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The global LTE and 5G broadcast market size is expected to reach USD 1,064.91 million by 2027, according to the study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.
Long-Term Evolution (LTE) refers to a key standard that is being used for high-speed wireless communication through the data terminals and mobile devices such as smart phones, tablets, Kindle, etc. LTE offers internet services based on Global System for Mobile Communications (GSM), Universal Mobile Telecommunications System (UMTS), Enhanced Data rates for GSM Evolution (EDGE), and High Speed Packet Access (HSPA) technologies. LTE boosts the speed and capacity by deploying a varied radio interface along with the improvements of the core network.
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