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Global Private LTE Market 2021 Key Players, Industry Overview, Supply Chain and Analysis

Private LTE

The report focuses on the favorable Global “Private LTE market” and its expanding nature. The Private LTE market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The private LTE market is expected to register a CAGR of 12.63% during the forecast period (2019 – 2024). Private LTE networks offer the best alternatives for improved security of various business applications. These networks are very economical as they have low deployment costs and high operational efficiency.
  • – The primary driver of the private LTE networks is the increasing adoption of isolated systems. Private LTE networks offer various features such as high speed, high capacity, high security, low latency, consistent performance, more extended range and interoperability which compliments the demand required to attain IIoT. This can be considered as one of the major factors for the private LTE market.
  • – Factors hindering the growth of private LTE are complexity associated with the implementation of private LTE networks and constraints in terms of the requirement for an authorized license to deploy a private LTE network.
  • – Automation Industry makes use of private LTE networks for various applications such as factory-floor robotics and for logistics and warehousing (for pick and pack machines). Private LTE is also massively used by factory-floor robotics, logistics and warehouse divisions. Due to the growing advantages offered by these networks, they are increasingly being deployed for other users such as transportation, mining, and enterprise IIoT applicati

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    Key Manufacturers

  • Arris International Inc.
  • Quortus Ltd.
  • Redline Communications Inc.
  • NEC Corporation
  • Luminate Wireless Inc.
  • Huawei Technologies Co. Ltd.
  • Ruckus Networks Inc.
  • Qualcomm Technologies Inc.
  • Future Technologies Pvt. Ltd.
  • Sierra Wireless Inc.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Private LTE market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Private LTE market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Private LTE market have also been involved in the study.

    Scope of the Report:

  • Private LTE network is a private network which is restricted to one enterprise and is intended for efficiently connecting people or things of that respective enterprise, and its primary purpose is to secure data by eliminating the connection with a core network of public mobile operators.

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    TOC of Private LTE Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Private LTE market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Private LTE Market Report Covered:

    • The report analyses how Private LTE market will grow in the future.
    • Analyzing various perspectives of the Private LTE market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Private LTE market shares and policies employed by the major market players.
    • Competitive landscape including the Private LTE market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Private LTE market players

    Key Market Trends:

    Industrial Segment Expected to Have Largest Market Share

    The significant adoption of private LTE is expected an increase in industries owing to the penetration of Industry 4.0 and Industrial IoT. LTE has many advantages over Wi-Fi, particularly in industrial environments, ranging from higher coverage and capacity to quality of service and built-in security. Highly optimized “just-in-time” industrial operations and supply-chain provide connectivity links where a few seconds of downtime can translate into millions of dollars in productivity loss. In the 5G perspective, supply chains have multiple end products with shared components, facilities, and capacities.

    For instance, In March 2019, Ericsson launched a private network solution that focussed on simplifying the deployment and management of 5G networks and private LTE for industrial enterprises with no prior experience of cellular network operations. The company pre-packed private LTE and 5G for various factories and warehouses. The solution aims to make cellular technology rapidly deployable for factory and warehouse staff.

    On Nov 2018, Nokia and China Unicom created a private LTE network for a BMW Brilliance Automotive Ltd. plant. The private LTE network is expected to support secure voice and data communication between staff at the plant as well as machine-to-machine interaction including wireless video monitoring, production line maintenance inspection, indoor navigation, industrial robots, and indoor navigation.

    Asia-Pacific Expected to Have Significant Growth

    Asia-Pacific region is expected to offer new market opportunities to the vendors of the private LTE network. Considering the growth of the private LTE market, Japan, China, and Australia are essential countries in APAC.

    Japan and China are the most significant manufacturing economies that produce automobiles, information technology products, and electronic products. The market growth of private LTE in this region is due to the factors, such as the rise in M2M communications, increased smartphone penetration and is supported by the penetration of IoT platforms across various industry verticals such as healthcare, transportation, and manufacturing. This is increasing the demand for private IoT networks enabling enterprises to incorporate different devices for increased reliability and security.

    The growth of private LTE is also attributed to several efforts taken by the government authorities and telecom companies for the deployment of LTE technology in mission-critical applications. For instance, In June 2018, the South Korean government committed an investment of USD 1.6 billion to set up a nationwide public safety network based on LTE technology by 2020.

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    Study objectives of Private LTE Market Report:

    • To provide a detailed analysis of the market structure along with the Private LTE market forecast of various segments and sub-segments of the Private LTE market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Private LTE market trends that influence the global Private LTE market

    Detailed TOC of Private LTE Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Industry Attractiveness – Porter’s Five Force Analysis
    4.2.1 Bargaining Power of Suppliers
    4.2.2 Bargaining Power of Buyers/Consumers
    4.2.3 Threat of New Entrants
    4.2.4 Threat of Substitute Products
    4.2.5 Intensity of Competitive Rivalry

    5 MARKET DYNAMICS
    5.1 Market Drivers
    5.1.1 Increasing Adoption Of Isolated Systems
    5.1.2 Adoption Of Smartphones
    5.2 Market Challenges
    5.2.1 Requirements For Authorized License

    6 TECHNOLOGY SNAPSHOT

    7 MARKET SEGMENTATION
    7.1 By End-user Industry
    7.1.1 Industrial (Public Safety, Supply Chain Management, Utilities, Manufacturing)
    7.1.2 Healthcare
    7.1.3 Enterprise
    7.1.4 Other End-user Industries
    7.2 Geography
    7.2.1 North America
    7.2.1.1 US
    7.2.1.2 Canada
    7.2.2 Europe
    7.2.2.1 Germany
    7.2.2.2 UK
    7.2.2.3 France
    7.2.2.4 Rest of Europe
    7.2.3 Asia-Pacific
    7.2.3.1 China
    7.2.3.2 Japan
    7.2.3.3 India
    7.2.3.4 Rest of Asia-Pacific
    7.2.4 Rest of the world

    8 COMPETITIVE LANDSCAPE
    8.1 Company Profiles
    8.1.1 Arris International Inc.
    8.1.2 Quortus Ltd.
    8.1.3 Redline Communications Inc.
    8.1.4 NEC Corporation
    8.1.5 Luminate Wireless Inc.
    8.1.6 Huawei Technologies Co. Ltd.
    8.1.7 Ruckus Networks Inc.
    8.1.8 Qualcomm Technologies Inc.
    8.1.9 Future Technologies Pvt. Ltd.
    8.1.10 Sierra Wireless Inc.

    9 INVESTMENT ANALYSIS

    10 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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