Home > Semiconductors & Electronics > Telecom and Networking > Communication > Private LTE Market

Private LTE Market Share

Report ID: GMI2757
Published Date: Apr 2022
Report Format: PDF

Download Free Sample

Private LTE Market Share

Some of the key participants operating in the market are:

Affirmed Networks
AT&T, Inc
Boingo Wireless
Casa Systems, Inc
Cisco Systems, Inc
Druid Software
Telefonaktiebolaget LM Ericsson
Future Technologies Inc
General Dynamics Mission Systems
Huawei Technologies Co., Ltd
Mavenir Systems Inc
Motorola Solutions
NEC Corporation
NetNumber, Inc
Nokia Corporation
PDV Wireless
Qualcomm Incorporated
Rivada Networks
Ruckus Networks
SAMSUNG ELECTRONICS CO.LTD.
Sierra Wireless
SpiderCloud Wireless
Tait Communications
Verizon Enterprises
ZTE Corporation.

These companies are developing private LTE networks by partnering with other industry leaders in the ecosystem. These firms are deploying LTE solutions on their campuses to test the compatibility of various devices, ranging from smartphones to IoT. Such initiatives help companies to learn about the loopholes and drawbacks of the technology.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of private LTE crossed USD 4 billion in 2021 and is poised to record a 20% CAGR between 2022 and 2028 due to the rising adoption of these networks to efficiently manage autonomous systems remotely.

Private LTE networks provide low latency for operating autonomous systems, such as drills and drones, in harsh or remote environments.

The energy applications in India is pegged to observe a CAGR of more than 35% through 2028 led by the higher deployment of advanced metering infrastructures and the influx of various smart city development initiatives.

The North America market is likely to generate USD 7 billion by 2028 owing to the rising deployment of these networks in the defense sector.