LTE and 5G broadcast Market Overview

The LTE and 5G broadcast market size is expected to reach USD 1,064.91 million by 2027 according to a new study by Polaris Market Research. The report “LTE and 5G Broadcast Market Share, Size, Trends, Industry Analysis Report, by Technology (LTE Broadcast, 5G Broadcast); By End Use (Video on demand (VOD), Stadiums, Mobile TV, E-Newspapers and E-Magazines, Radio, Emergency Alerts, Data Feeds and Notifications, Connected Cars, Last Mile CDN, Fixed LTE Quadruple Play); By Regions; Segment Forecast, 2020-2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Long-Term Evolution (LTE) refers to a key standard that is being used for high-speed wireless communication through the data terminals and mobile devices such as smart phones, tablets, Kindle, etc. LTE offers internet services based on Global System for Mobile Communications (GSM), Universal Mobile Telecommunications System (UMTS), Enhanced Data rates for GSM Evolution (EDGE), and High Speed Packet Access (HSPA) technologies. LTE boosts the speed and capacity by deploying a varied radio interface along with the improvements of the core network.

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5G broadcast enables consumers to use limitless data while also enhance their overall mobile device usage experience as against the traditional 4G LTE broadcast. The FeMBMS standard offers a complete band of high-power high-tower (HPHT) advanced applications through the use of downlink mode. The content providers and television broadcasters have significant opportunity to increase their customer reach by using 5G broadcast since this technology enables them to proactively and directly address the mobile devices. The rising demand for premium video content by the consumers including, live broadcast of a sports event is expected to fuel the 5G broadcast demand.

Market participants such as AT&T, Athonet, Cisco, Enensys Technologies, Ericsson, Expway, Huawei, Intel, KDDI, KT, NEC, Netgear, Nokia, Qualcomm, Samsung Electronics, SK Telecom, Telstra, T-Mobile, Verizon Wireless, and ZTE are some of the key players that are currently operational in the global market.

The players in the market are primarily focused on product innovation & development as well as acquisitions to improve upon their product portfolio as well as boost their geographical presence. For instance, in December 2019, Videotron has partnered with Samsung Electronics to deploy 5G radio access and LTE Advanced technologies all across Canada. This strategy enables Videotron to boost the implementation of its advanced high-speed network. In addition, in February 2020, U.S. Cellular has purchased 5G driven New Radio (NR) technology from Samsung Electronics that has enabled U.S. Cellular to implement highly advanced outdoor and indoor internet connectivity services.

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LTE and 5G broadcast End-Use Outlook (Revenue – USD Million, 2016 – 2027)

Video on Demand (VOD)
Mobile TV
Connected Cars
Emergency Alerts
Stadiums
E-Newspapers and E-Magazines
Fixed LTE Quadruple Play
Last Mile Content Delivery Network (CDN)
Radio
Data Feeds & Notifications
Others
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