Overview and Scope
Long-term evolution (LTE) And 5G broadcast are technologies designed to efficiently deliver multimedia content, such as video, audio, and data, to many users simultaneously over cellular networks. These technologies transform multimedia content and consumption, offering enhanced quality, scalability, and flexibility for broadcasters, content providers, and mobile network operators.
Sizing and Forecast
The long term evolution (LTE) and 5G broadcast market size has grown rapidly in recent years. It will grow from $0.83 billion in 2023 to $0.94 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to growing need for fast internet connectivity, growing expansion of the internet of things (IoT), rising consumer’s demand for premium content, rising application of multimedia services across emerging economies.
The long term evolution (LTE) and 5G broadcast market size is expected to see rapid growth in the next few years. It will grow to $1.53 billion in 2028 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to surging penetration of smartphones, benefits offered by LTE & 5G broadcast infrastructure, the development of narrow-band IoT (NB-IoT) in 3gpp. Major trends in the forecast period include rapid technological advancements, digital innovation, advancement in the broadband speed, Strategic collaboration initiatives.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/long-term-evolution-lte-and-5g-broadcast-global-market-report
The long term evolution (lte) and 5g broadcast market covered in this report is segmented –
1) By Device Type : Wireless And Mobile Devices, Wired Devices
2) By Technology : Long-Term Evolution (LTE) Broadcast, 5G Broadcast
3) By End Users : Video-On-Demand, Mobile TV, Connected Cars, Emergency Alerts, Stadiums, E-Newspapers And E-Magazines, Radio Data Feed And Notifications, Other End Users
North America was the largest region in the long term evolution (LTE) and 5G broadcast market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the long term evolution (LTE) and 5G broadcast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15084&type=smp
Major Driver Impacting Market Growth
The increasing penetration of smartphones is expected to propel the growth of the long-term evolution (LTE) and 5G broadcast market going forward. Smartphones are handheld electronic devices that combine the functionalities of a traditional mobile phone with those of a computer. The increasing penetration of smartphones is due to internet connectivity, digital platforms, and mobile workforce capabilities. LTE improved coverage and reliability over 3G, and 5G takes this further by utilizing a mix of spectrum bands that can cover larger areas and penetrate buildings better. Improved reliability and coverage make smartphones more functional in more places, encouraging higher adoption rates in rural and underdeveloped regions. For instance, in March 2023, according to a report published by Cybercrew, a UK-based company developing and providing cybersecurity solutions, the percentage of UK households using smartphones reached 91.43% in 2021, which is projected to increase to 93.8% by 2026. Therefore, the increasing penetration of smartphones drives the LTE and 5G Broadcast market.
Key Industry Players
Major companies operating in the long term evolution (LTE) and 5G broadcast market report are Samsung Electronics Co. Ltd.; Verizon Wireless; AT&T Inc.; China Mobile Ltd.; Huawei Technologies Co. Ltd.; China Telecom Corporation Limited; Intel Corporation; T-Mobile USA Inc.; China United Network Communications Limited; Cisco Systems Inc.; Qualcomm Incorporated; America Movil S.A.B. de C.V.; NTT Docomo Inc.; NEC Corporation; Telefonaktiebolaget LM Ericsson; Nokia Corporation; KDDI Corporation; KT Corporation; ZTE Corporation; Telstra Group Limited; Telstra Corporation Limited; SK Telecom Co. Ltd.; Keysight Technologi Inc.; Rohde & Schwarz GmbH & Co. KG; Reliance Limited; Sierra Wireless; Spinner GmbH; Enensys Technologies SA; Athonet srl; EXPWAY
The long term evolution (lte) and 5g broadcast market report table of contents includes:
1. Executive Summary
2. long term evolution (lte) and 5g broadcast Characteristics
3. long term evolution (lte) and 5g broadcast Trends And Strategies
4. long term evolution (lte) and 5g broadcast – Macro Economic Scenario
5. Global long term evolution (lte) and 5g broadcast Size and Growth
…..
32. Global long term evolution (lte) and 5g broadcast Competitive Benchmarking
33. Global long term evolution (lte) and 5g broadcast Competitive Dashboard
34. Key Mergers And Acquisitions In The long term evolution (lte) and 5g broadcast
35. long term evolution (lte) and 5g broadcast Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
