Thursday, July 18, 2024

LTE & 5G Broadcast Market Demand and Industry analysis forecast to 2030

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Market Overview:

The LTE and 5G broadcast market size is projected to reach USD $60.34 Billion by 2030 , with a CAGR of 4.05%. LTE-based 5G Terrestrial Broadcast (also known as 5G Broadcast) is a global broadcast standard defined by the 3GPP organization that allows the distribution of multimedia content to an unlimited number of users with a single transmission. This technology is based on 3GPP- defined multimedia broadcast/multicast services (MBMS) and is designed to work with 4G and 5G networks. With 5G Broadcast, operators can deliver high-quality, low-latency content such as live sports events, news, emergency alerts, and software updates to many users simultaneously.

Top Key Players:

  • Qualcomm Technologies Inc. (US)
  • SAMSUNG (South Korea)
  • Cisco Systems Inc. (US)
  • Huawei Technologies Co. Ltd. (China)
  • ZTE Corporation (China)
  • Telefonaktiebolaget LM Ericsson (Sweden)
  • Nokia (Finland)
  • NEC Corporation (Japan)
  • ENENSYS Technologies (France)
  • Athonet srl (Italy)
  • AT&T (US)
  • Intel Corporation (US)

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Key Market Drivers

Increasing demand for high-quality video content: Consumers are increasingly demanding high-quality video content, which is driving the need for faster and more reliable networks. LTE & 5G broadcast can provide the bandwidth and speed necessary to deliver high-quality video content to consumers.

Growing adoption of smartphones: The number of smartphone users is growing rapidly, which is driving the demand for mobile data services. LTE & 5G broadcast can help to reduce congestion on mobile networks by offloading video traffic from unicast to multicast delivery.

Expansion of 5G networks: The expansion of 5G networks is creating new opportunities for LTE & 5G broadcast. 5G networks offer significantly faster speeds and lower latency than 4G LTE networks, which makes them ideal for delivering high-quality video content.

LTE and 5G Broadcast scope can vary, but generally refer to the technology and market segments related to broadcasting linear TV and radio services using LTE and 5G networks . The scope of LTE-based 5G terrestrial broadcast systems includes the associated features of such a system , which are introduced in technical documents and generally cover the end-to-end system architecture, signalling protocols, network elements, and performance requirements. The market scope of LTE and 5G Broadcast refers to the segments of the market that are primarily segmented on the basis of technology, end-use, and geographic region. These markets include both the deployment and maintenance of LTE and 5G networks for broadcasting purposes, as well as the development and management of related hardware, software, and services.

Key Market Trends

  • Adoption of eMBMS: eMBMS (Enhanced Multimedia Broadcast Multicast Service) is a key technology for LTE & 5G broadcast. eMBMS enables broadcasters to deliver live and on-demand video content to a large number of users simultaneously.
  • Development of new applications: New applications for LTE & 5G broadcast are emerging, such as mobile TV, video surveillance, and augmented reality.

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Key Market Challenges

  • Cost of deployment: The cost of deploying LTE & 5G broadcast networks is relatively high. This could be a barrier to entry for some broadcasters and network operators.
  • Spectrum availability: The availability of spectrum for LTE & 5G broadcast is limited in some regions.

LTE & 5G Broadcast Market Highlights:
LTE & 5G Broadcast Market Size

LTE & 5G Broadcast Market Trends

LTE & 5G Broadcast Market Analysis

LTE & 5G Broadcast Market Share

LTE & 5G Broadcast Companies

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