North America Private Lte Market

North America Private LTE Market Insights

North America occupied a dominant position in the private LTE market in 2017. The region is anticipated to grow at a high CAGR on account of increasing demand from countries such as the U.S. and Canada. The need to maintain secure communications in case of critical missions for the military & defense, transportation, public safety, and manufacturing among others. A large number of government & private organizations have made sizeable investments in private LTE networks for real time video surveillance and communication. Private LTE allows enterprises such as manufacturing facilities, security & public safety organizations, and defense to benefit from low latency, local control, and optimization of operations.

North America Private LTE Market: By Product Type

On the basis of product type, the private LTE market can be segmented into LTE-TDD and LTE-FDD. The LTE-FDD segment is expected to hold the largest market share in terms of revenue. This can be attributed to extensive use of LTE-FDD in traditional cellular voice and data services, making it the most widely used segment. LTE-TDD uses lesser spectrum and has a low deployment cost. The LTE-TDD segment is projected to register the highest CAGR during the forecast period owing to these advantages over LTE-FDD.

North America Private LTE Market: By Industry Vertical

The private LTE market can be segmented into transportation, military & defense, manufacturing & industrial, oil & gas, mining, electrical utilities and healthcare based on the industry vertical. The mining segment is expected to hold the largest market share in terms of revenue. Availability of advanced technologies and higher willingness of companies to invest in safety in mining are some factors affecting growth of the mining segment in North America. The military and defense applications of private LTE are estimated to hold the second largest market share in terms of revenue owing to its potential to provide seamless and secure services.

North America Private LTE Market: Regional Insights

U.S. is expected to dominate the North America private LTE market in terms of revenue during the forecast period. This growth can be attributed to rapid technological advancements and higher adoption rate of newer products. Further, innovations and developments in the private LTE market are expected to lead to easier deployment. Canada is estimated to hold the largest market share in terms of revenue in the North America private LTE market, followed by Mexico.

North America Private LTE Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

North America Private LTE Market: Share & Competitor Analysis

Some of the key players operating in the Private LTE market are Ericsson, Redline Communications, Nokia, Qualcomm, Air-Lynx, Telrad Networks, Huawei Enterprises, PDV Wireless and Ruckus Wireless among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In October 2018, Redline Communications announced updates to its Private LTE critical communications product portfolio.

In October 2018, Telrad Networks announced the launch of their new 5GHz unlicensed band LTE Solutions and successful trial of the product by White Cloud Networks, the company is engaged in providing wireless network service (WISP).

In August 2018, Baylin Technologies announced that its subsidiary Advantech Wireless Technologies has released its new product L-Band to 720 MHz SATCOM synthesized frequency converters.