Global Private LTE Markets Report 2021-2026 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Private LTE Market (2021-2026)” report has been added to ResearchAndMarkets.com’s offering.

The Global Private Lte Market is Estimated to be USD 4.79 Bn in 2021 and is Expected to Reach USD 9.2 Bn by 2026, Growing at a CAGR of 14%

Public LTE Networks as well as Wi-Fi networks, have become a daily necessity in modern-day living and are heavily consumed by enterprises and other subscribers at large.

However, at times, a network can face certain issues arising from coverage limitations, capacity issues, or security threats. In these cases, enterprises seek a private LTE network that can connect devices within specified parameters like an enterprise campus to ensure data integrity and avoid the risks pertaining to data transfers via a mobile operator.

Private LTE caters to customized network demands and mission-critical applications, which can help in reducing the latency in a network. They consist of Wi-Fi access points installed by an enterprise or a managed service provider through a local cellular tower to supply uninterrupted connectivity from thousands of IoT devices.

The importance of a Private LTE is not just due to its revenue generation opportunity but also due to its recent technology, which also has an additional value. They can be adopted across industry-wide applications that have technology at its prime too. The companies operating in the market for private LTE technology are focusing on strategic collaborations with the private companies to enhance their market presence and their market capabilities, which is an indicative opportunity for positive market growth.

The heavy investments made by the respective Government and the global telecom operators to ensure that the networks are capable of providing LTE-A and 5G services with low latency shall fuel the growth of this market further.

An increasing number of IoT devices in the market, followed by the connectivity issues arising out of it, is deemed to create opportunities for this market.

Factors such as increasing deployment of private LTE networks with the availability of unlicensed spectrums are a major driving factor for the market growth. Conversely, factors such as interoperability issues and challenges in the deployment cost of private LTE solutions due to radio access technology is likely to hamper the market growth.

Market Dynamics

Drivers

• Increased Deployment of Private LTE Networks
• Availability of Unlicensed Spectrums
• The Rise in the Open Networking Model System and High Amounts of Virtualization
• Need for Unique and Defined Network Qualities

Restraints

• Frequency Bands Interference
• Interoperability Issues

Opportunities

• The Emergence of Industrial and Commercial IoT
• The Convergence of 5G and Private LTE
• Rising Digital Transformation Initiatives in Industry Enterprises
• High Adoption of Robotics and Machine Learning Systems

Challenges

• The High Initial Cost of Deploying Network Infrastructure
• Investments in Leasing Licensed Frequency Bands

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Overview

4.1 Introduction

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.2.4 Challenges

4.3 Trends

5 Market Analysis

5.1 Porter’s Five Forces Analysis

5.2 Impact of COVID-19

5.3 Ansoff Matrix Analysis

6 Global Private LTE Market, By Component

6.1 Introduction

6.2 Infrastructure

6.2.1 RAN

6.2.2 Mobile Core Network

6.2.3 Backhaul

6.3 Services

6.3.1 Consulting

6.3.2 Integration and Deployment

6.3.3 Support and Maintenance

6.3.4 Managed Services

7 Global Private LTE Market, By Technology

7.1 Introduction

7.2 FDD

7.3 TDD

8 Global Private LTE Market, By Deployment Model

8.1 Introduction

8.2 Centralized

8.3 Distributed

9 Global Private LTE Market, By Frequency Band

9.1 Introduction

9.2 Licensed

9.3 Unlicensed

9.4 Shared spectrum

10 Global Private LTE Market, By End User

10.1 Introduction

10.2 Utilities

10.3 Mining

10.4 Oil and Gas

10.5 Manufacturing

10.6 Transportation and Logistics

10.7 Government and Public Safety

10.8 Healthcare

10.9 Others

11 Global Private LTE Market, By Geography

11.1 Introduction

12 Competitive Landscape

12.1 Competitive Quadrant

12.2 Market Share Analysis

12.3 Competitive Scenario

13 Company Profiles

• AT&T
• Nokia
• Ericsson
• Huawei
• ZTE Corporation
• NEC Corporation
• Athonet
• Affirmed Networks Inc.
• Redline Communications
• Samsung
• Boingo Wireless
• Casa Systems, Inc.
• Cisco Systems, Inc.
• Druid Software
• Future Technologies Inc.
• General Dynamics Mission Systems
• Motorola Solutions
• NetNumber, Inc.
• PDV Wireless
• Rivada Networks
• Ruckus Networks
• SpiderCloud Wireless
• Tait Communications

For more information about this report visit https://www.researchandmarkets.com/r/uo0vip

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900