LTE and 5G Broadcast Market worth $1,072 million by 2026
iCrowd Newswire
According to the new market research report
LTE and 5G Broadcast Market with Covid-19 Impact Analysis Technology (LTE and 5G), End Use (Video on Demand, Emergency Alerts, Radio, Mobile TV, Connected Cars, Stadiums, Data Feeds & Notifications), and Region – Global Forecast to 2026 , published by MarketsandMarkets™, the global LTE and 5G Broadcast market is expected to reach USD 1,072 million by 2026 from USD 642 million in 2021, at a CAGR of 10.8% during 2021-2026 period.
The rapid growth of the global LTE and 5G broadcast market is attributed to the some of the driving factors such as increasing LTE and 5G mobile subscribers with surging penetration of smartphones, growing popularity of on-demand content and seamless mobile data services and growing need for massive connectivity of devices due to evolution of IoT.
LTE and 5G Broadcast Market with Covid-19 Impact Analysis Technology (LTE and 5G), End Use (Video on Demand, Emergency Alerts, Radio, Mobile TV, Connected Cars, Stadiums, Data Feeds & Notifications), and Region – Global Forecast to 2026 , published by MarketsandMarkets™, the global LTE and 5G Broadcast market is expected to reach USD 1,072 million by 2026 from USD 642 million in 2021, at a CAGR of 10.8% during 2021-2026 period.
The rapid growth of the global LTE and 5G broadcast market is attributed to the some of the driving factors such as increasing LTE and 5G mobile subscribers with surging penetration of smartphones, growing popularity of on-demand content and seamless mobile data services and growing need for massive connectivity of devices due to evolution of IoT.
LTE and 5G Broadcast Market worth $1,072 million by 2026 - Exclusive Report by MarketsandMarkets
LTE and 5G Broadcast Market with Covid-19 Impact Analysis Technology (LTE and 5G), End Use (Video on Demand, Emergency Alerts, Radio, Mobile TV, Connected Cars, Stadiums, Data Feeds & Notifications), and Region - Global Forecast to 2026 , published by MarketsandMarkets, the global LTE and 5G Broadcast market is expected to reach USD 1,072 million by 2026 from USD 642 million in 2021, at a CAGR of 10.8% during 2021-2026 period.
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The rapid growth of the global LTE and 5G broadcast market is attributed to the some of the driving factors such as increasing LTE and 5G mobile subscribers with surging penetration of smartphones, growing popularity of on-demand content and seamless mobile data services and growing need for massive connectivity of devices due to evolution of IoT.
5G Enterprise Market by Network Type (Hybrid Network, Private Network), Operator Model, Infrastructure, Spectrum, Frequency Band, Organization Size, Application, Vertical, Region - Global Forecast to 2027 , published by MarketsandMarkets™, the market is expected to grow from USD 2.1 billion in 2021 to USD 10.9 billion by 2027, at a CAGR of 31.8%. A few major factors driving the growth of this market are the emergence of Industry 4.0 paving the way for mMTC, the development of smart infrastructure, and the delivery of differentiated 5G services using network slicing technique. The critical challenge faced by the market players is the requirement of the high spending capability of carriers to set up a 5G infrastructure. Similarly, the adoption of Wi-Fi communication technology by enterprises and security concerns in the 5G core network are the major factors hindering the market growth. Low latency connectivity with uRLLC and increasing demand for private networks from various ent
5G Enterprise Market worth $10.9 billion by 2027 - Exclusive Report by MarketsandMarkets
5G Enterprise Market by Network Type (Hybrid Network, Private Network), Operator Model, Infrastructure, Spectrum, Frequency Band, Organization Size, Application, Vertical, Region - Global Forecast to 2027 , published by MarketsandMarkets, the market is expected to grow from USD 2.1 billion in 2021 to USD 10.9 billion by 2027, at a CAGR of 31.8%. A few major factors driving the growth of this market are the emergence of Industry 4.0 paving the way for mMTC, the development of smart infrastructure, and the delivery of differentiated 5G services using network slicing technique. The critical challenge faced by the market players is the requirement of the high spending capability of carriers to set up a 5G infrastructure. Similarly, the adoption of Wi-Fi communication technology by enterprises and security concerns in the 5G core network are the major factors hindering the market growth. Low laten