Video On Demand End-User Industry to Lead United States LTE and 5G Broadcast Market Through 2025

The increase in LTE mobile subscribers and growing need for minimizing network capacity congestion to propel the growth of United States LTE and 5G broadcast market

According to TechSci Research report, “United States LTE and 5G Broadcast Market By Technology, By End-Use, Competition, Forecast & Opportunities, 2025” the United States LTE and 5G broadcast market is anticipated to grow at a brisk CAGR through 2025 on account of implementation of LTE in public sectors like for public safety as well as in security and defence. Such applications need high-speed communication during an emergency, that’s why LTE is the best-suited network for this situation. In addition, change in customer preferences coupled with rising demand for high-speed mobile broadband is expected to fuel the growth of United States LTE and 5G broadcast market in the coming years. Moreover, the market is expected to witness high traction in the next 5 years owing to high-end technological development to provide the improved internet speeds. However, the reluctance in transiting from the legacy infrastructure is expected to hamper the growth of United States LTE and 5G broadcast market during the forecast period.

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The United States LTE and 5G broadcast market is segmented based on technology, end-use, region and company. In terms of End-Use, the market can be segmented into video on demand (VOD), mobile TV, connected cars, emergency alerts, stadiums, e-newspapers & e- magazines, radio and data feed & notifications. Among them, video on demand end-user is expected to dominate the US LTE and 5G broadcast market in the years to come, which can be attributed to its multiple applications such as emergency alerts, digital signage, content delivery to automobile screens, displays in stadiums and others. Moreover, the growing number of mobile subscribers is in turn leading to increase in video on demand for popular content like headline news and sports championships, which is further boosting the growth of this segment through 2025.

Netgear, T- Mobile, Cisco, AT&T, Verizon Wireless, Qualcomm, Intel and Samsung Electronics America Inc and others are some of the leading players operating in United States LTE and 5G broadcast market.

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“The US LTE and 5G broadcast market is projected to grow rapidly during the forecast period owing to smartphones penetration and rise in demand for seamless mobile data services. Moreover, increasing requirement for minimizing network capacity congestion is anticipated to give a healthy push to the growth of the LTE and 5G broadcast market in the country during the next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“United States LTE and 5G Broadcast Market By Technology, By End-Use, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States LTE and 5G broadcast market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States LTE and 5G broadcast market.

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