According to a market report by Lucintel, 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 from $0.9 billion in 2024, at 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 to understand trends, opportunity and forecast in LTE and 5G broadcast market to 2030 by technology (LTE broadcast and 5G broadcast), end use industry (video on demand (VOD), mobile TV, connected cars, emergency alerts, stadiums, e-newspapers and e- magazines, radio, and data feed & notifications), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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.
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Qualcomm Corporation, Cisco Systems, Nokia, Huawei Technologies, Enensys Technologies, Telstra Corporation, Ericsson, Reliance Jio, Samsung Electronics, ZTE Corporation are the major suppliers in the LTE and 5G broadcast market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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