The global private Long-Term Evolution (LTE) market size is expected to USD 10.78 Billion at a revenue CAGR of 12.8% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for high-speed wireless network connectivity. Private LTE networks are physically detached from macro networks and are deployed for specific Internet of Things (IoT) applications. Private LTE offers improved network connectivity in critical areas, including healthcare centers, offshore oil & gas rigs, and industrial sites that require seamless and high-speed network connectivity. These networks can be operated by either a private firm or mobile network/telecom operator and provide much higher bandwidth (data transfer rate), better spectrum efficiency, and lower latency.
Surging demand for more enhanced outdoor network coverage over a wide range by various industry verticals is fueling demand for private LTE. These networks are primarily Wireless Wide-Area Networking (WWAN) technology that can offer improved coverage over greater distances with respect to base stations as compared to a Wi-Fi. Enterprises and industries with outdoor sites, including mines, shipyards, stadiums, oil rigs, and RV (Recreational Vehicle) parks, among others, are required to install small cells in few numbers to provide network coverage to a wider area.
Private Long Term Evolution Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Private Long Term Evolution market scenario. The research report provides the reader with an in-depth interpretation of the Private Long Term Evolution market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Private Long Term Evolution industry. The market intelligence report is a prototype of the 360° overview of the global Private Long Term Evolution industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.
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The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Private Long Term Evolution market and pinpoint the fundamental growth trends.
Key Parameters Analyzed in This Section:
Product sales trends
Sales & distribution channels
Major companies in the global market report include Huawei Technologies Co. Ltd., Athonet SRL, Airspan Networks, Nokia Corporation, NEC Corporation, Ericsson, Samsung, Fujitsu Ltd., ZTE Corporation, and Affirmed Networks.
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Emergen Research has segmented the global private LTE market on the basis of offering, technology, mode of deployment, spectrum, application, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028)
Mobile Core Network
Radio Access Network (RAN)
Support & Maintenance
Integration & Deployment
Technology Outlook (Revenue, USD Billion; 2018–2028)
Frequency Division Duplex (FDD)
Time Division Duplex (TDD)
Mode of Deployment Outlook (Revenue, USD Billion; 2018–2028)
Spectrum Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
Logistics & Transportation
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Key Highlights From the Report
In May 2021, Anterix made an announcement about signing a partnership agreement with Motorola Solutions to facilitate private LTE network deployment by utility companies for electric grid modernization.
Among the technology segments, Frequency Division Duplex (FDD) segment accounted for larger revenue share in 2002. FDD technology is considered very efficient for voice traffic and is meant for symmetric traffic without needing guard time similar to Time Division Duplex (TDD). FDD deploys paired spectrum continuously and thus allows realization of higher data rates. Also, this technology needs fewer base stations than TDD and hence leads to reduced costs associated with total installation, operation, and maintenance.
Among the application segments, utilities segment contributed a significantly larger revenue share to the global market in 2020. Utility firms require secure, reliable, and flexible wireless network connectivity to achieve grid modernization potential and digitalization initiatives. Several such digital initiatives require use of new applications allowing utility firms to gather and use data from various grid assets, such as gas sensors, Distributed Energy Resources (DERs), smart meters, voltage regulators, and drones. Automation of grids leads to increase in cyber-attacks and data breaches from devices and applications, resulting in urgent need for private LTE networks.
Regional Bifurcation of the Private Long Term Evolution Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report aims to provide a complete analysis of the global Private Long Term Evolution market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Private Long Term Evolution market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
Besides offering a vivid depiction of the global Private Long Term Evolution business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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