Press release
LTE & 5G Broadcast Market Set to Reach USD 1.60 Billion by 2030
LTE & 5G Broadcast Market
The global LTE & 5G Broadcast market, valued at USD 0.81 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2030, reaching approximately USD 1.60 billion by the end of the forecast period.
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► Market Dynamics and Growth Drivers
The surge in demand for high-quality video content, live event broadcasting, and seamless mobile data services is propelling the growth of the LTE & 5G Broadcast market. The increasing popularity of smartphones and the need to reduce network capacity congestion are further driving market expansion. However, the reluctance to move away from legacy infrastructure poses a challenge to market growth.
► Competitive Landscape
The LTE & 5G Broadcast market is characterized by the presence of several key players, including AT&T Inc., Verizon Wireless, Huawei Technologies Co. Ltd., Qualcomm, Samsung Electronics, ZTE Corporation, and Ericsson. These companies are focusing on new product launches, product development, business expansion, mergers, and acquisitions to cater to the evolving consumer needs.
► Regional Insights
• United States: Growth and Consolidation
The United States stands out as a key market disruptor, with an 83.60% market share in North America. The increasing consumption of video content, including live sports, news, on-demand shows, and educational content, is favoring the expansion of the market. Additionally, the growing number of mobile connections and the use of smartphones as portable entertainment hubs are creating the need for stable and high-speed connections.
• Asia Pacific: Opportunities and Trends
Asia Pacific is witnessing rapid growth in the LTE & 5G Broadcast market due to increasing 5G deployments and mobile infrastructure advancements. The region is the fastest-growing, with a projected growth rate of 12% annually. Companies like Huawei have partnered with global telecom providers to launch 5G broadcast trials in the region, enabling high-quality mobile streaming for live events.
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• Middle East and Africa: Trends and Updation
The Middle East and Africa are experiencing growth in the LTE & 5G Broadcast market, driven by increasing investments in infrastructure and the rising demand for high-speed connectivity. Companies like Cisco have deployed 5G base stations in the region, enhancing public safety communication systems and mobile media delivery across urban centers.
• Europe: Growth and Regulatory Framework
Europe is witnessing growth in the LTE & 5G Broadcast market, with countries like Germany and France conducting 5G Broadcast trials. In May 2024, a pilot project began in the city of Halle, Germany. In France, a trial operated by TDF was initiated during the Paris 2024 Olympic Games.
► Recent Developments
In 2025, AT&T launched its 5G broadcast solution aimed at delivering 4K and AR content to mobile users with ultra-low latency.
Qualcomm developed new 5G-compatible chips, contributing to a 20% increase in network efficiency for live sports broadcasts.
Samsung introduced its 5G broadcasting device that allows for high-definition content streaming with 10ms latency, improving mobile TV services by 25%.
Huawei partnered with global telecom providers to launch 5G broadcast trials in Asia-Pacific, enabling high-quality mobile streaming for live events.
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► Market Segmentation: In-Depth Analysis:
• by Device Type
Wireless & Mobile Devices
Wired Devices
The market for LTE and 5G broadcasting is divided into wired and wireless/mobile devices. Applications for mobile and wireless devices are anticipated to have a big influence on the industry. Rising worldwide demand for infotainment products, growing commercial use of wireless audio devices, and rising OEM R&D expenditure in the creation of novel and cutting-edge wireless audio devices are the factors propelling the market. Wireless end customers benefit from LTE broadcast services in terms of Quality of Experience (QoE) when they post rich material and watch HD videos on their mobile device. Low-cost evolved Multimedia Broadcast Multicast Service (eMBMS) streams are being attempted to be enabled on operators' devices.
• by Technology
LTE
5G
• by End Use
Video on Demand
Fixed LTE Quadruple Play
e-Newspapers and e-Magazines
Last Mile CDN
Emergency Alerts
Radio
Mobile TV
Connected Cars
Others
For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/global-lte-5g-broadcast-market/95768/
► Learn about the top players driving innovation in the Market :
1. Qualcomm Technologies, Inc.
2. SAMSUNG
3. Huawei Technologies Co., Ltd.
4. Cisco
5. ZTE Corporation.
6. Telefonaktiebolaget LM Ericsson
7. Nokia
8. NEC Corporation
9. EXPWAY
10. AT&T Intellectual Property
11. Intel Corporation
12. Verizon
13. T-Mobile USA, INC
14. Keysight Technologies
15. Altair Semiconductor
16. Airspan
17. Athonet srl
18. Fortinet, Inc.
19. Mpirical Limited
20. Juniper Networks, Inc.
21. Ericsson
22. Enensys Technologies
23. Rohde Y& Schwarz
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