Market Overview
Market Research Future (MRFR) announces the publication of its
half-cooked research report—Global LTE and 5G Broadcast Market, 2021–2027.
According to Market Research Future, the global LTE and 5G broadcast
market has been segmented based on technology, end-use, and region/country.
The global LTE & 5G
broadcast market size is expected to register an steady CAGR of 12.3% and is
expected to reach USD 1,058 million by 2027. The term ‘broadcasting’ refers to
distribution of same content to multiple users simultaneously over a network.
For instance, say LTE broadcast technology that enables distribute single
stream of data to all the end-users connected to its network. 3GPP (or 3rd Generation
Partnership Project [3GPP]) has developed a number of protocols for mobile
communications among one of them is evolved Multimedia Broadcast Multicast
Service (eMBMS) standard for video broadcast over the mobile networks.
5G or Fifth Generation of
wireless standard that enables connecting everything everywhere, catering to
the ever rising demand for rapid digitization and faster data transmission. 5G
enables connect car, home, office, and communicate across the city with upto
100 times faster data transmission speeds when compared to its predecessor- 4G,
which was meant for mobile broadband services. Additionally, the 5G wireless
technology is expected to support over a million devices in an area of 1 sq.
km. much higher than 4G. With the evolution of this technology, broadcasting
was one of the earliest identified end-use application of 5G. 5G is expected to
generate new streams of revenue such as new broadcast and multicast
capabilities.
The global LTE and 5G broadcast market has been segmented based on
technology, end-use, and region.
By technology, the global LTE & 5G broadcast market has been divided
into LTE broadcast and 5G broadcast. LTE broadcast technology is based on the
3GPP or also called as evolved Multimedia Broadcast Multicast Service (eMBMS)
standard (a global standard for video broadcast over a mobile network). A
specified spectrum is allocated to broadcast operators to cast specific content
delivering mission critical communication, device updates, music/audio
broadcasting, public safety information, and other applications. On the other
hand, 5G broadcast promises to cater new broadcast and multicast abilities such
as in-moving car experience through media & entertainment, OTA updates,
navigation, live streaming of commerce & online learning content, and so
on.
By end-use, the global LTE & 5G broadcast market has been divided
into video on-demand [VOD], mobile TV, connected cars, emergency alerts,
stadiums, e-newspapers & e-magazines, fixed LTE quadruple play, last mile
content delivery network (CDN), radio, data feeds & notifications, and
others. LTE & 5G broadcasting applications for instance emergency alerts in
case of earthquake early warning system that enables authorities to reach many
people within a short span of seconds or minutes once message is broadcasted.
The global LTE and 5G broadcast market has been analyzed for five
regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and
South America.
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Regional Analysis
By region, the global LTE and 5G broadcast market has been segmented
into North America, Europe, Asia-Pacific, the Middle East & Africa, and
South America. North America is expected to be the dominating region in terms
of the adoption of LTE & 5G broadcast technology owing to the heavy
investments across the end-use applications including Video on Demand, Mobile
TV, Stadiums, Radio, Emergency Alerts, and so on. For instance, ENENSYS
Technologies (France) has partnered with Edge Networks to provide innovative
hybrid over-the-air NEXTGEN TV services in the region. North American market
has been segmented into the US, Canada, and Mexico. The US is expected to lead
the country-level market, while Canada is projected to be the fastest-growing
segment during the forecast period. The US market is expected to report the
highest market share, owing to the leading market position in terms of 5G
broadcast networks deployed for various end-uses especially data feeds &
notifications, connected cars, mobile TV, emergency alerts, stadiums, radio,
among others.
Key Players
The key players in the
global LTE and 5G broadcast market are 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), SPINNER GmbH
(Germany), Sierra Wireless (Canada), and Rohde & Schwarz (US).
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