The LTE and 5G broadcast market size is predicted to expand at a robust 9.7% CAGR during the forecast period. The LTE and 5G broadcast market global analysis indicates that the revenue stands at USD 839.9 million in 2024 and is projected to surpass USD 2,119.9 million by 2034.
The increase in high-quality video traffic is attributed to the shift in consumer interest toward streaming platforms such as Netflix, YouTube, Disney+, and others. As more people stream High Definition, Ultra High Definition, and 4K content, they expect smooth and high-definition resolution experiences. With intense competition especially during peak times, the use of traditional broadcast techniques may not be effective in delivering this quality to the many.
LTE and 5G broadcast technologies can offer enough bandwidth and low latency that are necessary for transmitting high-quality video streams and delivering uninterrupted video streams to the viewers. This capability is important in customer retention and increasing user satisfaction. Hence, service providers are spending more on these sophisticated broadcasting techniques and helping the industry prosper.
LTE and 5G Broadcast Market Future Forecast
| Attributes | Description |
|---|---|
| Estimated Global LTE and 5G Broadcast Market Size (2024E) | USD 839.9 million |
| Projected Global LTE and 5G Broadcast Market Size (2034F) | USD 2,119.9 million |
| Value-based CAGR (2024 to 2034) | 9.7% |
Governments and private sector players are investing a lot of money in deploying 5G networks. These investments are helping to build out 5G networks, which will be central to the adoption of 5G broadcast solutions. Compared to the prior generations, the new 5G networks provide much higher data rates, narrower latency, and larger capacity beneficial for the contemporary broadcasting industry.
With the growing accessibility of 5G networks, the potential benefits of 5G broadcasting can be realized to offer better services and experiences. This trend is pushing the market forward as more regions are getting access to 5G, allowing them to use better broadcast techniques.
LTE and 5G broadcast technologies are helping operators and content generators find new opportunities for revenue generation. For example, the possibilities of targeted advertisement with innovative systems of broadcast, fee-based programming, and pay television, as well as pay-per-view programs, have become rather more realistic.
In greater detail, targeted advertising serves as a form of customizing advertisements that are then delivered to users, thus making marketing campaigns more effective. For additional revenue, free services and occasional fee services that are watched on a pay-per-view basis open new opportunities to deliver several special services to a subscriber.
These new business models bring in more investment and fuel market expansion, as service providers look to leverage the capabilities of LTE and 5G broadcasts to add more services or offer additional revenue streams.
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This table presents a numerical comparison of the LTE and 5G broadcast market growth and trends. For a thorough analysis of the industry’s anticipated growth, the CAGR has been analyzed in semi-annual intervals. This includes a comparison of the historical analysis period of 2023 to 2033 and the forecast period of 2024 to 2034.
| Particular | Value CAGR |
|---|---|
| H1 | 10% (2023 to 2033) |
| H2 | 8% (2023 to 2033) |
| H1 | 10.5% (2024 to 2034) |
| H2 | 8.6% (2024 to 2034) |
Industry’s expansion surged at a CAGR of 10% in the first half (H1) of the 2023 and 2033 period and then declined to 8% in the second half (H2) of the same period. Throughout the projection period, which runs from H1 2024 to H2 2034, the CAGR is forecasted to initially surge to 10.5% before finally lowering down to 8.6% in the second half.
Growth of Cloud Gaming Drives Demand in the Industry
Cloud gaming is reshaping the gaming industry as it offers users the opportunity to stream and play the game without owning the hardware. This model relies on fast and efficient networks since games are rendered on servers elsewhere and streamed to users’ devices. As stated above, LTE and 5G broadcast technologies offer the needed internet connectivity, characterized by high bandwidth, and low latency that is essential to cloud gaming.
The increasing interest in cloud gaming spearheaded by cloud gaming giants like Google Stadia, Microsoft xCloud, and NVIDIA GeForce Now will create demands for better broadcast solutions. This trend is proving to be a massive boost in the LTE and 5G broadcast market as the service providers put their money into infrastructure to meet cloud gaming’s needs.
Expansion of Smart Healthcare Boosts Adoption in the Industry
Telemedicine, remote health monitoring, and connected medical devices are emerging as game-changers in the healthcare industry to enhance patient care and facilities. These applications need dependable and fast access networks to deliver health information and ensure effective patient-physician interactions.
LTE and 5G broadcast technologies are instrumental in these smart healthcare solutions as they offer the right platform for transmitting information effectively and securely.
For instance, remote patient monitoring systems can send and receive patient health data to or from the healthcare provider over time, thereby cutting down on hospital visits. The increased utilization of eHealth services coupled with the demand for enhanced healthcare delivery is fueling the LTE and 5G broadcast systems in the healthcare sector.
