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Private LTE network market to boom by 13.00% over the forecast period 2019-2026

10-02-2019 02:21 PM CET | Media & Telecommunications

Press release from: Orbisresearch.com

Private LTE network market to boom by 13.00% over the forecast

Global Private LTE Network Market is valued approximately USD 2.40 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 13.00% over the forecast period 2019-2026. The Private LTE network is a private network which is a network restricted to one enterprise intended for precisely connecting individuals of that respective enterprise & securing data by eliminating the connection with a core network of the public mobile operators. Moreover, A private LTE network eradicates the restrictions related with a conventional network system which includes Ethernet or Wi-Fi by supporting both machine and human communication on a single network. Rising need for unique and defined network qualities is one of the major factors responsible for high CAGR of the market. Increasing adoption of mobile robotics and machine learning is the major factor that offers growth opportunities. Also, convergence of 5G and private LTE is contributing towards growth of global Private LTE Network market. Further, Private LTE can range from data usage savings and enhanced traffic flow to better infirmity security that regulates their demand across various regions. However, challenges of spectrum fragmentation is one of the major factor that anticipated to hamper the market growth during the forecast period.

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The regional analysis of global Private LTE Network market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising adoption of Private LTE and network rising demand for smart connected systems across various industry verticals in the region. Europe also contributes a significant growth in the global Private LTE Network market during the forecast period. Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026 due to increasing applications and demand from manufacturing and industrial sector across the region.

Major market player included in this report are:
Nokia
Huawei
Alphabet
Qualcomm
Comba
Casa Systems
Lemko Corporation
General Dynamics
Sirran Communications
Duons

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Type:
Fixed LTE Solutions
Deployable LTE Solutions
Others
By Application:
Public Safety
Energy & Utilities
Transportation
Military
Hospital
Others

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Private LTE Network Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Table of Contents

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
1.3.1. Private LTE Network Market, by Type, 2016-2026 (USD Billion)
1.3.2. Private LTE Network Market, by Application, 2016-2026 (USD Billion)
1.3.3. Private LTE Network Market, by Region, 2016-2026 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Private LTE Network Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Private LTE Network Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Private LTE Network Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Key Buying Criteria (On Demand)
4.4. Regulatory Framework (On Demand)
4.5. Investment Vs Adoption Scenario (On Demand)
4.6. Analyst Recommendation & Conclusion
Chapter 5. Global Private LTE Network Market, by Type
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Private LTE Network Market, Sub Segment Analysis

Browse the complete report @ https://www.orbisresearch.com/reports/index/global-private-lte-network-market-forecasts-2019-2026

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