openPR Logo
Press release

Private LTE & 5G Network Ecosystem: 2020 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts

10-22-2019 04:31 PM CET | IT, New Media & Software

Press release from: Qurate Business Intelligence

Private LTE & 5G Network Ecosystem: 2020 – 2030 –

With the standardization of features such as MCX (Mission-Critical PTT, Video & Data) services and URLCC (Ultra-Reliable Low-Latency Communications) by the 3GPP, LTE and 5G NR (New Radio) networks are rapidly gaining recognition as an all-inclusive critical communications platform for the delivery of both mission and business critical applications.

By providing authority over wireless coverage and capacity, private LTE and 5G networks ensure guaranteed and secure connectivity, while supporting a wide range of applications – ranging from PTT group communications and real-time video delivery to wireless control and automation in industrial environments. Organizations across the critical communications and industrial IoT (Internet of Things) domains – including public safety agencies, militaries, utilities, oil & gas companies, mining groups, railway & port operators, manufacturers and industrial giants – are making sizeable investments in private LTE networks.

Get Free Sample copy of this Report@
https://www.qurateresearch.com/report/sample/SNS/the-private-lte-5g-network-ecosystem-2020-2030-opportunities-challenges-strategies-industry/QBI-SNS-ICT-534809     

The very first private 5G networks are also beginning to be deployed to serve a diverse array of usage scenarios spanning from connected factory robotics and massive-scale sensor networking to the control of AVGs (Automated Guided Vehicles) and AR/VR (Augmented & Virtual Reality). For example, Daimler's Mercedes-Benz Cars division is establishing a local 5G network to support automobile production processes at its "Factory 56" in Sindelfingen, while the KMA (Korea Military Academy) is installing a dedicated 5G network in its northern Seoul campus to facilitate mixed reality-based military training programs – with a primary focus on shooting and tactical simulations.

In addition, with the emergence of neutral-host small cells, multi-operator connectivity and unlicensed/shared spectrum access schemes, the use of private LTE and 5G networks in enterprise buildings, campuses and public venues is expected to grow significantly over the coming years. The practicality of spectrum sharing schemes such as the three-tiered CBRS (Citizens Broadband Radio Service) framework and Japan's unlicensed sXGP (Shared Extended Global Platform) has already been proven with initial rollouts in locations such as corporate campuses, golf courses, race tracks, stadiums, airports and warehouses.

Make an enquiry before buying this Report@
https://www.qurateresearch.com/report/enquiry/SNS/the-private-lte-5g-network-ecosystem-2020-2030-opportunities-challenges-strategies-industry/QBI-SNS-ICT-534809      

A number of independent neutral-host and wholesale operators are also stepping up with pioneering business models to provide LTE and 5G connectivity services to both mobile operators and enterprises, particularly in indoor settings and locations where it is technically or economically not feasible for traditional operators to deliver substantial wireless coverage and capacity.

Expected to reach $4.7 Billion in annual spending by the end of 2020, 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. The market will further grow at a CAGR of 19% between 2020 and 2023, eventually accounting for nearly $8 Billion by the end of 2023.

We estimate that as much as 30% of these investments – approximately $2.5 Billion – will be directed towards the build-out of private 5G networks which will become preferred wireless connectivity medium to support the ongoing Industry 4.0 revolution for the automation and digitization of factories, warehouses, ports and other industrial premises, in addition to serving other verticals.

Reasons to Purchase The Private Lte & 5G Network Market Report:

Analysing the outlook of the The Private Lte & 5G Network market with the recent trends and SWOT analysis.
Market dynamics scenario, along with growth opportunities of the The Private Lte & 5G Network market in the years to come.
The Private Lte & 5G Network Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects.
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of The Private Lte & 5G Network market.
The Private Lte & 5G Network Market value (USD Million) and volume (Units Million) data for each segment and sub-segment.
Competitive landscape involving the The Private Lte & 5G Network market share of major players, along with the new projects and strategies adopted by players in the past 5 year.
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major The Private Lte & 5G Network market players.

Check the Best Discount on This Report@
https://www.qurateresearch.com/report/Discount/SNS/the-private-lte-5g-network-ecosystem-2020-2030-opportunities-challenges-strategies-industry/QBI-SNS-ICT-534809     

Contact Us:
Web:
www.qurateresearch.com
E-mail:
sales@qurateresearch.com
Ph: US – +13393375221, IN – +919881074592

About Us:
Qurate Business Intelligence delivers unique market research solutions to its customers and help them to get equipped with refined information and market insights derived from reports. We are committed to providing best business services and easy processes to get the same. Qurate Business Intelligence considers themselves as strategic partners of their customers and always shows the keen level of interest to deliver quality.

