Market Analysis

The global private LTE market was is expected to register a CAGR of 14.7% during the forecast period to reach USD 5,381.9 million by 2024. The market research report of Private LTE Market provides major and secondary market drivers, market share, potential sales volume, regional analysis, and the market’s key segments. The report providing an overview which includes definition, Private LTE market opportunity, technology, professional services, developments, challenges, and regions.

Several Factors Contributing to Market Growth

A private LTE network is distinct from conventional networks that use connectivity technologies such as Ethernet and Wi-Fi to provide safe and dependable communications. Private LTE networks provide a connection for human and machine interactions via a single, dependable network that communicates via portable radios and provides new revenue streams for Internet of Things (IoT)-enabled devices.

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Mobile communication technology advancements, such as the spread of 4G networks, have profoundly impacted businesses, corporations, and cities all over the world. This has raised the need for private Long Term Evolution (LTE) networks, which provide dedicated high network capacity and high speed 4G mobile communications capabilities. These networks enable organizations to improve operational efficiency and provide innovative network solutions, which boosts the demand for the high quality of services (QoS) to end users.

A surge in demand for unique and defined network qualities, increasing deployment of private LTE networks in public safety agencies, adoption of LTE technology in smart cities applications, and the emergence of 5G in conjunction with private LTE are some of the major factors driving the growth of private LTE networks. 

Key Players

According to MRFR analysis, some of the major players in the global private LTE market include SAMSUNG (South Korea), Nokia Corporation (Finland), LM Ericsson (Sweden), Sierra Wireless (Canada), Huawei Technology Co. Ltd (China), NetNumber Inc. (Netherlands), Verizon (US), Cisco Systems, Inc. (US), Qualcomm Incorporated (US), ARRIS International Limited (US), Future Technologies, LLC (US), Boingo Wireless, Inc (US), Casa Systems (US), and General Dynamics Mission Systems, Inc (US).

Apart from these, some other vendors that operate in the global private LTE market include LEMKO Corporation (US), PDVWIRELESS (US), Quortus Limited (UK), Ambra Solutions Inc. (Canada), Zinwave (US), Athonet SRL (Italy), Mavenir (US), and Star Solutions (Canada).

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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

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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

Continued...

Reasons for Buying This Report:

  • It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
  • It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
  • It Helps in Understanding the Key Product Segments and Their Future.
  • It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
  • It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.

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