ID: MRFR/ICT/6485-HCR | August 2022 | Region: Global | 111 Pages
Table of Contents
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Private LTE Market, by Technology
1.1.2 Global Private LTE Market, by Services
1.1.3 Global Private LTE Market, by Spectrum Band
1.1.4 Global Private LTE Market, by Application
1.1.5 Global Private LTE Market, by Industry Vertical
1.1.6 Private LTE Market, by Region
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List of Assumptions
4 Market Insights
5 Industry Overview of the Global Private LTE Market
5.1 Introduction
5.2 Drivers
5.2.1 Drivers: Impact Analysis
5.3 Restraints
5.2.2 Restraints: Impact Analysis
5.4 Opportunities
6 Market Factor Analysis
6.1 Porter’s Five Forces Analysis
6.1.1 Threat of New Entrants
6.1.2 Bargaining Power of Suppliers
6.1.3 Bargaining Power of Buyers
6.1.4 Threat of Substitutes
6.1.4 Intensity of Rivalry
6.2 Value Chain/Supply Chain of the Global Private LTE Market
7. Global Private LTE Market, by Technology
7.1 Introduction
7.2 Time Division Multiplexing (TDD)
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast, by Region, 2020-2027
7.3 Frequency Division Multiplexing (FDD)
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast, by Region, 2020-2027
8. Global Private LTE Market, by Services
8.1 Introduction
8.2 Professional Services
8.2.1 Consulting Services
8.2.1.1 Market Estimates & Forecast, 2020-2027
8.2.1.2 Market Estimates & Forecast, by Region, 2020-2027
8.2.2 Support And Maintenance Services
8.2.2.1 Market Estimates & Forecast, 2020-2027
8.2.2.2 Market Estimates & Forecast, by Region, 2020-2027
8.2.3 Integration and Deployment Services
8.2.3.1 Market Estimates & Forecast, 2020-2027
8.2.3.2 Market Estimates & Forecast, by Region, 2020-2027
8.3 Managed Services
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast, by Region, 2020-2027
9. Global Private LTE Market, by Spectrum Band
9.1 Introduction
9.2 Licensed Shared Access (LSA)
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast, by Region, 2020-2027
9.3 Licensed-Assisted Access (LAA)
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast, by Region, 2020-2027
9.4 MulteFire
9.4.1 Market Estimates & Forecast, 2020-2027
9.4.2 Market Estimates & Forecast, by Region, 2020-2027
9.5 Citizens Broadband Radio Service (CBRS)
9.5.1 Market Estimates & Forecast, 2020-2027
9.5.2 Market Estimates & Forecast, by Region, 2020-2027
10. Global Private LTE Market, by Application
10.1 Introduction
10.2 Real-Time Surveillance
10.2.1 Market Estimates & Forecast, 2020-2027
10.2.2 Market Estimates & Forecast, by Region, 2020-2027
10.3 Operations Visibility and Optimization
10.3.1 Market Estimates & Forecast, 2020-2027
10.3.2 Market Estimates & Forecast, by Region, 2020-2027
10.4 Authentication and Access Control
10.4.1 Market Estimates & Forecast, 2020-2027
10.4.2 Market Estimates & Forecast, by Region, 2020-2027
10.5 Worker Safety Monitoring
10.5.1 Market Estimates & Forecast, 2020-2027
10.5.2 Market Estimates & Forecast, by Region, 2020-2027
10.6 Remote Diagnostics and Predictive Maintenance
10.6.1 Market Estimates & Forecast, 2020-2027
10.6.2 Market Estimates & Forecast, by Region, 2020-2027
10.7 Logistics and Supply Chain Management
10.7.1 Market Estimates & Forecast, 2020-2027
10.7.2 Market Estimates & Forecast, by Region, 2020-2027
10.8 Asset Management and Uptime Assurance
10.8.1 Market Estimates & Forecast, 2020-2027
10.8.2 Market Estimates & Forecast, by Region, 2020-2027
11. Global Private LTE Market, by Region
11.1 Introduction
11.2 North America
11.2.1 Market Estimates & Forecast, 2020-2027
11.2.2 Market Estimates & Forecast, by Technology, 2020-2027
11.2.3 Market Estimates & Forecast, by Services, 2020-2027
11.2.4 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.2.5 Market Estimates & Forecast, by Application, 2020-2027
11.2.6 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.2.7 US
11.2.71 Market Estimates & Forecast, by Technology, 2020-2027
11.2.7.2 Market Estimates & Forecast, by Services, 2020-2027
11.2.7.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.2.7.4 Market Estimates & Forecast, by Application, 2020-2027
11.2.7.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.2.8 Canada
