Competitive Benchmarking and Vendor Forecasts for 2023-2027
The Private Long-Term Evolution (LTE) Market is estimated to exhibit growth at a CAGR of 10.35% between 2022 and 2027 followed by a revenue growth of USD 3,526.19 million. The causal factors of the market advancement are the growing demand for secure and reliable wireless communication, the increasing adoption of IoT devices and applications, and lastly the need for dedicated and mission-critical communications.
As per Market trend, in the global private long-term evolution market is the development of 5G-capable private LTE networks. Organizations are already hands-on with investments being made for utilizing both the increased capabilities of 5G technology and private LTE.
Key Companies and their key offerings: When it comes to the key market placers in the market landscape some of the examples comprise.
Some of the prominent names worth mentioning include Boingo Wireless Inc., Casa Systems Inc., Cisco Systems Inc., Comba Telecom Systems Holdings Ltd., CommScope Holding Co. Inc., Druid Software, Fujitsu Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., L3Harris Technologies Inc. Microsoft Corp., Motorola Solutions Inc., etc. Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem. Download a Sample Report
Private LTE Market: Market Highlights