Private LTE Market to Grow at 33% of CAGR Via Mining Sector By 2024

The mining sector is estimated to register an impressive CAGR of over 33% in the private LTE market between 2018 and 2024. The technology helps the industry in automating key mining functions to gain operational efficiencies. These networks offer the low latency needed to operate the autonomous systems such as drills and drones in harsh, remote environments.

Vehicular routers in the private LTE market are projected to grow at a CAGR of over 32% over the forecast timeline. The market growth is driven by their ability to provide fast and reliable wireless connectivity for deployments where wired options are too expensive. These routers enable seamless connectivity and are crucial for enabling various applications such as fleet management, video surveillance and monitoring of connected mobile assets.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2757

Another factor accelerating the private LTE market growth is the tremendous increase in the number of connected devices and sensors that utilize the dedicated networks to meet the communication and networking requirements of the smart city applications. The applications including, smart transportation, smart lighting, waste management, and smart roads are expected to drive the demand for next-generation networks such as LTE-A and 5G to support the networking requirements in terms of reliability, interoperability and security.

The increasing importance imparted to network stability & wireless communication to speed up network capability has been stimulating private LTE market share. Nowadays, private LTE is used extensively for numerous beneficial purposes such as real-time monitoring, geo positioning activities, in the mobile devices, energy utilities, telecommunication applications, and automotive equipment. The rapid acceptance of long-term evolution (LTE) for high-speed wireless communication across numerous industrial sectors has been encouraging companies in private LTE market to adopt LTE network connectivity.

Browse key industry insights spread across 340 pages with 577 market data tables & 30 figures & charts from the report, Private LTE Market in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/private-lte-market

Private LTE market is gaining momentum with the increase in deployments for various use cases such as enterprise IIoT applications, defense, transportation, energy and mining. A dedicated network enables organizations to control their own networking environment, customize it as per their requirements and ensures more coverage. For instance, in the critical communications industry, LTE has emerged as one of the most widely adopted networks. The network enables the use of various applications such as live streaming during emergency situations or directing mission-critical assets.

Some Point from Table of Contents:

Chapter 4.   Competitive Landscape, 2017

4.1.  Introduction

4.2.  Competitive analysis of key market players

4.2.1.    Ericsson

4.2.2.    Huawei

4.2.3.    Nokia

4.2.4.    Qualcomm

4.3.  Competitive analysis of other prominent vendors

4.3.1.    Boingo Wireless

4.3.2.    Samsung

4.3.3.    Verizon

4.3.4.    ZTE

Chapter 5.   Private LTE Market, By Component

5.1.  Key trends, by component

5.2.  Product

5.2.1.    Product market estimates and forecast, 2014-2024

5.2.2.    Infrastructure

5.2.2.1.       Infrastructure market estimates and forecast, 2014-2024

5.2.2.2.       Evolved Packet Core (EPC)

5.2.2.2.1.          EPC market estimates and forecast, 2014-2024

5.2.2.3.       Backhaul

5.2.2.3.1.          Backhaul market estimates and forecast, 2014-2024

5.2.2.4.       eNodeB

5.2.2.4.1.    eNodeB market estimates and forecast, 2014-2024

5.2.3.    Device

5.2.3.1.       Device market estimates and forecast, 2014-2024

5.2.3.2.       Smartphones

5.2.3.2.1.          Smartphones market estimates and forecast, 2014-2024

5.2.3.3.       Handheld terminals

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/private-lte-market

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
Web: https://www.gminsights.com