Development of Autonomous Vehicle Creates Sustained Demand in the Industry
Self-driving cars depend greatly on communication networks for vehicle-to-everything (V2X) communication. V2X is the bidirectional exchange of data between vehicles, infrastructure, and other road users in real-time and is crucial for the safe functioning of autonomous vehicles.
The live interaction is achieved through LTE and 5G broadcast technologies which grants high speed and low delay. These technologies are used in different levels of autonomous driving including collision avoidance, traffic control, and remote vehicle control. With the automotive industry integrating its cars with autonomous driving features, the need for efficient broadcasting will continue to fuel the LTE and 5G broadcast market growth.
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The growth rate of the LTE and 5G broadcast industry was recorded at 7.6% between 2019 and 2023. The industry generated revenue amounting to USD 575.3 million in 2019 and surpassed USD 770.7 million by 2023. The availability of smartphones and the use of mobile internet has surged in recent years, thereby augmenting mobile video streaming.
Viewers have shifted to watching videos through their mobile devices, meaning broadcasting solutions need to effectively accommodate large volumes of users without any reduction in quality. The integration of smart technologies in industries including health care, farming, and automotive created the need for sound and efficient communication technologies. Such novelties are based on LTE and 5G broadcast technologies that have aided in the growth of the market.
The gaming industry, which is marked by the advent of cloud gaming and e-sports, is contingent upon fast and efficient networks. LTE and 5G broadcasting technologies support these applications, contributing to their increased demand.
Significant breakthroughs in LTE and 5G broadcasts have especially enhanced the quality of service, and thus made streaming even easier by offering a smoother quality. These couple of advances have led to user acceptance and satisfaction, which fuel the market growth.
The future of the industry seems bright at a 9.7% CAGR till 2034. Smart home and smart city solutions will become more widespread, and it will be necessary to develop effective broadcasting interfaces for managing numerous connected devices. These applications will be supported by LTE and 5G broadcasts, making urban life and home automation better.
As industries continue to implement IoT, there will be a growing demand for reliable and efficient communication systems. LTE and 5G broadcast will be very instrumental in meeting the needs of billions of IoT devices when it comes to data communication and interconnection in smart cities, industrial automation, and other applications.
Tier 1 companies include the top leaders in the LTE and 5G broadcast market, capturing around 60% to 65% of global industry shares. Qualcomm, Huawei, Ericsson, Nokia, Samsung, Intel, Cisco, ZTE, Apple, and Google come under this tier. These businesses focus on forming strategic partnerships with other industry leaders, governments, and institutions. They leverage strong brand recognition and established customer bases.
Tier 2 companies include the mid-level participants, capturing around 20% to 25% of the global industry shares. MediaTek, NXP Semiconductors, Broadcom, Keysight Technologies, Skyworks Solutions, Qorvo, Fujitsu, NEC, AT&T, and Verizon fall under this category. These businesses focus on delivering high-quality, cost-effective solutions that meet specific industry needs.
The Tier 3 and 4 companies include the emerging and the lower tier companies, acquiring around 10% to 15% of the global industry shares. InterDigital, Casa Systems, CommScope, Syniverse, Ciena, ADVA Optical Networking, Mavenir, Sequans Communications, Sierra Wireless, and Ceragon Networks come under this list. These businesses thrive by forming alliances and partnerships with larger companies to gain market access and credibility.
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This section gives insights into the LT and 5G broadcast market global forecast in top countries and the regional growth patterns. Information on regions like North America, Europe, Asia Pacific, and others has been granulated, focusing on the top countries.
Poland is expected to be at the forefront, expanding at a 10.5% CAGR until 2034. India follows next, expanding at a 10.4% CAGR until 2034. Lastly, Australia and New Zealand are also on the list, expanding at a 9.8% CAGR until 2034. The data indicates that the industry is likely to make significant progress in almost all regions in the coming years.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| Poland | 10.5% |
| India | 10.4% |
| Australia and New Zealand | 9.8% |
The LTE and 5G broadcast market growth in Poland is estimated at a 10.5% CAGR till 2034. Legal parameters in Poland remain favorable owing to the Polish government’s assertiveness in assigning and selling spectrum bands for 5G. Well-defined policies and proper spectrum distribution have led to faster deployment of 5G networks, thereby boosting the market.
Poland has been registering remarkable economic growth and rising per capita income making the communication consumer demand advanced telecommunications services. The increase in the per capita income for middle-income earners is fueling the need for quality content and connectivity. Consequently, it increases the growth of the market in the country.
The LTE and 5G broadcast market growth in India is predicted at a 10.4% CAGR till 2034. Digital India is the flagship program of the Indian government which envisions empowering India with the use of technology and promoting the digital economy.
