The report covers the industry from 2013 to 2018 for historical data and provides accurate predictions up to the year 2024. This helps in keeping the finding topical and relevant to the current context of the industry. In addition to this, it takes 2019 as the estimated year with forecasts for the future years, ending 2024. This helps in keeping the manufacturers, as well as the clients, keep in touch with the current state of affairs in the Private LTE industry while giving them insights into the future predictions. Moreover, the report presents industry overview in a portrayed view to offer a wide acuity of the global Private LTE market. It also provides a detailed analysis based on a competitive landscape that aids a reader to obtain a thorough perception of competitive advantages, contender’s missions, core values, and niche markets. It also highlights how the Private LTE market is associated with its peer and parent market. Further, the report illuminates its impacts on the international economy throughout the period between 2019 and 2024.
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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.
By deploying their own high capacity, high speed 4G mobile communications capability in the shape of a Private Long Term Evolution (LTE) network, professional organizations can enhance their operational efficiency, innovate more quickly, get closer to their customers and reduce their energy footprint.
A Private LTE network frees enterprises from the restrictions of conventional connectivity technologies such as Ethernet, which is secure and reliable but high cost and inflexible, and Wi-Fi, which offers low cost but also lower reliability. It can also support both human and machine communications on a single, reliable network that offers mobility without cumbersome portable radios and that opens up the world of the Internet of Things (IoT).
From the market perspective, private LTE and 5G as 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 the increase in 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.
The global Private LTE market is valued at 2420 million USD in 2018 and is expected to reach 3540 million USD by the end of 2024, growing at a CAGR of 7.9% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Private LTE.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Private LTE market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Private LTE market by product type and applications/end industries.
This report categorizes the market based on manufacturers, regions, type and application.
Thorough assessment of leading manufacturers including their profiles, pricing structure, and product specifications of Private LTE Market: Nokia, Ericsson, Huawei, NEC, Verizon, Cisco, Samsung, Comba, Arris International, Netnumber, General Dynamics, Mavenir, Future Technologies, Redline Communications, Pdvwireless, Quortus, Ambra Solutions, Zinwave, Star Solutions, Druid Software, Cradlepoint, Inc., Lemko
Major Type as follows - FDD, TDD
Major applications as follows - Public Safety and Defense, Oil & Gas, Utilities, Mining, Transportation, Others
Market Segment by Regions - North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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The Global Private LTE Market Report Enfolds:
• Extensive delineation of Private LTE industry overview.
• Cardinal synopsis of every leading contender performing in the global Private LTE market.
• Statistical assessment of Private LTE market size, share, revenue, growth rate, and sales volume.
• Precise details based on Private LTE market segmentation.
• Valuable information on the changing-pricing structure.
Major Points Covered in TOC:
Market Overview
Market Segment by Type
Market Analysis by Applications
Market Analysis by Regions
Market Dynamics
Manufacturers Profiles
Market Forecast (2019-2024)
Sales Channel, Distributors, Traders and Dealers
Research Findings and Conclusion
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