Private LTE Market size exceeded USD 2.3 billion globally in 2019 and is estimated to grow at over 30% CAGR between 2020 and 2026.

Ontario, CA -- (SBWire) -- 03/24/2020 --The global private LTE market size is expected to enlarge during the forecast period, 2020 - 2026. Rise in use of managed services and providers all across the world is likely to propel the market growth in the forthcoming years. In addition, growing need for advanced networking solutions and technologies is triggering the market growth in the years to come.

Private LTE Market size exceeded USD 2.3 billion globally in 2019 and is estimated to grow at over 30% CAGR between 2020 and 2026.

Mobile and telecom operators are now using LTE services in order to encourage use of private wireless networks that come with benefits such as coverage, control and capacity. Generally, private LTE networks are premeditated with machine interfaces for primary users. Major advantage in using LTE is that it allows support for IoT and enables critical control signalling within a common infrastructure. Private wireless networks are deployed on Wi-Fi networks that are fast and easy. Private LTE are built upon wide-area connectivity and leads with some advantages over Wi-Fi in terms of performance and mobility. The major advantages are spectral efficacy, effective budget, mobility, interoperability and high to low rate scaling.

Commercially, the rise in popularity of private lte market has gained a tremendous traction as multiple vendors now offer solutions for private LTE networks and the major vendors such as RAN, Huawei and Ericsson have integrated solutions while many smaller companies have become competitive with their product portfolios. In addition, the trend by system integrators that operate within industry specific scenarios is emerging and in this process wireless network.

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Segment by Key players:
- Verizon
- Tait
- SpiderCloud Wireless
- Sierra
- Samsung
- Ruckus Networks
- Rivada Networks
- Qualcomm
- PDV Wireless
- Nokia

Segment by ServiceType:
- Consulting
- Integration And Deployment
- Support And Maintenance
- Managed Services

Segment by Application:
- Public safety
- Defence
- Mining
- Transportation
- Energy
- Manufacturing
- Others

Segment by Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa

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Table of Content:

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Private LTE Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Private LTE Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Private LTE Market - Supply Chain
4.5. Global Private LTE Market Forecast
4.5.1. Private LTE Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Private LTE Market Size (000' Units) and Y-o-Y Growth
4.5.3. Private LTE Market Absolute $ Opportunity

5. Global Private LTE Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Private LTE Market Size and Volume Forecast by Type
5.3.1. Fabricated Frame
5.3.2. Tube and Coupler
5.3.3. Mobile
5.3.4. Pole
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Private LTE Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Private LTE Market Size and Volume Forecast by Application
6.3.1. Personal Decoration
6.3.2. Commercial Decoration
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Private LTE Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Private LTE Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Private LTE Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Private LTE Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Private LTE Demand Share Forecast, 2019-2029

Continued……

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