Press release
Why the LTE and 5G Broadcast Market Is Set To Explode? | Global Players are Cisco, Nokia, Qualcomm, Huawei, Samsung Electronics, ZTE Corporation, NETGEAR, Intel Corporation, AT&T, Telstra, Reliance Industries Limited
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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.
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.
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.
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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)
o LTE Broadcast
o 5G Broadcast
LTE and 5G Broadcast Market, By Application, 2014-2025 (USD Million)
o Video on Demand (VOD)
o Mobile TV
o Connected Cars
o Emergency Alerts
o Stadiums
o E-Newspapers
o E-Magazines
o Data Feed & Notifications
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Arun Hegde
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Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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