MarkNtel Advisors has thoughtfully curated the Global LTE and 5G Broadcast Market Research Report, taking into account our client's distinct needs. Our research offers a thorough examination of the present regional and global market conditions. This report on industry analysis extensively encompasses market dynamics, limitations, and their potential consequences on future market requirements, presenting a comprehensive overview of the sector.
What is the projected growth rate of the Global LTE and 5G Broadcast Market during the forecast period?
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.
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Global LTE and 5G Broadcast Market Driver:
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.
The report has segmented the market into the following categories:
-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
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-By Region
-North America
-South America
-Europe
-Asia-Pacific
-The Middle East and Africa
Competitive Landscape with Key Player:
ATT 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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