Global Private LTE Market Growth (Status and Outlook) 2023-2029

Global Private LTE Market Growth (Status and Outlook) 2023-2029

Product Code:455063

Published Date: Feb 08,2023

Pages: 122

Region: Global

Category: Internet & Communication

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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.

LPI (LP Information)' newest research report, the “Private LTE Industry Forecast” looks at past sales and reviews total world Private LTE sales in 2022, providing a comprehensive analysis by region and market sector of projected Private LTE sales for 2023 through 2029. With Private LTE sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Private LTE industry.

This Insight Report provides a comprehensive analysis of the global Private LTE landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Private LTE portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Private LTE market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Private LTE and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Private LTE.

The global Private LTE market size is projected to grow from US$ 3014 million in 2022 to US$ 5409.3 million in 2029; it is expected to grow at a CAGR of 8.7% from 2023 to 2029.

The major players in global Private LTE market include Nokia, Ericsson, Huawei, etc. The top 3 players occupy about 55% shares of the global market. North America and Europe are main markets, they occupy about 55% of the global market. FDD is the main type, with a share about 85%. Public Safety & Defense is the main application, which holds a share about 30%.

This report presents a comprehensive overview, market shares, and growth opportunities of Private LTE market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    FDD
    TDD

Segmentation by application
    Public Safety and Defense
    Oil and Gas
    Utilities
    Mining
    Transportation
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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