Private LTE Market

Private LTE Market by Technology (FDD and TDD), Service (Managed Services, Integration & Deployment), Application (Public Safety, Logistics & Supply Chain Management), Industry (Energy & Utilities, Mining), and Region - Global Forecast to 2023

Report Code: TC 6799 Dec, 2018, by marketsandmarkets.com

[122 Pages Report] The global private LTE market size is expected to grow from USD 2.4 billion in 2018 to USD 4.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13% during 2018–2023. Major growth factors for the market include an increasing need for unique and defined network qualities, and convergence of 5G and private LTE.

Private Lte Market

By application, the public safety segment to be the largest contributor to the private LTE market growth during the forecast period

Public safety is  one of the most popular and important applications in the private LTE network. The public safety sector is currently undergoing substantial change worldwide. Over the past few years, the industry has begun to understand the benefit of LTE’s use in day-to-day operations. With the introduction of IoT technology in various industries and growing number of connected devices, enterprises are facing challenges in data and network security. It is driving the market in public safety application area. Real-time streaming is mostly used in mobile TV or real-time streaming services which use protocols, such as Real Time Streaming Protocol (RTSP), Real Time Messaging Protocol (RTMP). It needs high network bandwidth for sharing high quality video, voice calls, and data. High network bandwidth helps enterprises provide a high level of security to real-time streaming applications, as in public network there are high chances of data theft. Network monitoring of smart applications and devices is one of the significant application areas, contributing to the growth of market. The increasing number of IoT connected devices has created the need for advanced network monitoring solutions and technologies for protecting the operators’ networks from future cyber threats

Managed services segment to hold a larger market size during forecast period

The managed service providers connect people across all business functions and regions, and provide them with relevant information related to intelligent design, operations, and maintenance, and offer a higher quality of services. Managed services in the private LTE market outsource a complete network or a part of it on a proactive management basis to improve the network operations and reduce the organizational expenses. Network planning is one of the managed services private LTE vendors are providing to their customers. Network planning helps enterprises to maximize the performance of the operators’ network infrastructure, so that they can deliver the best quality of experience to their customers and keep the Capital Expenditure (CapEx) under control. Network orchestration is the process of automatically programming the behavior of a network, so that the network smoothly coordinates with the hardware and software elements, to further support the applications and services. It also provides the agility for the operators to allocate network resources efficiently and accelerate the total time-to-market.

Private Lte Market

The Americas to hold the largest market size during the forecast period

The Americas is expected to account for the highest share in the overall private LTE market. North America holds a major portion of adoption of private LTE in the region. North America leads the LTE technology usage with about 94% penetration of 4G LTE connection. The US and Canada are at the forefront, as these countries have developed economies, which empower them to strongly invest in R&D activities, thereby contributing to the development of innovative technologies. Network operators in the region invest in expanding and upgrading their LTE and LTE-Advanced networks. Major Latin American, such as Brazil, Mexico, Colombia, Chile, and Argentina, have witnessed an extensive use of internet and mobile-based applications and are expected to harness private LTE into their industrial and enterprise operations.

Key Market Players

Major vendors in the private LTE market include 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).

Recent Developments:

  • In May 2018, Ericsson partnered with Verizon, Qualcomm, and Federated Wireless for commercial deployment of LTE on the CBRS wireless spectrum ecosystem in the US.
  • In June 2017, Future Technologies joined with Redline Communications for providing LTE network.
  • In February 2017, The Korean Public Safety network signed an agreement for using Samsung’s Public Safety LTE (PS-LTE) solutions for communicating in emergencies.
  • In September 2018, Ericsson signed an agreement to acquire CENX, a provider of closed-loop automation and service assurance capabilities.

