Global Market Size of LTE and 5G Broadcast Market – 10 Year Market Forecast

Semiconductor

LTE and 5G Broadcast Market Size Forecast 2022-2029

The market for LTE and 5G broadcasting is expected to be worth USD 896.19 billion in 2022 and USD 1651.7 billion by 2029, with a CAGR of 9%. The growing popularity of on-demand content and seamless mobile data services, as well as the growing need for massive connectivity of devices due to the evolution of IoT, are some of the major factors driving the global LTE and 5G broadcast market. According to data from the Global Mobile Services Association (GSA), the 5G network is commercially available in 61 countries, including the United States, China, the United Kingdom, Australia, and New Zealand.

Frequently Asked Questions(FAQ)

• What is Global Market Database?

• Global market database studies the ongoing trends within the market and updates the market information on a quarterly basis.
• What is LTE Broadcast?

• LTE broadcast technology enables in distributing single stream of data to all end-users connected to its network.
• What is 5G Broadcast?

• 5G broadcast gives content providers and TV broadcasters the opportunity of widening their reach to customers because the technology enables them in directly addressing mobile devices.
• Why does it say LTE instead of 5G?

• Because LTE Advanced Pro is said to be a stepping stone towards 5G.
• What is the cumulative market size of LTE and 5G Broadcast?

• USD 10124 billion is the cumulative market size of LTE and 5G Broadcast.

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