Report overview
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 contains market size and forecasts of LTE Advanced and 5G in Global, including the following market information:
Global LTE Advanced and 5G Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global LTE Advanced and 5G market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
RAT (Radio Access Technologies) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LTE Advanced and 5G include Alcatel-Lucent, AT&T, Ericsson, SK Telecom, NTT Docomo, Verizon Communications, Qualcomm, Nokia Networks and Samsung Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
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, 2017-2022, 2023-2028 ($ millions)
Global LTE Advanced and 5G Market Segment Percentages, by Type, 2021 (%)
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, 2017-2022, 2023-2028 ($ millions)
Global LTE Advanced and 5G Market Segment Percentages, by Application, 2021 (%)
Government and Utilities
Healthcare Sector
Commercial
Residential
Industrial
Defense and Military
Others
Global LTE Advanced and 5G Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global LTE Advanced and 5G Market Segment Percentages, By Region and Country, 2021 (%)
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, 2017-2022 (estimated), ($ millions)
Key companies LTE Advanced and 5G revenues share in global market, 2021 (%)
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