Key Questions Addressed by private LTE Market Research report:

  • Where will all these developments take the industry in the mid to long term?
  • What are the upcoming industry applications for the market?
  • Which are the major factors expected to drive the market in near future?
  • Which region would offer a higher growth for the vendors in the market?
  • Which application area would account for the highest market share in the market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Regions Covered
    1.5 Years Considered for the Study
    1.6 Currency Considered
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakup of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Breakup and Data Triangulation
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Assumptions for the Study
    2.5 Limitations of the Study

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Opportunities in the Private LTE Market
    4.2 Market: Top 3 Industries and Regions
    4.3 Market, By Region
    4.4 Market: Investment Scenario

5 Market Overview (Page No. - 33)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Need for Unique and Defined Network Qualities
                    5.1.1.2 Convergence of 5G and Private LTE
           5.1.2 Restraints
                    5.1.2.1 Challenge of Spectrum Fragmentation
           5.1.3 Opportunities
                    5.1.3.1 Opportunities in Industrial and Commercial IoT
                    5.1.3.2 Rise in Adoption of Mobile Robotics and Machine Learning
           5.1.4 Challenges
                    5.1.4.1 High Initial Cost of Deployment
    5.2 Use Cases
           5.2.1 Energy and Utilities
                    5.2.1.1 Nokia
                    5.2.1.2 Cisco
           5.2.2 Mining
                    5.2.2.1 Challenge Network
                    5.2.2.2 Ericsson
           5.2.3 Smart Ports
                    5.2.3.1 Nokia
    5.3 CBRS Spectrum Enablement for Private LTE
    5.4 LTE Networks Launched Globally

6 Private LTE Market, By Technology (Page No. - 40)
    6.1 Introduction
    6.2 Frequency Division Duplex
           6.2.1 Need for Better Network Over Greater Distances to Lead to the Growth of Frequency Division Duplex Technology
    6.3 Time Division Duplex
           6.3.1 Increasing Demand for High-Speed Mobile Broadband Access to Drive the Growth of Time Division Duplex Technology

7 Market, By Service (Page No. - 45)
    7.1 Introduction
    7.2 Consulting
           7.2.1 Need for Awareness of Private LTE to Fuel the Growth of Consulting Services
    7.3 Integration and Deployment
           7.3.1 Need for Managing Multiple Applications on Common Network to Drive the Growth of Integration and Deployment Services
    7.4 Support and Maintenance
           7.4.1 Network Testing
                    7.4.1.1 Need for Maintaining Quality and Functionality of Network to Drive the Growth of Network Testing Services
           7.4.2 LTE Device Testing
                    7.4.2.1 Critical Need for Seamless and High-Quality Voice and Data Network to Drive the Growth of LTE Device Testing Services
    7.5 Managed Services
           7.5.1 Network Planning
                    7.5.1.1 Need for High-Quality and Cost-Efficient Private LTE Network to Fuel the Growth of Network Planning Services
           7.5.2 Network Orchestration
                    7.5.2.1 Need for Managing Network Behavior to Drive the Growth of Network Orchestration Services

8 Market, By Application (Page No. - 51)
    8.1 Introduction
    8.2 Public Safety
           8.2.1 Real-Time Streaming
                    8.2.1.1 Growing Use of Smart Applications and Devices in Industries to Increase the Critical Need for Private LTE Network in the Real-Time Streaming Application
           8.2.2 Smart Devices Network Monitoring
                    8.2.2.1 Critical Need for Managing the Smart Devices to Drive the Growth of Smart Devices Network Monitoring Services
           8.2.3 Multimedia
                    8.2.3.1 Rising Demand for Enhanced Bandwidth and High Speed to Fuel the Growth of Multimedia Services
    8.3 Logistics and Supply Chain Management
           8.3.1 Rising Demand for Robotics and Smart Machines in the Manufacturing Industry to Drive the Growth of Market
    8.4 Asset Management
           8.4.1 Critical Need of Managing Network for Seamless Asset Management to Drive the Growth of Market

9 Private LTE Market, By Industry (Page No. - 56)
    9.1 Introduction
    9.2 Mining
           9.2.1 Critical Need of Dedicated Network for Automation, Remote Monitoring, and Real-Time Asset Management to Drive the Growth of Private LTE in the Mining Industry
    9.3 Energy and Utilities
           9.3.1 Need for Critical Connectivity to Fuel the Growth of Private LTE in the Energy and Utilities Industry
    9.4 Manufacturing
           9.4.1 Increasing Use of Smart Machines and Robotics to Drive the Growth of Private LTE in the Manufacturing Industry
    9.5 Transportation
           9.5.1 Need for Communication Connectivity to Drive the Growth of Private LTE in the Transportation Industry
    9.6 Defense
           9.6.1 Critical Need for High-Speed Voice and Data Communication to Drive the Growth of Private LTE in the Defense Industry
    9.7 Healthcare
           9.7.1 Need of Managing Network for Medical Equipment to Drive the Growth of Private LTE in the Healthcare Industry

