The private LTE market in SAM is expected to reach US$ 729.70 million by 2028 from US$ 729.70 million in 2021. The market is estimated to grow at a CAGR of 14.7% from 2021 to 2028. The advent of private LTE has brought a host of new use cases for industrial and residential uses that are anticipated to be enabled by the evolving networks over the course of years. Fixed Wireless Access (FWA) for residential use and distributed cloud for industries could be examples of these kind. The market competing with fixed broadband access is driving a need for higher bandwidth. The objective is to provide fiber-like speeds that can meet the demand for residential streaming services, such as TV and video. Typical data speed demand ranges from 100 to 4,000 Mbps. However, there is a limited business case to provide fixed broadband alternatives. Typical data speed demand ranges from 50 to 200 Mbps. In the market, there are virtually no existing fixed broadband alternatives, and the dominant way of accessing the internet is through mobile networks on a smartphone. Additionally, the surging adoption of IoT in the manufacturing sector is among the other factors expected to drive the growth of the SAM private LTE market during the forecast period. The SAM private LTE market for the transportation segment by end –user is expected to grow fastest during the forecast period.In the transportation sector, the private LTE solutions provide services for various applications such as real-time surveillance, remote maintenance and monitoring, data transmission for signaling systems, internet for passenger, and passenger information system.
In addition, the increasing demand for communication systems in conventional metros, buses, railways, and new driverless trains is fueling the adoption of private LTE owing to safety and management in rail operations along with improved service quality for passengers. Owing to these benefits, the sector is hugely contributing to the market growth.
Brazil recorded the highest number of COVID-19 confirmed cases in SAM, followed by Peru, Chile, Colombia, and Ecuador.Governments of these countries have taken an array of actions, such as lockdowns, trade bans, and travel restrictions, to protect their citizens and contain the spread of novel coronavirus that causes COVID-19.
Brazil, Argentina, and Chile have witnessed disruptions in their respective manufacturing sectors.In the wake of outbreak, the private LTE devices manufacturers and supply chain companies experienced huge decline in their sales during the first half of 2020.
As there is now ease in restrictions, the manufacturing units have commenced their operations, which has created a positive impact on the production and supply of LTE devices. The overall SAM private LTE market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining an overview and forecast for the SAM private LTE market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the SAM private LTE market.Cisco Systems, Inc; Telefonaktiebolaget LM Ericsson; Huawei Technologies Co.
Ltd.; Samsung Group; CommScope Inc; NetNumber, Inc.; Star Solutions; and Verizon Communications, Inc. are among the players operating in the market.
Our reports have been used by over 10K customers, including:
5G stands for the fifth generation of mobile communication technology. With each generation’s new technology and standards, there have been improvements in transmission speed and network capacity. 5G represents a big leap in cellular technology and in healthcare by providing essential levels of connectivity to enable a new health ecosystem,...
The United States LED market was valued at USD 8.58 billion in 2020, and it is expected to reach a value of USD 15.23 billion by 2026, registering a CAGR of 9.85% over the forecast period (2021-2026). The outbreak of COVID-19 has led to a weakened growth of industrial output and the decline in light-manufacturing production across significant...
The cellular IoT market is projected to grow from USD 3.9 billion in 2021 to USD 15.4 billion by 2027; it is expected to grow at a CAGR of 25.7%from 2021 to 2027. The key factors fueling the growth of the market include the increasing deployment of cellular IoT modules in smart city infrastructure and building automation verticals, and...
The global EMI shielding market size is projected to grow from USD 6.2 billion in 2021 to reach USD 7.7 billion by 2026; it is expected to grow at a CAGR of 4.4% from 2021 to 2026. The growth of the EMI shielding market is majorly driven by surging demand for consumer electronics, increasing electromagnetic pollution, and ongoing field trials...
The optical transceiver market is expected to grow from USD 7.0 billion in 2021 and is projected to reach USD 14.3 billion by 2026; it is expected to grow at a CAGR of 15.2% during the forecast period. Growth in demand for cloud-based services is expected to drive the optical transceiver market and to promote new revenue opportunities for...
The microwave transmission equipment market in North America is expected to grow from US$ 783.41 million in 2021 to US$ 1433.27 million by 2028; it is estimated to grow at a CAGR of 9.0% from 2021 to 2028. Increased spectrum efficiency and growing level of automation is bolstering the growth of the industry. Spectrum efficiency is achieved...
224 pages •
By Asia Market Information & Development Company
• Jun 2021
China’s demand for Wireless Communications Equipment has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports,...
282 pages •
By Paul Budde Communication Pty Ltd
• Aug 2021
UK telecoms market struggles to find opportunities for growth following another lacklustre year The UK telecoms market extended its pattern of declining revenue into a fifth consecutive year in 2020, dropping a further 1.9% year-on-year. This was despite gains in subscriber numbers in some of the key growth areas of...
The global wireless broadband in public safety market size is expected to grow from an estimated value of USD 20.6 billion in 2021 to USD 69.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 27.6% from 2021 to 2026. The wireless broadband in public safety market is driven by various factors, such as enhancement in public safety...
286 pages •
By Asia Market Information & Development Company
• Jun 2021
China’s demand for Mobile Devices has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, imports & exports, consumer consumption...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.