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PUBLISHER: IMARC | PRODUCT CODE: 1451455
PUBLISHER: IMARC | PRODUCT CODE: 1451455
Private LTE Market Report by Component, Technology, Frequency Band, Deployment Model, Industry Vertical, and Region 2024-2032
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PAGES: 142 Pages
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The global private LTE market size reached US$ 5.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.6 Billion by 2032, exhibiting a growth rate (CAGR) of 10.83% during 2024-2032.
Private long-term evolution (LTE) refers to a cellular network system that provides individual network services independent of any carrier. It includes hardware, mobile core software, subscriber identification module (SIM) cards and network orchestration software that can be configured to support the specific requirements of an individual or an enterprise. Private LTE utilizes localized micro towers and small cells to provide enhanced connectivity, modify applications and reduce latency in the network. In comparison to public LTE, private LTE runs on its dedicated equipment and offers independent coverage, security, and performance. As a result, private LTE finds extensive applications across various industries, such as education, healthcare, manufacturing, oil and gas, energy and utility, retail and e-commerce, information technology (IT) and telecommunication.
Private LTE Market Trends:
Significant growth in the telecommunication industry across the globe is one of the key factors creating a positive outlook for the market. Private LTE provides improved bandwidth and data transfer speeds that prevent unstable internet connections during video and audio calls. Additionally, the widespread product utilization in smartphones and smart home devices, such as security alarms, connected city streetlights, smart waste management and wearable fitness and health trackers, is favouring the market growth. Moreover, various technological advancements, such as the integration of communication systems with artificial intelligence (AI) and the Internet of Things (IoT) solutions to provide seamless connectivity, enhanced security, outdoor coverage, and low latency, are providing a thrust to the market growth. These technologies analyse, optimize, and improve the data and maintain the confidentiality of sensitive information within the network. Other factors, including the increasing demand for wireless networks across organizations, along with the widespread product adoption in the medical industry for improved communications between healthcare systems, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global private LTE market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, technology, frequency band, deployment model and industry vertical.
Breakup by Component:
Infrastructure
Service
Breakup by Technology:
FDD
TDD
Breakup by Frequency Band:
Licensed
Unlicensed
Shared Spectrum
Breakup by Deployment Model:
Centralized
Distributed
Breakup by Industry Vertical:
Healthcare
IT and Telecom
Manufacturing, Retail and E-commerce
Government and Defense
Energy and Utility
Oil and Gas
Education
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Airspan Networks Inc., ASOCS Ltd., Casa Systems Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Limited, CommScope Inc., Druid Software Limited, Huawei Technologies Co. Ltd., Nokia Corporation, Qualcomm Incorporated, Sierra Wireless Inc and Telefonica S.A.
Key Questions Answered in This Report
- 1. What was the size of the global private LTE market in 2023?
- 2. What is the expected growth rate of the global private LTE market during 2024-2032?
- 3. What are the key factors driving the global private LTE market?
- 4. What has been the impact of COVID-19 on the global private LTE market?
- 5. What is the breakup of the global private LTE market based on the component?
- 6. What is the breakup of the global private LTE market based on the technology?
- 7. What is the breakup of the global private LTE market based on the frequency band?
- 8. What is the breakup of the global private LTE market based on the deployment model?
- 9. What is the breakup of the global private LTE market based on the industry vertical?
- 10. What are the key regions in the global private LTE market?
- 11. Who are the key players/companies in the global private LTE market?
Product Code: SR112024A4833
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Private LTE Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Infrastructure
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Service
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Technology
- 7.1 FDD
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 TDD
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Frequency Band
- 8.1 Licensed
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Unlicensed
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Shared Spectrum
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Deployment Model
- 9.1 Centralized
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Distributed
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Industry Vertical
- 10.1 Healthcare
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 IT and Telecom
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Manufacturing, Retail and E-commerce
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Government and Defense
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Energy and Utility
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 10.6 Oil and Gas
- 10.6.1 Market Trends
- 10.6.2 Market Forecast
- 10.7 Education
- 10.7.1 Market Trends
- 10.7.2 Market Forecast
- 10.8 Others
- 10.8.1 Market Trends
- 10.8.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Airspan Networks Inc.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.2 ASOCS Ltd.
