PUBLISHER: Lucintel | PRODUCT CODE: 1417110
PUBLISHER: Lucintel | PRODUCT CODE: 1417110
The future of the global LTE and 5G broadcast market looks promising with opportunities in the video on demand (VOD), mobile TV, connected cars, emergency alerts, stadiums, e-newspapers and e- magazines, radio, and data feed & notification markets. The global LTE and 5G broadcast market is expected to reach an estimated $1.8 billion by 2030 with a CAGR of 11.8% from 2024 to 2030. The major drivers for this market are rising smartphone penetration combined with rising LTE and 5G mobile subscribers, increasing acceptance of seamless mobile data services and on-demand content, and expanding requirement for widespread device connectivity as a result of iot growth.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global LTE and 5G broadcast by technology, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies LTE and 5G broadcast companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the LTE and 5G broadcast companies profiled in this report include-
Lucintel forecasts that 5g broadcast is expected to witness the higher growth over the forecast period because of home customers' growing desire to watch live broadcasts of all sporting events, including football tournaments, chess competitions, cricket world cups, and other competitions.
North America will remain the largest region over the forecast period due to growing advancements in hardware-driven connected internet-of-things (iot) devices and the increasing need for incredibly low latency data connectivity.
Market Size Estimates: LTE and 5g broadcast market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: LTE and 5g broadcast market size by technology, end use industry, and region in terms of value ($B).
Regional Analysis: LTE and 5g broadcast market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology, end use industry, and regions for the LTE and 5G broadcast market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the LTE and 5G broadcast market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the LTE and 5G broadcast market size?
Answer: The global LTE and 5G broadcast market is expected to reach an estimated $1.8 billion by 2030.
Q2. What is the growth forecast for LTE and 5G broadcast market?
Answer: The global LTE and 5G broadcast market is expected to grow with a CAGR of 11.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the LTE and 5G broadcast market?
Answer: The major drivers for this market are rising smartphone penetration combined with rising LTE and 5G mobile subscribers, increasing acceptance of seamless mobile data services and on-demand content and expanding requirement for widespread device connectivity as a result of iot growth.
Q4. What are the major segments for LTE and 5G broadcast market?
Answer: The future of the LTE and 5G broadcast market looks promising with opportunities in the video on demand (VOD), mobile TV, connected cars, emergency alerts, stadiums, e-newspapers and e- magazines, radio, and data feed & notification markets.
Q5. Who are the key LTE and 5G broadcast market companies?
Answer: Some of the key LTE and 5G broadcast companies are as follows.
Q6. Which LTE and 5G broadcast market segment will be the largest in future?
Answer: Lucintel forecasts that 5g broadcast is expected to witness the higher growth over the forecast period because of home customers' growing desire to watch live broadcasts of all sporting events, including football tournaments, chess competitions, cricket world cups, and other competitions.
Q7. In LTE and 5G broadcast market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing advancements in hardware-driven connected internet-of-things (iot) devices and the increasing need for incredibly low latency data connectivity.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.