
North America Private LTE and Private 5G Network Market Size, Share & Trends Analysis Report By Technology (LTE and 5G), By Cell Sizes (Small Cells and Macrocells), By Component, By Spectrum, By End User, By Organization Size, By Country and Growth Foreca
Description
North America Private LTE and Private 5G Network Market Size, Share & Trends Analysis Report By Technology (LTE and 5G), By Cell Sizes (Small Cells and Macrocells), By Component, By Spectrum, By End User, By Organization Size, By Country and Growth Forecast, 2024 - 2031
The North America Private LTE and Private 5G Network Market would witness market growth of 19.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Private LTE and Private 5G Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,953.9 million by 2031. The Canada market is experiencing a CAGR of 21.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 21.1% during (2024 - 2031).
Private LTE and private 5G networks are dedicated wireless communication systems designed to provide secure, reliable, and customized connectivity for specific organizations or use cases. Unlike public cellular networks that cater to a broad range of users, private networks are set up and operated for a single entity, such as a business, government organization, or industrial facility. These networks provide more control, improved security, and customized performance by utilizing localized infrastructure, spectrum, and resources to satisfy the organization's specific connectivity requirements.
One of the primary drivers of this market is the rise of industrial digitalization, where automation and IoT-based applications have become indispensable across manufacturing, logistics, healthcare, and other sectors. In smart factories, private networks enable seamless communication between machines, sensors, and central control systems, ensuring real-time monitoring and decision-making. This connectivity enhances production efficiency, minimizes downtime through predictive maintenance, and supports advanced technologies like robotics and AI-powered analytics. Companies like Bosch and Siemens are leveraging private 5G networks to build smart factories that can adapt dynamically to market demands, demonstrating the immense potential of these networks in industrial settings.
Mexico's telecommunications sector's growth has spurred the demand for private 5G networks to accommodate increasing data traffic and ensure seamless communication. In Q2 2024, the telecom sector contributed $458 billion MX to the GDP, underscoring the critical role of telecommunications in driving demand for private network infrastructure across the nation. Hence, these factors create a thriving regional ecosystem for private networks, enabling industries to innovate, scale, and compete in the global digital economy.
Based on Technology, the market is segmented into LTE and 5G. Based on Cell Sizes, the market is segmented into Small Cells and Macrocells. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Spectrum, the market is segmented into Licensed and Unlicensed. Based on End User, the market is segmented into Manufacturing, IT & Telecom, Energy & Utilities, Healthcare, Aerospace & Defense, Transportation & Logistics, and Other End-users. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- AT&T Inc.
- Ericsson AB
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- NEC Corporation
- Nokia Corporation
- Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- Samsung Electronics Co., Ltd. (Samsung Group)
- ZTE Corporation
- Siemens AG
- Robert Bosch GmbH
By Technology
- LTE
- 5G
- Small Cells
- Macrocells
- Hardware
- Software
- Services
- Licensed
- Unlicensed
- Manufacturing
- IT & Telecom
- Energy & Utilities
- Healthcare
- Aerospace & Defense
- Transportation & Logistics
- Other End-users
- Large Enterprises
- SMEs
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
180 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Private LTE and Private 5G Network Market, by Technology
- 1.4.2 North America Private LTE and Private 5G Network Market, by Cell Sizes
- 1.4.3 North America Private LTE and Private 5G Network Market, by Component
- 1.4.4 North America Private LTE and Private 5G Network Market, by Spectrum
- 1.4.5 North America Private LTE and Private 5G Network Market, by End-user
- 1.4.6 North America Private LTE and Private 5G Network Market, by Organization Size
- 1.4.7 North America Private LTE and Private 5G Network Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Sep – 2024, Sep) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Private LTE and Private 5G Network Market by Technology
- 5.1 North America LTE Market by Region
- 5.2 North America 5G Market by Region
- Chapter 6. North America Private LTE and Private 5G Network Market by Cell Sizes
- 6.1 North America Small Cells Market by Country
- 6.2 North America Macrocells Market by Country
- Chapter 7. North America Private LTE and Private 5G Network Market by Component
- 7.1 North America Hardware Market by Country
- 7.2 North America Software Market by Country
- 7.3 North America Services Market by Country
- Chapter 8. North America Private LTE and Private 5G Network Market by Spectrum
- 8.1 North America Licensed Market by Country
- 8.2 North America Unlicensed Market by Country
- 8.3 North America Shared Market by Country
- Chapter 9. North America Private LTE and Private 5G Network Market by End-user
- 9.1 North America Manufacturing Market by Country
- 9.2 North America IT & Telecom Market by Country
- 9.3 North America Energy & Utilities Market by Country
- 9.4 North America Healthcare Market by Country
- 9.5 North America Aerospace & Defense Market by Country
