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Global Private LTE Market By Component (Technology (FDD & TDD), Service (Professional Service & Managed Service)), By Application (Public Safety, Logistics & Supply Chain Management and Asset Management), By Vertical, By Region, Competition, Forecast & Op

Global Private LTE Market By Component (Technology (FDD & TDD), Service (Professional Service & Managed Service)), By Application (Public Safety, Logistics & Supply Chain Management and Asset Management), By Vertical, By Region, Competition, Forecast & Opportunities, 2024

Global private LTE market is forecast to grow from $ 1521.49 million in 2018 to $ 4965.20 million by 2024, exhibiting a double-digit CAGR of over 21% during the forecast period, on account of increasing g demand for connected devices so as to ensure reliable and safe communication between devices. Private LTE is a long-term evolution network designed to serve specific enterprise business or government. Private LTE can be operated by traditional mobile operators or third-party network providers. The network eliminates restrictions associated with conventional network system by supporting both machine and human interaction on a single network. Currently, the market for private LTE is at a nascent stage; however, with the advent of IoT, global private LTE market is expected to gain traction over the next five years.

Based on the technology, global private LTE market can be bifurcated into frequency division duplex (FDD) and time division duplex (TDD). FDD technology dominated the private LTE market, however, TDD is expected to grow at the higher CAGR during the forecast period, as TDD is less complex in terms of circuit and have low interference as well. In terms of service, managed service segment is expected to register the fastest CAGR growth during forecast period, as it offers high-quality service with relevant information related to operations, designs and maintenance.

On the basis of application, global private LTE market can be categorized into public safety, logistics & supply chain management and asset management segments. Public safety segment is anticipated to be the largest contributor to the global private LTE market during the forecast period, owing to challenges faced by government, military and other industries related to network and data security.

Globally, private LTE market is gaining traction and expanding to various regions including Asia-Pacific, North America, Europe, South America and Middle East & Africa. North America dominates global private LTE market and the region is expected to retain its leading position in coming years, on account of early adoption of the technology and presence of leading players in the region.

Major players operating in global private LTE market include Nokia Corporation, Huawei Technologies Co, Ericsson Inc, NEC Corporation, Verizon Communications etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast global private LTE market size.
  • To classify and forecast global private LTE market based on component, vertical, application and regional distribution.
  • To identify drivers and challenges for global private LTE market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global private LTE market.
  • To conduct the pricing analysis for global private LTE market.
  • To identify and analyze the profile of leading players operating in global private LTE market.
Some of the leading players in global private LTE market are Nokia Corporation, Huawei Technologies Co, Ericsson Inc, NEC Corporation, Verizon Communications etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major service providers across the globe.

TechSci Research calculated global private LTE market size using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years was made. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these service types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
  • Private LTE service providers
  • Security and intelligence service providers
  • Research organizations and consulting companies
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to private LTE
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global private LTE market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • Market, by Component:
  • Technology
  • Frequency Division Duplex (FDD)
  • Time Division Duplex (TDD)
  • Service
  • Professional Service
  • Managed Service
  • Market, by Application:
  • Public Safety
  • Logistics & Supply Chain Management
  • Asset Management
  • Market, by Vertical:
  • Government & Defense
  • Mining
  • Energy & Utilities
  • Manufacturing
  • Transportation
  • Others
  • Market, by Region:
  • Asia-Pacific
  • China
  • Japan
  • Australia
  • South Korea
  • India
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • North America
  • United States
  • Mexico
  • Canada
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • Saudi Arabia
  • Turkey
  • South Africa
  • UAE
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global private LTE market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Printing is not available on single-user licenses.


