Global LTE & 5G Broadcast Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at 10.2 % through 2020 to 2026, reaching nearly US$ XX Mn.
The global LTE & 5G Broadcast market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global LTE & 5G Broadcast report also provides trends by market segments, technology, and investment with a competitive landscape.
Overview of LTE & 5G Broadcast:
LTE and 5G broadcast techniques dedicate a portion of wireless network assets to the hosting of specific content, allowing a provider to send a single information flow to all mobile users in a given region rather than a single stream to each user. These networks are widely used in connected vehicles, e-newspapers, content delivery networks, data feeds, radio, and other applications. 5G broadcast allows content providers and TV broadcasters to reach more customers because the technology allows them to directly address mobile devices.
Global LTE & 5G Broadcast Market Dynamics:
The increase in LTE mobile subscribers is the primary driver of the LTE and 5G broadcast market growth. The growing popularity of smartphones is driving the expansion of the LTE and 5G broadcast markets. The rise in demand for seamless mobile data services is also driving growth in the global LTE and 5G broadcast markets. The growing need to reduce network capacity congestion is driving the expansion of the LTE and 5G broadcast markets. However, the unwillingness to move away from legacy infrastructure is limiting the growth of the LTE and 5G broadcast markets.
Furthermore, the launch of 5G creates opportunities for TV broadcasters to broaden their customer reach because 5G allows direct access via mobile devices. The market for LTE and 5G broadcast is highly competitive, with key players focusing on new product launches, product development, business expansion, merger, and acquisition. For instance, in November 2019, China's three major telecom operators had begun to build a nationwide 5G network.
The development of The 3rd Generation Partnership Project’s (3GPP's) Narrow-Band IoT (NB-IoT) is expected to support massive machine connectivity in wide-area applications, boosting demand for LTE and 5G broadcast during the forecast era. Furthermore, the increasing demand for OTT services such as video-on-demand, mobile TV, digital radio, and live-event coverage, as well as the capacity required to deliver popular content, is having a significant effect on the capacity required to deliver popular content, resulting in new business opportunities for the industry.
Global LTE & 5G Broadcast Market Segmentation:
Global LTE & 5G Broadcast Market
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Based on the device type, the LTE & 5G broadcast market is segmented into wireless & mobile devices and wired devices. Wireless & mobile device applications are expected to have a significant impact on the market. Factors driving the market include a rise in global demand for infotainment products, an increase in the commercial use of wireless audio devices, and increased R&D investment by OEMs in the development of new and advanced wireless audio devices. When uploading rich content and viewing HD videos on the mobile device, wireless end-users profit from LTE broadcast services in terms of Quality of Experience (QoE). Operators are attempting to allow evolved Multimedia Broadcast Multicast Service (eMBMS) streams on their devices at a low cost.
Global LTE & 5G Broadcast Market
Global LTE & 5G Broadcast Market Regional Insights:
During the forecast period, Asia-Pacific will develop at the fastest pace. Growing innovations such as R&D activities, acquisitions, and ongoing collaborations among various companies across the market in Japan, China, India, and Australia are propelling the market forward. In the APAC, NB-IoT and LTE-M are still in their infancy. Cross-collaboration among some of the industry's most influential players, who are participating in field tests and trials of the LTE and 5G broadcast network across the country is expected to open up opportunities for the market in the APAC region. In the Asia-Pacific region, 165 operators had launched LTE in 49 countries/territories. In 2020, the number of operating 5G networks had more than doubled. In the first half of 2020, 11 operators launched, with three more had been launching in Taiwan in July 2020. There are also 69 other operators invested in 5G networks across 19 countries/territories.
Global LTE & 5G Broadcast Market
The objective of the report is to present a comprehensive analysis of the Global LTE & 5G Broadcast Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global LTE & 5G Broadcast Market dynamics, structure by analyzing the market segments and project the global LTE & 5G Broadcast market size. Clear representation of competitive analysis of key players By Device Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global LTE & 5G Broadcast Market make the report investor’s guide.
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Global LTE & 5G Broadcast Market
Global LTE & 5G Broadcast Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global LTE & 5G Broadcast Market Key Players
• Qualcomm Technologies, Inc.
• SAMSUNG
• Huawei Technologies Co., Ltd.
• Cisco
• ZTE Corporation.
• Telefonaktiebolaget LM Ericsson
• Nokia
• NEC Corporation
• EXPWAY
• AT&T Intellectual Property
• Intel Corporation
• Verizon
• T-Mobile USA, INC
• Keysight Technologies
• Altair Semiconductor
• Airspan
• Athonet srl
• Fortinet, Inc.
• Mpirical Limited
• Juniper Networks, Inc.
• Ericsson
• Enensys Technologies
• Rohde Y& Schwarz
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