Press release
Private LTE Market 2020 – Global Industry Analysis, Size, Share, Trends, Growth, Opportunities and Forecast 2024
Private LTE market analysis report speaks about the manufacturing process. The process is analysed thoroughly with four points Manufacturers, regional analysis, Segment by Type & Applications and the actual process of whole Private LTE industry.A complete analysis of the competitive landscape of the Private LTE Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost of Private LTE Industry are covered.
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Private LTE Market Description: Most LTE networks are considered public, serving the general public or enterprise subscribers. An LTE network is considered to be private when its main purpose is to connect people/things belonging to an enterprise (normally in an enterprise campus), and where data needs to be kept totally secure by avoiding sending it through the core network of a mobile operator.By deploying their own high capacity, high speed 4G mobile communications capability in the shape of a Private Long Term Evolution (LTE) network, professional organizations can enhance their operational efficiency, innovate more quickly, get closer to their customers and reduce their energy footprint.A Private LTE network frees enterprises from the restrictions of conventional connectivity technologies such as Ethernet, which is secure and reliable but high cost and inflexible, and Wi-Fi, which offers low cost but also lower reliability. It can also support both human and machine communications on a single, reliable network that offers mobility without cumbersome portable radios and that opens up the world of the Internet of Things (IoT).
Private LTE Market Segment by Manufacturers, this report covers
Nokia
Ericsson
Huawei
NEC
Verizon
Cisco
Samsung
Comba
Arris International
Netnumber
General Dynamics
Mavenir
Future Technologies
Redline Communications
Pdvwireless
Quortus
Ambra Solutions
Zinwave
Star Solutions
Druid Software
Cradlepoint, Inc.
Lemko
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Scope of the Report:
From the market perspective, private LTE and 5G as becoming the increasingly preferred approach for delivery in critical communication, industrial IoT, enterprise and campus environments, and public venues. With the introduction of more smart systems into the market, networks of the past are incapable of handling the diversity of growing devices and the increase in customer requirements. These sites will need the adoption of private LTE to meet their customer and industry demands as the internet of things presents connectivity challenges and requirements, such as mobility, security and low latency in applications like real-time surveillance, remote diagnostics and asset management.
The global Private LTE market is valued at 2420 million USD in 2018 and is expected to reach 3540 million USD by the end of 2024, growing at a CAGR of 7.9% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Private LTE.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Private LTE market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Private LTE market by product type and applications/end industries.
Private LTE Market Segment by Regions, regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America, Middle East and Africa
Private LTE Market report provides application, type impact on market. Also research report covers the present scenario of Private LTE Market Consumption forecast, by regional market, type and application, with sales and revenue, from 2019 to 2024.
Private LTE Market Segment by Type, covers
FDD
TDD
Private LTE Market Segment by Applications, can be divided into
Public Safety and Defense
Oil & Gas
Utilities
Mining
Transportation
Others
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Key questions answered in the report:
What will the market growth rate of Private LTE market in 2024?
What are the key factors driving the global Private LTE market?
What are sales, revenue, and price analysis of top manufacturers of Private LTE market?
Who are the distributors, traders and dealers of Private LTE market?
Who are the key vendors in Private LTE market space?
What are the Private LTE market opportunities and threats faced by the vendors in the global Private LTE market?
What are sales, revenue, and price analysis by types, application and regions of Private LTE market?
What are the market opportunities, market risk and market overview of the Private LTE market?
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