This government-led program comprises projects that address the development of digital networks, support broadband access, and increase digital skills-all of which are prerequisites for LTE and 5G adoption.
India has a young populace with a large proportion of the population belonging to the millennials and Generation Z who are inclined to experiment with emerging technologies. This demographic shift in favor of digital experiences and mobile connectivity is driving the need for further evolution of LTE and 5G.
The LTE and 5G broadcast market growth in Australia and New Zealand is projected at a 9.8% CAGR till 2034. The two countries are currently engaging in the process of digitalization in different sectors such as healthcare, agriculture, education, and logistics. It is quite evident that the implementation of IoT, AI, and, automation-related technologies into such industries calls for the support of LTE and 5G connection.
Sydney, Melbourne, Auckland, and Wellington are some of the significant locations where the start-up culture and innovative environment prevail. These hubs are involved in developing new technologies in telecom services, IoT, smart cities, and digital content delivery where broadcasting plays a crucial role.
This section takes a closer look at the LTE and 5G broadcast market segmentation by technology and end-use. Based on technology, the LTE broadcast technology is leading with 59.6% of the global industry shares captured in 2024. Based on end use, the video on demand segment is leading with 12.8% of the global industry shares garnered in 2024.
| Segment | LTE (Technology) |
|---|---|
| Value Share (2024) | 59.6% |
LTE networks have low latency which means that there is a shorter time between data being sent and received. This is important for applications that require immediate and rapid feedback such as video conferencing, online gaming, and IoT gadgets. It is suitable for a broad variety of business and industrial usage, including enterprise networking, the Internet of Things, and critical communications.
Today, LTE is being used by hospitals, transportation systems, manufacturing plants, and agriculture production facilities for connectivity. Healthcare, transportation, manufacturing, and agriculture industries depend on LTE connectivity for efficient and secure networks.
| Segment | Video on Demand (End Use) |
|---|---|
| Value Share (2024) | 12.8% |
The fact that more and more people use their smartphones and tablets as their primary devices, characterized by larger screens and improved display technologies, contributes to the popularity of mobile video on demand content. LTE and 5G improve the possibility of streaming high-quality videos on a mobile device and satisfy the popular need for mobile entertainment.
Through LTE and 5G, video on demand platforms can expand to other countries and provide localized content to their target demographic. This expansion strategy relies on high-speed networks to bring localized content in various languages to subscribers to build the subscriber base and consequently increase revenues.
The LTE and 5G broadcast market has fierce competitors, including Qualcomm, Ericsson, Nokia, Huawei, Samsung Electronics, and network operators such as Verizon and AT&T. These companies intensely compete in areas of network deployment, spectrum purchase, and technology advancement to increase market coverage, optimize the quality of services delivered, and through customer segment exclusivity and extras in the value chain.
Industry Updates
The industry bifurcates into LTE and 5G.
The industry is classified into video on demand, fixed LTE quadruple play, e-newspapers and e-Magazines, last mile CDN, emergency alerts, radio, mobile TV, connected cars, stadiums, data feeds and notifications, and others.
Analysis of the industry has been conducted in the countries of North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa (MEA).
Industry is set to reach USD 839.9 million by 2024.
The industry is expected to reach USD 2,119.9 million by 2034.
Industry is set to report a CAGR of 9.7% from 2024 to 2034.
LTE leads the industry, with 59.6% of shares captured in 2024.
The demand in Poland is expected to advance at a CAGR of 10.5% through 2034.
1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
5.1. Technology
5.2. End Use
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Technology
6.1. LTE Broadcast
6.2. 5G Broadcast
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
7.1. Video on Demand
7.2. Fixed LTE Quadruple Play
7.3. e-Newspapers and e-Magazines
7.4. Last Mile CDN
7.5. Emergency Alerts
7.6. Radio
7.7. Mobile TV
7.8. Connected Cars
7.9. Stadiums
7.10. Data Feeds and & Notifications
7.11. Other End Uses
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. North America
8.2. Latin America
8.3. Western Europe
8.4. South Asia and Pacific
8.5. East Asia
8.6. Middle East and Africa
9. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
10. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
11. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
12. South Asia and Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. Sales Forecast 2024 to 2034 by Technology and End Use for 30 Countries
16. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
17. Company Profile
17.1. Qualcomm Technologies
17.2. Samsung Electronics
17.3. Huawei
17.4. Cisco
17.5. Ericsson
17.6. ZTE
17.7. Nokia
17.8. NEC
17.9. Enensys Technologies
17.10. Rohde Y & Schwarz
17.11. EXPWAY
17.12. AT&T Intellectual Property
17.13. Intel Corporation
17.14. Verizon
17.15. T-Mobile USA, INC.
17.16. Keysight Technologies
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LTE and 5G Broadcast Market
