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2021
Private Lte Market

Private LTE Market by Component (Infrastructure and Service), Technology (Frequency Division Duplexing and Time Division Duplexing), Deployment (Centralize and Distributed) Frequency Band (Licensed, Unlicensed, and Shared Spectrum), and Industry Vertical (Healthcare, Retail & E-commerce, IT & Telecom, Manufacturing, Government and Defense, Energy and Utility, Oil and Gas, Education, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

A09453
Pages: 265
Jan 2021 | 2430 Views
   
Author(s) : Rachita Rake & Shreyas Wadodkar
Tables: 66
Charts: 33
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Private LTE Market Statistics - 2027

The global private LTE market size was valued at $3.78 billion in 2019, and is projected to reach at $10.64 billion by 2027, growing at a CAGR of 13.9% from 2020 to 2027. Private LTE technology is type of long-term evolution and it is similar to 5G networks technology. According to the 3-generation partnership program which is mobile telecommunication standards organization it is non-public networks that can be shared, unlicensed, and licensed wireless spectrum. It is used similar to 5G base station, LTE networks and radio access networks (RAN) to transmit data to devices such smartphone, routers, and gateways. It is 4G networking technology that offers reliable, secure, and fast connectivity.  Private LTE offers may benefits over LTE including faster data transfer, able to connect more than one device and lower latency. It is provided by set upping micro towers similar as Wi-Fi routers at place to place and it is scale down version of public cellular networks.

Due to the COVID-19 pandemic, private LTE market is facing several challenges owing to declined consumer demand for smartphones , delay in the deployemnt of 5G networks in most of the regions and other factors which can impact negatively on market expansion.

On the basis of component, the infrastructure segment dominated the overall private LTE market share in 2019, and is expected to continue this trend during the forecast period. This is attributed to increase in adoption of private LTE among enterprises to gain strategic as well as competitive advantage over their competitors. In addition, it helps end users to make quickly & hassle-free data connection and internet calls and online streaming, which drives the growth of the market. However, the service segment is expected to witness highest growth, as these private LTE technologies ensure effective coordination between service provider company and customer by providing implementation & deployment, consulting services, and managed services. The adoption of these technology speeds up new business implementation, maximizes the value of existing mobile and wearable resources by optimizing it, and minimizes the data cost, which further fuel the growth of the market. 

Private-LTE-Market-2020-2027

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In 2019, the global private LTE market was dominated by the frequency division duplexing segment, and is expected to maintain this trend during the private LTE market forecast period as the implementation of private LTE is further helping IT & telecommunication, oil & gas, energy & utility teams of large enterprises to obtain more secure and high-speed personalize private LTE networks. Therefore, private LTE implementation is growing at a rapid pace among industrial vertical, which provides a dynamic and flexible approach. 

Private LTE Market
By Component

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Service segment is projected as one of the most lucrative segments.

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North America dominated the private LTE market share in 2019, owing to high penetration of 5G network and growing use of artificial intelligence (AI) & other smart connected devices in the region. Moreover, surge in need of defined and unique network qualities, increasing need of wireless networks for business due to shifting of business toward digitization, and availability of deployment of unlicensed and shared spectrum in private LTE opportunities for service provider to set up service on the latest technical advances being developed for the high-speed internet. However, Asia-Pacific is expected to exhibit highest growth during the forecast period, owing to strong economic growth along with the ongoing development in the telecom sector, which drives organizations to invest heavily in private LTE to sustain growth and improve productivity. In addition, factors such as major shift toward digital transformation, rise in cloud deployment, and technological advancement among small & medium businesses, and ongoing modernization of telecommunication networks such as 5G networks drive heavy investment in private LTE in emerging economies. Furthermore, key players in Asia-Pacific are focusing on enhancing their operations and increasing their overall efficiency to stay competitive in the market, which is expected to provide lucrative opportunities for the growth of the market during the forecast period. 

