LTE Advanced and 5G Market, Global Outlook and Forecast 2023-2030
LTE (long term evolution) advanced is a mobile communication standard and a key enhancement in long term evolution. Current LTE technology offers internet speed of up to 150Mbps (mega-bytes per second), whereas LTE advanced is capable of offering internet speed of 300 Mbps. 5G is a 5th generation wireless system which denotes the advanced phase of mobile telecommunication standards, ahead of the current IMT (international mobile telecommunications) advanced or 4G standards. 5G can offer internet speed between 10 Gbps (giga-bytes per second) to 100 Gbps. In addition, 5G provides ultra low latency range between 1ms and 10ms, while 4G technology can offer low latency range between 40ms and 60ms. With ultra low latency range end-users can watch live stream of sports matches over internet. Rising demand for high internet speed to get real time response is one of the major factors driving the development of latest technologies such as LTE advanced and 5G.
This report aims to provide a comprehensive presentation of the global market for LTE Advanced and 5G, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LTE Advanced and 5G. This report contains market size and forecasts of LTE Advanced and 5G in global, including the following market information:
Global LTE Advanced and 5G Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global LTE Advanced and 5G market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increasing demand for more advanced smart-phones, tablets and Others mobile devices is expected to create demand for technologies that can provide high internet speed, which is, in turn, expected to drive the growth of LTE advanced and 5G market.
We surveyed the LTE Advanced and 5G companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LTE Advanced and 5G Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global LTE Advanced and 5G Market Segment Percentages, by Type, 2022 (%)
RAT (Radio Access Technologies)
HSPA (High Speed Package Access)
GSM (Global System For Mobile)
WiMAX (Worldwide Interoperability For Microwave Access)
Wi-Fi
Global LTE Advanced and 5G Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global LTE Advanced and 5G Market Segment Percentages, by Application, 2022 (%)
Government and Utilities
Healthcare Sector
Commercial
Residential
Industrial
Defense and Military
Others
Global LTE Advanced and 5G Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global LTE Advanced and 5G Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LTE Advanced and 5G revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies LTE Advanced and 5G revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Alcatel-Lucent
AT&T
Ericsson
SK Telecom
NTT Docomo
Verizon Communications
Qualcomm
Nokia Networks
Samsung Group
Deutsche Telecom
Telefonica S.A
Huawei Technologies
Outline of Major Chapters:
Chapter 1: Introduces the definition of LTE Advanced and 5G, market overview.
Chapter 2: Global LTE Advanced and 5G market size in revenue.
Chapter 3: Detailed analysis of LTE Advanced and 5G company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of LTE Advanced and 5G in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
