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LTE & 5G NR-based CBRS Networks Market Share

Report ID: GMI11117
Published Date: Aug 2024
Report Format: PDF

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LTE & 5G NR-based CBRS Networks Market Share

Qualcomm, Nokia, and Ericsson collectively hold a significant market share of around 26% in the market. These industry leaders invest significantly in research and development, fueling advancements in their software solutions. They further capitalize on strategic partnerships and robust distribution networks to broaden their market presence, ensuring their products reach diverse regions.

Furthermore, these companies are incorporating cutting-edge technologies into their offerings, enhancing both the functionality and security of their solutions. This ongoing innovation and strategic expansion play a crucial role in sustaining their prominent position in the market.

LTE & 5G NR-based CBRS Networks Market Companies

The major players operating in the industry are:

ZTE Corporation
Intel Corporation
Huawei
Samsung Electronics
Qualcomm
Nokia
Ericsson

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size for LTE & 5G NR-based CBRS networks was valued at USD 1 billion in 2023 and is estimated to register a CAGR of over 21% between 2024 and 2032, due to the growing demand for private cellular networks.

In 2023, RAN segment held a dominant market share of around 40% as it significantly influences network infrastructure and performance, due to its ability to provide essential connectivity and support for various applications and services.

North America market held a revenue share of around 39% in 2023, driven by a robust infrastructure that supports both 4G LTE and 5G Sub-6GHz networks, providing high throughput and reliable connectivity.

ZTE Corporation, Intel Corporation, Huawei, Samsung Electronics, Qualcomm, Nokia, and Ericsson.