10 Market, By Region (Page No. - 63)
     10.1 Introduction
     10.2 Americas
             10.2.1 United States
                        10.2.1.1 Technical Initiatives and Strong R&D in the Telecom Industry to Fuel the Growth of Private LTE in the United States
             10.2.2 Canada
                        10.2.2.1 Adoption of High-End Technology in Various Industries to Drive the Growth of Private LTE in Canada
     10.3 Asia Pacific
             10.3.1 Japan
                        10.3.1.1 Strong Investment Initiatives in the Telecom Industry to Drive the Growth of Private LTE in Japan
             10.3.2 China
                        10.3.2.1 Adoption of M2M and IoT Technologies in Different Industries to Fuel the Growth of Private LTE in China
             10.3.3 Australia
                        10.3.3.1 Adoption of Technologies in the Mining Industry to Drive the Demand for Private LTE in Australia
     10.4 Europe
             10.4.1 United Kingdom
                        10.4.1.1 Early Adoption of Technology in Various Industries to Drive the Growth of Private LTE in the United Kingdom
             10.4.2 Germany
                        10.4.2.1 Heavy Adoption of Technologies in the Manufacturing Industry to Increase the Demand for Private LTE in Germany
     10.5 Middle East and Africa
             10.5.1 United Arab Emirates
                        10.5.1.1 Critical Need of Communication Connectivity in the Oil and Gas Industry to Increase the Demand for Private LTE in the United Arab Emirates
             10.5.2 Saudi Arabia
                        10.5.2.1 Rise in the Adoption of Technology in the Oil and Gas Industry to Fuel the Growth of Private LTE in Saudi Arabia

11 Competitive Landscape (Page No. - 78)
     11.1 Overview
     11.2 Market Ranking
     11.3 Competitive Scenario
             11.3.1 New Product Launches and Enhancements
             11.3.2 Partnerships, Collaborations, and Agreements
             11.3.3 Mergers and Acquisitions

12 Company Profiles (Page No. - 82)
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
     12.1 Nokia
     12.2 Ericsson
     12.3 Huawei
     12.4 NEC
     12.5 Verizon
     12.6 Cisco
     12.7 Samsung
     12.8 Comba
     12.9 Arris International
     12.10 Sierra Wireless
     12.11 Netnumber
     12.12 Lemko
     12.13 General Dynamics
     12.14 Future Technologies
     12.15 Pdvwireless
     12.16 Quortus
     12.17 Ambra Solutions
     12.18 Zinwave
     12.19 Redline Communications
     12.20 Athonet
     12.21 Mavenir
     12.22 Star Solutions
     12.23 Druid Software
     12.24 Ursys
     12.25 Luminate Wireless

*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 116)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details


List of Tables (46 Tables)

Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Private LTE Market Size and Growth Rate, 2016–2023 (USD Million, Y-O-Y %)
Table 3 Global LTE Networks With Operators
Table 4 Market Size, By Technology, 2016–2023 (USD Million)
Table 5 Frequency Division Duplex: Market Size, By Region, 2016–2023 (USD Million)
Table 6 Time Division Duplex: Market Size, By Region, 2016–2023 (USD Million)
Table 7 Market Size, By Service, 2016–2023 (USD Million)
Table 8 Consulting: Market Size, By Region, 2016–2023 (USD Million)
Table 9 Integration and Deployment: Market Size, By Region, 2016–2023 (USD Million)
Table 10 Support and Maintenance: Market Size, By Region, 2016–2023 (USD Million)
Table 11 Managed Services: Private LTE Market Size, By Region, 2016–2023 (USD Million)
Table 12 Market Size, By Application, 2016–2023 (USD Million)
Table 13 Public Safety: Market Size, By Region, 2016–2023 (USD Million)
Table 14 Logistics and Supply Chain Management: Market Size, By Region, 2016–2023 (USD Million)
Table 15 Asset Management: Market Size, By Region, 2016–2023 (USD Million)
Table 16 Market Size, By Industry, 2016–2023 (USD Million)
Table 17 Mining: Market Size, By Region, 2016–2023 (USD Million)
Table 18 Energy and Utilities: Market Size, By Region, 2016–2023 (USD Million)
Table 19 Manufacturing: Private LTE Market Size, By Region, 2016–2023 (USD Million)
Table 20 Transportation: Market Size, By Region, 2016–2023 (USD Million)
Table 21 Defense: Market Size, By Region, 2016–2023 (USD Million)
Table 22 Healthcare: Market Size, By Region, 2016–2023 (USD Million)
Table 23 Market Size, By Region, 2016–2023 (USD Million)
Table 24 Americas: Private LTE Market Size, By Technology, 2016–2023 (USD Million)
Table 25 Americas: Market Size, By Service, 2016–2023 (USD Million)
Table 26 Americas: Market Size, By Application, 2016–2023 (USD Million)
Table 27 Americas: Market Size, By Industry, 2016–2023 (USD Million)
Table 28 Americas: Market Size, By Country, 2016–2023 (USD Million)
Table 29 Asia Pacific: Private LTE Market Size, By Technology, 2016–2023 (USD Million)
Table 30 Asia Pacific: Market Size, By Service, 2016–2023 (USD Million)
Table 31 Asia Pacific: Market Size, By Application, 2016–2023 (USD Million)
Table 32 Asia Pacific: Market Size, By Industry, 2016–2023 (USD Million)
Table 33 Asia Pacific: Market Size, By Country, 2016–2023 (USD Million)
Table 34 Europe: Private LTE Market Size, By Technology,2016–2023 (USD Million)
Table 35 Europe: Market Size, By Service, 2016–2023 (USD Million)
Table 36 Europe: Market Size, By Application, 2016–2023 (USD Million)
Table 37 Europe: Market Size, By Industry, 2016–2023 (USD Million)
Table 38 Europe: Market Size, By Country, 2016–2023 (USD Million)
Table 39 Middle East and Africa: Private LTE Market Size, By Technology, 2016–2023 (USD Million)
Table 40 Middle East and Africa: Market Size, By Service, 2016–2023 (USD Million)
Table 41 Middle East and Africa: Market Size, By Application, 2016–2023 (USD Million)
Table 42 Middle East and Africa: Market Size, By Industry, 2016–2023 (USD Million)
Table 43 Middle East and Africa: Market Size, By Country, 2016–2023 (USD Million)
Table 44 New Product Launches and Enhancements, 2015–2018
Table 45 Partnerships, Collaborations, and Agreements, 2016–2018
Table 46 Mergers and Acquisitions, 2018


List of Figures (38 Figures)

Figure 1 Private LTE Market: Market Segmentation
Figure 2 Market: Research Design
Figure 3 Market: Bottom-Up Approach
Figure 4 Market: Top-Down Approach
Figure 5 Market, Top 3 Segments, 2018
Figure 6 Market, By Technology, 2018
Figure 7 Need for Unique and Defined Network Qualities and Convergence of 5G and Private LTE to Drive the Growth of Private LTE Market
Figure 8 Energy and Utilities, and Americas to Hold the Highest Market Shares in 2018
Figure 9 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 10 Asia Pacific to Emerge as the Best Market for Investments During the Next 5 Years
Figure 11 Drivers, Restraints, Opportunities, and Challenges: Private LTE Market
Figure 12 Three-Tier Model for CBRS Spectrum Access
Figure 13 Time Division Duplex Technology Segment to Account for A Larger Market Size During the Forecast Period
Figure 14 Frequency Division Duplex Technology Segment in Americas to Account for the Largest Market Size During the Forecast Period
Figure 15 Time Division Duplex Segment in Americas to Account for the Largest Market Size During the Forecast Period
Figure 16 Managed Services Segment to Account for the Largest Market Size During the Forecast Period
Figure 17 Public Safety Application Segment to Account for the Largest Market Size During the Forecast Period
Figure 18 Energy and Utilities Industry to Account for the Largest Market Size During the Forecast Period
Figure 19 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 20 Americas: Market Snapshot
Figure 21 Frequency Division Duplex Technology Segment to Account for A Larger Market Size During the Forecast Period
Figure 22 Asia Pacific: Market Snapshot
Figure 23 Key Developments By the Leading Players in the Market During 2016–2018
Figure 24 Huawei Led the Private LTE Market During 2017–2018
Figure 25 Nokia: Company Snapshot
Figure 26 SWOT Analysis: Nokia
Figure 27 Ericsson: Company Snapshot
Figure 28 SWOT Analysis: Ericsson
Figure 29 Huawei: Company Snapshot
Figure 30 SWOT Analysis: Huawei
Figure 31 NEC: Company Snapshot
Figure 32 SWOT Analysis: NEC
Figure 33 Verizon: Company Snapshot
Figure 34 Cisco: Company Snapshot
Figure 35 Samsung: Company Snapshot
Figure 36 Comba: Company Snapshot
Figure 37 Arris International: Company Snapshot
Figure 38 Sierra Wireless: Company Snapshot

