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Global Private LTE Market By Component, Service, By Application, By Vertical, By Region, Competition, Forecast & Opportunities, 2024

  • ID: 4758459
  • Report
  • Region: Global
  • 117 pages
  • TechSci Research
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Global Private LTE Market is Forecast to Grow from $1521.49 Million in 2018 to $4965.20 Million by 2024

FEATURED COMPANIES

  • AT&T Inc
  • Cisco Systems Inc
  • Ericsson Inc.
  • NEC Corporation
  • Nokia Corporation
  • QUALCOMM Incorporated.
  • MORE
"Global Private LTE Market By Component (Technology (FDD & TDD), Service (Professional Service & Managed Service)), By Application (Public Safety, Logistics & Supply Chain Management and Asset Management), By Vertical, By Region, Competition, Forecast & Opportunities, 2024"

The global private LTE market is forecast to grow from $ 1521.49 million in 2018 to $ 4965.20 million by 2024, exhibiting a double-digit CAGR of over 21% during the forecast period, on account of increasing demand for connected devices so as to ensure reliable and safe communication between devices. Private LTE is a long-term evolution network designed to serve specific enterprise business or government. Private LTE can be operated by traditional mobile operators or third-party network providers. The network eliminates restrictions associated with conventional network system by supporting both machine and human interaction on a single network. Currently, the market for private LTE is at a nascent stage; however, with the advent of IoT, the global private LTE market is expected to gain traction over the next five years.

Based on the technology, the global private LTE market can be bifurcated into frequency division duplex (FDD) and time division duplex (TDD). FDD technology dominated the private LTE market, however, TDD is expected to grow at the higher CAGR during the forecast period, as TDD is less complex in terms of circuit and have low interference as well. In terms of service, managed service segment is expected to register the fastest CAGR growth during forecast period, as it offers high-quality service with relevant information related to operations, designs and maintenance.

On the basis of application, the global private LTE market can be categorized into public safety, logistics & supply chain management and asset management segments. Public safety segment is anticipated to be the largest contributor to the global private LTE market during the forecast period, owing to challenges faced by government, military and other industries related to network and data security.

Globally, private LTE market is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and Middle East & Africa. North America dominates the global private LTE market and the region is expected to retain its leading position in coming years, on account of early adoption of the technology and presence of leading players in the region.

Major players operating in the global private LTE market include Nokia Corporation, Huawei Technologies Co, Ericsson Inc, NEC Corporation, Verizon Communications etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024

Objective of the Study:
  • To analyze and forecast the global private LTE market size.
  • To classify and forecast the global private LTE market based on component, vertical, application and regional distribution.
  • To identify drivers and challenges for the global private LTE market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global private LTE market.
  • To conduct the pricing analysis for the global private LTE market.
  • To identify and analyze the profile of leading players operating in the global private LTE market.
Some of the leading players in the global private LTE market are Nokia Corporation, Huawei Technologies Co, Ericsson Inc, NEC Corporation, Verizon Communications etc.

The author performed both primary as well as exhaustive secondary research for this study. Initially, the author sourced a list of service providers across the globe. Subsequently, the author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the service providers which could not be identified due to the limitations of secondary research. The author analyzed the service offerings, distribution channels and presence of all major service providers across the globe.

The author calculated the global private LTE market size using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years was made. The author sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these service types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:
  • Private LTE service providers
  • Security and intelligence service providers
  • Research organizations and consulting companies
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to private LTE
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the global private LTE market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Component:
  • Technology
  • - Frequency Division Duplex (FDD)
  • - Time Division Duplex (TDD)
  • Service
  • - Professional Service
  • - Managed Service
Market, by Application:
  • Public Safety
  • Logistics & Supply Chain Management
  • Asset Management
Market, by Vertical:
  • Government & Defense
  • Mining
  • Energy & Utilities
  • Manufacturing
  • Transportation
  • Others
Market, by Region:
  • Asia-Pacific
  • - China
  • - Japan
  • - Australia
  • - South Korea
  • - India
  • Europe
  • - United Kingdom
  • - Germany
  • - France
  • - Italy
  • - Spain
  • North America
  • - United States
  • - Mexico
  • - Canada
  • South America
  • - Brazil
  • - Argentina
  • - Colombia
  • Middle East & Africa
  • - Saudi Arabia
  • - Turkey
  • - South Africa
  • - UAE
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global private LTE market.

Available Customizations:

With the given market data, the author offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
*Note - Custom Research License:

10% specific customization is available free of any additional cost, for both the single user and enterprise license, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.

