1. Market Research
  2. > Transportation
  3. > Logistics and Freight Market Trends
Global Private LTE Market By Component (Technology, Service ), By Application, By Vertical, By Region, Competition, Forecast & Opportunities, 2024

Global Private LTE Market By Component (Technology, Service ), By Application, By Vertical, By Region, Competition, Forecast & Opportunities, 2024

  • March 2019
  • 117 pages
  • ID: 5757909
  • Format: PDF
  • By TechSci Research

Summary

Table of Contents

Global Private LTE Market By Component (Technology (FDD & TDD), Service (Professional Service & Managed Service)), By Application (Public Safety, Logistics & Supply Chain Management and Asset Management), By Vertical, By Region, Competition, Forecast & Opportunities, 2024

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.

Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024

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.

The analyst performed both primary as well as exhaustive secondary research for this study.Initially, The analyst sourced a list of service providers across the globe.

Subsequently, The analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, The analyst could include the service providers which could not be identified due to the limitations of secondary research. The analyst analyzed the service offerings, distribution channels and presence of all major service providers across the globe.
The analyst 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.The analyst 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 the analyst.

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
• Market, by Region:
o Asia-Pacific
China
Japan
Australia
South Korea
India
o Europe
United Kingdom
Germany
France
Italy
Spain
o North America
United States
Mexico
Canada
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
Saudi Arabia
Turkey
South Africa
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global private LTE market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
10% Off

($4450)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Air Cargo Screening Systems Industry

Global Air Cargo Screening Systems Industry

  • $ 4950
  • October 2019

Air Cargo Screening Systems market worldwide is projected to grow by US$461.6 Million, driven by a compounded growth of 5.8%. Narcotics Detection, one of the segments analyzed and sized in this study, ...

Air Freight Industry - Growth, Trends and Forecast (2019 - 2024)

Air Freight Industry - Growth, Trends and Forecast (2019 - 2024)

  • $ 4250
  • September 2019

Market OverviewWhile land and ship cargo transportation remain as favorable options, goods transport by air is considered as the quickest and the unhindered mode of transportation. According to airline ...

Global Airlines Industry

Global Airlines Industry

  • $ 5450
  • October 2019

Airlines market worldwide is projected to grow by US$313.1 Billion, driven by a compounded growth of 5.1%. Passenger, one of the segments analyzed and sized in this study, displays the potential to grow ...

Global Vertical Farming Industry $ 5450 October 2019


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on