LTE and 5G Broadcast Market, By Technology (LTE broadcast and 5G broadcast), By End-user (Mobile TV, Emergency alerts, Video on demand, Connected cars, Radio, Data feeds & notification, Stadium and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

The LTE and 5G Broadcast Market accounted for US$ 579.4 billion in 2020 and is estimated to be US$ 1621.7 billion by 2030 and is anticipated to register a CAGR of 10.8%.

Long-Term Evolution (LTE) is a fundamental wireless communication technology that is used in data terminals and mobile devices like smart phones, tablets, and Kindles. By introducing a diverse radio interface and improving the core network, LTE increases speed and capacity. 5G broadcast is a cutting-edge wireless technology capable of enhancing users' entire mobile experiences while providing them with infinite data consumption capabilities. 5G broadcasting is also known as Enhanced Television Services (EnTV), and it was created to allow for the seamless delivery of digital television over current mobile networks. For businesses and individuals around the world, 5G services are critical, and consumers, mobile operators, content producers, and broadcasters all require 5G services via existing mobile networks.

Impact of Covid-19 pandemic on market

COVID-19 has resulted in a worldwide health disaster and multiple deaths. Lockdowns, quarantines, border closures, and the halting of economic activity were all enacted as a result of the unexpected spike in illnesses. This caused supply chain disruptions, affecting raw material supplies to various countries. Despite variations in consumption levels and peak hours, telecom networks have performed admirably during the testing period. Operators are seeking for new ways to nurture new opportunities in connectivity, digital transformation, and related services while also assisting their consumers in navigating a difficult macroeconomic environment. Europe has seen progress in resuming 5G trials and deployment.

Growth in business operations by emerging and small sized players

Rising smartphone penetration and a growing pool of LTE mobile users, as well as increased demand for high-speed mobile device data services and ever-increasing video traffic, are all contributing to the LTE and 5G broadcast market's growth. Furthermore, the growing requirement to reduce network capacity congestion leads to global market expansion. Consumer desire for premium video content, such as live broadcasts of sporting events, is projected to drive 5G broadcast demand. The key reasons driving market expansion are the increased demand for faster data rates and enhanced spectral efficiency. The deployment of LTE in public sectors such as public safety, as well as defence and security, is propelling the market forward.

The LTE and 5G broadcast market is segmented based on technology, end-user, and region.

Source: Prophecy Market Insights

On the basis of Technology, the global LTE and 5G broadcast market is segmented into LTE broadcast and 5G broadcast. Based on site of End-user, the target market is segmented into Mobile TV, Emergency alerts, Video on demand, Connected cars, Radio, Data feeds & notification, Stadium and Others.

Regional Insights:

On region the global LTE and 5G broadcast market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. During the forecast period, Asia-Pacific is expected to grow the most. Growing advancements such as R&D activities, investments, and ongoing partnerships among various organizations throughout the market in Japan, China, South Korea, India, and Australia are propelling the industry forward.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global LTE and 5G broadcast market report based on technology, end-user and region.

Global LTE and 5G Broadcast Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the global LTE and 5G broadcast market includes SAMSUNG, Huawei Technologies Co., Ltd., NEC Corporation, Cisco, Intel Corporation, ZTE Corporation., Qualcomm Technologies, Inc., Telefonaktiebolaget LM Ericsson, Nokia, EXPWAY, AT&T Intellectual Property, Verizon, T-Mobile USA, INC, Keysight Technologies, Juniper Networks, Inc., Altair Semiconductor, Airspan, Athonet srl, Fortinet, Inc., Mpirical Limited, and others.

• Samsung*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Huawei Technologies Co., Ltd.
• NEC Corporation
• Cisco
• Intel Corporation
• ZTE Corporation.
• Qualcomm Technologies, Inc.
• Telefonaktiebolaget LM Ericsson
• Nokia
• EXPWAY
• AT&T Intellectual Property
• Verizon
• T-Mobile USA, INC
• Keysight Technologies
• Juniper Networks, Inc.
• Altair Semiconductor
• Airspan
• Athonet srl
• Fortinet, Inc.
• Mpirical Limited
• Others.

 “*” marked represents similar segmentation in other categories in the respective section.