The global private LTE market is anticipated to grow at a considerable CAGR of 14.0% during the forecast period. Increasing demand for the effective network is considered as one of the prime factors affecting the growth of the market. Enterprises can use licensed and unlicensed spectrum to position private LTE networks globally. Vendors have enhanced chipsets, infrastructure components, and customer premises equipment (CPE) that qualify private networks to run in two unlicensed frequency bands such as 5 GHz and 3.5 GHz. Additionally, in the US, the 3.5 GHz is considered as a part of the Citizen Broadband Radio Services (CBRS) band whereas MulteFire functions in a 5 GHz band is accepted across the globe except for the US. The accessibility of unlicensed bands can cover the way for enterprises to locate private LTE networks quickly without the intervention of Mobile Network Operation (MNOs), who own these license spectrum bands.
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For instance, in April 2021, Epic entered into partnership with Ericsson to update its existing network and to utilize a 5G radio access network (RAN) to supply 5G services in Malta. The collaboration comprises of sharing of Ericsson Spectrum and Ericsson Antenna System which will be deployed in Epic’s network to provide smooth, speedy, and cost-effective shift to 5G services in Malta.
Global Private LTE Market Report Segment
By Component
- Infrastructure
- Services
By Technology
- FDD
- TDD
By Deployment Model
- Centralized
- Distributed
By End-User
- Healthcare
- IT & Telecom
- Retail & E-commerce
- Manufacturing
- Government and Defense
- Energy and Utility
- Oil & Gas
- Education
- Others
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Private LTE Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Affirmed Networks
- AT&T Intellectual Property.
- Athonet srl
- Boingo Wireless, Inc.
- Casa Systems
- CommScope, Inc.
- Druid Software
- ExteNet Systems
- FUJITSU
- General Dynamics Corp
- Huawei Technologies Co., Ltd.
- LEMKO CORP
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
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