Global LTE and 5G Broadcast Market Trends and Forecast 2028: Growth & Market Size

The Global LTE and 5G Broadcast Market is valued at USD 759.93 Million in 2022 and is projected to grow at a CAGR of around 9.56% during the forecast period, i.e., 2023-28.
Global LTE and 5G Broadcast Market Dynamics:
An Explosion in LTE and 5G Mobile Subscribers Worldwide - An Explosion in LTE and 5G Mobile Subscribers Worldwide - The market has witnessed a sudden expansion driven mainly by the swift surge in LTE and 5G mobile subscribers globally. According to the Global System for Mobile Communications (GSMA), there were 5.5 billion LTE subscribers worldwide as of the end of 2022. Likewise, with approximately 1.77 billion 5G subscribers worldwide in 2023, expected to reach 2.8 billion by 2024 and 5.9 billion by 2027, the market is poised for expansion.
Moreover, the commercial availability of 5G in various countries adds to the momentum. These advancements enable mobile network operators to monetize network bandwidth through innovative business models, offering services like digital signage, emergency alerts, and content delivery. This revenue-generating potential, along with the increasing subscriber base, drives the growth of the LTE and 5G broadcast market.
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Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Global LTE and 5G Broadcast Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2022
-Historical Period: 2018 to 2021
-Forecast Period: 2023-28
- By End Use
- Video on Demand- Market Size & Forecast 2018-2028, USD Million
- Connected Vehicles- Market Size & Forecast 2018-2028, USD Million
- Advertising - Market Size & Forecast 2018-2028, USD Million
- Content/Data Delivery - Market Size & Forecast 2018-2028, USD Million
- Public Safety- Market Size & Forecast 2018-2028, USD Million
- Live Event Streaming- Market Size & Forecast 2018-2028, USD Million
- Mobile TV Streaming- Market Size & Forecast 2018-2028, USD Million
- Other Applications- Market Size & Forecast 2018-2028, USD Million
- By Region
- North America
- South America
- Europe
- Asia-Pacific
- The Middle East and Africa
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - AT&T Inc., Athonet, China Unicom, Cisco, Enensys Technologies, Huawei, Nokia Corporation, Qualcomm, Reliance [Jio], Samsung Electronics, SK Telecom, Telstra, T-Mobile, Verizon Wireless, ZTE, Other
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