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 & 5G Network Ecosystem: 2020 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts here

News-ID: 1854734 • Views: 159

More Releases from Qurate Business Intelligence

Big Data in the Insurance Industry: 2018 – 2030 – Opportunities, Challenges, …
“Big Data” originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems. Amid the proliferation
Big Data in the Financial Services Industry: 2018 – 2030 – Opportunities, Ch …
“Big Data” originally emerged as a term to describe datasets whose size is beyond the ability of traditional databases to capture, store, manage and analyze. However, the scope of the term has significantly expanded over the years. Big Data not only refers to the data itself but also a set of technologies that capture, store, manage and analyze large and variable collections of data, to solve complex problems. Amid the proliferation
MICE Travel and Tourism in United States - Market Trends, Opportunities & Growth …
United States MICE travel and tourism market is expected to be more than US$ 17Billion by 2024. Qurate Research added most up-to-date research on “Mice Travel And Tourism In United States - Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2025” to its huge collection of research reports. The in-depth statistical data offers a comprehensive analysis of the market by analysing several crucial Segments, such as Type, Size,
Influenza Vaccines Market 2024 - Market Size, Development and Forecasts
Qurate Research added most up-to-date research on “Influenza Vaccines Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2025” to its huge collection of research reports. The in-depth statistical data offers a comprehensive analysis of the market by analysing several crucial Segments, such as Type, Size, Technology, and Applications. By providing exploratory techniques such as qualitative and quantitative analysis, the report presents a comprehensive analysis of market progression. It presents

All 5 Releases


More Releases for Private

TELERAD TECH Private Limited
TELERAD TECH Private Limited Telerad Tech has been founded by a group of technology innovators and eminent radiologists with the focus to develop products and solutions to address the gaps and needs of Healthcare IT in general, and radiology automation systems in particular. Having partnered with leading a tele-radiology institute and led by technologists with background in developing and deploying automated solutions, Telerad Tech has the best mix of domain understanding
We Have Private Schools, Why Not Private Universities?
Independent education consultant, Adam Caller, wholeheartedly supports the formation of the New College of Humanities in London. The article, reported by the BBC on 20 April 2012 (www.bbc.co.uk/news/education-17772937) by Angela Harrison, reveals that the new private college opening in London will charge £18,000 a year. Critics argue that the college is elite, and will encourage the privatisation of higher education. Currently, the New College of Humanities is affiliated with the
08-17-2011 | Health & Medicine
Sanita
Private by Sanita Runs ‘Private Song’ Contest in Lebanon
(Halat, Lebanon) 16 August 2011 - Private by Sanita is running in Lebanon the ‘Private Song’ contest, an online and offline song guessing and singing game through August 2011. Sanita, leading consumer disposables manufacturer in Lebanon and the Middle East, is a member of INDEVCO Group’s Consumer Products Division. Launched by Private, brand of feminine hygiene products, ‘Private Song’ contest is a 2-part game for all women in Lebanon, aged 13+.
Private jet service climbs
Portsmouth, NH - While private jet charter service is nowhere near the robust levels it enjoyed prior to the economic bloodletting of 2008, the use of private jets is definitely on the upswing. Private jet service in Europe and the U.S. increased 9% in January 2011. Overall, it was up 5.5% last year. Over all, increase in private jet service can be attributed to increased travel of private jets to
eTrending Enters Private Beta
Canadian-based, company officially begins accepting users to test drive medical graphing tools. BAIE D’URFE, QC, APRIL 21ST, 2011: eTrending, a software division of Quebec-based PHD Medical, has announced that their medical cloud-based graphing tool is now up and available for a private beta. Interested parties can fill out an access request form from the sign in page on the website (www.etrending.com). eTrending provides users with a graphically rich software tool that
Private Tuition Myths Dispelled
Simply Learning Tuition’s look back at 2009 dispels some common misconceptions about Private Tuition. According to the press, many parents this year were still wary of admitting that they use a private tutor. The thought of being seen to be ‘spoon feeding’ or pushing their children too hard is a constant worry. However, Nathaniel McCullagh, Director of London based Simply Learning Tuition, suggests this is rarely the reason for employing a