- Most LTE networks are considered public, serving the general public or enterprise subscribers.
- An LTE network is considered to be private when its main purpose is to connect people/things belonging to an enterprise and where data needs to be kept totally secure.
- With the introduction of more smart systems into the market, networks of the past are incapable of handling the diversity of growing devices and increasing customer requirements. Private LTE meets these demands.
The Private LTE Market report evaluates the growth rate and the Market value based on Market dynamics, growth inducing factors. Complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
In 2018, the global Private LTE market size was $2420 million and it is expected to reach $4240 million by the end of 2025, with a CAGR of 8.4% between 2019 and 2025.
Most LTE networks are considered public, serving the general public or enterprise subscribers. An LTE network is considered to be private when its main purpose is to connect people/things belonging to an enterprise (normally in an enterprise campus), and where data needs to be kept totally secure by avoiding sending it through the core network of a mobile operator.
From the market perspective, private LTE and 5G are becoming the increasingly preferred approach for delivery in critical communication, industrial IoT, enterprise and campus environments, and public venues. With the introduction of more smart systems into the market, networks of the past are incapable of handling the diversity of growing devices and increasing customer requirements. These sites will need the adoption of private LTE to meet their customer and industry demands as the internet of things presents connectivity challenges and requirements, such as mobility, security and low latency in applications like real-time surveillance, remote diagnostics and asset management.
This report focuses on the global Private LTE status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Private LTE development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
- Coming Soon.
The key players covered in this study are Nokia, Ericsson, Huawei, NEC, Verizon, Cisco, Samsung, Comba, Arris International, Netnumber, General Dynamics, Mavenir, Future Technologies, Redline, Communications, Anterix, Quortus, Ambra Solutions, Zinwave, Star Solutions, Druid Software, Cradlepoint Inc., and Lemko.
Market segment by Type, the product can be split into (FDD, TDD). Market segment by Application, split into (Public Safety and Defense, Oil & Gas, Utilities, Mining, Transportation).
The analysis provides an exhaustive investigation of the global Private LTE market together with the future projections to assess the investment feasibility. Furthermore, the report includes both quantitative and qualitative analyses of the Private LTE market throughout the forecast period.
The report also comprehends business opportunities and scope for expansion. Besides this, it provides insights into market threats or barriers and the impact of regulatory framework to give an executive-level blueprint the Private LTE market. This is done with an aim to help companies develop strategies, make wise decisions and attain business goals.
[bsa_pro_ad_space ID = 4]