Global Private Long Term Evolution Market Overview

The Global Private Long Term Evolution market size is estimated to reach $10.3 billion by 2026, growing at a CAGR of 12.3% over the forecast period of 2022-2026. Private LTE technology is a kind of long-term development similar to 5G network technology. Under the 3 Generation Partnership Program, a cellular standards organization, non-public networks can be shared, unlicensed, and licensed. Like 5G base stations, LTE networks, and radio access networks (RAN), it is used to transmit data to devices such as smartphones, routers, and gateways.

The increasing demand for improved outdoor network coverage over a wide area by various industries is driving the need for private LTE networks. These networks are primarily a Wireless Wide-Area Networking (WWAN) technology that can provide improved coverage over much longer distances in terms of base stations compared to Wi-Fi. As a result, firms and industries with outdoor locations, including mines, shipyards, stadiums, oil rigs, and recreational vehicle (RV) parks, must install small cells in small numbers to cover a larger area.

Impact of COVID-19:

COVID-19 has majorly affected the national and international supply chains. The shutdown of country borders has disturbed the supply chain of several components and parts required in energy & utilities and power plants. However, despite the adverse consequences of the COVID-19 outbreak, efforts to commercialize better connectivity solutions across the globe have increased market revenue. The LTE and 5G penetration have increased with growing mobile subscribers. Therefore, all the major and developing countries are highly inclining toward LTE and the demand bolstering the market growth.

Key Takeaways from Global Private Long Term Evolution Market Report:

• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for Component, Deployment, Technology, Application, and by different industries verticals.
• Understand the different market dynamics – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor's performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes.
• Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past four years.
• Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market. 

By Technology, the market for Time Division Duplex (TDD) Segment is to grow at the highest CAGR during the forecast period.

During the forecast period, the Time Division Duplex segment market is predicted to develop at the fastest rate of XX%. TDD is beneficial to operators as it enables more efficient spectrum usage and is deployed for resource requirements based on application and service quality, owing to dynamic time slot allocation without altering allotted bandwidth. In addition, a Time-division duplex is appropriate for unpaired spectrum set-ups needing asymmetric data rates.

The Frequency Division Duplex segment accounted for a relatively larger revenue share in 2020. FDD technology is considered very efficient for voice traffic and is meant for symmetric traffic without a guard period similar to TDD. In addition, FDD deploys paired spectrum continuously and thus allows higher data rates. Also, this Technology needs fewer base stations than TDD, leading to the reduced cost associated with total installation, operation, and maintenance.

By Application, Mining Segment to grow at the highest CAGR during the forecast period.

The mining segment is predicted to develop at the fastest CAGR during the projection period. It is due to the Digital transformation of the mining sector essential for any country's global economy and infrastructural development. Digitalization is necessary to adjust to varying demands, control operation expenditures, cater to rising environmental safety concerns, and introduce new automation levels to mining facilities. The rise in digitalization will increase demand for high-speed and secure network technology like private LTE. IT & Telecom segment held the largest share in 2020. They require safe, reliable, and flexible wireless network connectivity to achieve grid modernization potential and digitalization initiatives. Automation of grids leads to increased risk of cyberattacks and data breaches on devices and applications, resulting in an urgent need for private LTE networks.

North America to account for the largest market share during the forecast period.

North America held the largest share of the Private Long Term Evolution market in 2020, with a global market share of 37%. The growth of this region is attributed to the rapid adoption of advanced technologies, the presence of modern infrastructure, and rising demand from various end-use industries such as utilities, mining, healthcare, and manufacturing, among others. Additionally, leading market players such as Airspan Networks and Affirmed Networks support North America market revenue growth.

The Asia Pacific is set to be the fastest-growing over 2021-2026. This growth is due to rising demand from China, South Korea, Japan, Singapore, and Australia. In addition, increasing deployment of automation across the manufacturing sector in countries in the region is also driving market revenue growth.

Market Dynamics

Driver:

The Availability of unlicensed spectrums such as CBRS and MulteFire bands have been a prime reason for the market penetration.

