Title: LTE and 5G Broadcast Market Growth Potential & Forecast, 2019 – 2025
1LTE and 5G Broadcast Market Size Growth During
Forecast Period.
2Key Insights from LTE and 5G Broadcast Market
- LTE and 5G Broadcast Market size is expected to
grow significantly over the forecast period due
to increasing demand for video streaming and
optimization of high-speed 4G and 5G internet.
According to the Global System for Mobile
Communications Association (GSMA), almost
two-thirds of the mobile connections (excluding
cellular IoT) across the world will operate on
high-speed networks, with 4G accounting for 53
of total mobile SIMs and 5G at 14 by 2025. - Growth in the number of LTE mobile subscribers
worldwide will further surge market growth. Due
to the increasing mobile data usage and video
traffic, the obligation to minimize network
congestion will further lead to the adoption of
LTE and 5G broadcast. Rising penetration of
smartphones with 5G accessibility will further
lead to LTE and 5G Broadcast market growth. -
3Continued
- LTE and 5G Broadcast is used in several
applications which include displays in stadiums,
emergency alerts, digital signage, content
delivery to automobile screens, and also to
broadcast live sports events and championships.
5G Broadcast improves the mobile experience for
consumers by increasing the speed of Video on
Demand (VoD). - LTE broadcast provides HD quality videos
irrespective of the congested network hence it
is used in the broadcasting of VoD. 5G broadcast
provides limitless media consumption for
customers and improves the mobile experience.
Since 5G broadband is enhanced via the 3rd
Generation Partnership Project (3GPP) group and
Evolved Multimedia Broadcast Multicast Services
(eMBMS), which gives a full spectrum of High
Power High Tower (HPHT) applications via
downlink-only mode, usage of 5G broadband is
comparatively higher than LTE broadband.
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5Market research reports Key analytical components
6Major Companies in LTE and 5G Broadcast Market
- Samsung Electronics
- ZTE Corporation
- Telefonaktiebolaget LM Ericsson
- EXPWAY
- NETGEAR
- Intel Corporation
- ATT Intellectual Property
- Verizon Wireless
- SK TELECOM CO
7Regional Insights LTE and 5G Broadcast Market
North America is expected to hold a significant
share in the LTE and 5G broadcast market due to
the increasing Foreign Direct Investments (FDI)
and rising demand for online video streaming.
Favorable government initiatives to increase the
bandwidth of the radio spectrum to adopt 5G
internet services to accelerate internet speed
and accessibility will further lead to market
growth. For instance, Canada increased the
bandwidth of the spectrum to adopt ultra-fast 5G
Internet service and improve rural Internet
access. The Federal Communications Commission
(FCC) has already begun an assessment for the
allocation of 5G frequencies. APAC is expected
to show rapid growth in the LTE and 5G broadcast
market over the forecast period due to the
presence of a large number of mobile subscribers
in the countries such as India and China. For
instance, according to the India Brand Equity
Foundation (IBEF), India has the second-largest
telecommunication sector with 197.87 million
subscribers until December 2018. The increasing
FDI in the telecom sector in countries, such as
India and Japan, will further surge the market
growth in this region.
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