Private LTE Market 2021 Global Outlook - Arris International Inc., Quortus Ltd., Redline Communications Inc., NEC Corporation

The Private LTE Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Private LTE market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Private LTE market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Private LTE market.

The private LTE market is expected to register a CAGR of 12.63% during the forecast period (2021 - 2026). 

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Top Leading Companies of Private LTE Market are - Arris International Inc., Quortus Ltd., Redline Communications Inc., NEC Corporation, Luminate Wireless Inc., Huawei Technologies Co. Ltd., Ruckus Networks Inc., Qualcomm Technologies Inc., Future Technologies Pvt. Ltd., Sierra Wireless Inc. and others.

Industry News and Updates:

September 2018: Ericsson signed an agreement to acquire CENX, a provider of closed-loop automation and service assurance capabilities.

July 2018: Quortus partnered with Fujitsu on cellular core network technology for private LTE. Under the deal, Fujitsu deployed Quortus network products as a part of its private LTE solutions for enterprises, telecom operators, and large organizations in Japan.

May 2018: Ericsson partnered with Verizon, Qualcomm, and Federated Wireless for commercial deployment of LTE on the CBRS wireless spectrum ecosystem in the United States.

Key Market Trends:

Industrial Segment Expected to Have the Largest Market Share

The significant rates of adoption of the private LTE is expected an increase in industries, due to the penetration of Industry 4.0 and Industrial IoT. LTE has many advantages over Wi-Fi, particularly in industrial environments, ranging from higher coverage and capacity to quality of service and built-in security. Highly optimized just-in-time industrial operations and supply-chain provide connectivity links where a few seconds of downtime can translate into millions of dollars in productivity loss. In the 5G perspective, supply chains have multiple end products with shared components, facilities, and capacities.

Asia-Pacific Expected to Have Significant Growth

The Asia-Pacific region is expected to offer new market opportunities to the vendors of private LTE network. Considering the growth of the private LTE market, Japan, China, and Australia are essential countries in APAC.
Japan and China are the most significant manufacturing economies that produce automobiles, information technology products, and electronic products. The market growth of private LTE in this region is due to the factors, such as the rise in M2M communications, increased smartphone penetration and is supported by the penetration of IoT platforms across various industry verticals such as healthcare, transportation, and manufacturing. This is increasing the demand for private IoT networks enabling enterprises to incorporate different devices for increased reliability and security.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Private LTE Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Private LTE Market (%),2016 - 2026
- Private LTE Market Share, By Brand
- Private LTE Market Share, By Company
- Private LTE Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Private LTE Market Value Analysis & Forecast
- Promising Private LTE Development by Major Companies
- Detailed Private LTE Portfolio of the Major Companies
- Major Deals in the Private LTE Market
- Major Companies Analysis

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