11.2.8.1 Market Estimates & Forecast, by Technology, 2020-2027
11.2.8.2 Market Estimates & Forecast, by Services, 2020-2027
11.2.8.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.2.8.4 Market Estimates & Forecast, by Application, 2020-2027
11.2.8.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.2.9 Mexico
11.2.9.1 Market Estimates & Forecast, by Technology, 2020-2027
11.2.9.2 Market Estimates & Forecast, by Services, 2020-2027
11.2.9.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.2.9.4 Market Estimates & Forecast, by Application, 2020-2027
11.2.9.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.3 Europe
11.3.1 Market Estimates & Forecast, 2020-2027
11.3.2 Market Estimates & Forecast, by Technology, 2020-2027
11.3.3 Market Estimates & Forecast, by Services, 2020-2027
11.3.4 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.3.5 Market Estimates & Forecast, by Application, 2020-2027
11.3.6 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.3.7 Germany
11.3.7.1 Market Estimates & Forecast, by Technology, 2020-2027
11.3.7.2 Market Estimates & Forecast, by Services, 2020-2027
11.3.7.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.3.7.4 Market Estimates & Forecast, by Application, 2020-2027
11.3.7.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.3.8 UK
11.3.8.1 Market Estimates & Forecast, by Technology, 2020-2027
11.3.8.2 Market Estimates & Forecast, by Services, 2020-2027
11.3.8.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.3.8.4 Market Estimates & Forecast, by Application, 2020-2027
11.3.8.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.3.9 France
11.3.91 Market Estimates & Forecast, by Technology, 2020-2027
11.3.9.2 Market Estimates & Forecast, by Services, 2020-2027
11.3.9.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.3.9.4 Market Estimates & Forecast, by Application, 2020-2027
11.3.9.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.3.10 Rest of Europe
11.3.10.1 Market Estimates & Forecast, by Technology, 2020-2027
11.3.10.2 Market Estimates & Forecast, by Services, 2020-2027
11.3.10.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.3.10.4 Market Estimates & Forecast, by Application, 2020-2027
11.3.10.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.4 Asia-Pacific
11.4.1 Market Estimates & Forecast, 2020-2027
11.4.2 Market Estimates & Forecast, by Technology, 2020-2027
11.4.3 Market Estimates & Forecast, by Services, 2020-2027
11.4.4 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.4.5 Market Estimates & Forecast, by Application, 2020-2027
11.4.6 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.4.7 China
11.4.71 Market Estimates & Forecast, by Technology, 2020-2027
11.4.7.2 Market Estimates & Forecast, by Services, 2020-2027
11.4.7.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.4.7.4 Market Estimates & Forecast, by Application, 2020-2027
11.4.7.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.4.8 India
11.4.8.1 Market Estimates & Forecast, by Technology, 2020-2027
11.4.8.2 Market Estimates & Forecast, by Services, 2020-2027
11.4.8.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.4.8.4 Market Estimates & Forecast, by Application, 2020-2027
11.4.8.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.4.9 Japan
11.4.9.1 Market Estimates & Forecast, by Technology, 2020-2027
11.4.9.2 Market Estimates & Forecast, by Services, 2020-2027
11.4.9.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.4.9.4 Market Estimates & Forecast, by Application, 2020-2027
11.4.9.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.4.10 Rest of Asia-Pacific
11.4.10.1 Market Estimates & Forecast, by Technology, 2020-2027
11.4.10.2 Market Estimates & Forecast, by Services, 2020-2027
11.4.10.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.4.10.4 Market Estimates & Forecast, by Application, 2020-2027
11.4.10.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.5 Middle East and Africa
11.5.1 Market Estimates & Forecast, by Technology, 2020-2027
11.5.2 Market Estimates & Forecast, by Services, 2020-2027
11.5.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.5.4 Market Estimates & Forecast, by Application, 2020-2027
