The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the long term evolution (lte) and 5g broadcast market in recent years?
The increasing penetration of smartphones is expected to propel the growth of the long-term evolution (LTE) and 5G broadcast market going forward. Smartphones are handheld electronic devices that combine the functionalities of a traditional mobile phone with those of a computer. The increasing penetration of smartphones is due to internet connectivity, digital platforms, and mobile workforce capabilities. LTE improved coverage and reliability over 3G, and 5G takes this further by utilizing a mix of spectrum bands that can cover larger areas and penetrate buildings better. Improved reliability and coverage make smartphones more functional in more places, encouraging higher adoption rates in rural and underdeveloped regions. For instance, in March 2023, according to a report published by Cybercrew, a UK-based company developing and providing cybersecurity solutions, the percentage of UK households using smartphones reached 91.43% in 2021, which is projected to increase to 93.8% by 2026. Therefore, the increasing penetration of smartphones drives the LTE and 5G Broadcast market.
Access Your Free Sample of the Global Amusement Parks Global Market Report 2025 Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=15212&type=smp
What is the projected market size of the long term evolution (lte) and 5g broadcast industry, and how is it expected to grow?
The long term evolution (LTE) and 5G broadcast market size has grown rapidly in recent years. It will grow from $0.94 billion in 2024 to $1.06 billion in 2025 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to growing need for fast internet connectivity, growing expansion of the internet of things (IoT), rising consumer’s demand for premium content, rising application of multimedia services across emerging economies.
The long term evolution (LTE) and 5G broadcast market size is expected to see rapid growth in the next few years. It will grow to $1.73 billion in 2029 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to surging penetration of smartphones, benefits offered by LTE & 5G broadcast infrastructure, the development of narrow-band IoT (NB-IoT) in 3gpp. Major trends in the forecast period include rapid technological advancements, digital innovation, advancement in the broadband speed, Strategic collaboration initiatives.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=15212&type=smp
Who are the key players driving competition in the long term evolution (lte) and 5g broadcast market?
Major companies operating in the long term evolution (LTE) and 5G broadcast market report are Samsung Electronics Co. Ltd.; Verizon Wireless; AT&T Inc.; China Mobile Ltd.; Huawei Technologies Co. Ltd.; China Telecom Corporation Limited; Intel Corporation; T-Mobile USA Inc.; China United Network Communications Limited; Cisco Systems Inc.; Qualcomm Incorporated; America Movil S.A.B. de C.V.; NTT Docomo Inc.; NEC Corporation; Telefonaktiebolaget LM Ericsson; Nokia Corporation; KDDI Corporation; KT Corporation; ZTE Corporation; Telstra Group Limited; Telstra Corporation Limited; SK Telecom Co. Ltd.; Keysight Technologi Inc.; Rohde & Schwarz GmbH & Co. KG; Reliance Limited; Sierra Wireless; Spinner GmbH; Enensys Technologies SA; Athonet srl; EXPWAY
What key trends are expected to drive the long term evolution (lte) market during the forecast period?
Major companies operating in the long-term evolution (LTE) and 5G broadcast market are developing technological solutions such as the 5G Fixed Wireless Access (FWA) platform, to gain a competitive edge in the market. The 5G Fixed Wireless Access (FWA) platform is a technology that provides fast internet access to homes, businesses, and other places using 5G wireless networks. For instance, in July 2024, NTT Docomo, Inc., a Japan-based mobile operator, launched its 5G New Radio-Dual Connectivity (NR-DC) service. The service offers download speeds of up to 6.6 Gbps, making it one of the fastest available in Japan. This is achieved through the integration of both Sub-6 and millimeter-wave frequency bands. NR-DC technology allows for simultaneous transmission and reception across multiple frequencies by connecting two 5G base stations. This enhances overall network performance and user experience.
Which key geographies are driving the growth of the long term evolution (lte) and 5g broadcast market?
North America was the largest region in the long term evolution (LTE) and 5G broadcast market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the long term evolution (LTE) and 5G broadcast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Order Your Report Now For Swift Delivery
What are the key segments driving growth in the long term evolution (lte) and 5g broadcast market?
The long term evolution (LTE) and 5G broadcast market covered in this report is segmented –
1) By Device Type: Wireless And Mobile Devices, Wired Devices
2) By Technology: Long-Term Evolution (LTE) Broadcast, 5G Broadcast
3) By End Users: Video-On-Demand, Mobile TV, Connected Cars, Emergency Alerts, Stadiums, E-Newspapers And E-Magazines, Radio Data Feed And Notifications, Other End Users
Subsegments:
1) By Wireless And Mobile Devices: Smartphones, Tablets, Wearables, Laptops
2) By Wired Devices: Set-Top Boxes, Fixed Modems, Routers
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15212
How is the long term evolution (lte) and 5g broadcast market defined, and what are its core characteristics?
Long-term evolution (LTE) And 5G broadcast are technologies designed to efficiently deliver multimedia content such as video, audio, and data, to many users simultaneously over cellular networks. These technologies transform multimedia content and consumption, offering enhanced quality, scalability, and flexibility for broadcasters, content providers, and mobile network operators.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
