The 4G/LTE and 5G broadcast market's value is set to increase by 73% by 2024

Some 4G/LTE broadcast equipment. (Source: Broadcast Rental)
Some 4G/LTE broadcast equipment. (Source: Broadcast Rental)
Broadcasts over 4G/LTE are common these days. The technology behind them is used for TV feeds, on-demand video, notifications and data-feeds. Their market will soon also be augmented by 5G analogs, which could push its value to about US$800 million over the next 5 years.
Deirdre O Donnell,

4G/LTE is already sufficiently powerful in terms of data-transfer speeds and volume to sustain entire TV-grade broadcasts. This technology is enabled by the evolved multimedia broadcast multicast service (eMBMS) standard devised by the 3rd Generation Partnership Project (3GPP). However, the same body has also developed its next generation, Further Enhanced Multimedia Broadcast Multicast Service (FeMBMS), which applies to 5G and what it may be able to bring to broadcasting.

ReseachandMarkets now estimates that this potential could cause the value of the current 4G/LTE broadcast market to grow from its current valuation of US$464 million to $807 million over the next 5 years. Then again, some attempts at 5G-broadcasting have produced results that could be called inconsistent at best. However, these examples are associated with the infancy of these new bands' use and uptake; future similar applications may see vast improvements in the future.

4G (and 5G) broadcast standards are useful in everyday services such as video on demand (VOD); mobile TV; digital radio; data-feeds, and even notifications. However, it can also be applied to e-publications, emergency broadcasts, and stadium video and feeds. ReseachandMarkets also projects that the transition to 5G will result in "limitless media consumption" in the future. However, ultimately, only time and the real-world success of the new standard will tell if these predictions prove accurate.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2019 06 > The 4G/LTE and 5G broadcast market's value is set to increase by 73% by 2024
Deirdre O Donnell, 2019-06- 7 (Update: 2019-06- 7)
Deirdre O'Donnell
I became a professional writer and editor shortly after graduation. My degrees are in biomedical sciences; however, they led to some experience in the biotech area, which convinced me of its potential to revolutionize our health, environment and lives in general. This developed into an all-consuming interest in more aspects of tech over time: I can never write enough on the latest electronics, gadgets and innovations. My other interests include imaging, astronomy, and streaming all the things. Oh, and coffee.