The report focuses on the growth prospects, restraints, and private LTE market analysis. The study provides Porter’s five forces analysis of the private LTE industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the private LTE market trends.

Private LTE Market
By Technology

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TDD technology is projected as one of the most lucrative segments.

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Segment review

Private LTE market is segmented on the basis of component, technology, frequency band, industry vertical, and region. By component it is bifurcated into infrastructure and service. By technology, it is bifurcated into frequency division duplexing and time division duplexing. By frequency band, it is categorized into licensed, unlicensed, and shared spectrum. By industry vertical, it is classified into Healthcare, Retail & E-commerce, IT & Telecom, manufacturing, government and defence, energy and utility, oil and gas, education and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Impact of COVID-19 on Private LTE Market:

Post COVID-19, the global private LTE market is estimated to grow from $4.29 billion in 2020, and reach $10.64 billion by 2027, at a CAGR of 13.9%. The COVID-19 pandemic has been a defining moment, The COVID-19 outbreak has low impact on the growth of the global private LTE market, owing to the fact that the government and private sectors in emerging countries are working together to speed up the development of LTE infrastructure in the wake of the pandemic. Moreover, due to the outbreak of COVID-19 pandemic, almost all businesses are working from home or native place. Factors, such as working from home (WFH), and digital transformation of businesses, have become key components in the emergence private LTE. However, during lockdown, the maintenance of private LTE stations and micro towers get hampered due to temporarily closing of manufacturing unit of auxiliary equipment of micro towers significantly. Furthermore, in post-lockdown scenario, private LTE is expected to decline as the demand grows for high-speed private internet, this will grow the market of private LTE globally.

Private LTE Market
By Spectrum

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Shared Spectrum is projected as one of the most lucrative segments.

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Top impacting factors    

The private LTE market growth is driven by factors such as factors such as growing need of defined and unique network qualities, increasing need of wireless networks for business due to shifting of business towards digitization and availability of deployment of unlicensed and shared spectrum in private LTE along with infusion of cloud technology and virtualization and open network model. However, high cost of deployment, issue arising in Interoperability and frequency band interference restrain the growth of the market. Furthermore, upsurge in business use cases of manufacturing, energy & utility, oil and gas. As well as increasing adoption of robotics and artificial intelligence in industry create private LTE market opportunity. Moreover, growing use of industrial IoT and 5G network will opportunistic for global private LTE market.

Increasing need of wireless networks for business due to shifting of business towards digitization:

Due to emergence of high-end technology such as artificial intelligence, internet of things and automation need of high-speed internet is get increases. Businesses are shifting their operations on the various digital platforms such as cloud infrastructure and industrial automation, which surges the need of wireless network for more secure internet and data transfer which can be obtain by private LTE technology. Moreover, due to COVID-19 pandemic lots of people working from home they required high and low-cost internet for their regular work this will drive the market of private LTE globally.  

Private LTE Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific is projected as one of the most significant region.

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Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the Private LTE market along with the current private LTE market trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the Private LTE market size is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the Private LTE market.
  • The quantitative analysis of the market from 2019 to 2027 is provided to determine the private LTE industry potential.

Key Market Segments

  • By Component
    • INFRASTRUCTURE
    • SERVICES
  • By Deployement Model
    • CENTRALIZED
    • DISTRIBUTED
  • By Industry Vertical
    • Healthcare
    • IT & Telecom
    • Retail & E-commerce
    • Manufacturing
    • Government and Defense
    • Energy and Utility
    • Oil and Gas
    • Education
    • Others
  • By Technology
    • FDD
    • TDD
  • By Region
    • North America
      • U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa
  • Frequency Band
    • Licensed
    • Unlicensed
    • Shared Spectrum


Key Market Players

  • ATANDT
  • VERIZON COMMUNICATIONS
  • DEUTSCHE TELEKOM
  • VODAFONE GROUP
  • TELEFONICA
  • NOKIA
  • ERICSSON
  • HUAWEI
  • ZTE CORP
  • CISCO CORPORATION
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY MARKET SEGMENTS
1.3.KEY BENEFITS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER'S FIVE FORCES ANALYSIS

