Private LTE is a local and independent cellular network that includes cell sites and core network servers which support the connectivity of a specific organization's requirements.A private 5G network is a local area network (LAN) that uses 5G technologies to create a dedicated network with unified connectivity.
This report contains market size and forecasts of Private LTE And 5G Network in Global, including the following market information:
Global Private LTE And 5G Network Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Private LTE And 5G Network market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Private LTE And 5G Network include AT&T, Broadcom Inc., Cisco Systems, Inc., Mavenir, Nokia Corporation, Altiostar, Samsung Electronics Co., Ltd., Telefonaktiebolaget LM Ericsson and T-Mobile USA, Inc, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Private LTE And 5G Network companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Private LTE And 5G Network Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Private LTE And 5G Network Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
Services
Global Private LTE And 5G Network Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Private LTE And 5G Network Market Segment Percentages, by Application, 2021 (%)
Manufacturing
Transportation and Logistics
Defense
Smart Cities
Hospitals
Others
Global Private LTE And 5G Network Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Private LTE And 5G Network Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Private LTE And 5G Network revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Private LTE And 5G Network revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AT&T
Broadcom Inc.
Cisco Systems, Inc.
Mavenir
Nokia Corporation
Altiostar
Samsung Electronics Co., Ltd.
Telefonaktiebolaget LM Ericsson
T-Mobile USA, Inc
Verizon
Deutsche Telekom AG
ADVA Optical Networking
Blue Wireless
ETELM
Fujitsu Ltd.
Future Technologies Venture, LLC
HCL Technologies Limited
Huawei Technologies Co., Ltd.
Qualcomm
NEC Corporation