Private LTE Market size exceeded USD 2 billion globally in 2018 and is estimated to grow at over 30% CAGR between 2019 and 2025.
The growth of the private LTE market is due to the increasing deployment of private LTE networks among public safety agencies. These networks allow you to improve situational awareness, reduce response times and obtain more accurate information. To effectively respond to emergency situations, public safety agencies and Emergency Service Provider Organizations (ESPOs) are deploying private LTE networks to provide secure, mission-critical voice, video, and data. For example, in October 2018, Halton Police in Canada partnered with Motorola Solutions to deploy a public safety LTE wireless network for emergency responders. Adding a secure wireless network allowed respondents to share information for context awareness. With the growing demand for secure private networks that provide high operational efficiency with low latency and low cost, it is expected that private LTE networks will be deployed in several end-use enterprises. However, the issue of interoperability between various network platforms is an important challenge in the industry.
A full report of Private LTE Market is available at: https://www.orionmarketreports.com/private-lte-market/26247/#ert_pane1-0
This Report Provides Comprehensive Analysis of Market Growth Engine
• Factors Limiting Market Growth
• Current Market Trend
• Market Structure
• Market Outlook for The Next Few Years Facilities Management (FM) Market
Private LTE Market Segmentations
Based on Component
• Infrastructure
• Services
Based on Technology:
• FDD
• TDD
Based on Deployment Model:
• Centralized
• Distributed
Based on Frequency Band:
• Licensed
• Unlicensed
• Shared spectrum
Based on End user:
• Utilities
• Mining
• Oil and Gas
• Manufacturing
• Transportation and Logistics
• Government and Public Safety
• Healthcare
• Others*
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Private LTE Market Report
• What was the Private LTE Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Private LTE Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Private LTE Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
