The Private LTE Market is expected to grow from USD 3.1 billion in 2018 to USD 5 billion by 2026, at a CAGR of 7.06% during the forecast period. The increasing demand for high-quality networks and the idea of convergence between 5G and LTE network are the major driving factors for this market. Other contributing factors to the growth of this market are the growth of mobile network technology advancements, like 4G and Wi-Fi hotspots. The increase in infrastructures in developing countries is also a major driving factor for the private LTE market.

The issues in the spectrum fragmentation of the LTE network may restrain the growth of this market since there are too many spectrum bands used at too many places for the deployment of LTE networks.

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Some of the players profiled in the report are Nokia (Finland), Ericsson (Sweden), Huawei (China), NEC (Japan), Verizon (US), Cisco (US), Samsung (South Korea), Comba (China), Arris International (US), Sierra Wireless (Canada), NetNumber (US), Lemko (US), General Dynamics (US), Future Technologies (US), pdvWireless (US), Quortus (UK), Ambra Solutions (Canada), Zinwave (US), Redline Communications (Canada), Athonet (Italy), Mavenir (US), Star Solutions (Canada), Druid Software (Italy), Ursys (Australia), and Luminate Wireless (US).

The Global Private LTE Market is segmented as follows:

Technology Outlook (Revenue, USD Million; 2018–2026)

• Frequency Division Duplex
• Time Division Duplex

Service Outlook (Revenue, USD Million; 2018–2026)

• Consulting
• Integration And Deployment
• Support And Maintenance
  • Network Testing
  • LTE Device Testing
• Managed Services
  • Network Planning
  • Network Orchestration

Application (Revenue, USD Million; 2018–2026)

• Public Safety
  • Real Time Streaming
  • Smart Device Network
  • Multimedia
• Logistics
• Supply Chain
• Asset Management

Industry Outlook (Revenue, USD; 2018-2026)

• Mining
• Energy And Utilities
• Manufacturing
• Transportation
• Defense
• Healthcare

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Market Segmentation by Regions:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Answered by the Report:

• Which market segment or sub-segment is expected to grow at the highest CAGR during the forecast timeline?
• What is the forecast valuation of the Private LTE market?
• Who are the leading players in the industry? What are the weaknesses and strengths of these players?
• What are the strategic business steps and initiatives taken by the key competitors in the industry?
• What region is expected to dominate the market in the forecast period?

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