Global and United States LTE Advanced and 5G Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States LTE Advanced and 5G Market
This report focuses on global and United States LTE Advanced and 5G market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global LTE Advanced and 5G market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, RAT (Radio Access Technologies) accounting for % of the LTE Advanced and 5G global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Government and Utilities was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global LTE Advanced and 5G Scope and Market Size
LTE Advanced and 5G market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global LTE Advanced and 5G market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the LTE Advanced and 5G market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
RAT (Radio Access Technologies)
HSPA (High Speed Package Access)
GSM (Global System For Mobile)
WiMAX (Worldwide Interoperability For Microwave Access)
Wi-Fi
Segment by Application
Government and Utilities
Healthcare Sector
Commercial
Residential
Industrial
Defense and Military
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Alcatel-Lucent
AT&T
Ericsson
SK Telecom
NTT Docomo
Verizon Communications
Qualcomm
Nokia Networks
Samsung Group
Deutsche Telecom
Telefonica S.A
Huawei Technologies

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