwidth required to stream popular content, and the technology is opening up new commercial prospects for mobile operators. Consumers anticipate reduced latency in mobile devices when watching movies and TV shows, increasing demand for LTE and 5G broadcast services.
Connected cars are vehicles that are equipped with advanced communication technologies, such as LTE and 5G networks, that enable them to communicate with other vehicles, infrastructure, and networks. These technologies allow connected cars to access a range of data services, such as real-time traffic updates, infotainment services, remote diagnostics, and vehicle-to-vehicle (V2V) communication. The market for connected cars is rapidly growing, driven by increasing demand for improved safety, convenience, and entertainment in vehicles. As a result, there is a growing need for high-speed data services that can support these applications. LTE and 5G networks are well-suited for this purpose, as they can provide high-speed data services that can support multiple applications simultaneously.
LTE and 5G Broadcast Market Players
The LTE and 5G Broadcast Market key players include KT, Verizon Wireless, Ericsson, Telstra, Reliance (Jio), Qualcomm, Samsung Electronics, Huawei, Cisco, ZTE
For corporate expansion, these key leaders are implementing strategic formulations such as new product development and commercialization, commercial expansion, and distribution agreements. Moreover, these participants are substantially spending on product development, which is fueling revenue generation.
Recent developments:
- 2021– Qualcomm Technologies, Inc. announced the Qualcomm 5G Fixed Wireless Access (FWA) platform gen 2. The new platform, powered by the fourth-generation Qualcomm® Snapdragon™ X65 5G Modem-RF System, would enable new business opportunities for mobile operators by allowing them to offer fixed internet broadband services to homes and businesses using their 5G network infrastructure. The new FWA platform also features the second generation extended-range Qualcomm® QTM547 mm Wave antenna module, support for extended-range high power 5G sub-6 GHz, the world’s first 5G sub-6 GHz support with eight receive (RX) antennas, and support for Qualcomm® Dynamic Antenna Steering technology.
- Feb 2021 – Ericsson (NASDAQ: ERIC) launched three new radios in its industry-leading Massive MIMO portfolio and expanded its RAN Compute portfolio with six RAN Compute products to accelerate 5G mid-band rollouts. The new solutions are powered by Ericsson Silicon – the company’s system-on-a-chip (SoC) range that provides advanced processing capabilities for the rapid evolution of energy-efficient and high-performing networks.
Who Should Buy? Or Key stakeholders
- Investors
- Telecommunication Companies
- Mobile Manufacturer
- Insurance Sector
- Banking Industry
- IT Companies
- Research Organizations
- Regulatory Authorities
- Institutional & retail players
- Others
LTE and 5G Broadcast Market Regional Analysis
The LTE and 5G Broadcast Market by region include North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and the Rest of APAC
- Europe: includes the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe
- South America: includes Brazil, Argentina, and the Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
North America now controls the long-term evolution (LTE) and 5G broadcast markets and will continue to do so. This is due to significant expenditures in a wide range of end-use applications. Furthermore, fast technology adoption in the region’s numerous end-user sectors is likely to drive market expansion. The United States aims to dominate the market by expediting 5G implementation, removing regulatory barriers, increasing supply chain trust, and accelerating spectrum repurposing is expected to account for the region’s dominant portion of the worldwide market. The Canadian market is also expected to grow significantly due to an increase in demand for high-speed connectivity as a result of the country’s smart city projects.
Asia Pacific region is indeed emerging as a significant market for LTE and 5G Broadcast services. The region has a large population and increasing adoption of smartphones and other mobile devices, which is driving the demand for high-speed data services. In addition, many countries in the Asia Pacific region are investing heavily in 5G network infrastructure, which is expected to drive the growth of the LTE and 5G Broadcast market in the region
Key Market Segments: LTE and 5G Broadcast Market
LTE And 5g Broadcast Market By Technology, 2020-2029, (USD Million)
- LTE Broadcast
- 5g Broadcast
LTE And 5g Broadcast Market By Application, 2020-2029, (USD Million)
- Video On Demand
- Emergency Alerts
- Radio
- Mobile Tv
- Connected Cars
- Stadiums
- Data Feeds & Notifications
LTE And 5g Broadcast Market By Region, 2020-2029, (USD Million)
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What are the expected growth rate of the LTE and 5G broadcast market over the next 7 years?
