Pune, India, July 26, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, global LTE and 5G broadcast market is anticipated to register a healthy CAGR over the stipulated timeframe to amass modest returns by the year 2028.
Additionally, the study discusses the revenue contribution as well as growth opportunities for various market segments including technology type and end-use spectrum. To clearly comprehend the prospects in different locations, the booklet also includes a thorough geographical bifurcation. A full-fledged analysis of well-known players is also provided, along with an overview of their service and product offerings to aid shareholders in making clear and profitable decisions.
The industry is primarily driven by rising smartphone penetration, demand for widespread device connectivity due to the development of IoT, combined with the growing preference for on-demand content, and seamless mobile data services.
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For the uninitiated, long-term evolution (LTE), which is primarily based on the UMTS/HSPA and GSM/EDGE standards, is a wireless broadband communication technology for data terminals and mobile devices. The wireless standard known as 5G, or fifth generation, enables the networking and communication of devices such as connected cars, homes, and offices.
Growing number of smartphone subscriptions, rising demand for dependable & high-quality public safety communication systems, and focus on decreasing network capacity congestion are expected to bolster industry outlook in the coming years.
However, dearth of experienced labor, and compatibility issues between 5G broadcast and reception devices may hamper worldwide LTE and 5G broadcast market trends over the analysis timeframe.
Market segment overview:
Based on technology, the industry is bifurcated into 5G and LTE. In terms of end-use terrain, the market is branched into data feeds & notifications, stadiums, connected cars, mobile tv, radio, emergency alerts, last mile CDN, e-newspapers & e-magazines, fixed LTE quadruple play, video on demand, and others.
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Regional scope:
For in-depth insights, the latest industry trends are studied across North America (U.S., Canada, Mexico, Brazil), Europe (U.K, France, Germany, Spain, Italy, Rest of Europe), Asia Pacific (China, South Korea, India, Australia, Japan) Latin America (Brazil and Mexico), and rest of the world.
Among these, North America industry holds a major revenue share at present, owing to rising R&D expenditures, advent of novel technologies, and expanding presence of major players in the region.
Whereas Asia Pacific market is slated to expand at a healthy CAGR over the analysis timeframe, on the back of strong economic expansion, upsurge in internet usage, and rising demand for in-car connectivity across the region.
Competitive dashboard:
On the competitive front, Rohde & Schwarz GmbH & Co. KG, ENENSYS Technologies S.A., NEC Corporation, Nokia Corporation, ZTE Corporation, Telefonaktiebolaget LM Ericsson, Cisco Systems, Inc., Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., and Qualcomm Technologies, Inc. are the leading players in global LTE and 5G broadcast market.
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Global LTE and 5G Broadcast Market, by Technology (Revenue, USD Million, 2018-2028)
- LTE
- 5G
Global LTE and 5G Broadcast Market, by End-Use (Revenue, USD Million, 2018-2028)
- Data Feeds & Notifications
- Stadiums
- Connected Cars
- Mobile Tv
- Radio
- Emergency Alerts
- Last Mile CDN
- E-Newspapers & E-Magazines
- Fixed LTE Quadruple Play
- Video On Demand
- Others
Global LTE and 5G Broadcast Market, Geographical Fragmentation (Revenue, USD Million, 2018-2028)
North America
- U.S.
- Canada
Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- South Korea
- Japan
- India
- Australia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
Rest of the World
Global LTE and 5G Broadcast Market, Company Profiles (Revenue, USD Million, 2018-2028)
- Rohde & Schwarz GmbH & Co. KG
- ENENSYS Technologies S.A.
- NEC Corporation
- Nokia Corporation
- ZTE Corporation
- Telefonaktiebolaget LM Ericsson
- Cisco Systems, Inc.
- Huawei Technologies Co., Ltd.
- Samsung Electronics Co., Ltd.
- Qualcomm Technologies, Inc.
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global LTE and 5G Broadcast Market, by Region, 2020-2028 (USD Million)
1.2.2. Global LTE and 5G Broadcast Market, by Technology, 2020-2028 (USD Million)
1.2.3. Global LTE and 5G Broadcast Market, by End Use, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global LTE and 5G Broadcast Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global LTE and 5G Broadcast Market Dynamics
3.1. LTE and 5G Broadcast Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Increasing penetration of smartphones
3.1.1.2. Growing need for massive connectivity of devices due to evolution of IoT
3.1.2. Market Challenges
3.1.2.1. Shortage of compatible 5G broadcast and reception devices
3.1.2.2. Lack of skilled workforce
3.1.3. Market Opportunities
3.1.3.1. Growing need for reliable and high-quality public safety communication systems
3.1.3.2. Increasing requirements for minimizing network capacity congestion
Chapter 4. Global LTE and 5G Broadcast Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global LTE and 5G Broadcast Market, by Technology
6.1. Market Snapshot
6.2. Global LTE and 5G Broadcast Market by Technology, Performance - Potential Analysis
6.3. Global LTE and 5G Broadcast Market Estimates & Forecasts by Technology 2018-2028 (USD Million)
6.4. LTE and 5G Broadcast Market, Sub Segment Analysis
6.4.1. LTE
6.4.2. 5G
Chapter 7. Global LTE and 5G Broadcast Market, by End Use
7.1. Market Snapshot
7.2. Global LTE and 5G Broadcast Market by End Use, Performance - Potential Analysis
7.3. Global LTE and 5G Broadcast Market Estimates & Forecasts by End Use 2018-2028 (USD Million)
7.4. LTE and 5G Broadcast Market, Sub Segment Analysis
7.4.1. Video on Demand
7.4.2. Fixed LTE Quadruple Play
7.4.3. e-Newspapers and e-Magazines
7.4.4. Last Mile CDN
7.4.5. Emergency Alerts
7.4.6. Radio
7.4.7. Mobile TV
7.4.8. Connected Cars
7.4.9. Stadiums
7.4.10. Data Feeds & Notifications
7.4.11. Others
Chapter 8. Global LTE and 5G Broadcast Market, Regional Analysis
Related Report:
5G Infrastructure Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028
The 5G infrastructure market is foreseen to grow enormously through 2028 driven by exponential demand for greater bandwidth and speed capabilities. In addition, increasing government support to promote 5G deployment is primed to further fuel market growth over the forecast timeline. 5G networks provide higher speed bandwidth than existing LTE networks. During the COVID-19 outbreak, the industry witnessed a halt due to safety protocols and lockdowns. However, easing lockdown restrictions have boosted the adoption of wireless technologies, which has enhanced the focus on commercialization of the 5G infrastructure. With regards to region, the Latin America 5G infrastructure market is estimated to grow at more than 80% CAGR over the analysis timespan due to surging smartphone penetration in the LATAM region. Meanwhile, the Middle East & Africa 5G infrastructure market is likely to witness robust growth at a CAGR of about 85% through 2028 on account of mounting development of smart city infrastructure in the MEA region.
Private LTE Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028
The private LTE market is expected to grow enormously by 2028 owing to surging demand for maintaining and supervising operations in remote areas for better coverage. In addition, low latency and an outreach of wireless trends and innovations are set to contribute to market growth through the forecast period. The coronavirus outbreak boosted the need for wireless communication and digital technology. Commercialization of 5G networks around the world has positively impacted the private LTE market during the pandemic. In the regional landscape, the LAMEA private LTE industry is anticipated to expand at a CAGR of around 20% through the forecast period. Notable smart city infrastructural advancements in the region are foreseen to bolster market development.
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