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.
In 2018, the global Private LTE market size was 2420 million US$ and it is expected to reach 4240 million US$ by the end of 2025, with a CAGR of 8.4% between 2019 and 2025.
In 2018, the global Private LTE market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2019 and 2025.
This report studies the Private LTE market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
Market segment by Regions/Countries, this report covers
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Market segment by Application, the market can be split into
Public Safety and Defense
Oil & Gas
The study objectives of this report are:
To study and forecast the market size of Private LTE in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Private LTE are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Private LTE market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.