- Who are the major players in the LTE and 5G broadcast market and what is their market share?
- What are the end-user industries driving market demand and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-pacific, the middle east, and Africa?
- How is the economic environment affecting the LTE and 5G broadcast market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the LTE and 5G broadcast market?
- What are the current and forecasted size and growth rate of the global LTE and 5G broadcast market?
- What are the key drivers of growth in the LTE and 5G broadcast market?
- What are the distribution channels and supply chain dynamics in the LTE and 5G broadcast market?
- What are the technological advancements and innovations in the LTE and 5G broadcast market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the LTE and 5G broadcast market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the LTE and 5G broadcast market?
- What are the product offerings and specifications of leading players in the market?
- What is the pricing trend of LTE and 5G broadcast in the market and what is the impact of raw material prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL LTE AND 5G BROADCAST MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON LTE AND 5G BROADCAST MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL LTE AND 5G BROADCAST MARKET OUTLOOK
- GLOBAL LTE AND 5G BROADCAST MARKET BY TECHNOLOGY, 2020-2029, (USD MILLION).
- LTE BROADCAST
- 5G BROADCAST
- GLOBAL LTE AND 5G BROADCAST MARKET BY APPLICATION, 2020-2029, (USD MILLION).
- VIDEO ON DEMAND
- EMERGENCY ALERTS
- RADIO
- MOBILE TV
- CONNECTED CARS
- STADIUMS
- DATA FEEDS & NOTIFICATIONS
- GLOBAL LTE AND 5G BROADCAST MARKET BY REGION, 2020-2029, (USD MILLION).
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- KT
- VERIZON WIRELESS
- ERICSSON
- TELSTRA
- RELIANCE (JIO)
- QUALCOMM
- SAMSUNG ELECTRONICS
- HUAWEI
- CISCO
- ZTE *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLION), 2020-2029
TABLE 2Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 3Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST MARKET BY REGION (USD MILLIONS), 2020-2029
TABLE 4Â Â Â Â Â Â Â NORTH AMERICA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 5Â Â Â Â Â Â Â NORTH AMERICA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 6Â Â Â Â Â Â Â NORTH AMERICA LTE AND 5G BROADCAST MARKET BY COUNTRY (USD MILLION), 2020-2029
TABLE 7Â Â Â Â Â Â Â US LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 8Â Â Â Â Â Â Â US LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 9Â Â Â Â Â Â Â CANADA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (MILLIONS), 2020-2029
TABLE 10Â Â Â Â Â CANADA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 11Â Â Â Â Â MEXICO LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 12Â Â Â Â Â MEXICO LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 13Â Â Â Â Â SOUTH AMERICA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 14Â Â Â Â Â SOUTH AMERICA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 15Â Â Â Â Â SOUTH AMERICA LTE AND 5G BROADCAST MARKET BY COUNTRY (USD MILLION), 2020-2029
TABLE 16Â Â Â Â Â BRAZIL LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 17Â Â Â Â Â BRAZIL LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 18Â Â Â Â Â ARGENTINA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 19Â Â Â Â Â ARGENTINA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 20Â Â Â Â Â REST OF SOUTH AMERICA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLION), 2020-2029
TABLE 21Â Â Â Â Â REST OF SOUTH AMERICA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 22Â Â Â Â Â ASIA -PACIFIC LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 23Â Â Â Â Â ASIA -PACIFIC LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 24Â Â Â Â Â ASIA -PACIFIC LTE AND 5G BROADCAST MARKET BY COUNTRY (USD MILLION), 2020-2029
TABLE 25Â Â Â Â Â INDIA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 26Â Â Â Â Â INDIA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 27Â Â Â Â Â CHINA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 28Â Â Â Â Â CHINA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 29Â Â Â Â Â JAPAN LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 30Â Â Â Â Â JAPAN LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 31Â Â Â Â Â SOUTH KOREA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 32Â Â Â Â Â SOUTH KOREA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 33Â Â Â Â Â AUSTRALIA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 34Â Â Â Â Â AUSTRALIA HYBRID FUNCTIONBY APPLICATION (USD MILLION), 2020-2029
TABLE 35Â Â Â Â Â AUSTRALIA LTE AND 5G BROADCAST MARKET BY FUNCTION (USD MILLIONS), 2020-2029
TABLE 36Â Â Â Â Â AUSTRALIA LTE AND 5G BROADCAST MARKET BY ORGANIZATION SIZE (USD MILLION), 2020-2029
TABLE 37Â Â Â Â Â REST OF ASIA PACIFIC LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLION), 2020-2029
TABLE 38Â Â Â Â Â REST OF ASIA PACIFIC HYBRID FUNCTIONBY APPLICATION (USD MILLION), 2020-2029
TABLE 39Â Â Â Â Â EUROPE LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 40Â Â Â Â Â EUROPE LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 41Â Â Â Â Â EUROPE LTE AND 5G BROADCAST MARKET BY COUNTRY (USD MILLION), 2020-2029
TABLE 42Â Â Â Â Â GERMANY LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 43Â Â Â Â Â GERMANY LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 44Â Â Â Â Â UK LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 45Â Â Â Â Â UK LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 46Â Â Â Â Â FRANCE LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 47Â Â Â Â Â FRANCE LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 48Â Â Â Â Â ITALY LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 49Â Â Â Â Â ITALY LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 50Â Â Â Â Â SPAIN LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 51Â Â Â Â Â SPAIN LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 52Â Â Â Â Â REST OF EUROPE LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLION), 2020-2029
TABLE 53Â Â Â Â Â REST OF EUROPE LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 54Â Â Â Â Â MIDDLE EAST AND AFRICA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 55Â Â Â Â Â MIDDLE EAST AND AFRICA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 56Â Â Â Â Â MIDDLE EAST AND AFRICA LTE AND 5G BROADCAST MARKET BY COUNTRY (USD MILLION), 2020-2029
TABLE 57Â Â Â Â Â UAE LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 58Â Â Â Â Â UAE LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 59Â Â Â Â Â SOUTH AFRICA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLIONS), 2020-2029
TABLE 60Â Â Â Â Â SOUTH AFRICA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
TABLE 61Â Â Â Â Â REST OF THE MIDDLE EAST AND AFRICA LTE AND 5G BROADCAST MARKET BY TECHNOLOGY (USD MILLION), 2020-2029
TABLE 62Â Â Â Â Â REST OF THE MIDDLE EAST AND AFRICA LTE AND 5G BROADCAST MARKET BY APPLICATION (USD MILLION), 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST BY TECHNOLOGY, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST BY APPLICATION, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST BY REGION, USD MILLION, 2020-2029
FIGURE 11          PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST BY TECHNOLOGY, USD MILLION, 2021
FIGURE 13Â Â Â Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST BY APPLICATION, USD MILLION, 2021
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL LTE AND 5G BROADCAST BY REGION, USD MILLION, 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 16Â Â Â Â Â Â Â Â Â Â KT: COMPANY SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â CISCO: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â VERIZON WIRELESS: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â ERICSSON: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â TELSTRA: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â RELIANCE (JIO): COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â QUALCOMM: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â SAMSUNG ELECTRONICS: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â HUAWEI: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â ZTE: COMPANY SNAPSHOT
FAQ
The Global LTE and 5G Broadcast Market is expected to grow at 11.3 % CAGR from 2020 to 2029. It is expected to reach above USD 1860.86 Million by 2029 from USD 710 Million in 2020.
North America held more than 42% of the LTE and 5G Broadcast Market revenue share in 2020 and will witness tremendous expansion during the forecast period.
With the increasing penetration of smartphones and other mobile devices, there is a growing demand for high-speed data services such as video streaming, online gaming, and social media. LTE and 5G networks offer faster download and upload speeds, reduced latency, and improved network reliability, making them well-suited for data-intensive applications.
The IT & Telecommunication sector is a major sector where the application of LTE and 5G Broadcast has seen more.
The Market’s largest share is in the North American region.
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