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

An increase in the size of new and small-sized businesses

The LTE and 5G broadcast markets are expanding due to factors such as rising smartphone penetration, a growing number of LTE mobile users, rising demand for high-speed mobile device data services, and steadily rising video traffic. Global market expansion is also a result of the increasing need to lessen network capacity congestion. 5G broadcast demand is expected to be driven by consumer demand for premium video content, such as live broadcasts of sporting events. The growing need for more spectral efficiency and quicker data rates is what's primarily propelling market expansion. The market is expanding as a result of the use of LTE in public domains, including security and defense, as well as public safety.