LTE and 5G Broadcast Market Size, Share, Growth Report 2030

LTE and 5G Broadcast Market

LTE and 5G Broadcast Market – By Technology (LTE and 5G), By End Use (Video on Demand, Emergency Alerts, Radio, Mobile TV, Connected Cars, Stadiums, and Data Feeds & Notifications), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Technology & Media Report Format : PDF Pages: 130 Report Code: ZMR-6394 Published Date: Jun-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 576 million USD 1,064 million 10.4% 2019

The global LTE and 5G broadcast market size was worth around USD 576 million in 2019 and is predicted to grow to around USD 1,064 million by 2026 with a compound annual growth rate (CAGR) of roughly 10.4% between 2020 to 2026. The report offers a valuation and analysis of the LTE and 5G Broadcast market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Million).

LTE and 5G Broadcast Market SizeRequest Free Sample

LTE and 5G Broadcast Market: Outlook

LTE is a key standard that is utilized for high-speed wireless communications through data terminals as well as smartphone equipment, telephone, tablet, and kindle devices. In addition to this, LTE provides web services based on principles of universal mobile telecom systems, global system for high speed packet access systems, mobile communications, and enhanced rates for CSM evolution. Apparently, LTE enhances speed as well as capacity of core network.

Moreover, 5G technology is in the nascent phase and is anticipated to open slew of opportunities for the players in telecom industry. Additionally, 5G network refers to new technology having the ability of providing seamless experience to smartphone & iPhone users. Onset of third generation partnership project has enhanced the services of 5G network.

LTE and 5G Broadcast Market: Growth Dynamics

Surge in the proportion of LTE & 5G subscribers owing to large-scale use of smartphones & iPhones will prompt LTE and 5G Broadcast market surge over the assessment timespan. Furthermore, escalating customer demand for high density content like live sports events will embellish the expansion of LTE and 5G broadcast market over the projected period. Necessity of connecting to large number of devices with onset of IoT technology will steer the growth of LTE and 5G broadcast industry during 2020-2026. Apparently, massive popularity of OTT services including mobile TV, digital radio, and video-on-demand along with broadcasting of plethora of live events will drive LTE and 5G Broadcast market trends.

Furthermore, humungous utility of Narrow-band Internet of Things technology is slated to provide new growth opportunities for LTE and 5G broadcast industry over forecast period. In addition to this, 5G broadcast enables seamless streaming of events on digital TV on smartphones and this will add to market profitability. A large number of persons are launching YouTube & Gaming Channels online and this has resulted in swift increase in YouTube subscribers, video traffic, and online gaming activities. This, in turn, will craft a profitable roadmap for LTE and 5G Broadcast Market in the foreseeable future. Moreover, surging requirement for reducing network traffic congestion will contribute majorly towards LTE and 5F Broadcast market size in the upcoming years.

LTE and 5G Broadcast Market: Report Scope

Report Attributes Report Details
Report Name LTE and 5G Broadcast Market Research Report
Market Size in 2019 USD 576 million
Market Forecast in 2026 USD 1,064 million
Growth Rate CAGR of 10.4%
Number of Pages 214
Key Companies Covered Qualcomm Corporation, Cisco Systems, Nokia, Huawei Technologies, Enensys Technologies, Telstra Corporation Limited, Ericsson, Reliance Jio, Samsung Electronics, ZTE Corporation, China Unicom Group Co. Ltd., NTT Docomo Inc.
Segments Covered By End-User, By Technology, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2015 to 2018
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Asia Pacific To Contribute Largest Market Share Over 2020-2026

The regional market growth over the forecast period is due to massive technological breakthroughs in telecom sector along with countries like India and China investing large amount of funds for developing 5G network. Prominently, firms like Reliance Telecom in India are likely to launch 5G services in second half of 2021. Additionally, Huawei Technologies in China rolled out world’s largest 5G network in first quarter of 2021. All these aforementioned aspects will steer the growth of LTE and 5G Broadcast industry in Asia Pacific over estimated timeline. Growing preference among end-users towards adoption of advanced technologies will carve an elevated growth trajectory for LTE and 5G Broadcast industry in Asia Pacific over the anticipated timeframe.

Key participants profiled in the study include

  • Qualcomm Corporation
  • Cisco Systems
  • Nokia
  • Huawei Technologies
  • Enensys Technologies
  • Telstra Corporation Limited
  • Ericsson
  • Reliance Jio
  • Samsung Electronics
  • ZTE Corporation
  • China Unicom Group Co., Ltd.
  • NTT Docomo Inc.

The global LTE and 5G Broadcast Market is segmented as follows:

By End Use:

  • Video on Demand
  • Emergency Alerts
  • Radio
  • Mobile TV
  • Connected Cars
  • Stadiums
  • Data Feeds & Notifications

By Technology:

  • LTE
  • 5G

By Region

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

Table Of Content

Methodology

FrequentlyAsked Questions

Surge in the proportion of LTE & 5G subscribers owing to large-scale use of smartphones & iPhones will prompt LTE and 5G Broadcast market surge over the assessment timespan. Furthermore, escalating customer demand for high density content like live sports events will embellish the expansion of LTE and 5G broadcast market over the projected period. Necessity of connecting to large number of devices with onset of IoT technology will steer the growth of LTE and 5G broadcast industry during 2020-2026. Apparently, massive popularity of OTT services including mobile TV, digital radio, and video-on-demand along with broadcasting of plethora of live events will drive LTE and 5G Broadcast market trends. Furthermore, humungous utility of Narrow-band Internet of Things technology is slated to provide new growth opportunities for LTE and 5G broadcast industry over forecast period.

According to Zion Market Research report, the global LTE and 5G Broadcast market, which was estimated at about 576 (USD Million) in 2019 and is predicted to accrue earnings worth 1,064 (USD Million) by 2026, is set to record a CAGR of nearly over 10.4% during 2020-2026.  

Asia Pacific is likely to make noteworthy contributions towards overall market revenue during 2020-2026. The growth of the industry in the sub-continent over the estimated timespan is attributed to massive technological breakthroughs in telecom sector along with countries like India and China investing large amount of funds for developing 5G network. Prominently, firms like Reliance Telecom in India are likely to launch 5G services in second half of 2021. Additionally, Huawei Technologies in China rolled out world’s largest 5G network in first quarter of 2021. All these aforementioned aspects will steer the growth of LTE and 5G Broadcast industry in Asia Pacific over the estimated timeline. Growing preference among end-users towards adoption of advanced technologies will carve an elevated growth trajectory for LTE and 5G Broadcast industry in Asia Pacific over the anticipated timespan.

 

The key players profiled in the report include are Qualcomm Corporation, Cisco Systems, Nokia, Huawei Technologies, Enensys Technologies, Telstra Corporation Limited, Ericsson, Reliance Jio, Samsung Electronics, ZTE Corporation, China Unicom Group Co., Ltd., and NTT Docomo Inc.

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