LTE and 5G Broadcast Market

Market Leader - LTE and 5G Broadcast Market

The LTE and 5G broadcast market is estimated to be worth USD 642 million in 2021 and projected to reach USD 1,072 million by 2026, at a CAGR of 10.8%. The 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 are some of the prominent factors for the growth of the LTE and 5G broadcast market globally.

Qualcomm (US), Verizon (US), KT Corporation (South Korea), MediaTek (Taiwan), Telstra (Australia), and Sequans Communication (France) are some of the major companies across the globe in the LTE and 5G broadcast market. The companies in the LTE and 5G broadcast market have adopted various strategies in such as partnerships, collaborations and acquisitions to grow in the LTE and 5G broadcast market. The organic and inorganic strategies has helped the players in the market to expand themselves globally with innovative offering in the LTE and 5G broadcast market.

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QUALCOMM (US) was founded in 1985 and is headquartered in California, US. The company was reincorporated in 1991 in Delaware, US. It is one of the key players in the global semiconductor industry and is involved in designing and marketing wireless telecommunication products and services. Qualcomm is a global leader in the development and commercialization of foundational technologies for the wireless industry. Its technologies and products are used in mobile devices and other wireless products such as network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices. The company operates through three reportable business segments—Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). QCT deals with the development and supply of CDMA, OFDMA, and other technology-related ICs, as well as system software for applications in networking, voice and data communication, multimedia, application processing, and GPS products. QTL engages in granting intellectual property rights and licenses. These rights are important in the manufacture and sale of wireless products, such as CDMA 2000, CDMA TDD, WCDMA, and LTE, as well as their derivatives. QSI makes strategic investments that are focused on expanding opportunities for the company’s technologies. To support the LTE and 5G broadcast service, vendors are developing advanced chipsets. The chipset ecosystem is evolving, and device manufacturers have a choice of using chipsets offering eMBMS support. Chipset vendors are coming up with LTE broadcast capable chipsets and modules, which is leading to the expansion of the device’s ecosystem. For instance, in February 2019, Qualcomm released Snapdragon 850 mobile platform.

Telstra (Australia) offers telecommunications and information services to businesses, governments, communities, and individuals in Australia and internationally. In Australia, the company provides 17.7 million retail mobile services, 4.9 million retail fixed voice services, and 3.6 million retail fixed broadband services. The company has a global presence spanning over 20 countries.

In March 2018, Telstra carried out its announced plans to launch eMBMS for the streaming of the Australian Football League (AFL) on the AFL Live Official app. In July 2018, the company announced that it had turned on LTE-Broadcast (LTE-B) technology nationally in its mobile network, with customers using Samsung Galaxy S8 and Galaxy S9 devices benefitting from more reliable high-definition streaming using the AFL Live Official app.

KT (South Korea) offers telecommunications services in Korea and globally. It has 11 overseas branches, 4 overseas offices, and 10 project offices. As of 2017, the total number of users of KT services, including wired/wireless and broadband internet services, amounted to 51.86 million. The company offers local, domestic long-distance, and international long-distance fixed-line and voice over Internet protocol fixed-line telephone services. Additionally, the company also offers data communication services such as leased line and broadband Internet connection services.

In January 2014, the company launched the worlds first commercial LTE Broadcast service and delivered the mobile TV content to Samsung Galaxy Note 3 users. In July 2017, the company unveiled the Skylife long-term evolution (LTE) TV (SLT) service, a hybrid media service that receives TV signals using LTE networks and a satellite communications system. SLT receives real-time broadcasting signal by switching between satellite feeding and LTE network, and provides seamless TV broadcasting and viewing even in a tunnel and heavy rain.

Verizon (US), founded in April 2000 and headquartered in Basking Ridge, New Jersey, US, Verizon provides wireless voice and data services across wireless networks in the US. It operates 3G wireless broadband networks and fourth-generation long-term evolution technology (4G LTE) networks. As of the first quarter of 2018, the company had ~151.48 million subscribers. The major competitors of the company in the field of voice-over LTE are KT (South Korea), LG Uplus (South Korea), AT&T (US), and SK Telecom (South Korea), among others.

Sequans Communications (France) is a leading developer and provider of 5G and 4G chips and modules for massive, broadband, and critical IoT. For 5G/4G massive IoT applications, Sequans provides a comprehensive portfolio of products and solutions based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband and critical IoT applications, Sequans offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Sequans is based in Paris, France, with additional offices in the US, UK, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China.

MediaTek (Taiwan) is one of the largest fabless semiconductor companies that powers more than 1.5 billion devices a year. The company is engaged in providing chipset technology for smart TVs, voice assistant devices (VAD), Android tablets, feature phones, and optical and Blu-ray DVD players. MediaTek’s core business segments include Mobile, Home, and Automotive. The chips and technologies provided by the company are used in 20% of homes globally.

Related Reports:

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

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LTE and 5G Broadcast Market Size,  Share & Growth Report
Report Code
SE 7124
RI Published ON
4/21/2021
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