Press release
Private LTE Market 2023 : Analysis By Top Key Players, Trends, Industry Size And Regional Outlook 2032 | Nokia Corporation, Ruckus Networks, CommScope Inc., Samsung Group, Ruckus Networks
As per the private LTE market report by The Business Research Company, the increasing adoption of smartphones is expected to propel the growth of the private LTE market going forward. A smartphone refers to a mobile phone that connects to the internet and features software similar to that on a laptop. Increase in the adoption of smartphones increases the use of private LTE as a smartphone's private LTE network allows an individualized, secure, and high-performance mobile solution.
The global Private LTE market size is expected to grow from $29.40 billion in 2022 to $34.81 billion in 2023 at a compound annual growth rate (CAGR) of 18.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global Private LTE market size is expected to grow to $68.38 billion in 2027 at a CAGR of 18.4%.
Read More On The Private LTE Market Report Here:
https://www.thebusinessresearchcompany.com/report/mpos-terminals-global-market-report
Major competitors in the Private LTE market include Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., ZTE Corporation, Cisco Corporation, Verizon Communications Inc., Qualcomm Technologies Inc., Ruckus Networks, Future Technologies Inc., Comba Telecom Systems Holdings Ltd., CommScope Inc., Samsung Group, Sierra Wireless Inc., Quortus Limited, Star Solutions Inc., Tecore Networks, Telrad Networks, and Wireless Excellence.
The Private LTE market is segmented -
By Component: Infrastructure, Services
By Technology: Frequency-Division Duplexing, Time Division Duplexing
By Deployment Model: Centralized, Distributed
By Applications: Public Safety, logistics And Supply Chain, Asset Management
By End User: Utilities, Mining, Oil And Gas, Manufacturing, Transportation And Logistics, Government And Public Safety, Healthcare, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Private LTE market.
Request A Free Sample Of The Private LTE Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9260&type=smp
Private LTE is a network that is a privately owned cellular network made up of a variety of parts, such as radio gear (both indoor and outdoor), mobile core software, SIM cards, and network orchestration software that may be tailored to meet the unique needs of an organization.
The Table Of Content For The Private LTE Market Include:
1. Executive Summary
2. Private LTE Market Characteristics
3. Private LTE Market Trends And Strategies
4. Private LTE Market - Macro Economic Scenario
5. Private LTE Market Size And Growth
……
26. Africa Private LTE Market
27. Private LTE Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Private LTE Market
29. Private LTE Market Future Outlook and Potential Analysis
30. Appendix
The "Global Private LTE Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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