Lucintel Forecasts the Global Private LTE Market is expected to grow with a CAGR of 10.6% from 2025 to 2031
Lucintel Forecasts the Global Private LTE Market is expected to grow with a CAGR of 10.6% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global private LTE market
looks promising with opportunities in the utility, mining, oil & gas, manufacturing,
transportation & logistic, government & public safety, and healthcare markets. The
global private LTE market is expected to grow with a CAGR of 10.6% from 2025 to
2031. The major drivers for this market are the increasing demand for secure
connectivity, the rising focus on private network solutions, and the growing need for
network reliability.
A more than 150-page report to understand trends, opportunity and forecast in private
LTE market to 2031 by component (infrastructure and services), technology (FDD and
TDD), deployment model (centralized and distributed), end use (utilities, mining, oil &
gas, manufacturing, transportation & logistics, government & public safety, healthcare,
and others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel forecasts that, within the component category, infrastructure is expected to
witness higher growth over the forecast period.
Within the application category, oil & gas is expected to witness the highest growth.
Download sample by clicking on private LTE market
In terms of region, APAC is expected to witness the highest growth over the forecast
period.
Nokia, Ericsson, Huawei, ZTE, NEC, Aviat Networks, Samsung Affirmed Networks,
Athonet, Airspan, ASOCS are the major suppliers in the private LTE market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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