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The global LTE and 5G broadcast market is expected to reach USD 807 million by 2024 from USD 464 million in 2019 at a CAGR of 11.7% during 2019-2024NEW YORK, June 6, 2019 /PRNewswire/ -- LTE and 5G Broadcast market to grow at a CAGR of 11.7% from 2019 to 2024 LTE and 5G Broadcast market in APAC to grow at highest CAGR during forecast period. Asia Pacific (APAC) is a strong driving force behind the global rise in LTE subscriptions.It accounts for two-thirds of all LTE subscriptions worldwide. According to operators in APAC, the manufacturing sector offers the most revenue potential for 5G.In APAC, China is a major contributor to LTE subscriptions. Also, in 5G network, it is amongst the fastest-growing countries in APAC.China has already started its testing of 5G in around 100 cities. In terms of LTE or 5G broadcasting, South Korea is amongst the fastest growing countries. Also in terms of telecom services, India has emerged as a technically strong and fast-growing economy. Indian telecom giant Reliance Jio Infocomm (Jio) has built one of the largest mobile networks in the world in India. The main focus of Jio was customer-centric pricing, which led it to gain the largest share of LTE users in India. Jio has had an immediate impact on the Indian LTE market. Break-up of the profiles of primary participants is as follows: • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20% • By Designation: Directors – 50%, Manager-25%, Vice President- 20% and Others – 5% • By Region: North America – 40%, Europe – 35%, APAC – 15%, and RoW – 10% KT (South Korea), Verizon Wireless (US), China Unicom (China), Telstra (Australia), Reliance (Jio) (India), Qualcomm (US), Samsung Electronics (South Korea), Huawei (China), Cisco (US), ZTE (China), Ericsson (Sweden), Nokia (Finland), NEC (Japan), Enynsys Technologies (France), Expway (France), Athonet (Italy), AT&T (US), Telstra (Australia), Intel (US), KDDI (Japan), SK Telecom (South Korea), T- Mobile (US), and Netgear (US) are some of the major players in the LTE and 5G Broadcast market. Research Coverage: This report analyzes the additional revenue potential for telecom service providers on the introduction of LTE and 5G Broadcast services bases on number of additional subscribers.This research report segments the LTE and 5G broadcast market based on offering, monitoring process, deployment, industry, and geography. The report discusses major drivers, restraints, challenges, and opportunities pertaining to the LTE and 5G broadcast market and also includes value chain analysis of this industry. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Key Benefits of Buying the Report The report would help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall LTE and 5G broadcast market and the subsegments.It is also likely to help stakeholders understand the competitive landscape and gain more insights to better position their businesses as well as to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. Read the full report: https://www.reportlinker.com/p05780288/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 SOURCE Reportlinker |