3.3.1.Bargaining power of suppliers
3.3.2.Threat of new entrants
3.3.3.Threat of substitutes
3.3.4.Competitive rivalry
3.3.5.Bargaining power among buyers

3.4.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2019
3.5.MARKET DYNAMICS

3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities

3.6.Impact Of Key Regulation

CHAPTER 4:PRIVATE LTE MARKET BY COMPONENT

4.1.OVERVIEW
4.2.INFRASTRUCTURE

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region 
4.2.3.Market share analysis, by country

4.3.SERVICES

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region 
4.3.3.Market share analysis, by country

CHAPTER 5:PRIVATE LTE MARKET BY TECHNOLOGY

5.1.OVERVIEW
5.2.FDD

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region 
5.2.3.Market share analysis, by country

5.3.TDD

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region 
5.3.3.Market share analysis, by country

CHAPTER 6:PRIVATE LTE MARKET BY DEPLOYMENT MODEL

6.1.OVERVIEW
6.2.CENTRALIZED

6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region 
6.2.3.Market share analysis, by country

6.3.DISTRIBUTED

6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region 
6.3.3.Market share analysis, by country

CHAPTER 7: PRIVATE LTE MARKET BY FREQUENCY BAND

7.1.OVERVIEW
7.2.LICENSED

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by region 
7.2.3.Market share analysis, by country

7.3.UNLICENSED

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by region 
7.3.3.Market share analysis, by country

7.4.SHARED SPECTRUM

7.4.1.Key market trends, growth factors and opportunities
7.4.2.Market size and forecast, by region 
7.4.3.Market share analysis, by country

CHAPTER 8:PRIVATE LTE MARKET BY INDUSTRY VERTICAL

8.1.OVERVIEW
8.2.HEALTHCARE

8.2.1.Key market trends, growth factors and opportunities
8.2.2.Market size and forecast, by region 
8.2.3.Market share analysis, by country

8.3.MANUFACTURING

8.3.1.Key market trends, growth factors and opportunities
8.3.2.Market size and forecast, by region 
8.3.3.Market share analysis, by country

8.4.GOVERNMENT AND DEFENCE 

8.4.1.Key market trends, growth factors and opportunities
8.4.2.Market size and forecast, by region 
8.4.3.Market share analysis, by country

8.5.ENERGY AND UTILITIES

8.5.1.Key market trends, growth factors and opportunities
8.5.2.Market size and forecast, by region 
8.5.3.Market share analysis, by country

8.6.OIL AND GAS

8.6.1.Key market trends, growth factors and opportunities
8.6.2.Market size and forecast, by region 
8.6.3.Market share analysis, by country

8.7.EDUCATION

8.7.1.Key market trends, growth factors and opportunities
8.7.2.Market size and forecast, by region 
8.7.3.Market share analysis, by country

8.8.OTHERS

8.8.1.Key market trends, growth factors and opportunities
8.8.2.Market size and forecast, by region 
8.8.3.Market share analysis, by country

CHAPTER 9:PRIVATE LTE MARKET BY REGION

9.1.OVERVIEW
9.2.NORTH AMERICA

9.2.1.Key market trends and opportunities
9.2.2.Market size and forecast, by component
9.2.3.Market size and forecast, by technology
9.2.4.Market size and forecast, by deployment model
9.2.5.Market size and forecast, by frequency band
9.2.6.Market size and forecast, by industry vertical
9.2.7.Market size and forecast, by Country
9.2.8.U.S.

