Business Industry Reports Private LTE & 5G Network Ecosystem Market

Global Private LTE & 5G Network
Ecosystem Market 2018 | Present
Scenario and Growth Prospects 2030
BusinessIndustryReports have new report on “Global Private LTE & 5G
Network Ecosystem Market 2018-2030”. The report provides the newest
industry data and industry future trends. The industry report lists the leading
competitors and provides the insights strategic industry Analysis of the key
factors influencing the market.
As the standardization of capabilities such as MCPTT (Mission-Critical PTT) by the 3GPP, LTE
is increasingly being viewed as an all-inclusive critical communications platform for the
delivery of multiple mission-critical services ranging from PTT group communications to
real-time video surveillance, and organizations across the critical communications industry
from public safety agencies to railway operators are making sizeable investments in private
LTE and 5G-ready networks.
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Private LTE & 5G Network Ecosystem Market Expected to surpass $2.5 Billion in annual
spending by the end of 2018, private LTE and 5G networks are increasingly becoming the
preferred approach to deliver wireless connectivity for critical communications, industrial
IoT, enterprise & campus environments, and public venues. SNS Telecom & IT estimates that
the market will further grow at a CAGR of approximately 30% between 2018 and 2021,
eventually accounting for more than $5 Billion by the end of 2021.