Global Long Term Evolution (LTE) And 5G Broadcast Industry Outlook 2025-2029: Market Set to Cross $1.61 Billion Milestone

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Long Term Evolution (LTE) And 5G Broadcast Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the long term evolution (lte) and 5g broadcast market has seen significant growth. The market size is expected to increase from $0.94 billion in 2024 to $1.05 billion in 2025, at a compound annual growth rate (CAGR) of 12.0%. This surge during the historical period can be traced back to the increasing demand for swift internet connectivity, expanded usage of the internet of things (IoT), heightened consumer interest in high-quality content, and the growing application of multimedia services in developing economies.

Long Term Evolution (LTE) And 5G Broadcast Market Size Forecast: What's the Projected Valuation by 2029?
The market size of long term evolution (LTE) and 5G broadcast is expected to exhibit significant expansion in the coming years, with the value reaching $1.61 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.3%. The anticipated surge during the forecast period is largely due to the widespread adoption of smartphones, the advantages of LTE & 5G broadcast infrastructure, and advancements in narrow-band IoT (NB-IoT) within 3gpp. The forecast period is also set to showcase major trends such as rapid technological progression, digital innovation, improvements in broadband speed and strategic collaboration efforts.

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What Are the Drivers Transforming the Long Term Evolution (LTE) And 5G Broadcast Market?
The surge in the prevalence of smartphones is expected to fuel the expansion of the long-term evolution (LTE) and 5G broadcast market. Smartphones are compact electronic gadgets that combine the features of a conventional mobile phone and a computer. The rise in smartphone use is due to factors like internet connectivity, digital platforms, and the abilities of the mobile workforce. LTE delivers enhanced coverage and dependability over 3G, and 5G further enhances this by employing an array of spectrum bands capable of encompassing larger regions and penetrating buildings more efficiently. This improved reliability and coverage make smartphones more useful in a wider range of places, promoting increased uptake rates in rural and undeveloped areas. For example, a report from Cybercrew, a UK-based cybersecurity solutions provider, stated in March 2023 that the percentage of UK homes using smartphones had reached 91.43% in 2021, and predicted this figure to rise to 93.8% by 2026. Consequently, the rising prevalence of smartphones is driving the LTE and 5G Broadcast market.

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What Long-Term Trends Will Define the Future of the Long Term Evolution (LTE) And 5G Broadcast Market?
Leading companies in the long-term evolution (LTE) and 5G broadcast industry are creating technologies such as the 5G Fixed Wireless Access (FWA) platform for a competitive market advantage. The 5G Fixed Wireless Access (FWA) platform, a technology that enables broad and rapid internet access using 5G wireless networks, is being applied in homes, businesses and various other locations. For example, in July 2024, the Japan-based mobile operator, NTT Docomo, Inc., introduced their 5G New Radio-Dual Connectivity (NR-DC) service which delivers download speeds up to 6.6 Gbps, regarded as one of the fastest in Japan, by incorporating both Sub-6 and millimeter-wave frequency bands. The NR-DC technology boosts overall network performance and enhances user experience by allowing simultaneous transmission and reception across many frequencies, achieved by connecting two 5G base stations.

Which Segments in the Long Term Evolution (LTE) And 5G Broadcast Market Offer the Most Profit Potential?
The long term evolution (lte) and 5g broadcastmarket 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

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Which Firms Dominate the Long Term Evolution (LTE) And 5G Broadcast Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in 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.

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