11.5.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
11.6 South America
11.6.1 Market Estimates & Forecast, by Technology, 2020-2027
11.6.2 Market Estimates & Forecast, by Services, 2020-2027
11.6.3 Market Estimates & Forecast, by Spectrum Band, 2020-2027
11.6.4 Market Estimates & Forecast, by Application, 2020-2027
11.6.5 Market Estimates & Forecast, by Industry Vertical, 2020-2027
12. Company Landscape
12.1 Competitive Overview
12.2 Competitor Dashboard
12.3 Major Growth Strategies in the Global Private LTE Market
12.4 Competitive Benchmarking
12.5 Market Share Analysis
12.6 Key Developments & Growth Strategies
12.7.1 Product Launches/Service Deployment
12.7.2 Mergers & Acquisitions
12.7.3 Joint Ventures
12.7.4 Business Expansion
13. Company Profiles
13.1 LM Ericsson.
13.1.1 Company Overview
13.1.2 Product/Business Segment Overview
13.1.3 Financial Updates
13.1.4 Key Developments
13.2 Nokia Corporation
13.2.1 Company Overview
13.2.2 Product/Business Segment Overview
13.2.3 Financial Updates
13.2.4 Key Developments
13.3 Huawei Technology Co.Ltd
13.3.1 Company Overview
13.3.2 Product/Business Segment Overview
13.3.3 Financial Updates
13.3.4 Key Developments
13.4 Verizon
13.4.1 Company Overview
13.4.2 Product/Business Segment Overview
13.4.3 Financial Updates
13.4.4 Key Developments
13.5 Cisco Systems, Inc.
13.5.1 Company Overview
13.5.2 Product/Business Segment Overview
13.5.3 Financial Updates
13.5.4 Key Developments
13.6 SAMSUNG
13.6.1 Company Overview
13.6.2 Product/Business Segment Overview
13.6.3 Financial Updates
13.6.4 Key Developments
13.7 Qualcomm Incorporated
13.7.1 Company Overview
13.7.2 Product/Business Segment Overview
13.7.3 Financial Updates
13.7.4 Key Developments
13.8 ARRIS International Limited
13.8.1 Company Overview
13.8.2 Product/Business Segment Overview
13.8.3 Financial Updates
13.8.4 Key Developments
13.9 Sierra Wireless
13.9.1 Company Overview
13.9.2 Product/Business Segment Overview
13.9.3 Financial Updates
13.9.4 Key Developments
13.10 Future Technologies, LLC
13.10.1 Company Overview
13.10.2 Product/Business Segment Overview
13.10.3 Financial Updates
13.10.4 Key Developments
13.11 Boingo Wireless, Inc.
13.11.1 Company Overview
13.11.2 Product/Business Segment Overview
13.11.3 Financial Updates
13.11.4 Key Developments
13.13 Casa Systems
13.13.1 Company Overview
13.13.2 Product/Business Segment Overview
13.13.3 Financial Updates
13.13.4 Key Developments
13.13 General Dynamics Mission Systems, Inc.
13.13.1 Company Overview
13.13.2 Product/Business Segment Overview
13.13.3 Financial Updates
13.13.4 Key Developments
13.14 NetNumber Inc.
13.14.1 Company Overview
13.14.2 Product/Business Segment Overview
13.14.3 Financial Updates
13.14.4 Key Developments
13.15 PDVWIRELESS
13.15.1 Company Overview