The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.
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FEATURED COMPANIES

  • AT&T Inc
  • Cisco Systems Inc
  • Ericsson Inc.
  • NEC Corporation
  • Nokia Corporation
  • QUALCOMM Incorporated.
  • MORE
1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Global Private LTE Market Overview

6. Global Private LTE Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.1.1. By Technology (Frequency Division Duplex (FDD) & Time Division Duplex (TDD))
6.2.1.2. By Service (Professional Services and Managed Service)
6.2.2. By Application (Public Safety, Logistics & Supply Chain Management & Asset Management)
6.2.3. By Vertical (Government & Defense, Mining, Energy & Utilities, Manufacturing, Transportation, Others)
6.2.4. By Company
6.2.5. By Region
6.3. Market Attractiveness Index

7. North America Private LTE Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Application
7.2.2. By Vertical
7.2.3. By Country
7.3. North America: Country Analysis
7.3.1. United States Private LTE Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Vertical
7.3.1.3. Competition Outlook
7.3.2. Canada Private LTE Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Vertical
7.3.2.3. Competition Outlook
7.3.3. Mexico Private LTE Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Vertical
7.3.3.3. Competition Outlook

8. Europe Private LTE Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Application
8.2.2. By Vertical
8.2.3. By Country
8.3. Europe: Country Analysis
8.3.1. United Kingdom Private LTE Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Vertical
8.3.1.3. Competition Outlook
8.3.2. Germany Private LTE Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Vertical
8.3.2.3. Competition Outlook
8.3.3. France Private LTE Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Vertical
8.3.3.3. Competition Outlook
8.3.4. Italy Private LTE Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Vertical
8.3.4.3. Competition Outlook
8.3.5. Spain Private LTE Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Vertical
8.3.5.3. Competition Outlook

9. Asia-Pacific Private LTE Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Application
9.2.2. By Vertical
9.2.3. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China Private LTE Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Vertical
9.3.1.3. Competition Outlook
9.3.2. Japan Private LTE Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Vertical
9.3.2.3. Competition Outlook
9.3.3. Australia Private LTE Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Vertical
9.3.3.3. Competition Outlook
9.3.4. South Korea Private LTE Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Application
9.3.4.2.2. By Vertical
9.3.4.3. Competition Outlook
9.3.5. India Private LTE Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Component
9.3.5.2.2. By Vertical
9.3.5.3. Competition Outlook

10. Middle East & Africa Private LTE Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Application
10.2.2. By Vertical
10.2.3. By Country
10.3. MEA: Country Analysis
10.3.1. Saudi Arabia Private LTE Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Vertical
10.3.1.3. Competition Outlook
10.3.2. Turkey Private LTE Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Vertical
10.3.2.3. Competition Outlook
10.3.3. South Africa Private LTE Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Vertical
10.3.3.3. Competition Outlook
10.3.4. United Arab Emirates Private LTE Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Component
10.3.4.2.2. By Vertical
10.3.4.3. Competition Outlook

11. South America Private LTE Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Application
11.2.2. By Vertical
11.2.3. By Country
11.3. South America: Country Analysis
11.3.1. Brazil Private LTE Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Component
11.3.1.2.2. By Vertical
11.3.1.3. Competition Outlook
11.3.2. Argentina Private LTE Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Component
11.3.2.2.2. By Vertical
11.3.2.3. Competition Outlook
11.3.3. Colombia Private LTE Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Component
11.3.3.2.2. By Vertical
11.3.3.3. Competition Outlook

12. Market Dynamics
12.1. Drivers
12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (Partial List of Leading Companies)
14.2.1. Nokia Corporation
14.2.2. Huawei Technologies Co., Ltd
14.2.3. Ericsson Inc.
14.2.4. NEC Corporation
14.2.5. QUALCOMM Incorporated.
14.2.6. Verizon Communications Inc.
14.2.7. AT&T Inc
14.2.8. Cisco Systems Inc
14.2.9. General Dynamics Corporation
14.2.10. Samsung Electronics Co Ltd.

15. Strategic Recommendations

(Note: The companies list can be customized based on the client request)

*Full List of Figures and Tables Available on Enquiry.
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  • Nokia Corporation
  • Huawei Technologies Co., Ltd
  • Ericsson Inc.
  • NEC Corporation
  • QUALCOMM Incorporated.
  • Verizon Communications Inc.
  • AT&T Inc
  • Cisco Systems Inc
  • General Dynamics Corporation
  • Samsung Electronics Co Ltd.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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