According to the latest report by IMARC Group, the global private LTE market reached a value of US$ 4.4 Billion in 2021. Private long-term evolution (LTE) is a cellular network system that is generally deployed for providing individual network services in areas with weak cellular signals. It involves the utilization of subscriber identification module (SIM) cards, small cells and micro towers for enabling enhanced connectivity while reducing latency in the network.
2. Report Description
About IMARC Group
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3. Report Description
Report Description and Highlights
Global Private LTE Market Outlook 2022-2027:
According to the latest report by IMARC Group, titled "Private LTE Market: Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast 2022-2027," the global private LTE market reached a
value of US$ 4.4 Billion in 2021.
Private long-term evolution (LTE) is a cellular network system that is generally deployed for providing
individual network services in areas with weak cellular signals. It involves the utilization of subscriber
identification module (SIM) cards, small cells and micro towers for enabling enhanced connectivity
while reducing latency in the network.
Additionally, it is also widely adopted by multiple businesses for accommodating low- and high-rate
data for meeting organization needs. In comparison to wireless fidelity (Wi-Fi), it provides improved
signal prioritization, technical flexibility, high-speed connectivity and security that is required for a
multitude of endpoints and smarter utility applications.
Request for a PDF sample of this report: https://www.imarcgroup.com/private-lte-
market/requestsample
4. Report Description
Report Description and Highlights
Global Private LTE Market Drivers/Constraints:
The global market is primarily driven by the increasing incidences of cybercrime and data theft activities.
This has impelled multiple businesses to heavily invest in the deployment of private LTE for secured
networks and connectivity. Coupled with the rising demand for high-speed internet connectivity for
preventing unstable internet connection, this is creating a positive outlook for the market.
Along with this, the increasing need for uninterrupted internet connection due to the widespread
adoption of smartphones across geographically extended and rural areas is providing a boost to the
uptake of private LTE. Furthermore, continuous technological advancements and the integration of the
Internet of Things (IoT) and artificial intelligence (AI) with private LTE networks are acting as major
growth-inducing factors.
Additionally, the rising demand for automation across the manufacturing industry and the widespread
product adoption in the healthcare industry for improved communication channels are providing an
impetus to the market. Other factors, including rapid digitization and grid modernization, continual
improvements in the telecommunication infrastructure and extensive research and development (R&D)
activities conducted by key players, are further contributing to the market growth.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/private-lte-market/toc
5. Report Description
Report Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Breakup by Component:
• Infrastructure
• Service
Breakup by Industry Vertical:
• Healthcare
• IT and Telecom
• Manufacturing, Retail and E-commerce
• Government and Defense
• Energy and Utility
• Oil and Gas
• Education
6. Report Description
Report Description and Highlights
Breakup by Technology:
• FDD
• TDD
Breakup by Frequency Band:
• Licensed
• Unlicensed
• Shared Spectrum
Breakup by Deployment Model:
• Centralized
• Distributed
7. Report Description
Report Description and Highlights
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
Looking forward, IMARC Group expects the market to reach US$ 9.3 Billion by 2027, exhibiting at a
CAGR of 12.90% during 2022-2027.
8. Report Description
Report Description and Highlights
Competitive Landscape:
• Airspan Networks Inc
• ASOCS Ltd
• Casa Systems Inc
• Cisco Systems Inc
• Comba Telecom Systems Holdings Limited
• CommScope Inc
• Druid Software Limited
• Huawei Technologies Co. Ltd
• Nokia Corporation
• Qualcomm Incorporated
• Sierra Wireless Inc
• Telefónica S.A
Note: We are updating our reports, If you want the report with the latest primary and secondary
data (2022-2027) including industry trends, market size and Competitive landscape, etc.
Click here: https://www.imarcgroup.com/private-lte-market/requestsample
9. Report Description
Key Questions Answered in the Report
1. What has been the historical growth rate of the global Private LTE Market?
2. What has been the impact of COVID-19 on the global Private LTE Market?
3. What are the key factors driving the global Private LTE Market?
4. What is the breakup of the global Private LTE Market based on the type?
5. What is the breakup of the global Private LTE Market based on the application?
6. What is the breakup of the global Private LTE Market based on the distribution channel?
7. What are the key regions in the global Private LTE Market?
8. Who are the key players/companies in the global Private LTE Market?
10. Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
11. Report Description Table of Contents
5 Global Private LTE Market Industry
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Component
5.5 Market Breakup by Technology
5.6 Market Breakup by Frequency Band
5.7 Market Breakup by Deployment Model
5.8 Market Breakup by Industry Vertical
5.9 Market Breakup by Region
Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/private-lte-market/toc
12. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
13. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients