openPR Logo
Press release

Private LTE Market Analysis & Technological Innovation by Leading Key Players - AT&T Inc, Boingo Wireless, Casa Systems Inc, Cisco Systems Inc, Druid Software, Telefonaktiebolaget LM Ericsson, Future Technologies Inc, General Dynamics Mission Systems, Hua

12-12-2018 11:45 AM CET | Media & Telecommunications

Press release from: marketstudyreport.com

Private LTE Market Analysis & Technological Innovation

MarketStudyReport.com Adds New Private LTE Market 2018 – 2024 research report providing information and data By Component, By Application, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 340 Pages with table and figures in it.

North America is estimated to hold the largest market share of over 40% by 2024 due to the rise in adoption of private LTE to support the need for low latency networks for mission-critical communications and industrial IoT applications. For instance, in June 2017, Bell, a Canadian communications company launched LTE-M technology to offer the rapidly increasing use of IoT devices on wide area networks in Canada. The LTE-M technology improves the efficiency of IoT devices and provides better coverage in underground and hard to reach locations.

Request a sample of this report at: https://www.marketstudyreport.com/request-a-sample/1357091/

The vendors operating in the Private LTE market are AT&T Inc, Boingo Wireless, Casa Systems Inc, Cisco Systems Inc, Druid Software, Telefonaktiebolaget LM Ericsson, Future Technologies Inc, General Dynamics Mission Systems, Huawei Technologies Co Ltd, Motorola Solutions, NetNumber Inc, Nokia Corporation, PDV Wireless, Qualcomm Incorporated, Rivada Networks, Ruckus Networks, SAMSUNG ELECTRONICS CO LTD, Sierra Wireless, SpiderCloud Wireless, Tait Communications.

The private LTE market in Europe is projected to grow at a CAGR of over 30% from 2018 to 2024. The market growth is driven by the huge investments in private LTE and 5G-ready networks that ensure improved connectivity and provide wider coverage. For instance, in January 2018, French mobile telephone operators planned to invest USD 3.7 billion to introduce 4G network to remove the coverage gaps by 2020. The operators including Orange, SFR, Bouygues Telecom and Iliad?s Free Mobile have planned to install 5,000 masts and antennas and ensure network coverage along 30,000km of rail tracks. Various efforts made towards the testing of 5G-ready networks will contribute towards the growth of the private LTE networks. These networks meet the needs of enterprises with specific requirements with respect to coverage, security and low latency. For instance, in February 2018, Germany?s Social Democrats and conservatives signed a coalition agreement to allocate approx. USD 9.67 billion to build gigabit-speed fixed-line data networks over the next four years. The parties aim to construct the 5G networks to enhance coverage, including auctioning licenses on regional basis.

Private LTE market is projected to surpass USD 11 billion by 2024. These networks are becoming extensively popular for private and industrial environments as they offer faster network speeds, high-bandwidth and better security. Private LTE has become a preferable approach as compared to enterprise-class Wi-Fi and commercial carrier LTE networks. By deploying a high-speed dedicated network, enterprises can enhance their operational efficiency and reduce CAPEX costs. These networks offer numerous benefits for the enterprise and industrial applications where productivity and security must be maintained at higher levels. The private networks provide broadband data connections with mobility and roaming capabilities, SIM-based security and support for IoT devices. The technology complements the existing Ethernet and Wi-Fi networks and supports the digital transformation towards the adoption of 5G networks.

Vehicular routers in the private LTE market are projected to grow at a CAGR of over 32% over the forecast timeline. The market growth is driven by their ability to provide fast and reliable wireless connectivity for deployments where wired options are too expensive. These routers enable seamless connectivity and are crucial for enabling various applications such as fleet management, video surveillance and monitoring of connected mobile assets.
The mining sector is estimated to register an impressive CAGR of over 33% in the private LTE market between 2018 and 2024. The technology helps the industry in automating key mining functions to gain operational efficiencies. These networks offer the low latency needed to operate the autonomous systems such as drills and drones in harsh, remote environments.

Request a discount on standard prices of this report at: https://www.marketstudyreport.com/check-for-discount/1357091/

Private LTE market is gaining momentum with the increase in deployments for various use cases such as enterprise IIoT applications, defense, transportation, energy and mining. A dedicated network enables organizations to control their own networking environment, customize it as per their requirements and ensures more coverage. For instance, in the critical communications industry, LTE has emerged as one of the most widely adopted networks. The network enables the use of various applications such as live streaming during emergency situations or directing mission-critical assets. The agencies are rapidly embracing dedicated networks to ensure a coordinated response, offer actionable data insights and to enhance situational awareness. Private LTE is also gaining popularity in mission-critical airport communications to enable operators to have a secure control over a smart airport network.