13.15.2 Product/Business Segment Overview
13.15.3 Financial Updates
13.15.4 Key Developments
13.16 LEMKO Corporation
13.16.1 Company Overview
13.16.2 Product/Business Segment Overview
13.16.3 Financial Updates
13.16.4 Key Developments
13.17 Quortus Limited
13.17.1 Company Overview
13.17.2 Product/Business Segment Overview
13.17.3 Financial Updates
13.17.4 Key Developments
13.18 Ambra Solutions Inc.
13.18.1 Company Overview
13.18.2 Product/Business Segment Overview
13.18.3 Financial Updates
13.18.4 Key Developments
13.19 Athonet SRL
13.19.1 Company Overview
13.19.2 Product/Business Segment Overview
13.19.3 Financial Updates
13.19.4 Key Developments
LIST OF TABLES
Table 1 Global Private LTE Market, by Region, 2020-2027
Table 2 North America: Private LTE Market, by Country, 2020-2027
Table 3 Europe: Private LTE Market, by Country, 2020-2027
Table 4 Asia-Pacific: Private LTE Market, by Country, 2020-2027
Table 5 Middle East & Africa: Private LTE Market, by Country, 2020-2027
Table 6 South America: Private LTE Market, by Country, 2020-2027
Table 7 Global Private LTE Services Market, by Region, 2020-2027
Table 8 North America: Private LTE Services Market, by Country, 2020-2027
Table 9 Europe: Private LTE Services Market, by Country, 2020-2027
Table10 Asia-Pacific: Private LTE Services Market, by Country, 2020-2027
Table11 Middle East & Africa: Private LTE Services Market, by Country, 2020-2027
Table12 South America: Private LTE Services Market, by Country, 2020-2027
Table13 Global Private LTE Technology Market, by Region, 2020-2027
Table14 North America: Private LTE Technology Market, by Country, 2020-2027
Table15 Europe: Private LTE Technology Market, by Country, 2020-2027
Table16 Asia-Pacific: Private LTE Technology Market, by Country, 2020-2027
Table17 Middle East & Africa: Private LTE Technology Market, by Country, 2020-2027
Table18 South America: Private LTE Technology Market, by Country, 2020-2027
Table19 Global Private LTE Application Market, by Region, 2020-2027
Table20 North America: Private LTE Application Market, by Country, 2020-2027
Table21 Europe: Private LTE Application Market, by Country, 2020-2027
Table22 Asia-Pacific: Private LTE Application Market, by Country, 2020-2027
Table23 Middle East & Africa: Private LTE Application Market, by Country, 2020-2027
Table24 South America: Private LTE Application Market, by Country, 2020-2027
Table25 Global Private LTE Industry Vertical Market, by Region, 2020-2027
Table 26 North America: Private LTE Industry vertical Market, by Country, 2020-2027
Table27 Europe: Private LTE Industry Vertical Market, by Country, 2020-2027
Table28 Asia-Pacific: Private LTE Industry Vertical Market, by Country, 2020-2027
Table29 Middle East & Africa: Private LTE Industry Vertical Market, by Country, 2020-2027