9.2.8.1.Market size and forecast, by component
9.2.8.2.Market size and forecast, by technology
9.2.8.3.Market size and forecast, by deployment model
9.2.8.4.Market size and forecast, by frequency band
9.2.8.5.Market size and forecast, by industry vertical

9.2.9.Canada

9.2.9.1.Market size and forecast, by component
9.2.9.2.Market size and forecast, by technology
9.2.9.3.Market size and forecast, by deployment model
9.2.9.4.Market size and forecast, by frequency band
9.2.9.5.Market size and forecast, by industry vertical

9.3.EUROPE

9.3.1.Key market trends and opportunities
9.3.2.Market size and forecast, by component
9.3.3.Market size and forecast, by technology
9.3.4.Market size and forecast, by deployment model
9.3.5.Market size and forecast, by frequency band
9.3.6.Market size and forecast, by industry vertical
9.3.7.Market size and forecast, by Country
9.3.8.UK

9.3.8.1.Market size and forecast, by component
9.3.8.2.Market size and forecast, by technology
9.3.8.3.Market size and forecast, by deployment model
9.3.8.4.Market size and forecast, by frequency band
9.3.8.5.Market size and forecast, by industry vertical

9.3.9.Germany

9.3.9.1.Market size and forecast, by component
9.3.9.2.Market size and forecast, by technology
9.3.9.3.Market size and forecast, by deployment model
9.3.9.4.Market size and forecast, by frequency band
9.3.9.5.Market size and forecast, by industry vertical

9.3.10.France

9.3.10.1.Market size and forecast, by component
9.3.10.2.Market size and forecast, by technology
9.3.10.3.Market size and forecast, by deployment model
9.3.10.4.Market size and forecast, by frequency band
9.3.10.5.Market size and forecast, by industry vertical

9.3.11.Rest of Europe

9.3.11.1.Market size and forecast, by component
9.3.11.2.Market size and forecast, by technology
9.3.11.3.Market size and forecast, by deployment model
9.3.11.4.Market size and forecast, by frequency band
9.3.11.5.Market size and forecast, by industry vertical

9.4.ASIA-PACIFIC

9.4.1.Key market trends and opportunities
9.4.2.Market size and forecast, by component
9.4.3.Market size and forecast, by technology
9.4.4.Market size and forecast, by deployment model
9.4.5.Market size and forecast, by frequency band
9.4.6.Market size and forecast, by industry vertical
9.4.7.Market size and forecast, by Country
9.4.8.China

9.4.8.1.Market size and forecast, by component
9.4.8.2.Market size and forecast, by technology
9.4.8.3.Market size and forecast, by deployment model
9.4.8.4.Market size and forecast, by frequency band
9.4.8.5.Market size and forecast, by industry vertical

9.4.9.India

9.4.9.1.Market size and forecast, by component
9.4.9.2.Market size and forecast, by technology
9.4.9.3.Market size and forecast, by deployment model
9.4.9.4.Market size and forecast, by frequency band
9.4.9.5.Market size and forecast, by industry vertical

9.4.10.Japan

9.4.10.1.Market size and forecast, by component
9.4.10.2.Market size and forecast, by technology
9.4.10.3.Market size and forecast, by deployment model
9.4.10.4.Market size and forecast, by frequency band
9.4.10.5.Market size and forecast, by industry vertical

9.4.11.Rest of Asia-Pacific

9.4.11.1.Market size and forecast, by component
9.4.11.2.Market size and forecast, by technology
9.4.11.3.Market size and forecast, by deployment model
9.4.11.4.Market size and forecast, by frequency band
9.4.11.5.Market size and forecast, by industry vertical

9.5.LAMEA

9.5.1.Key market trends and opportunities
9.5.2.Market size and forecast, by component
9.5.3.Market size and forecast, by technology
9.5.4.Market size and forecast, by deployment model
9.5.5.Market size and forecast, by frequency band
9.5.6.Market size and forecast, by industry vertical
9.5.7.Market size and forecast, by Country
9.5.8.Latin America

9.5.8.1.Market size and forecast, by component
9.5.8.2.Market size and forecast, by technology
9.5.8.3.Market size and forecast, by deployment model
9.5.8.4.Market size and forecast, by frequency band
9.5.8.5.Market size and forecast, by industry vertical