Table of Content:

Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Private LTE Industry Insights
Chapter 4 Competitive Landscape
Chapter 5 Private LTE Market, By Component
Chapter 6. Private LTE Market, By Application
Chapter 7. Private LTE Market, By Region
Chapter 8. Company Profiles

For More Details On this Report: https://www.marketstudyreport.com/reports/private-lte-market

Related Report:

Global Private LTE Network Market Size, Status and Forecast 2025
This report studies the global Private LTE Network market, analyzes and researches the Private LTE Network development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
 Nokia
 Huawei
 Alphabet
 Qualcomm
 Comba
 Casa Systems
 Lemko Corporation

https://www.marketstudyreport.com/reports/global-private-lte-network-market-size-status-and-forecast-2025

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Private LTE Market Analysis & Technological Innovation by Leading Key Players - AT&T Inc, Boingo Wireless, Casa Systems Inc, Cisco Systems Inc, Druid Software, Telefonaktiebolaget LM Ericsson, Future Technologies Inc, General Dynamics Mission Systems, Hua here

News-ID: 1435040 • Views:

More Releases from marketstudyreport.com

Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Power Technologies (Schneider Electric), Simplex, Shenzhen Sikes, Pite Tech
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders. Load Bank Market Size was estimated
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - John Deere, CNH Industrial, Kubota, AGCO, Claas, Yanmar, Mahindra, LOVOL
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc., Volkswagen AG, SAIC Motors, BYD Auto Co. Ltd., BMW Group, Nissan Motor Co. Ltd., Hyundai Group
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028. The operation is done to stop ligament tears and
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - Garrett Motion, Hanon Systems, UQM Technologies, FISCHER Fuel Cell Compressor
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting

All 5 Releases


More Releases for LTE

LTE Market By Components, (Infrastructure, Terminal Equipment, LTE Testing Equip …
The Global LTE Market was valued at $158.49 billion in 2016, and is projected to reach $6,746.66 billion by 2024, having a CAGR of 60.3% during the forecast period of 2017 to 2024. Long Term Evolution (LTE) is a 4G wireless broadband technology which is capable to provide a data speed from 30Mbps to 100 Mbps. LTE supports mixed data, voice, video and messaging traffic. Outside of the US telecommunications market,
2018-2025 LTE Communication Market analysis report with Leading players, Applica …
LTE Communication Market The Global LTE Communication Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The report also analyzes the development proposals and the feasibility of new investments. The LTE Communication Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this research report. To Access PDF
LTE Equipment : CAGR of 21.4% By LTE Market
Press Release - 07 May2018 Global Research and Development News -- . . "LTE Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' ~ Global LTE Equipment Market: Overview The LTE equipment market report provides an in-depth analysis of the global LTE equipment market for the period
Technological Advancements to Influence LTE And LTE Advance Market Growth
Long term evolution (LTE) and its technology extension LTE Advanced (LTE-A) are widely used cellular technologies that significantly improve spectral efficiency by increasing the performance of cellular networks to the highest theoretical downlink speed up to 1 GBPS and reducing latency. With LTE and LTE-Advance the end users of mobile devices get benefitted from enhanced bandwidth and superior performance combined with advanced features. LTE networks enhances content deliver performance to
LTE And LTE Advance Market Forecast Report Offers Actionable Insights
Long term evolution (LTE) and its technology extension LTE Advanced (LTE-A) are widely used cellular technologies that significantly improve spectral efficiency by increasing the performance of cellular networks to the highest theoretical downlink speed up to 1 GBPS and reducing latency. With LTE and LTE-Advance the end users of mobile devices get benefitted from enhanced bandwidth and superior performance combined with advanced features. LTE networks enhances content deliver performance to
Global LTE (LTE-FDD, TD-LTE and LTE Advanced) Market Analysis, Size, Share, Grow …
Researchmoz added Most up-to-date research on "LTE (LTE-FDD, TD-LTE and LTE Advanced) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" to its huge collection of research reports. LTE, an initial of Long Term Evolution and marketed as 4G LTE, is a wireless communication standard for high-speed data for data terminals and mobile phones. LTE technology reduces the cost per gigabyte with enhanced capacity per site.