Edison , NJ -- (SBWIRE) -- 03/06/2019 -- Private LTE is intended as standard based long term evolution networks designed to serve specific enterprises business, educational, and government purposes. It is a private network extensively used to connect people/things of respective organizations and also securing data by eliminating the connection with a core network of public mobile operators.

This market research report looks into and analyzes the Global Private LTE Network Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.

The Market For Private LTE Network Is Expected To Register A CAGR Of 28.0% During The Forecast Period To 2024.
Major Key Players in This Report Include,

Nokia (Finland) , Ericsson (Sweden) , Huawei (China) , NEC (Japan) , Verizon (United States) , Cisco (United States) , Samsung (South Korea) , Comba (China) , Arris International (United States) and Sierra Wireless (Canada) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.

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Key Developments in the Market:
In May 2018, Ericsson partnered with Verizon, Qualcomm, and Federated Wireless for commercial deployment of LTE on the CBRS wireless spectrum ecosystem in the US. and In September 2018, Ericsson signed an agreement to acquire CENX, a provider of closed-loop automation and service assurance capabilities.

Nokia has been selected by Brazilian power distributor Elektro, part of the Neoenergia/Iberdrola group, to deploy a private LTE network to increase the efficiency and reliability of the electrical grid in the City of Atibaia and surrounding areas in the state of Sao Paulo. This highly reliable wireless 4G network, the first of its kind in Brazil, will serve more than 75,000 businesses and homes.

The regional analysis of Global Private LTE Network Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.

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The Global Private LTE Network Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.
Table of Content

1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. MarketDynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Need for Unique and Defined Network Qualities
3.2.2. Convergence of 5G and Private LTE
3.3. Market Challenges
3.3.1. High Initial Cost of Deployment
3.4. Market Trends
3.4.1. Organizations Across The Critical Communications Industry From Public Safety Agencies To Railway Operators Are Making Sizable Investments In Private LTE And 5G-Ready Networks
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis

5. Global Private LTE Network, by Application, Technology, Service and Region (value) (2013-2018)

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