Enterprises can use licensed and unlicensed spectrums to deploy private LTE networks globally. Vendors have developed chipsets, infrastructure components, and Customer Premises Equipment (CPE) that enable private LTE networks to run in two unlicensed frequency bands: 5 GHz and 3.5 GHz. In the US, the 3.5 GHz is a part of the Citizens Broadband Radio Service (CBRS) band and MulteFire functions in a 5 GHz band across the globe except for the US. The availability of unlicensed bands can pave the way for enterprises to deploy private LTE networks quickly without the intervention of Mobile Network Operators (MNOs), who own these license spectrum bands.

Challenge:

High initial cost of deploying network infrastructure impeded the market growth.

A comprehensively tested, end-to-end private LTE system and architecture in a single enterprise at a defined location leads to high implementation costs. In addition, the Technology has not yet been fully commercialized, leading to an increased initial cost of deployment. Moreover, several new industry vendors are not equipped with the expertise required for the entire private LTE network deployment.

Key Market Players

Key Players in the Global Private Long Term Evolution Market consist of Huawei Technologies Co. Ltd., Athonet SRL, Airspan Networks, Nokia Corporation, NEC Corporation, Ericsson, Samsung, Fujitsu Ltd., ZTE Corporation, and Affirmed Networks.

Recent Developments:

• In May 2021, Anterix announced signing a partnership agreement with Motorola Solutions to facilitate private LTE network deployment by utility companies in electric grid modernization.

Report Coverage and Scope

The report "Global Private Long Term Evolution Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Component

• Infrastructure
  • RAN
  • Mobile Core Network
  • Backhaul
  • Services
• Consulting
• Integration and Deployment
• Support and Maintenance
• Managed Services

By Deployment

• Centralized
• Distributed

By Technology

• Frequency Division Duplex
• Time Division Duplex

By Application

• Healthcare
• IT & Telecom
• Retail & E-commerce
• Manufacturing
• Government and Defense
• Mining
• Education
• Others

By Geography

• North America
• Europe
• APAC
• RoW

Chapter 1 Private Long Term Evolution Market Overview

1.1 Product Overview and Scope of Private Long Term Evolution

1.2 Private Long Term Evolution Market Segmentation By Component

1.2.1 Infrastructure

1.2.2 Services

1.3 Private Long Term Evolution Market Segmentation By Application

1.3.1 Healthcare

1.3.2 IT & Telecom

1.3.3 Retail & E-commerce

1.3.4 Manufacturing

1.3.5 Government and Defence

1.3.6 Mining

1.3.7 Education

1.3.8 Others

1.4 Private Long Term Evolution Market Segmentation by Regions

1.4.1 North America

1.4.2 China

1.4.3 Europe

1.4.4 Southeast Asia

1.4.5 Japan

1.4.6 India

1.5 Global Market Size (Value) of Private Long Term Evolution (2016-2021)

Chapter 2 Global Economic Impact on Private Long Term Evolution Industry

2.1 Global Macroeconomic Environment Analysis

2.1.1 Global Macroeconomic Analysis

2.1.2 Global Macroeconomic Environment Development Trend

2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Private Long Term Evolution Market Competition by Manufacturers

3.1 Global Private Long Term Evolution Production and Share by Manufacturers (2016-2021)

3.2 Global Private Long Term Evolution Revenue and Share by Manufacturers (2016-2021)

3.3 Global Private Long Term Evolution Average Price by Manufacturers (2016-2021)

3.4 Manufacturers Private Long Term Evolution Manufacturing Base Distribution, Production Area and Product Type

3.5 Private Long Term Evolution Market Competitive Situation and Trends

3.5.1 Private Long Term Evolution Market Concentration Rate

3.5.2 Private Long Term Evolution Market Share of Top 3 and Top 5 Manufacturers

3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Private Long Term Evolution Production, Revenue (Value) by Region (2016-2021)