Table30 South America: Private LTE Industry Vertical Market, by Country, 2020-2027
LIST OF FIGURES
FIGURE 1 Global Private LTE Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of the Global Private LTE Market
FIGURE 4 Value Chain of the Global Private LTE Market
FIGURE 5 Share of the Global Private LTE Market, by Country, 2020 (in %)
FIGURE 6 Global Private LTE Market, 2020-2027
FIGURE 7 Sub-Segments of Type
FIGURE 8 Global Private LTE Market Size, by Services, 2017
FIGURE 9 Share of the Global Private LTE Market, by Services, 2020-2027
FIGURE 10 Global Private LTE Market Size, by End User, 2017
FIGURE 11 Share of the Global Private LTE Market, by End User, 2020-2027
FIGURE 12 Global Private LTE Market Size, by Industry Vertical, 2020-2027
FIGURE 13 Share of the Global Private LTE Market, by Industry Vertical, 2020-2027
$10.6 Billion
12.9%
Asia pacific
2022-2030
世界の民間LTE市場は2018年に2,44940万米ドルと評価され、予測期間中に14.7%のCAGRを登録し、5381.9万米ドルに達すると予想されています。2024。プライベートLTEは進化するテクノロジーです。市場の用途は5Gに似ています。モバイル通信企業です。LTEの採用は、産業部門と商業部門で高くなっています。プライベートLTEは、多くのエンドユーザーの間で最も好まれます。公的LTEは多くの合併症を起こす可能性があります。低品質でデータサービスが普及しています。
プライベートLTEは、業界に優れた通信サービスを提供できます。信頼性が高く安価な通信モードです。従来の通信システムのアプリケーションに取って代わるものです。さまざまなアプリケーションをサポートします。IoT、機械学習、AI は、プライベート LTE 市場における例外的な機能の一部です。
モノのインターネットは、プライベートなLTEの世界をつなぎます。プライベートLTEは、ライセンスされた安全な通信モードです。複数のデバイスを接続し、待ち時間を短縮し、高速データ転送を行うことが市場の特徴です。LTEは、5Gのサービスに相当する4Gを使用しています。プライベートLTEスペクトルの採用は膨大です。プライベートLTE市場では、さまざまな業種からの需要が急増しています。また、この市場の運営は今後数年間で拡大すると予想されています。プライベートLTE市場予測によると、これらの要因は市場価値を大幅に増加させます。
COVID分析
Covid 19は、経済および健康業界にとって挑戦的です。この状態は上昇しており、民間LTE業界の需要は安定しています。この間、プライベートLTEの採用は着実に進んでいます。しかし、パンデミックによるものはほとんどありません。プライベートバンドの展開は、この期間に影響を受けます。
しかし、この間、ワイヤレス接続の採用は常に増加しています。今日、多くの企業がリモートで作業しています。しかし、パブリックネットワークは、プライベートLTE市場における効率の低下とセキュリティの脅威につながっています。このため、ほとんどのインターネット接続の採用により、プライベートLTEの採用が増えています。このプライベートネットワークでは、ネットワークトラフィックが少なくなります。また、シームレスなコミュニケーションや費用対効果など、はるかに多くの利点があります。最も需要の高いプライベートLTE市場セグメントはたくさんあります。LTEサービスの需要は今後数年間で増加するでしょう。
マーケットダイナミクス
明確な通信サービスの必要性は、高い市場成長機会につながっています。市場のネットワーク要件は、企業ごとに異なります。一部の企業は、高いビデオ通話と一部の音声会議を使用しています。ただし、パブリックバンドでは定義されたサービスは不可能です。プライベートLTEは、各企業にカスタムサービスを提供します。このプライベートLTEは、企業のカスタムネットワーク品質に適応できます。
定義されたネットワークサービスの可用性により、この地域の需要が増加します。プライベートLTEと定義されたバンドには高いメリットがあります。業界に安全な接続と高速接続を提供します。さまざまな業種でのLTEの展開の需要が高まっています。ザ・ガール公安プロセスにおけるLTEの展開により、民間LTE市場が拡大しています。
公安サービスは、民間LTE市場に多額の投資をしています。これらの安全機関は、安全な接続を確立します。高品質の接続と信頼性の高い接続性により、LTEの採用はより高くなっています。新興国からの需要は、民間LTE市場の重要な推進力です。新興国では、シームレスなコミュニケーションに対する需要が高まっています。市場のコスト効率は、多くのエンドユーザーを市場に引き付けています。これらすべての要因がプライベートLTE市場の利益に貢献します。
産業開発の出現は、大規模な成長機会につながります。今日、産業界は技術の進歩を高めています。これらの業界では高効率化につながっています。テクノロジーの急増により、効果的な運用が確立されています。特に、LTEは産業部門で拡大すると予想されます。