1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Private LTE Market Overview
6. Global Private LTE Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component
6.2.1.1. By Technology (Frequency Division Duplex (FDD) & Time Division Duplex (TDD))
6.2.1.2. By Service (Professional Services and Managed Service)
6.2.2. By Application (Public Safety, Logistics & Supply Chain Management & Asset Management)
6.2.3. By Vertical (Government & Defense, Mining, Energy & Utilities, Manufacturing, Transportation, Others)
6.2.4. By Company
6.2.5. By Region
6.3. Market Attractiveness Index
7. North America Private LTE Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Application
7.2.2. By Vertical
7.2.3. By Country
7.3. North America: Country Analysis
7.3.1. United States Private LTE Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Component
7.3.1.2.2. By Vertical
7.3.1.3. Competition Outlook
7.3.2. Canada Private LTE Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Component
7.3.2.2.2. By Vertical
7.3.2.3. Competition Outlook
7.3.3. Mexico Private LTE Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Component
7.3.3.2.2. By Vertical
7.3.3.3. Competition Outlook
8. Europe Private LTE Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Application
8.2.2. By Vertical
8.2.3. By Country
8.3. Europe: Country Analysis
8.3.1. United Kingdom Private LTE Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Component
8.3.1.2.2. By Vertical
8.3.1.3. Competition Outlook
8.3.2. Germany Private LTE Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Component
8.3.2.2.2. By Vertical
8.3.2.3. Competition Outlook
8.3.3. France Private LTE Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Component
8.3.3.2.2. By Vertical
8.3.3.3. Competition Outlook
8.3.4. Italy Private LTE Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Component
8.3.4.2.2. By Vertical
8.3.4.3. Competition Outlook
8.3.5. Spain Private LTE Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Component
8.3.5.2.2. By Vertical
8.3.5.3. Competition Outlook
9. Asia-Pacific Private LTE Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Application
9.2.2. By Vertical
9.2.3. By Country
9.3. Asia-Pacific: Country Analysis
9.3.1. China Private LTE Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Component
9.3.1.2.2. By Vertical
9.3.1.3. Competition Outlook
9.3.2. Japan Private LTE Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Component
9.3.2.2.2. By Vertical
9.3.2.3. Competition Outlook
9.3.3. Australia Private LTE Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Component
9.3.3.2.2. By Vertical
9.3.3.3. Competition Outlook
9.3.4. South Korea Private LTE Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Application
9.3.4.2.2. By Vertical
9.3.4.3. Competition Outlook
9.3.5. India Private LTE Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Component
9.3.5.2.2. By Vertical
9.3.5.3. Competition Outlook
10. Middle East & Africa Private LTE Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Application
10.2.2. By Vertical
10.2.3. By Country
10.3. MEA: Country Analysis
10.3.1. Saudi Arabia Private LTE Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Component
10.3.1.2.2. By Vertical
10.3.1.3. Competition Outlook
10.3.2. Turkey Private LTE Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Component
10.3.2.2.2. By Vertical
10.3.2.3. Competition Outlook
10.3.3. South Africa Private LTE Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Component
10.3.3.2.2. By Vertical
10.3.3.3. Competition Outlook
10.3.4. United Arab Emirates Private LTE Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Component
10.3.4.2.2. By Vertical
10.3.4.3. Competition Outlook
11. South America Private LTE Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Application
11.2.2. By Vertical
11.2.3. By Country
11.3. South America: Country Analysis
11.3.1. Brazil Private LTE Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Component
11.3.1.2.2. By Vertical
11.3.1.3. Competition Outlook
11.3.2. Argentina Private LTE Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Component
11.3.2.2.2. By Vertical
11.3.2.3. Competition Outlook
11.3.3. Colombia Private LTE Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Component
11.3.3.2.2. By Vertical
11.3.3.3. Competition Outlook
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (Partial List of Leading Companies)
14.2.1. Nokia Corporation
14.2.2. Huawei Technologies Co., Ltd
14.2.3. Ericsson Inc.
14.2.4. NEC Corporation
14.2.5. QUALCOMM Incorporated.
14.2.6. Verizon Communications Inc.
14.2.7. AT&T Inc
14.2.8. Cisco Systems Inc
14.2.9. General Dynamics Corporation
14.2.10. Samsung Electronics Co Ltd.
15. Strategic Recommendations
(Note: The companies list can be customized based on the client request)
List Of Figures
Figure 1. Benefits of private LTE
Figure 2. Key factors driving adoption
Figure 3. Vendor Challenges
Figure 4. Major factors for selecting vendor
Figure 5. Key trends driving Private LTE adoption
Figure 6. Global Private LTE Market Size, By Value (USD Million), 2014-2018
Figure 7. Global Private LTE Market Size, By Value (USD Million), 2019E-2024F
Figure 8. Global Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 9. Global Private LTE Market Share, By Technology, By Component, By Value, 2014-2024F
Figure 10. Global Private LTE Market Share, By Service, By Component, By Value, 2014-2024F
Figure 11. Global Private LTE Market Share, By Application, By Value, 2014-2024F
Figure 12. Global Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 13. Global Private LTE Market Share, By Company, By Value, 2018
Figure 14. Global Private LTE Market Share, By Region, By Value, 2018 & 2024F
Figure 15. Global Private LTE Market Share, By Region, By Value, 2014-2024F
Figure 16. Global Private LTE Market Attractiveness Index, By Component, By Value, 2019E-2024F
Figure 17. Global Private LTE Market Attractiveness Index, By Application, By Value, 2019E-2024F
Figure 18. Global Private LTE Market Attractiveness Index, By Vertical, By Value, 2019E-2024F
Figure 19. Global Private LTE Market Attractiveness Index, By Region, By Value, 2019E-2024F
Figure 20. North America Private LTE Market Size, By Value (USD Million), 2014-2018
Figure 21. North America Private LTE Market Size, By Value (USD Million), 2019E-2024F
Figure 22. North America Private LTE Market Share, By Application, By Value, 2014-2024F
Figure 23. North America Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 24. North America Private LTE Market Share, By Country, By Value, 2014-2024F