9.5.9.Middle East

9.5.9.1.Market size and forecast, by component
9.5.9.2.Market size and forecast, by technology
9.5.9.3.Market size and forecast, by deployment model
9.5.9.4.Market size and forecast, by frequency band
9.5.9.5.Market size and forecast, by industry vertical

9.5.10.Africa

9.5.10.1.Market size and forecast, by component
9.5.10.2.Market size and forecast, by technology
9.5.10.3.Market size and forecast, by deployment model
9.5.10.4.Market size and forecast, by frequency band
9.5.10.5.Market size and forecast, by industry vertical

CHAPTER 10:COMPANY PROFILES

10.1. ATANDT

10.1.1.Company overview
10.1.2.Key Executives
10.1.3.Company snapshot
10.1.4.Operating business segments
10.1.5.Product portfolio
10.1.6.Business performance
10.1.7.Key strategic moves and developments

10.2.VERIZON COMMUNICATIONS 

10.2.1.Company overview
10.2.2.Key Executives
10.2.3.Company snapshot
10.2.4.Operating business segments
10.2.5.Product portfolio
10.2.6.Business performance
10.2.7.Key strategic moves and developments

10.3.DEUTSCHE TELEKOM

10.3.1.Company overview
10.3.2.Key Executives
10.3.3.Company snapshot
10.3.4.Operating business segments
10.3.5.Product portfolio
10.3.6.Business performance
10.3.7.Key strategic moves and developments

10.4.VODAFONE GROUP

10.4.1.Company overview
10.4.2.Key Executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.Business performance
10.4.7.Key strategic moves and developments

10.5.TELEFONICA

10.5.1.Company overview
10.5.2.Key Executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.Business performance
10.5.7.Key strategic moves and developments

10.6.NOKIA

10.6.1.Company overview
10.6.2.Key Executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.Business performance
10.6.7.Key strategic moves and developments

10.7.ERICSSON

10.7.1.Company overview
10.7.2.Key Executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.Business performance
10.7.7.Key strategic moves and developments

10.8.HUAWEI

10.8.1.Company overview
10.8.2.Key Executives
10.8.3.Company snapshot
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.Business performance
10.8.7.Key strategic moves and developments

10.9.ZTE CORP

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Operating business segments
10.9.5.Product portfolio
10.9.6.Business performance
10.9.7.Key strategic moves and developments

