The private LTE market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.

It has been estimated that the global private LTE market would record an overwhelming valuation of $13 billion over 2020-2026, driven predominantly by the need for reliable and secure communication across connected devices. Not only this, rapid urbanization and industrialization have as well brought a need for adoption of advanced technologies for carrying out smart manufacturing and logistics. That said, in order to cater to this mounting trend of digital workspace and mass customization, firms are taking hold of deploying IIoT and private LTE networks for enhancing their productivity and performance with reduced human intervention.

Request for Sample Copy of This Report @ https://www.decresearch.com/request-sample/detail/2757

The mining sector is growing at a steady rate and plays a major role in developing the economy and infrastructure of a nation. Mining is important for harvesting valuable metals; though, it also carries a certain level of risk. Mines are located deep underground or at remote locations where they are not easily accessible.

Private LTE networks are being adopted across the mining industry at a considerable rate for supporting effective communication. These LTE networks enable mining operators to use digital technologies which help in addressing concerns pertaining to worker safety. Reports cite that in 2017, the mining sector recorded about 17 fatalities, instances that could be avoided with the use of autonomous or remotely controlled equipment that function using private network. Estimates suggest that the mining sector is anticipated to spend about USD 2.9 billion by 2022 on private networking, which may create great opportunities for LTE operators and vendors.

Request for customization @ https://www.decresearch.com/roc/2757

North America held a major share in the private LTE market in 2019 and is expected to dominate the global industry space by 2026. Growing demand for smart connected system across various industry verticals will play a major role in expanding the growth of regional industry in the future. Robust growth in transportation, manufacturing and urban planning are projected to rise the demand for the private LTE networks in the region.

The major players in the private LTE market are Qualcomm, Nokia, Ericsson, and Huawei. These firms are planning to develop their own private network by merging or collaborating with other big players in the market. For instance, Ericsson and Ambra Solutions partnered to deliver the deepest underground LTE network for Canadian mines, in March 2018. The LTE network provides voice and data services across the site and enables IoT use cases to improve safety and mining operations.

Major Key Points from Table of Content:

Chapter 6   Private LTE Market, By Application

6.1    Key trends, by application

6.2    Public safety

6.2.1    Public safety market estimates and forecast, 2015-2026

6.3    Defense

6.3.1    Defense market estimates and forecast, 2015-2026

6.4    Mining

6.4.1    Mining market estimates and forecast, 2015-2026

6.5    Transportation

6.5.1    Transportation market estimates and forecast, 2015-2026

6.6    Energy

6.6.1    Energy market estimates and forecast, 2015-2026

6.7    Manufacturing

6.7.1    Manufacturing market estimates and forecast, 2015-2026

6.8    Others

6.8.1    Others market estimates and forecast, 2015-2026

Browse Complete Table of Content @  https://www.decresearch.com/toc/detail/private-lte-market

About Us: -

DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

Contact Us: -

DecResearch.com

Website: - https://www.decresearch.com/

Email: [email protected]