Private LTE & 5G Network Market Expected to Witness a Significant Growth of USD 5 Billion Globally by 2021, at CAGR of 30.0% (3GPP, AAS, Accelleran, Ace Technologies, AceAxis, ACMA)

Marketprognosis.com.com Publish a New Market Research Report On “Private LTE & 5G Network Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” which contains global key player’s survey information and forecast to 2030.

Overview of the Private LTE & 5G Network Market:

The report spread across 904 pages is an overview of the Private LTE & 5G Network Ecosystems: 2018 – 2030 – Opportunities, Challenges, Strategies and Industry Verticals & Forecasts.

With the standardization of capabilities such as MCPTT (Mission-Critical PTT) by the 3GPP, LTE is increasingly being viewed as an all-inclusive critical communications platform for the delivery of multiple mission-critical services ranging from PTT group communications to real-time video surveillance, and organizations across the critical communications industry – from public safety agencies to railway operators – are making sizeable investments in private LTE and 5G-ready networks.

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By providing authority over wireless coverage and capacity, private LTE and 5G networks can ensure guaranteed connectivity, while supporting a wide range of applications and usage scenarios. Small-scale private LTE and 5G-ready networks are also beginning to be deployed in industrial IoT (Internet of Things) settings u2013 where LTE and 5G can fulfill the stringent reliability, availability and low latency requirements for connectivity in industrial control and automation systems, besides supporting mobility for robotics and machines.

Expected to surpass $2.5 Billion in annual spending by the end of 2018, private LTE and 5G networks are increasingly becoming the preferred approach to deliver wireless connectivity for critical communications, industrial IoT, enterprise & campus environments, and public venues. IT market estimates that the market will further grow at a CAGR of approximately 30% between 2018 and 2021, eventually accounting for more than $5 Billion by the end of 2021.

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Major Key Players:

1 3GPP (Third Generation Partnership Project)

2 450 MHz Alliance

3 450connect

4 4K Solutions

5 A1 Telekom Austria Group

6 AAS (Amphenol Antenna Solutions)

7 Abu Dhabi Police

8 Accelleran

9 Ace Technologies Corporation

10 AceAxis

11 ACMA (Australian Communications and Media Authority) and More……………

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Forecast Segmentation:

Market forecasts are provided for each of the following submarkets and their subcategories:

Submarkets:

1 RAN (Radio Access Network)

2 Mobile Core

3 Backhaul & Transport

Vertical Markets:

1 Critical Communications & Industrial IoT

2 Enterprise & Campus Environments

3 Public Venues & Other Neutral Hosts

Regional Markets:

1 Asia Pacific

2 Eastern Europe

3 Latin & Central America

4 Middle East & Africa

5 North America

6 Western Europe

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This release was published on openPR.