10.10.CISCO CORPORATION

10.10.1.Company overview
10.10.2.Key Executives
10.10.3.Company snapshot
10.10.4.Operating business segments
10.10.5.Product portfolio
10.10.6.Business performance
10.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 1.GLOBAL PRIVATE LTE MARKET, BY COMPONENT 2019-2027 ($MILLION)
TABLE 2.PRIVATE LTE MARKET FOR INFRASTRUCTURE, BY REGION,  2019-2027 ($MILLION)
TABLE 3.PRIVATE LTE MARKET FOR SERVICES, BY REGION,  2019-2027 ($MILLION)
TABLE 4.GLOBAL PRIVATE LTE MARKET, BY TECHNOLOGY 2019-2027 ($MILLION)
TABLE 5.PRIVATE LTE MARKET FOR FDD, BY REGION,  2019-2027 ($MILLION)
TABLE 6.PRIVATE LTE MARKET FOR TDD, BY REGION,  2019-2027 ($MILLION)
TABLE 7.GLOBAL PRIVATE LTE MARKET, BY DEPLOYMENT MODEL 2019-2027 ($MILLION)
TABLE 8.PRIVATE LTE MARKET FOR CENTRALIZED, BY REGION,  2019-2027 ($MILLION)
TABLE 9.PRIVATE LTE MARKET FOR DISTRIBUTED, BY REGION,  2019-2027 ($MILLION)
TABLE 10.GLOBAL PRIVATE LTE MARKET, BY FREQUENCY BAND 2019-2027 ($MILLION)
TABLE 11.PRIVATE LTE MARKET FOR LICENSED, BY REGION,  2019-2027 ($MILLION)
TABLE 12.PRIVATE LTE MARKET FOR UNLICENSED, BY REGION,  2019-2027 ($MILLION)
TABLE 13.PRIVATE LTE MARKET FOR SHARED SPECTRUM, BY REGION,  2019-2027 ($MILLION)
TABLE 14.GLOBAL PRIVATE LTE MARKET, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 15.PRIVATE LTE MARKET FOR HEALTHCARE, BY REGION,  2019-2027 ($MILLION)
TABLE 16.PRIVATE LTE MARKET FOR MANUFACTURING, BY REGION,  2019-2027 ($MILLION)
TABLE 17.PRIVATE LTE MARKET FOR GOVERNMENT AND DEFENCE , BY REGION,  2019-2027 ($MILLION)
TABLE 18.PRIVATE LTE MARKET FOR ENERGY AND UTILITIES, BY REGION,  2019-2027 ($MILLION)
TABLE 19.PRIVATE LTE MARKET FOR OIL AND GAS, BY REGION,  2019-2027 ($MILLION)
TABLE 20.PRIVATE LTE MARKET FOR EDUCATION, BY REGION,  2019-2027 ($MILLION)
TABLE 21.PRIVATE LTE MARKET FOR OTHERS, BY REGION,  2019-2027 ($MILLION)
TABLE 22.PRIVATE LTE MARKET FOR , BY REGION, , 2019-2027 ($MILLION)
TABLE 23.NORTH AMERICA PRIVATE LTE, BY COMPONENT 2019-2027 ($MILLION)
TABLE 24.NORTH AMERICA PRIVATE LTE, BY TECHNOLOGY 2019-2027 ($MILLION)
TABLE 25.NORTH AMERICA PRIVATE LTE, BY DEPLOYMENT MODEL 2019-2027 ($MILLION)
TABLE 26.NORTH AMERICA PRIVATE LTE, BY FREQUENCY BAND 2019-2027 ($MILLION)
TABLE 27.NORTH AMERICA PRIVATE LTE, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 28.NORTH AMERICA PRIVATE LTE, BY REGION,  2019-2027 ($MILLION)
TABLE 29.EUROPE PRIVATE LTE, BY COMPONENT 2019-2027 ($MILLION)
TABLE 30.EUROPE PRIVATE LTE, BY TECHNOLOGY 2019-2027 ($MILLION)
TABLE 31.EUROPE PRIVATE LTE, BY DEPLOYMENT MODEL 2019-2027 ($MILLION)
TABLE 32.EUROPE PRIVATE LTE, BY FREQUENCY BAND 2019-2027 ($MILLION)
TABLE 33.EUROPE PRIVATE LTE, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 34.EUROPE PRIVATE LTE, BY REGION,  2019-2027 ($MILLION)
TABLE 35.ASIA-PACIFIC PRIVATE LTE, BY COMPONENT 2019-2027 ($MILLION)
TABLE 36.ASIA-PACIFIC PRIVATE LTE, BY TECHNOLOGY 2019-2027 ($MILLION)
TABLE 37.ASIA-PACIFIC PRIVATE LTE, BY DEPLOYMENT MODEL 2019-2027 ($MILLION)
TABLE 38.ASIA-PACIFIC PRIVATE LTE, BY FREQUENCY BAND 2019-2027 ($MILLION)
TABLE 39.ASIA-PACIFIC PRIVATE LTE, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 40.ASIA-PACIFIC PRIVATE LTE, BY REGION,  2019-2027 ($MILLION)
TABLE 41.LAMEA PRIVATE LTE, BY COMPONENT 2019-2027 ($MILLION)
