TDD Segment is expected to be the Fastest Growing during the Forecast Period
According to this research study titled “MEA Private LTE Market to 2028 - COVID-19 Impact and Analysis and Forecast by: Component, Type, and End user,” the market is expected to reach US$ 1,131.66 million by 2028 from US$ 406.78 million in 2021. The market is estimated to grow at a CAGR of 15.7% from 2021 to 2028. The report provides trends prevailing in the MEA private LTE market along with the drivers and restraints pertaining to the market growth. Introduction of new industrial and residential use cases in the near future is the major factor driving the growth of the MEA private LTE market. However, issues associated with the rising security issues concerning IoT devices hinder the growth of MEA private LTE market.
The MEA private LTE market is segmented into component, type, end-user, and country. Based on component, the market is segmented into solution and services. The services segment dominated the market in the year 2020 and is also expected to be the fastest growing during forecast period. Based on type, the market is segmented into FDD and TDD. The FDD segment dominated the market in year 2020 and TDD segment is expected to be the fastest growing during the forecast period. Based on end user, the market is segmented into manufacturing, energy & utilities, healthcare, transportation, mining, and others. The manufacturing segment dominated the market in year 2020 and transportation segment is expected to be the fastest growing during the forecast period.
The MEA private LTE market is majorly affected by the disruption in the national and international supply chains. Shutdown of country borders has disturbed the supply chain of several components and parts in the region required in energy & utilities, and power plants. However, despite of adverse consequences of COVID-19, the region is putting efforts to commercialize better connectivity solution across the region. The LTE and 5G penetration in MEA has increased with growing number of mobile subscribers. Therefore countries such as Bahrain, Saudi Arabia, and Qatar are getting high inclined towards 5G. Demand for 5G will gradually increase the market growth in MEA region.
Cisco Systems, Inc; Telefonaktiebolaget LM Ericsson; Huawei Technologies Co.,Ltd.; Samsung Group; CommScope Inc; NetNumber, Inc.; Star Solutions; and Sierra Wireless, Inc. are among the leading companies in the MEA Private LTE market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Huawei’s 5G RAN gNodeB and LTE eNodeB have passed 3GPP’s Security Assurance Specifications (SCAS) test that was conducted by Network Equipment Security Assurance Scheme (NESAS). The tests include network product general security, air interface security, and basic vulnerability testing, such as data and information protection, air interface ciphering and integrity protection, robustness, and fuzz testing.
The report segments the MEA Private LTE market as follows:
MEA Private LTE Market - By Component
MEA Private LTE Market - By Type
MEA Private LTE Market - By End-User
MEA Private LTE Market - By Country
The MEA private LTE market is segmented into component, type, end-user, and country. Based on component, the market is segmented into solution and services. The services segment dominated the market in the year 2020 and is also expected to be the fastest growing during forecast period. Based on type, the market is segmented into FDD and TDD. The FDD segment dominated the market in year 2020 and TDD segment is expected to be the fastest growing during the forecast period. Based on end user, the market is segmented into manufacturing, energy & utilities, healthcare, transportation, mining, and others. The manufacturing segment dominated the market in year 2020 and transportation segment is expected to be the fastest growing during the forecast period.
The MEA private LTE market is majorly affected by the disruption in the national and international supply chains. Shutdown of country borders has disturbed the supply chain of several components and parts in the region required in energy & utilities, and power plants. However, despite of adverse consequences of COVID-19, the region is putting efforts to commercialize better connectivity solution across the region. The LTE and 5G penetration in MEA has increased with growing number of mobile subscribers. Therefore countries such as Bahrain, Saudi Arabia, and Qatar are getting high inclined towards 5G. Demand for 5G will gradually increase the market growth in MEA region.
Cisco Systems, Inc; Telefonaktiebolaget LM Ericsson; Huawei Technologies Co.,Ltd.; Samsung Group; CommScope Inc; NetNumber, Inc.; Star Solutions; and Sierra Wireless, Inc. are among the leading companies in the MEA Private LTE market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Huawei’s 5G RAN gNodeB and LTE eNodeB have passed 3GPP’s Security Assurance Specifications (SCAS) test that was conducted by Network Equipment Security Assurance Scheme (NESAS). The tests include network product general security, air interface security, and basic vulnerability testing, such as data and information protection, air interface ciphering and integrity protection, robustness, and fuzz testing.
The report segments the MEA Private LTE market as follows:
MEA Private LTE Market - By Component
- Solution
- Services - Professional Services
- Managed Services
MEA Private LTE Market - By Type
- FDD
- TDD
MEA Private LTE Market - By End-User
- Manufacturing
- Energy & Utilities
- Healthcare
- Transportation
- Mining
- Others
MEA Private LTE Market - By Country
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
Table of Contents
1. Introduction
3. Research Methodology
4. MEA Private LTE Market Landscape
5. MEA Private LTE Market - Key Industry Dynamics
6. Private LTE Market - MEA Market Analysis
7. MEA Private LTE Market - By Component
8. MEA Private LTE Market - By Type
9. MEA Private LTE Market - By End-User
10. MEA Private LTE Market - Country Analysis
11. Impact of COVID-19 Pandemic on MEA Private LTE Market
12. Private LTE Market - Industry Landscape
13. Private LTE Market- Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cisco Systems, Inc
- CommScope Inc.
- Huawei Technologies Co., Ltd.
- NetNumber, Inc.
- Samsung Group
- Sierra Wireless, Inc.
- Star Solutions
- Telefonaktiebolaget LM Ericsson
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 127 |
| Published | June 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 406.78 Million |
| Forecasted Market Value ( USD | $ 1131.66 Million |
| Compound Annual Growth Rate | 15.7% |
| Regions Covered | Africa, Middle East |
