Private LTE Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The global private LTE market is anticipated to grow at a considerable CAGR of 14.0% during the forecast period. Increasing demand for the effective network is considered as one of the prime factors affecting the growth of the market. Enterprises can use licensed and unlicensed spectrum to position private LTE networks globally. Vendors have enhanced chipsets, infrastructure components, and customer premises equipment (CPE) that qualify private networks to run in two unlicensed frequency bands such as 5 GHz and 3.5 GHz. Additionally, in the US, the 3.5 GHz is considered as a part of the Citizen Broadband Radio Services (CBRS) band whereas MulteFire functions in a 5 GHz band is accepted across the globe except for the US. The accessibility of unlicensed bands can cover the way for enterprises to locate private LTE networks quickly without the intervention of Mobile Network Operation (MNOs), who own these license spectrum bands.

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For instance, in April 2021, Epic entered into partnership with Ericsson to update its existing network and to utilize a 5G radio access network (RAN) to supply 5G services in Malta. The collaboration comprises of sharing of Ericsson Spectrum and Ericsson Antenna System which will be deployed in Epic’s network to provide smooth, speedy, and cost-effective shift to 5G services in Malta.

Global Private LTE Market Report Segment

By Component

  • Infrastructure
  • Services

By Technology

  • FDD
  • TDD

By Deployment Model

  • Centralized
  • Distributed

By End-User

  • Healthcare
  • IT & Telecom
  • Retail & E-commerce
  • Manufacturing
  • Government and Defense
  • Energy and Utility
  • Oil & Gas
  • Education
  • Others

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Private LTE Market Report Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • Affirmed Networks
  • AT&T Intellectual Property.
  • Athonet srl
  • Boingo Wireless, Inc.
  • Casa Systems
  • CommScope, Inc.
  • Druid Software
  • ExteNet Systems
  • FUJITSU
  • General Dynamics Corp
  • Huawei Technologies Co., Ltd.
  • LEMKO CORP

 

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Media Contact:

 

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