TABLE 42.LAMEA PRIVATE LTE, BY TECHNOLOGY 2019-2027 ($MILLION)
TABLE 43.LAMEA PRIVATE LTE, BY DEPLOYMENT MODEL 2019-2027 ($MILLION)
TABLE 44.LAMEA PRIVATE LTE, BY FREQUENCY BAND 2019-2027 ($MILLION)
TABLE 45.LAMEA PRIVATE LTE, BY INDUSTRY VERTICAL 2019-2027 ($MILLION)
TABLE 46.LAMEA PRIVATE LTE, BY REGION,  2019-2027 ($MILLION)
TABLE 47.ATANDT: COMPANY SNAPSHOT
TABLE 48.ATANDT: OPERATING SEGMENTS
TABLE 49.VERIZON COMMUNICATIONS : COMPANY SNAPSHOT
TABLE 50.VERIZON COMMUNICATIONS : OPERATING SEGMENTS
TABLE 51.DEUTSCHE TELEKOM: COMPANY SNAPSHOT
TABLE 52.DEUTSCHE TELEKOM: OPERATING SEGMENTS
TABLE 53.VODAFONE GROUP: COMPANY SNAPSHOT
TABLE 54.VODAFONE GROUP: OPERATING SEGMENTS
TABLE 55.TELEFONICA: COMPANY SNAPSHOT
TABLE 56.TELEFONICA: OPERATING SEGMENTS
TABLE 57.NOKIA: COMPANY SNAPSHOT
TABLE 58.NOKIA: OPERATING SEGMENTS
TABLE 59.ERICSSON: COMPANY SNAPSHOT
TABLE 60.ERICSSON: OPERATING SEGMENTS
TABLE 61.HUAWEI: COMPANY SNAPSHOT
TABLE 62.HUAWEI: OPERATING SEGMENTS
TABLE 63.ZTE CORP: COMPANY SNAPSHOT
TABLE 64.ZTE CORP: OPERATING SEGMENTS
TABLE 65.CISCO CORPORATION: COMPANY SNAPSHOT
TABLE 66.CISCO CORPORATION: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1.GLOBAL PRIVATE LTE MARKET SEGMENTATION
FIGURE 2.TOP INVESTMENT POCKET
FIGURE 3.TOP WINNING STRATEGIES (%)
FIGURE 4.PRIVATE LTE MARKET FOR INFRASTRUCTURE, 2019-2027 ($MILLION)
FIGURE 5.PRIVATE LTE MARKET FOR SERVICES, 2019-2027 ($MILLION)
FIGURE 6.PRIVATE LTE MARKET FOR FDD, 2019-2027 ($MILLION)
FIGURE 7.PRIVATE LTE MARKET FOR TDD, 2019-2027 ($MILLION)
FIGURE 8.PRIVATE LTE MARKET FOR CENTRALIZED, 2019-2027 ($MILLION)
FIGURE 9.PRIVATE LTE MARKET FOR DISTRIBUTED, 2019-2027 ($MILLION)
FIGURE 10.PRIVATE LTE MARKET FOR LICENSED, 2019-2027 ($MILLION)
FIGURE 11.PRIVATE LTE MARKET FOR UNLICENSED, 2019-2027 ($MILLION)
FIGURE 12.PRIVATE LTE MARKET FOR SHARED SPECTRUM, 2019-2027 ($MILLION)
FIGURE 13.PRIVATE LTE MARKET FOR HEALTHCARE, 2019-2027 ($MILLION)
FIGURE 14.PRIVATE LTE MARKET FOR MANUFACTURING, 2019-2027 ($MILLION)
FIGURE 15.PRIVATE LTE MARKET FOR GOVERNMENT AND DEFENCE , 2019-2027 ($MILLION)
FIGURE 16.PRIVATE LTE MARKET FOR ENERGY AND UTILITIES, 2019-2027 ($MILLION)
FIGURE 17.PRIVATE LTE MARKET FOR OIL AND GAS, 2019-2027 ($MILLION)
FIGURE 18.PRIVATE LTE MARKET FOR EDUCATION, 2019-2027 ($MILLION)
FIGURE 19.PRIVATE LTE MARKET FOR OTHERS, 2019-2027 ($MILLION)
FIGURE 20.GLOBAL PRIVATE LTE, BY REGION,  2019 (%)
FIGURE 21.U.S. PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 22.CANADA PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 23.UK PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 24.GERMANY PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 25.FRANCE PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 26.REST OF EUROPE PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 27.CHINA PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 28.INDIA PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 29.JAPAN PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 30.REST OF ASIA-PACIFIC PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 31.LATIN AMERICA PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 32.MIDDLE EAST PRIVATE LTE MARKET, 2019-2027 ($MILLION)
FIGURE 33.AFRICA PRIVATE LTE MARKET, 2019-2027 ($MILLION)

