Press release
LTE IoT Market 2020 Industry Top Leading Players Ericsson, Telstra, Sierra Wireless, Pure software, Telus, Mediatek, Athonet, Netnumber
Global LTE IoT Market is valued approximately at USD 800 million in 2018 and is anticipated to grow with a healthy growth rate of more than 29.0% over the forecast period 2020-2026.The LTE technology is availed to determine stable connectivity between a variety of devices for data transmission to allow industries to deal with the issues associated to predictive maintenance and autonomous production. LTE IoT offers a scalable platform for connecting an extensive range of enterprise, consumers and industrial IoT applications. Through the use of this platforms, it transforms industries by providing devices, machines, sensors, and objects the skill to connect and communicate securely and reliably.
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Some of the leading market players include: Ericsson, Vodafone Group, Telstra, Sierra Wireless, Pure software, Sequans Communications, Telus, Mediatek, Athonet, and Netnumber.
Growing number of IoT connected devices, surging need for long-range connectivity among IoT applications, along with the need for unique and defined network qualities are the few factors responsible for high CAGR of the market over the forecast period.
For instance, as per the Safe At Last Inc., a non-profit organization, it is estimated that the total installed base of Internet of Things (IoT) connected devices is projected to grow to around 75 billion worldwide by 2025, a fivefold increase since 2015 (15.41 billion).
The regional analysis of global LTE IoT 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 the large-scale implementation of LTE IoT tools by organizations and enterprises in the region.
No. Of Pages - 200
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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points within the industry's value chain.
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 Technology:
o LTE-M
o NB-IoT
By Professional Services:
o Professional Services
o Managed Services.
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Target Audience of the Global LTE IoT Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors.
Table Of Content
Chapter 1. Executive Summary
Chapter 2. Global LTE IoT Market Definition and Scope
Chapter 3. Global LTE IoT Market Dynamics
Chapter 4. Global LTE IoT Market Industry Analysis
Chapter 5. Global LTE IoT Market, by Type
Chapter 6. Global LTE IoT Market, by Application
Chapter 7. Global LTE IoT Market, by Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Research Process.
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