IoTとプライベートLTEの組み合わせは、高い収益性につながる可能性があります。IoTを通じて、プライベートLTEの採用はプライベートLTE市場にとって簡単です。コネクテッドコミュニケーションは、業界では並外れたものです。シームレスなコミュニケーションとコスト効率により、より多くのエンドユーザーが増えています。来年、IoTの運用により、プライベートLTE市場の全体的な採用率が上昇します。さらに、多くのトップモバイル企業がプライベートLTEの使用を奨励しています。モバイルサービスはLTEで最高です。これらのデバイスに対する認識は、多くの地域で高まっています。これは、民間LTE市場におけるより高い成長機会に貢献します。ハイスコープは、新しい成長の機会とともに高くなります。
絶え間ない技術的改善は、民間LTE市場の抑制要因です。プライベートLTEは高度な技術です。カスタムネットワークのみがプライベート LTE と互換性があります。ネットワーク要件が高いため、市場での採用率は低くなっています。これは、5Gのサービスに相当するネットワークです。
このワイヤレステクノロジーを展開するための適切なネットワークがないと、民間のLTE市場に困難が生じる可能性があります。これらの制約により、市場の需要は減少する可能性があります。市場には設置の容易さが求められています。導入プロセスは、採用率を高めるためにシンプルである必要があります。展開の複雑さは、この市場の全体的な成長に影響を与える可能性があります。
プライベートLTEの初期費用が高いことは大きな課題です。顧客サービスと運用のために、プライベートLTEコストは高くなります。ユーザー固有のニーズを満たします。このネットワークは、単一の企業に適しています。
また、意識の欠如は、市場のもう一つの課題です。多くの地域でプライベートバンドについての意識が低いほど低くなります。先進地域では、民間LTEの普及率が高くなっています。高コストは、新興市場からの需要を減少させる可能性があります。新興経済国は、費用対効果の高いネットワークサービスを必要としています。しかし、これらの課題は成長率を妨げる可能性があります。
Report Attribute/Metric | Details |
---|---|
Market Size |
|
CAGR | 14.7% (2018-2024) |
Base Year | 2019 |
Forecast Period | 2020-2027 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | by Technology, by Services, by Professional Services |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Nokia Corporation (Finland), LM Ericsson (Sweden), Qualcomm Incorporated (US), ARRIS International Limited (US), Sierra Wireless (Canada), Future Technologies, LLC (US), Boingo Wireless, Inc (US), Verizon (US), Cisco Systems, Inc. (US), SAMSUNG (South Korea), Casa Systems (US), General Dynamics Mission Systems, Inc. (US), Huawei Technology Co. Ltd (China), and NetNumber Inc. (Netherlands). |
Key Market Opportunities |
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Key Market Drivers | The major factors driving the growth of private LTE networks include a surge in demand for unique and defined network qualities, growing deployment of private LTE networks in public safety agencies, adoption of LTE technology in smart cities applications, and emergence of 5G in conjunction with private LTE. |
Frequently Asked Questions (FAQ) :
The private LTE market can thrive at 14.7% CAGR by 2024.
The private LTE market can value at USD 5,381.95 Mn by 2024.
Sierra Wireless (Canada), ARRIS International Limited (US), and Future Technologies, LLC (US) are some reputed names in the private LTE market.
operations visibility and optimization, real-time surveillance, and authentication and access control are some of the applications of private LTE.
The high rate of adoption of private LTE by the IT industry can propel the North America market.
The deployment of private LTE networks in public safety agencies, adoption of LTE technology in smart cities applications, and emergence of 5G in conjunction with private LTE. On the other hand, the lack of availability of spectrum is expected to hinder the growth of the private LTE market.