GITNUX MARKETDATA REPORT 2024

Private Lte Industry Statistics

The private LTE industry is expected to experience significant growth in the coming years as companies increasingly adopt private cellular networks for improved connectivity and security.

With sources from: cybertechaccord.org, networkworld.com, fortunebusinessinsights.com, persistence.com and many more

Statistic 1

The business value-add from private LTE/5G infrastructure will be $25.6 billion by 2026.

Statistic 2

North America is expected to hold the largest market size in the global private LTE market during the forecast period.

Statistic 3

The global private LTE market size stood at USD 3,153.1 million in 2019.

Statistic 4

By 2027, the private LTE market will reach a revenue of $6.8 billion in the Asia Pacific region.

Statistic 5

In 2019, the private LTE market was the largest in the USA.

Statistic 6

5G-based private LTE network deployment is projected to grow at a CAGR of 37% by 2025.

Statistic 7

The private LTE market in Europe is predicted to record a CAGR of over 30% from 2021 to 2027.

Statistic 8

The utilities sector accounted for over 15% share in the private LTE market in 2019.

Statistic 9

By the end of 2021, manufacturing is estimated to hold over 25% of the revenue share in the private LTE market.

Statistic 10

In 2019, the hardware segment accounted for over 55% of the private LTE market revenue.

Statistic 11

The market size of fixed wireless solutions in the private LTE network is projected to grow at a CAGR of 34% during 2020–2030.

Statistic 12

The global private LTE market is projected to grow at a CAGR of 13.0% from 2019 to 2026.

Statistic 13

Approximately 60% of the large-scale businesses are considering the implementation of private LTE networks.

Statistic 14

The global Private LTE market size was valued at USD 2.98 billion in 2020.

Statistic 15

The transportation sector is expected to grow at the highest CAGR in the global Private LTE market during the forecast period.

Statistic 16

Global private LTE market by end-use, the public safety segment valued at over USD 700 million in 2020.

Statistic 17

The global private LTE market value is projected to reach approximately $19.5 billion by 2026.

Sources Icon Sources

In this post, we explore a comprehensive overview of the private LTE industry, featuring key statistics and market insights that shed light on the significant growth and potential of this sector. From business value-add projections to regional market sizes and sector contributions, these statistics paint a vivid picture of the evolving landscape and opportunities within the private LTE market. Let’s dive in and uncover the latest trends shaping the future of private LTE infrastructure.

Statistic 1

"The business value-add from private LTE/5G infrastructure will be $25.6 billion by 2026."

Sources Icon

Statistic 2

"North America is expected to hold the largest market size in the global private LTE market during the forecast period."

Sources Icon

Statistic 3

"The global private LTE market size stood at USD 3,153.1 million in 2019."

Sources Icon

Statistic 4

"By 2027, the private LTE market will reach a revenue of $6.8 billion in the Asia Pacific region."

Sources Icon

Statistic 5

"In 2019, the private LTE market was the largest in the USA."

Sources Icon

Statistic 6

"5G-based private LTE network deployment is projected to grow at a CAGR of 37% by 2025."

Sources Icon

Statistic 7

"The private LTE market in Europe is predicted to record a CAGR of over 30% from 2021 to 2027."

Sources Icon

Statistic 8

"The utilities sector accounted for over 15% share in the private LTE market in 2019."

Sources Icon

Statistic 9

"By the end of 2021, manufacturing is estimated to hold over 25% of the revenue share in the private LTE market."

Sources Icon

Statistic 10

"In 2019, the hardware segment accounted for over 55% of the private LTE market revenue."

Sources Icon

Statistic 11

"The market size of fixed wireless solutions in the private LTE network is projected to grow at a CAGR of 34% during 2020–2030."

Sources Icon

Statistic 12

"The global private LTE market is projected to grow at a CAGR of 13.0% from 2019 to 2026."

Sources Icon

Statistic 13

"Approximately 60% of the large-scale businesses are considering the implementation of private LTE networks."

Sources Icon

Statistic 14

"The global Private LTE market size was valued at USD 2.98 billion in 2020."

Sources Icon

Statistic 15

"The transportation sector is expected to grow at the highest CAGR in the global Private LTE market during the forecast period."

Sources Icon

Statistic 16

"Global private LTE market by end-use, the public safety segment valued at over USD 700 million in 2020."

Sources Icon

Statistic 17

"The global private LTE market value is projected to reach approximately $19.5 billion by 2026."

Sources Icon

Interpretation

In conclusion, the private LTE market is experiencing significant growth, with various regions and sectors driving this expansion. North America and Asia Pacific are anticipated to be key regions for market size and revenue growth, while industries such as utilities and manufacturing are playing prominent roles in shaping the market landscape. The deployment of 5G-based private LTE networks is expected to increase rapidly, particularly in large-scale businesses and end-use segments such as transportation and public safety. Overall, the private LTE market is forecasted to reach substantial value by 2026, reflecting the increasing adoption and investment in this technology across different sectors.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!