Private LTE Market by Key Players: Qualcomm, Apple, Airwatch, AT&T, Cisco, LG Plus, Broadcom, D-Link, Dell, Google, Huawei, Intel, Netgear, Ubiquiti

Market Overview: -

Private LTE Market size is driven by the rising adoption of the network intelligence in business-critical systems. The standardization by the MCPTT (Mission Critical Push to Talk) by the 3GPP (The 3rd Generation Partnership Project) is driving the market growth. With standardization, LTE has been viewed as a critical communication platform for the delivery of the mission-critical applications such as real-time surveillance and PTT group communication. This will encourage the adoption of the private LTE by the critical communication industry and public safety agencies such as railway operators.

The rising utilization of internet services in smart-phones, tablets, and laptops has globalized the demand for broadband services. The growing need for high-speed data and improved spectral efficiency are the primary factors influencing the market growth. Moreover, the advent of new mobile applications and disruptions in the technology that provide video calls, video streaming, on-demand videos, and real-time functioning features has enhanced the necessity for high-speed mobile device broadband internet facility.

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Top Key Players: -

The key companies in the private LTE market space are Qualcomm, Apple, Airwatch, AT&T, Cisco, LG Plus, Broadcom, D-Link, Dell, Google, Huawei, Intel, Netgear, Ubiquiti, Verizon, Zebra technologies, KT, SK Telecom, and Nokia Networks. It is observed that the Private LTE network service providers are using product development and innovation as the business strategy and continuously evolving in the field of technology. For instance, in February 2018, Qualcomm launched an optimized full 5G module with digital and solutions whereby phone or other device-makers (such as cars, Connected PCs, tablets, and hotspots) can more easily and quickly develop their own 5G products. Furthermore, in June 2018, Nokia launched a cross-domain architecture service offering the operators to shift from multivendor end-to-end networks to 5G.

Market share calculation in this report is not done based on companies covered in it. The calculation of private lte market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

North America accounts for the majority share in the private LTE market due to technological advancements and the availability of infrastructure. Asia Pacific is anticipated to be an emerging market for the LTE devices owing to the increasing demand for devices from countries including China and India. Europe faces certain government-related issues for spectrum auctions leading to a slow growth in the region.

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Applications of LTE in the public sector for safety as well as in other sectors such as defense and security are further fueling the market revenue. The high-speed communication is required in these sectors for emergency situations and this makes LTE the best-suited service to fulfill the needs.

The industrial applications of private LTE network market include real-time surveillance, operations visibility & optimization, authentication & access control, worker safety monitoring, remote diagnostics & predictive maintenance, asset management, and uptime assurance. For instance, manufacturing equipment, hoist cranes in shipping ports, and vehicles that can predict when and why they are likely to fail and alert the service organization before the failure occurs and, in some cases, fix themselves without any human interference. Also, in healthcare facilities, accurate and up-to-the-minute patient information is always available. The availability of information is due to the fact that every piece of equipment, from digital thermometers to life-support machines, is networked and associated with a patient ID. This reduces the death rate and improves the life expectancy ratio of the country using private LTE.

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Some of the noticeable benefits of the network are reliability in day-to-day operations and higher throughput that is a measure of how many units of information a system can process in a given amount of time, mobility, security, low latency, and simplified network management.

The trends of LTE Advanced, Broadcast, FDD (Frequency Division Duplex), TDD (Time Division Duplex), Direct Proximity Services, Advanced Carrier Aggregation, and 5G network are continuously growing in the market. LTE Advanced is an improved technology and offers better coverage, speed, and stability in the network. The LTE Broadcast is an application of the technology for distributing the same content to different users efficiently at the same time. FDD & TDD are the modes used for effectively and securely transmitting & receiving the signals and improving the speed of the network.

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