Private LTE Market Size Analysis, Segments, Growth and Value Chain Forecast 2022- 2031

Japan, Japan, Thu, 14 Apr 2022 11:21:11 / Comserve Inc. / -- Private LTE Market With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast

"A research report on Private LTE Market was added by SDKI in its database which discusses the product as well as the scope of its market in detail. The report provides the business clients with an in-depth overview of the market, giving an analysis of the market trends, market size, market value and market growth over the forecast period on a compound as well as on a yearly basis. Further, the market study gives an overview of the industry on the basis of several factors such as the geographical extent, market segmentation, growth drivers and challenges prevalent in the market.

Download Sample of This Strategic Report: https://www.sdki.jp/sample-request-77128

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 g 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, global private LTE market is expected to gain traction over the next five years.

Based on the technology, 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, 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 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 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.

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

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

SDKI calculated 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. SDKI 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 by SDKI.

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, 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:
o Technology
 Frequency Division Duplex (FDD)
 Time Division Duplex (TDD)
o Service
 Professional Service
 Managed Service
• Market, by Application:
o Public Safety
o Logistics & Supply Chain Management
o Asset Management
• Market, by Vertical:
o Government & Defense
o Mining
o Energy & Utilities
o Manufacturing
o Transportation
o Others

Get a Sample Copy of the Report: https://www.sdki.jp/sample-request-77128

Table of Content

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

Get More Info: Private LTE Market"

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

The post Private LTE Market Size Analysis, Segments, Growth and Value Chain Forecast 2022- 2031 appeared first on Comserveonline.