Figure 25. United States’ Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 26. United States Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 27. United States Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 28. Canada’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 29. Canada Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 30. Canada Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 31. Mexico’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 32. Mexico Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 33. Mexico Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 34. Europe Private LTE Market Size, By Value (USD Million), 2014-2018
Figure 35. Europe Private LTE Market Size, By Value (USD Million), 2019E-2024F
Figure 36. Europe Private LTE Market Share, By Application, By Value, 2014-2024F
Figure 37. Europe Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 38. Europe Private LTE Market Share, By Country, By Value, 2014-2024F
Figure 39. United Kingdom’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 40. United Kingdom Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 41. United Kingdom Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 42. Germany’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 43. Germany Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 44. Germany Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 45. France’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 46. France Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 47. France Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 48. Italy’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 49. Italy Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 50. Italy Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 51. Spain’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 52. Spain Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 53. Spain Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 54. Asia-Pacific Private LTE Market Size, By Value (USD Million), 2014-2018
Figure 55. Asia-Pacific Private LTE Market Size, By Value (USD Million), 2019E-2024F
Figure 56. Asia-Pacific Private LTE Market Share, By Application, By Value, 2014-2024F
Figure 57. Asia-Pacific Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 58. Asia-Pacific Private LTE Market Share, By Country, By Value, 2014-2024F
Figure 59. China’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 60. China Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 61. China Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 62. Japan’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 63. Japan Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 64. Japan Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 65. Australia’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 66. Australia Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 67. Australia Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 68. South Korea’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 69. South Korea Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 70. South Korea Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 71. India’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 72. India Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 73. India Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 74. Middle East & Africa Private LTE Market Size, By Value (USD Million), 2014-2018
Figure 75. Middle East & Africa Private LTE Market Size, By Value (USD Million), 2019E-2024F
Figure 76. Middle East & Africa Private LTE Market Share, By Application, By Value, 2014-2024F
Figure 77. Middle East & Africa Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 78. Middle East & Africa Private LTE Market Share, By Country, By Value, 2014-2024F
Figure 79. Saudi Arabia’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 80. Saudi Arabia Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 81. Saudi Arabia Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 82. Turkey’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 83. Turkey Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 84. Turkey Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 85. South Africa’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 86. South Africa Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 87. South Africa Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 88. UAE’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 89. UAE Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 90. UAE Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 91. South America Private LTE Market Size, By Value (USD Million), 2014-2018
Figure 92. South America Private LTE Market Size, By Value (USD Million), 2019E-2024F
Figure 93. South America Private LTE Market Share, By Application, By Value, 2014-2024F
Figure 94. South America Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 95. South America Private LTE Market Share, By Country, By Value, 2014-2024F
Figure 96. Brazil’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 97. Brazil Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 98. Brazil Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 99. Argentina’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 100. Argentina Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 101. Argentina Private LTE Market Share, By Vertical, By Value, 2014-2024F
Figure 102. Colombia’s Share in North America Private LTE Market, By Value, 2018 & 2024F
Figure 103. Colombia Private LTE Market Share, By Component, By Value, 2014-2024F
Figure 104. Colombia Private LTE Market Share, By Vertical, By Value, 2014-2024F
List Of Tables
Table 1. United States Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 2. Canada Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 3. Mexico Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 4. United Kingdom Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 5. Germany Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 6. France Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 7. Italy Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 8. Spain Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 9. China Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 10. Japan Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 11. Australia Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 12. South Korea Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 13. India Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 14. Saudi Arabia Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 15. Turkey Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 16. South Africa Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 17. United Arab Emirates Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 18. Brazil Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 19. Argentina Private LTE Market Size, By Value (USD Million), 2014-2024F
Table 20. Colombia Private LTE Market Size, By Value (USD Million), 2014-2024F

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