 
 

The adoption of private LTE technology has increased over the period to deliver reliable and consistent experiences for their subscribers. In addition, the ability of these service to provide various opportunities for businesses to reduce the cost of data and communication to run the business efficiently is increasing its popularity among end users. Furthermore, many healthcare, retail & e-commerce, IT & Telecom, and manufacturing industries are investing in private LTE to increase speed of internet and reduce network-related issues in organizations, which is impacting positively on the growth of the market.

The market is expected to witness significant growth in the future due to increase in use of 5G networks in domestic user and rise in adoption of artificial intelligence-oriented business models among organizations. For instance, organization such as AT &T, Ericsson, Huawei Technology, and Nokia Corporation having heavy users of private LTE technology to enhance internet streaming quality and reduce communication cost. The global private LTE market is moderately concentrated, and companies are focusing on leveraging new technologies for offering advance private LTE solutions to meet the evolving user requirements. Moreover, rise in investments in artificial intelligence & tools among every industry vertical is boosting the revenue growth.

In the current business scenario, substantial rise has been experienced in the usage of private LTE technology across Asia-Pacific. This is attributed to the fact that large population in this region has created an extensive pool of mobile subscribers for telecom companies. Moreover, the region is the largest contributor to the total number of mobile subscribers across the globe, and is expected to add more subscribers to its network in the upcoming years. Asia-Pacific is further anticipated to heavy growth in private LTE deployments in the upcoming years, due to its size; diversity; major shift toward digital transformation; and the logical lead taken by countries, including China, South Korea, and Japan.

The presence of a large number of providers in the global private LTE market increases the competitive rivalry among the key players. Therefore, private LTE providers are differentiating themselves from competitors and driving revenue growth by incorporating new digital business technologies such as artificial intelligence, machine learning, 5G networks, and low-cost data into their offerings to gain a competitive edge and retain their market position. The market is considerably concentrated with major players consuming significant market share. The degree of concentration will remain the same during the forecast period. The vendors operating in the market are taking several initiatives such as new product launches and partnership to stay competitive in the market and to strengthen their foothold in the market.

For instance, the North Eastern part of the Asia-Pacific region is the most populated area and has generated the largest mobile data traffic share of around 30%, globally in 2019. As well as in year 2020 private LTE is launched by 165 operators in 49 countries of Asia-Pacific. The emerging mobile internet subscriptions is another factor adding to the regional market demand. In the current business scenario, substantial rise has been experienced in the usage of private LTE networks across Asia-Pacific. This is attributed to the fact that large population in this region has created an extensive pool of mobile subscribers for telecom companies. Moreover, the region is the largest contributor to the total number of mobile subscribers and connected devices across the globe, and is expected to add more subscribers to its network in the upcoming years.

North America is further anticipated to dominate private LTE market in the upcoming years, due to its technological advancement and major shift toward digital transformation. As well as Asia-Pacific region is highest growing region in private LTE market due to its size and the logical lead taken by countries, including China, South Korea, and Japan. Furthermore, continuous increase in mobile data traffic is positively impacting the private LTE market growth 

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