4.1 Global Private Long Term Evolution Production by Region (2016-2021)

4.2 Global Private Long Term Evolution Production Market Share by Region (2016-2021)

4.3 Global Private Long Term Evolution Revenue (Value) and Market Share by Region (2016-2021)

4.4 Global Private Long Term Evolution Production, Revenue, Price and Gross Margin (2016-2021)

4.5 North America Private Long Term Evolution Production, Revenue, Price and Gross Margin (2016-2021)

4.6 Europe Private Long Term Evolution Production, Revenue, Price and Gross Margin (2016-2021)

4.7 China Private Long Term Evolution Production, Revenue, Price and Gross Margin (2016-2021)

4.8 Japan Private Long Term Evolution Production, Revenue, Price and Gross Margin (2016-2021)

4.9 Southeast Asia Private Long Term Evolution Production, Revenue, Price and Gross Margin (2016-2021)

4.10 India Private Long Term Evolution Production, Revenue, Price and Gross Margin (2016-2021)

Chapter 5 Global Private Long Term Evolution Supply (Production), Consumption, Export, Import by Regions (2016-2021)

5.1 Global Private Long Term Evolution Consumption by Regions (2016-2021)

5.2 North America Private Long Term Evolution Production, Consumption, Export, Import by Regions (2016-2021)

5.3 Europe Private Long Term Evolution Production, Consumption, Export, Import by Regions (2016-2021)

5.4 China Private Long Term Evolution Production, Consumption, Export, Import by Regions (2016-2021)

5.5 Japan Private Long Term Evolution Production, Consumption, Export, Import by Regions (2016-2021)

5.6 Southeast Asia Private Long Term Evolution Production, Consumption, Export, Import by Regions (2016-2021)

5.7 India Private Long Term Evolution Production, Consumption, Export, Import by Regions (2016-2021)

Chapter 6 Global Private Long Term Evolution Production, Revenue (Value), Price Trend by Type

6.1 Global Private Long Term Evolution Production and Market Share by Type (2016-2021)

6.2 Global Private Long Term Evolution Revenue and Market Share by Type (2016-2021)

6.3 Global Private Long Term Evolution Price by Type (2016-2021)

6.4 Global Private Long Term Evolution Production Growth by Type (2016-2021)

Chapter 7 Global Private Long Term Evolution Market Analysis by Application

7.1 Global Private Long Term Evolution Consumption and Market Share by Application (2016-2021)

7.2 Global Private Long Term Evolution Consumption Growth Rate by Application (2016-2021)

7.3 Market Drivers and Opportunities

7.3.1 Potential Applications

7.3.2 Emerging Markets/Countries

Chapter 8 Private Long Term Evolution Manufacturing Cost Analysis

8.1 Private Long Term Evolution Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Price Trend of Key Raw Materials

8.1.3 Key Suppliers of Raw Materials

8.1.4 Market Concentration Rate of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.2.1 Raw Materials

8.2.2 Labour Cost

8.2.3 Manufacturing Expenses

8.3 Manufacturing Process Analysis of Private Long Term Evolution

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

9.1 Private Long Term Evolution Industrial Chain Analysis

9.2 Upstream Raw Materials Sourcing

9.3 Raw Materials Sources of Private Long Term Evolution Major Manufacturers in 2022

9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

10.1 Marketing Channel

10.1.1 Direct Marketing

10.1.2 Indirect Marketing

10.1.3 Marketing Channel Development Trend

10.2 Market Positioning

10.2.1 Pricing Strategy

10.2.2 Brand Strategy

10.2.3 Target Client

10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis

11.1 Technology Progress/Risk

11.1.1 Substitutes Threat

11.1.2 Technology Progress in Related Industry

11.2 Consumer Needs/Customer Preference Change

11.3 Economic/Political Environmental Change

Chapter 12 Global Private Long Term Evolution Market Forecast (2022 - 2026)

12.1 Global Private Long Term Evolution Production, Revenue Forecast (2022 - 2026)

12.2 Global Private Long Term Evolution Production, Consumption Forecast by Regions (2022 - 2026)

12.3 Global Private Long Term Evolution Production Forecast by Type (2022 - 2026)

12.4 Global Private Long Term Evolution Consumption Forecast by Application (2022 - 2026)

12.5 Private Long Term Evolution Price Forecast (2021-2027)

Chapter 13 Appendix