The study involved 4 major steps that helped estimate the current market size of the private LTE market. Exhaustive secondary research was done to collect information about the parent market and peer markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed for estimating the complete market size. Thereafter, market breakdown and data triangulation methods were used for estimating the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun and Bradstreet have been referred to for identifying and collecting information for this study. These secondary sources included annual reports; press releases and investor presentations of companies; white papers; technology journals and certified publications; and articles from recognized authors, directories, and databases.

Primary Research

The private LTE market comprises several stakeholders, such as private LTE network service providers, LTE network support and maintenance service providers, private enterprises, technology consultants, technology services vendors, telecom service providers, and wireless network providers. The demand-side of this market is characterized by the development of industries, such as mining, energy and utilities, manufacturing, transportation, and defense and healthcare. The market’s supply-side is characterized by advancements in technologies and diverse telecom industries. Various primary sources from both the supply- and demand-sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakup of primary respondents:

Private Lte Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the private LTE market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and market have been identified through extensive secondary research.
  • The private LTE market’s expenditure across regions and its geographic split in various segments have been considered to arrive at the overall market size.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above - the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation methods and market breakup procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand- and supply-sides in manufacturing industries.

Report Objectives:

  • To define, describe, and forecast the private Long-Term Evolution (LTE) market by technology, service, application, industry, and region
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth
  • To analyze the opportunities in the market and details of the competitive landscape of stakeholders and market leaders
  • To forecast the market size of the segments with respect to 4 main regions, namely, the Americas Europe, Asia Pacific (APAC), and Middle East and Africa (MEA)
  • To profile the key players and comprehensively analyze their market rankings and core competencies
  • To analyze the competitive developments, such as mergers and acquisitions, new partnerships, product enhancements, and new product developments, in the private LTE market

Scope of the report:

Report Metrics

Details

Market size available for years

2016–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Value (USD)

Segments covered

Technology, service, application, industry, and region

Geographies covered

Americas, APAC, Europe, and Middle East and Africa

Companies covered

Nokia (Finland), Ericsson (Sweden), Huawei (China), NEC (Japan), Verizon (US), Cisco (US), Samsung (South Korea). A total of 25 players covered.

This research report categorizes the market based on technologies, services, applications, industries, and regions.

By technology the private LTE market has been segmented as follows:

  • Frequency Division Duplex (FDD)
  • Time Division Duplex (TDD)

By service the market has been segmented as follows:

  • Consulting
  • Integration and Deployment
  • Support and Maintenance
  • Managed Services

By application the private LTE market has been segmented as follows:

  • Public Safety
  • Logistics and Supply Chain Management
  • Asset Management

By industry the market has been segmented as follows:

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

By region the market has been segmented as follows:

  • Americas
  • Europe
  • APAC
  • MEA

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakup of the North American market into the US and Canada
  • Further breakup of the European market into the UK and Germany

Company Information

  • Detailed analysis and profiling of additional market players
Report Code
TC 6799
Published ON
Dec, 2018
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