The FMI report on enterprises worldwide states that in 2018, the global market for LTE and 5G had a meagre worth of US$ 507.3 million. On the other hand, the usage of LTE and 5G services increased dramatically on a worldwide scale, averaging 8.7% annual growth between 2018 and 2022. By the end of 2022, …
Tag Archives: LTE and 5G Market trends
LTE and 5G Market Value Projected to Reach US$ 2,167.1 Million with 10.8% CAGR by 2033 | FMI Study Report
The total demand for LTE and 5G market globally had a small value of US$ 507.3 million in 2018, according to the FMI report on companies worldwide. However, there was a striking rise in the use of LTE and 5G services globally, with an average growth rate of 8.7% per year from 2018 to 2022. …
LTE and 5G Market: A $2.2 Billion Projection by 2033
In 2023, the global LTE and 5G market is set to amass a staggering $774.8 million in revenue. With a projected Compound Annual Growth Rate (CAGR) of 10.8% from 2023 to 2033, the market is primed for substantial growth. According to forecasts by FMI, the global market’s valuation may surge to a remarkable $2,167.1 million …
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