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.
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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.
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.Check our Artificial Intelligence Powered Real Time Competitive Analytics Tool @: https://www.globalmarketestimates.com/artificial-intelligence-powered-real-time-competitor-analytics/
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