The global LTE and 5G broadcast market size reached US$ 783.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,745.4 Million by 2032, exhibiting a growth rate (CAGR) of 9.04% during 2024-2032. The escalating demand for high-speed internet services, emergence of new technologies, such as 5G and LTE-Advanced Pro, and the rising popularity of cost-effective mobile video services represent some of the key factors driving the market.
Market Size in 2023
|US$ 783.0 Million
Market Forecast in 2032
|US$ 1,745.4 Million
|Market Growth Rate 2024-2032
The LTE and 5G Broadcast is a combination of mobile network technologies that allow broadcast-style video and audio content delivery directly to consumers' devices. It functions by fusing two technologies - Long Term Evolution (LTE) and fifth generation (5G) mobile networks to provide high-speed data transmission over large distances with low latency. This technology offers improved performance, better coverage, and enhanced user experience through its use of advanced multiple-input multiple-output (MIMO) antenna systems. This technology allows broadcasters to send large amounts of data in real-time using a single frequency channel, making it ideal for streaming services and websites. Furthermore, it can also be used to broadcast live events or efficiently deliver content for various applications, such as streaming video, audio, and other multimedia content. The LTE and 5G broadcast market provides a range of services that can help organizations reduce costs associated with their communication needs while increasing the quality of their services.
LTE and 5G Broadcast Market Trends:
The escalating demand for high-speed internet services and the augmenting need to reduce latency in communication networks is a significant factor driving the market. This can be attributed to the widespread popularity of streaming services and websites among the masses, thereby requiring reliable and fast mobile networks. In line with this, continual technological advancements, such as multiple-input multiple-output (MIMO) technology and high-bandwidth spectrum availability, are also creating lucrative opportunities in this market. In line with this, the emergence of new technologies, such as 5G and LTE-Advanced Pro, carrier aggregation and beamforming, is creating a positive outlook for the market. The market is further driven by the increasing adoption of mobile broadband services and wireless infrastructure to cater to the various demands for enhanced user experience. Additionally, rapid digitization in numerous end-use industries due to the augmenting adoption of mobile communication technology is also contributing to the growth of this market. The market is further fueled by the widespread adoption of connected devices, such as smartphones and smart home appliances using scalable broadcasting technologies and the internet of things (IoT), thereby propelling the demand for LTE and 5G broadcasting. Apart from this, favorable government initiatives supporting digital transformation are resulting in higher government investments in LTE and 5G networks. Some of the other factors contributing to the market include the rising popularity of cost-effective mobile video services, rapid urbanization, and extensive research and development (R&D) activities.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global LTE and 5G broadcast market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on technology and end user.
- LTE Broadcast
- 5G Broadcast
The report has provided a detailed breakup and analysis of the LTE and 5G broadcast market based on the technology. This includes LTE broadcast and 5G broadcast. According to the report, LTE broadcast represented the largest segment.
End User Insights
- Mobile TV
- Connected Cars
- Emergency Alerts
- E-Newspapers and E-Magazines
- Radio Data Feed and Notifications
A detailed breakup and analysis of the LTE and 5G broadcast market based on the end user has also been provided in the report. This includes video-on-demand, mobile tv, connected cars, emergency alerts, stadiums, e-newspapers and e-magazines, radio data feed and notifications, and others. According to the report, video-on-demand accounted for the largest market share.
- North America
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, North America was the largest market for LTE and 5G broadcast. Some of the factors driving the North America LTE and 5G broadcast market include the emergence of new technologies, such as 5G and LTE-Advanced Pro, carrier aggregation and beamforming, the presence of several key players, rapid digitization of numerous end-use industries, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global LTE and 5G broadcast market. Detailed profiles of all major companies have also been provided. Some of the companies covered include AT&T Inc., Athonet srl, Cisco Systems Inc., Enensys Technologies SA, Huawei Technologies Co. Ltd., KT Corporation, NEC Corporation, Nokia Corporation, Reliance Jio Infocomm Limited, Spinner Group, Telstra Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
|Base Year of the Analysis
||LTE Broadcast, 5G Broadcast
|End Users Covered
||Video-On-Demand, Mobile TV, Connected Cars, Emergency Alerts, Stadiums, E-Newspapers and E-Magazines, Radio Data Feed and Notifications, Others
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||AT&T Inc., Athonet srl, Cisco Systems Inc., Enensys Technologies SA, Huawei Technologies Co. Ltd., KT Corporation, NEC Corporation, Nokia Corporation, Reliance Jio Infocomm Limited, Spinner Group, Telstra Corporation, etc.
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Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the LTE and 5G broadcast market from 2018-2032.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global LTE and 5G broadcast market.
- The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the LTE and 5G broadcast industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.