LTE and 5G Broadcast Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, India, Japan, Australia & New Zealand, South Korea, Brazil, Mexico, Argentina, UAE, Saudi Arabia, Israel, South Africa), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI4181
LTE and 5G Broadcast Market size is expected to grow significantly over the forecast period due to increasing demand for video streaming and optimization of high-speed 4G and 5G internet. According to the Global System for Mobile Communications Association (GSMA), almost two-thirds of the mobile connections (excluding cellular IoT) across the world will operate on high-speed networks, with 4G accounting for 53% of total mobile SIMs and 5G at 14% by 2025. Growth in the number of LTE mobile subscribers worldwide will further surge market growth. Due to the increasing mobile data usage and video traffic, the obligation to minimize network congestion will further lead to the adoption of LTE and 5G broadcast. Rising penetration of smartphones with 5G accessibility will further lead to LTE and 5G Broadcast market growth.
LTE and 5G Broadcast is used in several applications which include displays in stadiums, emergency alerts, digital signage, content delivery to automobile screens, and also to broadcast live sports events and championships. 5G Broadcast improves the mobile experience for consumers by increasing the speed of Video on Demand (VoD). LTE broadcast provides HD quality videos irrespective of the congested network; hence it is used in the broadcasting of VoD. 5G broadcast provides limitless media consumption for customers and improves the mobile experience. Since 5G broadband is enhanced via the 3rd Generation Partnership Project (3GPP) group and Evolved Multimedia Broadcast Multicast Services (eMBMS), which gives a full spectrum of High Power High Tower (HPHT) applications via downlink-only mode, usage of 5G broadband is comparatively higher than LTE broadband.
North America is expected to hold a significant share in the LTE and 5G broadcast market due to the increasing Foreign Direct Investments (FDI) and rising demand for online video streaming. Favorable government initiatives to increase the bandwidth of the radio spectrum to adopt 5G internet services to accelerate internet speed and accessibility will further lead to market growth. For instance, Canada increased the bandwidth of the spectrum to adopt ultra-fast 5G Internet service and improve rural Internet access. The Federal Communications Commission (FCC) has already begun an assessment for the allocation of 5G frequencies.
APAC is expected to show rapid growth in the LTE and 5G broadcast market over the forecast period due to the presence of a large number of mobile subscribers in the countries such as India and China. For instance, according to the India Brand Equity Foundation (IBEF), India has the second-largest telecommunication sector with 197.87 million subscribers until December 2018. The increasing FDI in the telecom sector in countries, such as India and Japan, will further surge the market growth in this region. For instance, according to the Department of Industrial Policy and Promotion (DIPP), FDI in the Indian telecom sector was USD 32.45 billion during the period April 2000 to December 2018. According to GSMA, China and Japan will be the leading countries in 5G connections by 2025.
Europe is expected to show rapid growth in the LTE and 5G broadcast market over the forecast period due to the rising penetration of smartphones in the European countries such as U K, the Netherlands, Sweden, and Germany. Companies in Europe are involved in new product development for improving functionality and features for the audience. They have introduced 5G smartphones along with 5G home routers for 5G broadband, which are specially tested in laboratories. For instance, BT Sport is now using 5G broadband technology to increase the coverage available to viewers with more matches & faster highlights.
The companies operating in the LTE and 5G broadcast market are entering into partnerships and new product development to hold their competitive position in the market. For instance, in August 2018, Qualcomm Technologies along with Datang Telecom Group launched multi-chipset to accelerate the deployment of LTE-V2X (Vehicle-to-Everything) direct communication technology & applications based on the 3rd-Generation Partnership Project (3GPP). In February 2018, Samsung Electronics America, Inc. and Verizon collaborated to advance 4G LTE Open RAN initiative to increase network efficiencies, prepare a path for virtualized RAN, advance inter-carrier interoperability, and 5G commercialization.
In November 2018, Huawei introduced a new CloudAIR3.0 solution that helps operators to ensure smooth LTE/5G-oriented evolution of full-spectrum through in-depth sharing, multi-dimensional convergence, and thorough cloudification of air interface resources. Some of the prominent players operating in this market include Cisco, Nokia, Qualcomm Technologies, Inc., NEC Technologies India Private Limited, Huawei Technologies Co., Ltd., ENENSYS Technologies group, Samsung Electronics, ZTE Corporation, Telefonaktiebolaget LM Ericsson, EXPWAY, NETGEAR, Intel Corporation, AT&T Intellectual Property, Verizon Wireless, SK TELECOM CO., LTD., China Unicom (Hong Kong) Limited, Telstra Corporation, Reliance Industries Limited., Athonet srl, KDDI CORPORATION, and T-Mobile USA, INC.
LTE and 5G Broadcast Market, By Technology, 2014-2025 (USD Million)
- LTE Broadcast
- 5G Broadcast
LTE and 5G Broadcast Market, By Application, 2014-2025 (USD Million)
- Video on Demand (VOD)
- Mobile TV
- Connected Cars
- Emergency Alerts
- Data Feed & Notifications
The above information has been provided for the following regions and countries:
- North America
- Australia & New Zealand (ANZ)
- South Korea
- Latin America
- South Africa
- Saudi Arabia
- AT&T Intellectual Property
- Athonet srl
- China Unicom (Hong Kong) Limited
- ENENSYS Technologies group
- Huawei Technologies Co., Ltd.
- Intel Corporation
- KDDI CORPORATION
- NEC Technologies India Private Limited
- Qualcomm Technologies, Inc.
- Reliance Industries Limited.
- Samsung Electronics
- SK TELECOM CO., LTD.
- Telefonaktiebolaget LM Ericsson
- Telstra Corporation
- T-Mobile USA, INC.
- Verizon Wireless
- ZTE Corporation
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