LTE & 5G Broadcast

LTE & 5G Broadcast

Global LTE & 5G Broadcast Market to Reach $1.4 Billion by 2027

In the changed post COVID-19 business landscape, the global market for LTE & 5G Broadcast estimated at US$687.3 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at aCAGR of 10.5% over the period 2020-2027. 5G, one of the segments analyzed in the report, is projected to record 19.5% CAGR and reach US$672.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the LTE segment is readjusted to a revised 5.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $204.7 Million, While China is Forecast to Grow at 8.9% CAGR

The LTE & 5G Broadcast market in the U.S. is estimated at US$204.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$224.1 Million by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.9% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

Select Competitors (Total 33 Featured) -

• AT&T Inc.
• China Unicom (Hong Kong) Limited
• Enensys Technologies SA
• Huawei Technologies Co. Ltd.
• KDDI Corporation
• KT Corporation
• Reliance Jio Infocomm Limited
• SK Telecom Co. Ltd.
• Telstra Corporation
• Verizon Wireless
• ZTE Corporation

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