- 9.6 North America Transportation & Logistics Market by Country
- 9.7 North America Other End-users Market by Country
- Chapter 10. North America Private LTE and Private 5G Network Market by Organization Size
- 10.1 North America Large Enterprises Market by Country
- 10.2 North America SMEs Market by Country
- Chapter 11. North America Private LTE and Private 5G Network Market by Country
- 11.1 US Private LTE and Private 5G Network Market
- 11.1.1 US Private LTE and Private 5G Network Market by Technology
- 11.1.2 US Private LTE and Private 5G Network Market by Cell Sizes
- 11.1.3 US Private LTE and Private 5G Network Market by Component
- 11.1.4 US Private LTE and Private 5G Network Market by Spectrum
- 11.1.5 US Private LTE and Private 5G Network Market by End-user
- 11.1.6 US Private LTE and Private 5G Network Market by Organization Size
- 11.2 Canada Private LTE and Private 5G Network Market
- 11.2.1 Canada Private LTE and Private 5G Network Market by Technology
- 11.2.2 Canada Private LTE and Private 5G Network Market by Cell Sizes
- 11.2.3 Canada Private LTE and Private 5G Network Market by Component
- 11.2.4 Canada Private LTE and Private 5G Network Market by Spectrum
- 11.2.5 Canada Private LTE and Private 5G Network Market by End-user
- 11.2.6 Canada Private LTE and Private 5G Network Market by Organization Size
- 11.3 Mexico Private LTE and Private 5G Network Market
- 11.3.1 Mexico Private LTE and Private 5G Network Market by Technology
- 11.3.2 Mexico Private LTE and Private 5G Network Market by Cell Sizes
- 11.3.3 Mexico Private LTE and Private 5G Network Market by Component
- 11.3.4 Mexico Private LTE and Private 5G Network Market by Spectrum
- 11.3.5 Mexico Private LTE and Private 5G Network Market by End-user
- 11.3.6 Mexico Private LTE and Private 5G Network Market by Organization Size
- 11.4 Rest of North America Private LTE and Private 5G Network Market
- 11.4.1 Rest of North America Private LTE and Private 5G Network Market by Technology
- 11.4.2 Rest of North America Private LTE and Private 5G Network Market by Cell Sizes
- 11.4.3 Rest of North America Private LTE and Private 5G Network Market by Component
- 11.4.4 Rest of North America Private LTE and Private 5G Network Market by Spectrum
- 11.4.5 Rest of North America Private LTE and Private 5G Network Market by End-user
- 11.4.6 Rest of North America Private LTE and Private 5G Network Market by Organization Size
- Chapter 12. Company Profiles
- 12.1 AT&T, Inc.
- 12.1.1 Company Overview
- 12.1.2 Financial Analysis
- 12.1.3 Segmental and Regional Analysis
- 12.1.4 Research & Development Expense
- 12.1.5 Recent strategies and developments:
- 12.1.5.1 Partnerships, Collaborations, and Agreements:
- 12.1.6 SWOT Analysis
- 12.2 Ericsson AB
- 12.2.1 Company Overview
- 12.2.2 Financial Analysis
- 12.2.3 Segmental and Regional Analysis
- 12.2.4 Research & Development Expense
- 12.2.5 Recent strategies and developments:
- 12.2.5.1 Partnerships, Collaborations, and Agreements:
- 12.2.5.2 Product Launches and Product Expansions:
- 12.2.6 SWOT Analysis
- 12.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 12.3.1 Company Overview
- 12.3.2 Financial Analysis
- 12.3.3 Segmental and Regional Analysis
- 12.3.4 Research & Development Expenses
- 12.3.5 Recent strategies and developments:
- 12.3.5.1 Product Launches and Product Expansions:
- 12.3.6 SWOT Analysis
- 12.4 NEC Corporation
- 12.4.1 Company Overview
- 12.4.2 Financial Analysis
- 12.4.3 Segmental and Regional Analysis
- 12.4.4 Research & Development Expenses
- 12.4.5 Recent strategies and developments:
- 12.4.5.1 Acquisition and Mergers:
- 12.4.6 SWOT Analysis
- 12.5 Nokia Corporation
- 12.5.1 Company Overview
- 12.5.2 Financial Analysis
- 12.5.3 Segmental and Regional Analysis
- 12.5.4 Research & Development Expense
- 12.5.5 Recent strategies and developments:
- 12.5.5.1 Partnerships, Collaborations, and Agreements:
- 12.5.5.2 Product Launches and Product Expansions:
- 12.5.6 SWOT Analysis
- 12.6 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
- 12.6.1 Company Overview
- 12.6.2 Financial Analysis
- 12.6.3 Segmental and Regional Analysis
- 12.6.4 Research & Development Expense
- 12.6.5 Recent strategies and developments:
- 12.6.5.1 Partnerships, Collaborations, and Agreements:
- 12.6.5.2 Product Launches and Product Expansions:
- 12.6.6 SWOT Analysis
- 12.7 Samsung Electronics Co., Ltd. (Samsung Group)
- 12.7.1 Company Overview
- 12.7.2 Financial Analysis
- 12.7.3 Segmental and Regional Analysis
- 12.7.4 Research & Development Expenses
- 12.7.5 Recent strategies and developments:
- 12.7.5.1 Partnerships, Collaborations, and Agreements:
- 12.7.5.2 Product Launches and Product Expansions:
- 12.7.6 SWOT Analysis
- 12.8 ZTE Corporation
- 12.8.1 Company Overview
- 12.8.2 Financial Analysis
- 12.8.3 Segmental and Regional Analysis
- 12.8.4 Research & Development Expenses
- 12.8.5 Recent strategies and developments:
- 12.8.5.1 Partnerships, Collaborations, and Agreements:
- 12.8.5.2 Product Launches and Product Expansions:
- 12.8.6 SWOT Analysis
- 12.9 Siemens AG
- 12.9.1 Company Overview
- 12.9.2 Financial Analysis
- 12.9.3 Segmental and Regional Analysis
- 12.9.4 Research & Development Expense
- 12.9.5 Recent strategies and developments:
- 12.9.5.1 Product Launches and Product Expansions:
- 12.9.6 SWOT Analysis
- 12.10. Robert Bosch GmbH
- 12.10.1 Company Overview
- 12.10.2 Financial Analysis
- 12.10.3 Segmental and Regional Analysis
- 12.10.4 Research & Development Expense
- 12.10.5 Recent strategies and developments:
- 12.10.5.1 Product Launches and Product Expansions:
- 12.10.6 SWOT Analysis
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