Northbrook, IL -- (SBWIRE) -- 10/25/2021 -- The LTE and 5G broadcast market is estimated to be worth USD 642 million in 2021 and projected to reach USD 1,072 million by 2026, at a CAGR of 10.8%. The increasing LTE and 5G mobile subscribers with surging penetration of smartphones growing popularity of on-demand content and seamless mobile data services and growing need for massive connectivity of devices due to evolution of IoT are some of the prominent factors for the growth of the LTE and 5G broadcast market globally.