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.3 Casa Systems Inc.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.4 Cisco Systems Inc.
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 Comba Telecom Systems Holdings Limited
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.6 CommScope Inc.
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 Druid Software Limited
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 Huawei Technologies Co. Ltd.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 SWOT Analysis
- 16.3.9 Nokia Corporation
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.9.4 SWOT Analysis
- 16.3.10 Qualcomm Incorporated
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis
- 16.3.11 Sierra Wireless Inc
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.11.3 Financials
- 16.3.11.4 SWOT Analysis
- 16.3.12 Telefonica S.A.
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.12.3 Financials
- 16.3.12.4 SWOT Analysis
- 16.3.1 Airspan Networks Inc.
Product Code: SR112024A4833
List of Figures
- Figure 1: Global: Private LTE Market: Major Drivers and Challenges
- Figure 2: Global: Private LTE Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Private LTE Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Private LTE Market: Breakup by Component (in %), 2023
- Figure 5: Global: Private LTE Market: Breakup by Technology (in %), 2023
- Figure 6: Global: Private LTE Market: Breakup by Frequency Band (in %), 2023
- Figure 7: Global: Private LTE Market: Breakup by Deployment Model (in %), 2023
- Figure 8: Global: Private LTE Market: Breakup by Industry Vertical (in %), 2023
- Figure 9: Global: Private LTE Market: Breakup by Region (in %), 2023
- Figure 10: Global: Private LTE (Infrastructure) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Private LTE (Infrastructure) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Private LTE (Service) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Private LTE (Service) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Private LTE (FDD) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Private LTE (FDD) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Private LTE (TDD) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Private LTE (TDD) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Private LTE (Licensed) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Private LTE (Licensed) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Private LTE (Unlicensed) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Private LTE (Unlicensed) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Private LTE (Shared Spectrum) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Private LTE (Shared Spectrum) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Private LTE (Centralized) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Private LTE (Centralized) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Private LTE (Distributed) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Private LTE (Distributed) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Private LTE (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Private LTE (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Private LTE (IT and Telecom) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Private LTE (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Private LTE (Manufacturing, Retail and E-commerce) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Private LTE (Manufacturing, Retail and E-commerce) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Private LTE (Government and Defense) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Private LTE (Government and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: Private LTE (Energy and Utility) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: Private LTE (Energy and Utility) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Global: Private LTE (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Global: Private LTE (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Global: Private LTE (Education) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Global: Private LTE (Education) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Global: Private LTE (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Global: Private LTE (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: North America: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: North America: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: United States: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: United States: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Canada: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Canada: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Asia-Pacific: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Asia-Pacific: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: China: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: China: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Japan: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Japan: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: India: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: India: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: South Korea: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: South Korea: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Australia: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Australia: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Indonesia: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Indonesia: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Others: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Others: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Europe: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Europe: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Germany: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Germany: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: France: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: France: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: United Kingdom: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: United Kingdom: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Italy: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Italy: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Spain: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Spain: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Russia: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Russia: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Others: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Others: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Latin America: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 83: Latin America: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Brazil: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 85: Brazil: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 86: Mexico: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 87: Mexico: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 88: Others: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 89: Others: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 90: Middle East and Africa: Private LTE Market: Sales Value (in Million US$), 2018 & 2023
- Figure 91: Middle East and Africa: Private LTE Market: Breakup by Country (in %), 2023
- Figure 92: Middle East and Africa: Private LTE Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 93: Global: Private LTE Industry: SWOT Analysis
- Figure 94: Global: Private LTE Industry: Value Chain Analysis
- Figure 95: Global: Private LTE Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Private LTE Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Private LTE Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 3: Global: Private LTE Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 4: Global: Private LTE Market Forecast: Breakup by Frequency Band (in Million US$), 2024-2032
- Table 5: Global: Private LTE Market Forecast: Breakup by Deployment Model (in Million US$), 2024-2032
- Table 6: Global: Private LTE Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
- Table 7: Global: Private LTE Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 8: Global: Private LTE Market: Competitive Structure
- Table 9: Global: Private LTE Market: Key Players
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