Private LTE Network Sector to Post 32% CAGR through 2020, States SNS Telecom in Comprehensive Research Report Published at MarketPublishers.com
07 Jul 2016 • by Natalie Aster
LONDON – During the last several years, the critical communications sector has relied heavily on narrowband land mobile radio (LMR) networks for vitally important data and voice services. On account of the bandwidth limitations of the LMR networks, public security organisations and other users in the critical communications industry have resorted to commercial LTE networks to support soaring demands for mobile broadband services like video transmitting and bandwidth-intensive applications.
Nevertheless, the majority of commercial LTE networks do not by all means meet the security, priority, availability and resilience criteria of the industry. By offering authority over capacity and coverage, private LTE networks are capable of moderating these concerns whilst providing secured connectivity.
Private LTE networks are poised to go beyond the USD 800 million mark in global investments by 2016-end, and they are evolving into the most favoured way of delivering mobile broadband in the market for critical communications. Driven by large-scale deployments in the public security and power sectors, among others, the marketplace is further projected to record 32% CAGR through to 2020.
Comprehensive research report “The Private LTE Network Ecosystem: 2016 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” elaborated by SNS Telecom presents an up-close evaluation of the private LTE network universe. It gives deep insights into the technology, architectural components, operating models, prevalent trends, market challenges and drivers, opportunities in the vertical markets, application areas, rollout case studies, spectrum sharing, standardisation, regulatory framework, prospects for further development, value chain, industry players’ profiles along with their strategies. The research publication provides granular forecasts for investments in private LTE network infrastructure through to 2030, covering 3 sub-markets, 5 vertical markets and 6 regions.
More studies by the publisher can be found at SNS Telecom page.