The global private LTE market is anticipated to grow at a considerable CAGR of 14.0% during the forecast period (2021-2027). 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.
Browse the full report description of "Global Private LTE Market Size, Share & Trends Analysis Report By Component (Infrastructure, Services), By Technology (FDD, TDD), By Deployment Model (Centralized, Distributed) and By End-User (Healthcare, IT & Telecom, Retail & E-commerce, Manufacturing, Government and Defense, Energy and Utility, Oil & Gas, Education, Others) Forecast Period (2021-2027)" at https://www.omrglobal.com/industry-reports/private-lte-market
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.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Component
o By Technology
o By Deployment Model
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Affirmed Networks, AT&T Intellectual Propert, Athonet srl, Boingo Wireless, Inc., Casa Systems, and CommScope, Inc.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
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
Global Private LTE Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa