Global Private LTE Market Size, Status and Forecast 2021-2027

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).

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.

In 2018, the global Private LTE market size was 2420 million US$ and it is expected to reach 4240 million US$ by the end of 2025, with a CAGR of 8.4% between 2019 and 2025.

Market Analysis and Insights: Global Private LTE Market
The global Private LTE market size is projected to reach US$ 5489.1 million by 2027, from US$ 3121 million in 2020, at a CAGR of 8.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Private LTE market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Private LTE market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Private LTE market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Private LTE market.

Global Private LTE Scope and Market Size
Private LTE market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Private LTE market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
FDD
TDD

Segment by Application
Public Safety and Defense
Oil & Gas
Utilities
Mining
Transportation
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Nokia
Ericsson
Huawei
NEC
Verizon
Cisco
Samsung
Comba
Arris International
Netnumber
General Dynamics
Mavenir
Future Technologies
Redline Communications
Anterix
Quortus
Ambra Solutions
Zinwave
Star Solutions
Druid Software
Cradlepoint, Inc.
Lemko